Barnett Formula

Have you ever heard of the Barnett Formula? Whatever the reasons for its creation at the end of the 1970s it has now outlived its intended shelf-life of just 20 years.
Joel Barnett the former minister who created it has stated that it really should have been long abandoned.
So, what is it? What does it do? Why is it so unfair?
Well, it allows disproportionate amounts of taxpayers money to be sent to Scotland and Wales meaning, inter al, that Scots no longer face prescription charges and university fees.
Combine this with the lack of balance in the numbers of Scottish MPs, The West Lothian Question and the lack of an English Parliament and English voters and taxpayers get a truly raw deal giving special subsidies to Scotland and Wales as well as our milch cow funding of the ever corrupt EU.

LINKS: http://www.parliament.uk/commons/lib/research/rp98/rp98-008.pdf

http://www.dailymail.co.uk/pages/live/articles/news/news.html?in_article_id=392231&in_page_id=1770

http://www.tomgriffin.org/the_green_ribbon/2007/10/brassneck-on-th.html