Scotland Bill

Part of the debate – in the House of Commons at 1:40 pm on 27th January 2011.

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Photo of Iain Stewart Iain Stewart Conservative, Milton Keynes South 1:40 pm, 27th January 2011

Does my hon. Friend agree that the operation of the Barnett formula in its strictest sense will protect the Scottish budget at times of reduction in the overall UK level of public spending? A population change is taken on the basis of a higher-than-average base line, so in times of public expenditure reductions, that will protect the Scottish block.