LIVE: Stormont budget cuts outlined by NI secretary

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LIVE: Stormont budget cuts outlined by NI secretary
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The departments of justice, finance and economy are among those facing reductions in their 2022/23 baselines.“Despite the progress that has been made with the Windsor Framework, it is with considerable disappointment that I find it is necessary for me to once again step in and set a Budget for Northern Ireland for 2023-24,” said Mr Heaton-Harris.

“We have provided around £7 billion in additional funding to Northern Ireland since 2014, on top of the Barnett-based block grant. The Northern Ireland budget per person is around 20% higher than equivalent UK Government spending in other parts of the UK. The Secretary of State said the £297 million owed to the Treasury, from an advance payment used to plug a financial hole in last year’s Stormont budget, could be repaid using any future in-year funds allocated to Northern Ireland by the Government through the Barnett system process.

“To support this, I am committing any future in-year Barnett consequentials for 2023-24 to repaying the reserve claim.

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