Scotland: Block Grants

House of Lords written question – answered on 25th February 2014.

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Photo of Lord Kilclooney Lord Kilclooney Crossbench

To ask Her Majesty’s Government what was the total amount of the latest block grant transferred by HM Treasury to Scotland; and what consideration they have given to whether that block grant will continue in the event of Scotland becoming an independent nation.

Photo of Lord Deighton Lord Deighton The Commercial Secretary to the Treasury

The 2013/14 block grant to Scotland was £26,433.7m for Resource DEL and £2914.2m for Capital DEL.

The Government position is clear: our priority remains reducing the deficit and ensuring a secure economic future for the whole of the UK economy.

Any change to the current system and the Barnett formula must await the stabilisation of the public finances.

If Scotland votes to become an independent country the Barnett Formula, and therefore the block grant, would no longer apply to Scotland.

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