The controversial Barnett formula is long overdue for reform and should be reviewed as a matter of urgency, the Commons' Justice Committee said.
The report – which also questions the future of the post of Secretary of State for Scotland – calls on the UK government to establish a UK-wide review of the formula and put forward alternatives.
It states: "The Barnett formula is overdue for reform and lacks any basis in equity or logic. It creates controversy in all of the constituent parts of the UK
More from Sir Alan Beith MP, chairman of the committee:
"The funding formula is a relic from earlier times, taking no account of the current need of the various nations and regions of the United Kingdom."
Not good news for Arlene and David, but in terms of the longterm future of the wider United Kingdom, it's imperative that its inequities are sorted out asap.
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