Is the Barnett Formula outdated?
A report today by the Institute for Public Policy Research says the Formula, which calculates how the devolved nations are financed, is ‘inequitable and could undermine the Union unless reformed’.
Broken down, the report shows that public spending per head in Northern Ireland each year is £5,684. This figure is 21% above the UK average and [...]
Filed under: Conservatives Northern Ireland, DUP, Devolution, Northern Ireland, Taxation, Water charges | 1 Comment »