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Replacing EU funding: is Barnett the answer?

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The UK is due to leave the EU at 11pm on March 29th 2019. However, current plans imply that we will continue our regular contributions to the EU’s budget and take part in EU schemes supporting farming, regional economic development, science and innovation and a host of other areas for another 21 months after that. That means we have some time to get the design of new programmes to replace these EU schemes right.

In this article for the Scottish Experts Panel monthly newsletter on constitutional, financial and Brexit-related issues, David Phillips, looks at the role the Barnett Formula could play in replacing funding currently provided by EU programmes. He argues that Barnett is unlikely to be a suitable mechanism for allocating such funding, and sets out some of the questions on policy and funding objectives that would need to be considered in designing replacement funding mechanisms. 

Find out more

Mimeo
The Scottish Parliament's Finance and Constitution Committee is seeking views on how EU funding for agriculture, economic development and innovation may be replaced after Brexit. IFS researchers Nicolo Bird and David Phillips have submitted evidence.
Mimeo
A response to the consultation from the Finance Committee of the National Assembly for Wales concerning preparations for replacing European Union funding for Wales
Press release
Evidence submitted to the Welsh Assembly Finance Committee's inquiry on preparations for the replacement of EU funding programmes after Brexit
Press release
The Scottish Parliament's Finance and Constitution Committee is seeking views on how EU funding for agriculture, economic development and innovation may be replaced after Brexit. IFS researchers Nicolo Bird and David Phillips have submitted evidence.