No. During the formula review, which was completed in 2002 the Office of the Deputy Prime Minister looked in some detail at the different geographies, data and methods that could be used to calculate the ACA. Several of the options advocated by Professors Oswald and Blanchflower in their report were examined and rejected during the formula review
The Office of the Deputy Prime Minister considered the Oswold and Blanchflower report as part of the written representations received on the local government settlement for 2004–05. However, as we made clear following the recent review it is our intention that the funding formulae will be frozen for at least 2004–05 and 2005–06. There would therefore be little purpose in the suggested meeting.