Question to the HM Treasury:

To ask His Majesty's Government how much funding they have allocated to Northern Ireland under the Barnett Formula as a consequence of spending on HS2; and how much additional funding they expect to allocate to Northern Ireland as a consequence of the project in each of the next five years.

The Block Grant Transparency publication breaks down all changes in the devolved governments’ block grant funding from the 2015 Spending Review up to and including Main Estimates 2023-24. Where funding for HS2 has been allocated at a fiscal event or Estimates, the publication will confirm the total Barnett consequentials received by the Northern Ireland Executive. The most recent report was published in July 2023 [1]. An updated report will be published in due course.

At Spending Reviews, the Barnett formula is applied to the overall change in a department’s settlement using departmental comparability factors. This means that Barnett consequentials generated in relation to HS2 specifically cannot be determined.

[1] You can access this report via the following link: https://www.gov.uk/government/publications/block-grant-transparency-july-2023