Public Expenditure: Northern Ireland

(asked on 1st April 2025) - View Source

Question to the HM Treasury:

To ask His Majesty's Government what the Barnett consequentials are for Northern Ireland arising from the £1 billion support package announced for employment, health and skills for the disabled and those with long-term medical conditions.


Answered by
Lord Livermore Portrait
Lord Livermore
Financial Secretary (HM Treasury)
This question was answered on 11th April 2025

The Barnett formula is applied when UK Government departmental budgets change, not when additional funding is announced. The Barnett consequentials from the £1 billion employment support package will be confirmed at Phase 2 of the Spending Review 2025.

The Northern Ireland Executive is receiving £18.2 billion in 2025-26, including an additional £1.5 billion through the operation of the Barnett formula. This is the largest spending review settlement in real terms since devolution and ensures that the Northern Ireland Executive continues to receive over 24% more per person than equivalent UK Government spending in the rest of the UK, including the 2024 restoration financial package.

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