(4 weeks, 1 day ago)
Commons ChamberThe budget sustainability plan highlights that Northern Ireland has been systemically underfunded, with the fiscal council estimating an annual shortfall of between £300 million and £400 million since 2022. Meanwhile, the Northern Ireland Executive reported a £559 million overspend between 2022 and 2024. What measures are the Government taking to address Northern Ireland’s immediate budgetary pressures, ensure long-term financial stability and equitable funding, and, crucially, guarantee sustainable public services?
In addition to the £3.3 billion package that followed the restoration of the Executive, the Executive gained £185 million in July when the main estimates were published. In order to avoid having to repay the debt that the hon. Member refers to, they have to put their finances on a sustainable path, deliver a balanced budget, and raise the additional £130 million revenue to which they committed when the deal was done. The fiscal council’s view is that 124% is the right funding.
(1 month, 1 week ago)
Commons ChamberUrgent Questions are proposed each morning by backbench MPs, and up to two may be selected each day by the Speaker. Chosen Urgent Questions are announced 30 minutes before Parliament sits each day.
Each Urgent Question requires a Government Minister to give a response on the debate topic.
This information is provided by Parallel Parliament and does not comprise part of the offical record
The four city and growth deals for Northern Ireland are critical mechanisms in revitalising industries and creating new economic opportunities across key regions in Northern Ireland. The pause in UK Government funding has caused, by the Secretary of State’s own admission, uncertainty, anxiety and lost impetus in key investment projects under the city and growth deals framework. The Mid South West deal represents over £250 million of investment across the region. The decision to allow projects in Belfast and Derry to proceed while pausing those in the Mid South West and Causeway regions risks reproducing the very imbalances that these deals were designed to tackle, widening inequities and inequalities across Northern Ireland. I have had the opportunity to speak to the hon. Member for Lagan Valley (Sorcha Eastwood), who brought to my attention the risks posed to the agri-bio innovation centre in Dromore by the Government’s withdrawal of secure funding.
Therefore, on behalf of Northern Irish businesses, councils and residents, especially those in the poorest regions, I ask the Secretary of State the following questions. What actions are the Government taking to mitigate those regional economic imbalances and to tackle inequalities, especially in the Mid South West, and what assurances can be provided that rural areas will not be forgotten, again especially in the Mid South West and the Causeway Coast?
Order. You are allowed one minute and you are now well over that, so I am sure you are coming to the end this very second.
I am grateful to the hon. Gentleman, whom I welcome to his post—this is, I think, the first time we have faced each other. He makes a fair point about the areas covered by the two deals that have been paused, and the contrast between them and Derry and Strabane, and Belfast. It is important that, in the end, we see economic growth right across Northern Ireland, so I do not dissent from his proposition, but the reason we are in this difficulty is the legacy that this Government have found. Any responsible Chancellor must, in the circumstances, find a way of straightening out the public finances, which were left to us in a really bad state.