The Barnett formula: How it operates and proposals for change
The Barnett formula calculates the yearly change to the block grant; this is the largest of the grants provided to the devolved administrations by the UK government. The formula aims to give each nation the same pounds-per-person change in funding each year. However, criticisms about equity have been made regarding how the formula is calculated. Calls for reform have mainly focused on proposals to introduce a universal needs-based factor to the formula.