(2 days, 10 hours ago)
Commons ChamberI regularly meet the Northern Ireland Finance Minister to discuss funding. The Government will provide Northern Ireland with a record settlement of £19.3 billion per year on average—the largest in the history of devolution—and the Executive will also continue to receive over 24% more per person, in line with their independently assessed level of need.
Whether it is Stoke-on-Trent in the west midlands or the proud communities in Northern Ireland, the spending review anticipates helping to create good jobs and industrial improvement. Will the Secretary of State set out how the spending review will help to improve the industrial base in Northern Ireland?
The spending review gives the Northern Ireland Executive more funds to disperse as they see fit. It comes alongside the publication of the industrial strategy, the funds that the Government are making available and the £30 million that will come to Northern Ireland through UK Research and Innovation. There is funding available and there is great wealth, talent and potential in Northern Ireland to make the best use of it.