Baroness Suttie
Main Page: Baroness Suttie (Liberal Democrat - Life peer)Northern Ireland City Deals
Baroness Suttie Excerpts(1 month, 1 week ago)
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Baroness Anderson of Stoke-on-Trent (Lab)
I shall be clear: if the former Government had not left us in such a challenging fiscal situation, there would be no financial pause and we would not be in the position we currently are. While I agree that the timing was unfortunate, whenever the announcement was made it would not have been welcomed by those people whom it affected. I assure your Lordships’ House that, since the announcement was made, the Secretary of State and all the officials at the NIO have been working tirelessly with key partners. We are doing everything that we can to make representations to our very dear and close friends at the Treasury, to whom I am going to be very nice for the next 20 days, making it clear how important these deals are to the future of Northern Ireland.
Baroness Suttie (LD)
My Lords, I too express disappointment at the timing and the way in which this has been handled. It has caused great economic uncertainty and a loss of momentum for those areas which were expecting to receive the funds. Yesterday, the Secretary of State for Northern Ireland said that an impact assessment had not been carried out. Can the Minister say how the Government intend to assess the economic consequences of these decisions, not least their impact on regional development in Northern Ireland?
Baroness Anderson of Stoke-on-Trent (Lab)
I have seen no such impact assessment either. The Secretary of State was clear about this yesterday. However, we are making every effort to demonstrate the potential success of these deals. As we have seen with the Belfast region deal, £350 million of UK government money has led to £1 billion of investment in association with the deal. I turn to the timescale. We do not know what will be announced in the Budget and spending review. This is a six-week pause in a programme that has so far taken three years and is likely to go on for another 15. Six weeks is an appropriate pause to make sure that every penny of government money is appropriately allocated.