BARNETT FORMULA

Early day motion 959, tabled 31 March 2004 by Peter Kilfoyle (Labour). Signed by 31 members.

That this House recognises that the Barnett Formula was instituted as a temporary measure to offset calls for devolution under the Callaghan government; has, according to Lord Barnett, its author, existed beyond its sell-by date remains unfair and to the detriment of the English regions and to the advantage of Scotland and Wales and ought to be replaced forthwith by a fairer distribution of funds throughout the United Kingdom.

Signatures by party: Labour 24, Liberal Democrat 3, Conservative 2, Labour/Co-operative 2.