Payments under Barnett formula - Proposed High Speed Rail link
Dear Sir or Madam,
Please could you confirm what payments, if any, would be made to the devolved regions of the UK as a result of applying the Barnett formula to the cost of building the proposed Scotland to London High Speed Rail link.
I appreciate that the project is at a planning stage and that the question is to some extent hypothetical but, assuming the project is completed at the estimated cost of £34bn and that the Barnett formula is applied under current arrangements, what payments would be made?
Thank you.
Yours faithfully,
Peter Jones
Dear Mr Jones,
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