Public Spending: Devolved Administrations Debate
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Steve Barclay
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Public Spending: Devolved Administrations
Steve Barclay Excerpts(3 years, 8 months ago)
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The Chief Secretary to the Treasury (Steve Barclay)
On 15 February the UK Government announced an additional £2.1 billion for the devolved Administrations through the Barnett formula to support people, businesses and public services affected by coronavirus. This was on top of the £16.8 billion that had previously been guaranteed. £million Scottish Government Welsh Government Northern Ireland Executive Resource DEL excluding depreciation 873.510 497.557 238.054 Capital DEL (general) 236.845 137.130 74.964 Capital DEL (Financial Transactions) 41.532 25.530 14.039 Total DEL 1,151.888 660.218 327.057 £million Scottish Government Welsh Government Northern Ireland Executive Resource DEL excluding depreciation 39,210.215 17,923.931 14,974.531 Capital DEL (general) 4,836.545 2,837.569 1,591.874 Capital DEL (Financial Transactions) 612.198 313.696 214.816 Total DEL 44,65.8957 21,075.195 16,781.222
In recognition of the exceptional circumstances and in response to calls for flexibility, the devolved Administrations were given the option to carry forward any of the £2.1 billion into 2021-22 on top of their existing facilities to transfer funding between financial years.
The devolved Administrations have now confirmed they wish to carry forward the following amounts. They will receive this funding at Main Estimates 2021-22.
The devolved Administrations’ 2020-21 funding as at Supplementary Estimates 2020-21 is therefore being reduced by the same amount.
In line with the Statement of Funding Policy, the Welsh Government are also switching £501 million from Resource DEL to Capital DEL (general).
This means that revised 2020-21 funding is as follows:
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