Written Question·Treasury·UIN 5792
Public Expenditure: Northern Ireland
Tabled: 12 September 2024
Answered: 11 October 2024
Question
Sorcha Eastwood
Alliance — Lagan Valley
To ask the Chancellor of the Exchequer, if she will conduct a comprehensive review of (a) relative need and (b) associated implications for the level of the fiscal floor for Northern Ireland required to ensure equivalent levels of service provision across
Answer
Darren JonesAs part of the restoration of the Northern Ireland Executive (NIE) the UK Government and NIE agreed to add a 24% needs-based factor into the Barnett formula as it applies to the NIE from 2024-25. This is part of the financial package worth over £3.3 billi...
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