Oral Answers to Questions

David Smith Excerpts

Wednesday 23rd October 2024 Commons Chamber

[Deirdre Costigan (Ealing Southall) (Lab)]

7. Whether he has had discussions with the Northern Ireland Executive on the budget sustainability plan.

[David Smith (North Northumberland) (Lab)]

10. Whether he has had discussions with the Northern Ireland Executive on the budget sustainability plan.

[The Secretary of State for Northern Ireland (Hilary Benn)]

Where were we, Mr Speaker?

I welcome the publication of the Northern Ireland Executive’s budget sustainability plan—a positive and necessary step towards sustainable public finances—and the Chief Secretary to the Treasury has agreed with the Northern Ireland Finance Minister that discussions over a long-term fiscal framework for Northern Ireland can now begin.

--- Later in debate ---

[Hilary Benn]

Given that the European convention on human rights is one of the foundations of the Good Friday agreement, I am frankly astonished that anyone who aspires to lead His Majesty’s Opposition should suggest that our country should leave the ECHR. It would be utterly irresponsible.

[David Smith]

I commend all those who worked to re-establish devolved government earlier this year at Stormont. It is now vital that the Northern Ireland Executive ensure that they have sustainable finances. Does the Secretary of State agree that revenue raising by the Northern Ireland Executive has an important part to play in delivering financial sustainability and stability to Northern Ireland?

[Hilary Benn]

I do. Indeed, raising £113 million was part of the deal that the last Government put in place as part of the £3.3 billion package that led to the restoration—well, that followed the restoration of the Executive. That includes delivering a balanced budget in the current year, and I am very encouraged by the statements of the Northern Ireland Finance Minister in that regard.