Last edited 25 Sep 2024

Barnett Formula

Functional Standards Common Glossary, published by the Cabinet Office, defines the Barnett Formula as: ‘…a mechanism used by the HM Treasury in the United Kingdom to automatically adjust the amounts of public expenditure allocated to Northern Ireland, Scotland and Wales to reflect changes in spending levels allocated to public services in England, England and Wales or Great Britain, as appropriate.’

[edit] Related articles on Designing Buildings

Designing Buildings Anywhere

Get the Firefox add-on to access 20,000 definitions direct from any website

Find out more Accept cookies and
don't show me this again