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HomeSourcesbbc.comFunding Holyrood: Agreeing a fair share

Funding Holyrood: Agreeing a fair share

The Scottish and UK governments don’t appear to agree on much, but there are times when, quietly, they can rub along just fine.

If you don’t hear much about it, that may be because there’s little party political advantage in consensus, or because the news media isn’t interested in reporting that peace has broken out.

But sometimes, agreement is reached when it really matters. Wednesday was such a moment, with the announcement that they have agreed on the arrangements for funding the Scottish government.

Stick with this. It’s an agreement through which £33bn came Holyrood’s way in 2020-21, and small changes in it could have delivered hundreds of millions of pounds less.

You may recall the two governments agreed on a new funding formula in 2016, publishing something called the Fiscal Framework. This was required to account for the ways in which devolved income tax and welfare spending would reduce the size of the block grant passed each year from the Treasury to the Scottish finance secretary.

Sourcebbc.com
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