Revenue-raising by UK Devolved Administrations in the Context of an Expenditure-based Financing System

This contribution discusses the main features of the UK devolved financing system, the operation of the Barnett formula and the local government financing system. Policy at the UK level is then examined for its effect on the devolved administrations, including the impact of expenditure changes for E...

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Bibliographic Details
Published in:Regional & federal studies 2003, Vol.13 (4), p.67-90
Main Authors: Heald, David, Mcleod, Alasdair
Format: Article
Language:English
Subjects:
Central Government
Decentralization
Fiscal Policy
Government Spending
Intergovernmental Relations
Local finance
Local Government
Public expenditure
Public Finance
Regional policy
Regional studies
Tax revenue
Tax systems
United Kingdom
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Summary:This contribution discusses the main features of the UK devolved financing system, the operation of the Barnett formula and the local government financing system. Policy at the UK level is then examined for its effect on the devolved administrations, including the impact of expenditure changes for England that generate formula consequences for the devolved administrations. In a discussion of the strengths and weaknesses of the UK system, one important strength to emerge is continuity from the pre-devolution arrangements. More problematic are the system's inadequate transparency, geographical inequity and the absence of institutional machinery to regulate intergovernmental fiscal relationships.
ISSN:1359-7566
1743-9434
DOI:10.1080/13597560308559446