House of Lords Press Release
Embargo: Immediate Wednesday 10 December 2008
Contact: Owen Williams 020 7219 8659
HOUSE OF LORDS LAUNCH NEW COMMITTEE ON THE BARNETT FORMULA
The House of Lords has today confirmed the establishment of a new ad hoc Committee on the Barnett Formula.
The Committee will be Chaired by Lord Richard. Other Members of the Committee are:
Lord Forsyth of Drumlean
Baroness Hollis of Heigham
Lord Lang of Monkton
Lord Lawson of Blaby
Earl of Mar and Kellie
Lord Smith of Clifton
The Committee will consider
"The purpose, methodology and application of the Barnett Formula as a means of determining funding for the devolved administrations of the United Kingdom, to assess the effectiveness of the calculation mechanism to meet its purpose, and to consider alternative mechanisms."
The Committee's remit excludes consideration of:
The overall system of funding the devolved administrations - in particular the question of whether greater tax-raising powers should be accorded to the devolved administrations.
Other political aspects of the devolution settlements,
The distribution of funds within the different regions of the United Kingdom.
The Committee expect to publish a Call for Evidence in January and will welcome written evidence from any interested parties.
For Further information please contact Owen Williams, Head of Press and Media, House of Lords, on 020 7219 8659