Clause 18
Dormant Bank and Building Society Accounts Bill [Lords]
4:15 pm
Mark Hoban (Shadow Minister, Treasury; Fareham, Conservative)
The Treasury commissioned a factual review of the Barnett formula that was due to be published in the summer, but the summer has been and gone and we are still waiting for its publication. What would happen if the Government changed the Barnett formula, as that might end up creating a distribution that was different to the straightforward per capita basis?