"Barnett - we'll consider it again, don't know where, don't when..."

From a recent House of lords Debate on the Barnett Formula:

Lord Barnett (Labour)

My Lords, the noble Lord must know that he has not answered my Question. The Select Committee to which he referred unanimously pointed out that approximately £1,600 per head more is spent in public expenditure in Scotland than in England, which has serious implications for the coming cuts. The Select Committee, which included a former Conservative Chancellor and two former Conservative Secretaries of State for Scotland, unanimously recommended that the system should be changed and based on need. What is he going to do? Is he going to do nothing at all

Basically..."yes" was the answer. The rest of the debate is worth reading, not least for the fact that the government spokesman, Lord de Mauley's pledge of inactivity was criticised by both government and opposition peers.