Menu
29/11/2017
NI Gets £20m From DUP/Tory Deal
The first £20 million of the DUP/Tory confidence and supply deal has been released, according to the Department of Finance.
A total of £15m will be provided to the Department of Health and £5m will be given to the Department of Education.
A statement from the Department of Finance said: "A further Budget Bill and Supplementary Estimate will be required later in this financial year to provide departments with the legal authority to spend in line with these revised allocations. In particular, funding committed in the financial annex to the Confidence and Supply Agreement is subject to the full authorisation of the UK Parliament, as with all sums discharged from the UK Consolidated Fund, via the Estimates process in the New Year.
"The need to access the remaining £30million for health and education committed in the financial annex to the Confidence and Supply Agreement will be kept under review. A key consideration will be whether it would be best to propose accessing the funding in 2017/18 or 2018/19. Treasury have confirmed that any such unspent monies in 2017/18 can be reprofiled into 2018/19 on top of existing Budget Exchange arrangements."
Sinn Féin finance spokesperson Máirtín Ó Muilleoir MLA said: "The finance allocated should ensure that planned cuts to health and education programmes do not therefore proceed.
"We know there are ongoing cuts to the Block Grant as the Tory government, supported by the DUP continue an austerity agenda robbing public services of the support that they need.
"This Tory cuts agenda is further exacerbated by the threat posed to our economy by Brexit when the clear will of the people in the North is to remain within Europe."
(CD/LM)
A total of £15m will be provided to the Department of Health and £5m will be given to the Department of Education.
A statement from the Department of Finance said: "A further Budget Bill and Supplementary Estimate will be required later in this financial year to provide departments with the legal authority to spend in line with these revised allocations. In particular, funding committed in the financial annex to the Confidence and Supply Agreement is subject to the full authorisation of the UK Parliament, as with all sums discharged from the UK Consolidated Fund, via the Estimates process in the New Year.
"The need to access the remaining £30million for health and education committed in the financial annex to the Confidence and Supply Agreement will be kept under review. A key consideration will be whether it would be best to propose accessing the funding in 2017/18 or 2018/19. Treasury have confirmed that any such unspent monies in 2017/18 can be reprofiled into 2018/19 on top of existing Budget Exchange arrangements."
Sinn Féin finance spokesperson Máirtín Ó Muilleoir MLA said: "The finance allocated should ensure that planned cuts to health and education programmes do not therefore proceed.
"We know there are ongoing cuts to the Block Grant as the Tory government, supported by the DUP continue an austerity agenda robbing public services of the support that they need.
"This Tory cuts agenda is further exacerbated by the threat posed to our economy by Brexit when the clear will of the people in the North is to remain within Europe."
(CD/LM)
Related Northern Ireland News Stories
Click here for the latest headlines.
24 May 2024
New Loan Scheme To Boost Communities Social Needs
An innovative new loan scheme aimed at helping the Voluntary, Community and Social Enterprise (VCSE) sector develop capital projects to tackle social need in communities across Northern Ireland has been announced Communities Minister Gordon Lyons.
New Loan Scheme To Boost Communities Social Needs
An innovative new loan scheme aimed at helping the Voluntary, Community and Social Enterprise (VCSE) sector develop capital projects to tackle social need in communities across Northern Ireland has been announced Communities Minister Gordon Lyons.
17 November 2022
DUP Accuse Former Finance Minister Of 'Failing' NI
The DUP has said the NI's "failed" Finance Minister Conor Murphy must take his share of the responsibility for the blackhole in Northern Ireland's finances. East Antrim MP Sammy Wilson said: "The budget process in Northern Ireland started in October 2021 yet Conor Murphy failed to set a budget and we are now reaping the consequences.
DUP Accuse Former Finance Minister Of 'Failing' NI
The DUP has said the NI's "failed" Finance Minister Conor Murphy must take his share of the responsibility for the blackhole in Northern Ireland's finances. East Antrim MP Sammy Wilson said: "The budget process in Northern Ireland started in October 2021 yet Conor Murphy failed to set a budget and we are now reaping the consequences.
12 November 2021
Stormont Finance Minister Calls For VAT Exemption On Energy Bills
Stormont Finance Minister Conor Murphy has called for a VAT exemption on energy bills. Mr Murphy made the call to the Treasury as gas prices continue to increase in Northern Ireland. On Thursday, Firms Energy announced it is to to put up prices by 38% from 03 December due to the increase in global energy costs.
Stormont Finance Minister Calls For VAT Exemption On Energy Bills
Stormont Finance Minister Conor Murphy has called for a VAT exemption on energy bills. Mr Murphy made the call to the Treasury as gas prices continue to increase in Northern Ireland. On Thursday, Firms Energy announced it is to to put up prices by 38% from 03 December due to the increase in global energy costs.
13 January 2016
Mervyn Storey Appointed Finance Minister
First Minister Arlene Foster has appointed Mervyn Storey as the new Finance Minister. He replaces Mrs Foster who previously held the post before she was announced as the new First Minister on Monday after Peter Robinson stepped down.
Mervyn Storey Appointed Finance Minister
First Minister Arlene Foster has appointed Mervyn Storey as the new Finance Minister. He replaces Mrs Foster who previously held the post before she was announced as the new First Minister on Monday after Peter Robinson stepped down.
12 January 2016
Arlene Foster To Appoint New Finance Minister
NI First Minister Arlene Foster is expected to appoint a new Finance Minister today, 12 January. The DUP Leader, who previously held the post, was announced as the First Minister on Monday after Peter Robinson stepped down. The Northern Ireland Assembly is to break up in March to allow an election campaign to start.
Arlene Foster To Appoint New Finance Minister
NI First Minister Arlene Foster is expected to appoint a new Finance Minister today, 12 January. The DUP Leader, who previously held the post, was announced as the First Minister on Monday after Peter Robinson stepped down. The Northern Ireland Assembly is to break up in March to allow an election campaign to start.
-
Northern Ireland WeatherThis Evening and Tonight:It will be cloudy. Also mainly dry at first this evening but then occasional outbreaks of rain developing overnight. Light southwest winds, and staying mild. Minimum temperature 9 °C.
