Hilary Benn

Hilary Benn

Labour — Leeds South

Speaking in the House of Commons on 23 October 2024

Debate

Budget Sustainability Plan

Contribution

Northern Ireland’s greater spending needs are recognised. The Northern Ireland Fiscal Council was established to answer the question of what that additional funding should be, and it came to the conclusion that the figure should be 124%, which will be met this year in respect of the budget. The interim fiscal framework also said that if further credible sources come along suggesting that the figure should be different, the Government would undertake to look at that. But nothing takes away from the Executive’s responsibility to manage the budget that they have, and to take decisions, including on reform.

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