Tulip Siddiq

Tulip Siddiq

Labour — Hampstead and Highgate

Speaking in the House of Commons on 3 December 2024

Debate

National Insurance Contributions (Secondary Class 1 Contributions) Bill

Contribution

If you will forgive me, Madam Deputy Speaker, I feel that a lettuce would have better judgment. I turn to the devolved Governments. The Government will provide Departments and other public sector employers with support for additional ER NICs costs only. The funding will be allocated to Departments, with the Barnett formula applying in the usual way. The overall outcome of the Barnett formula is that all the devolved Governments will receive at least 20% more funding per person than the equivalent UK Government spending in the rest of the UK. The Scottish Government will receive £47.7 billion in 2025-26, including an additional £3.4 billion through the operation of the Barnett formula. The Welsh Government will receive £21 billion in 2025-26, including an additional £1.7 billion through the operation of the Barnett formula.

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