30/10/2018

Budget Worth An Additional £320m For NI

The Chancellor has said his budget will mean additional spending of £320million for Northern Ireland government departments in 2021.

Phillip Hammond said there would be "larger sums to come" as a result of a forthcoming spending revenue.

There was also a £2m one-off payment to help with the impact of the Primark fire in Belfast City Centre.

An August blaze at the historic Bank Buildings which housed the retailer led to 14 businesses being closed, possibly for four months in total.

Mr Hammond announced his budget in a speech on Monday 29 October in the House of Commons.
News Image
Analysis by Stormont's Department of Finance suggests that Northern Ireland will get an extra £44m for day-to-day spending this year and an additional £31m for capital spending.

The Chancellor also approved a city deal for Belfast which will mean £350m of additional funding over 15 years.

Northern Ireland will be the last remaining part of the UK to get a city deal, with 30 other regions across the UK already having secured the funding that is designed to give more spending and decision-making powers to local authorities.

The six councils that lobbied for a Belfast deal hoped to secure £450m of funding from Mr Hammond, with an Executive matching that figure, but the Chancellor said £350m would be made available from the Treasury.



(JG)

Related Northern Ireland News Stories
Click here for the latest headlines.

17 January 2022
North Belfast Stabbing Believed To Be Racially-Motivated Attack
Police have issued an appeal for information following a stabbing incident in north Belfast, which is believed to have been racially-motivated. A man, aged in his 30s, was found collapsed inside a vehicle on the Antrim Road just before 1am on Saturday 15 January. He had suffered a number of stab wounds to his chest and abdomen.
10 October 2007
Finances To Be Challenging At Assembly
Stormont Finance Minister Peter Robinson has warned that the chancellor's Pre-Budget report demonstrates slowing public finances and that difficult decisions will have to be made at the Assembly to meet substantial challenges in Ulster's public services.
13 June 2005
The 2005 Birthday Honours List for Northern Ireland
The full list of recipients of honours in the 2005 Birthday Honours list for Northern Ireland is as follows: Knighthood: Mr Hugh Orde OBE, Chief Constable, Police Service of Northern Ireland - for services to Northern Ireland. CBE: Mr Robert David Stewart Campbell, Belfast - For Political and public service.
02 July 2012
British Airways Back In Belfast City For Heathrow Link
British Airways relaunched services between Northern Ireland and London Heathrow today after an 11-year gap. It follows the acquisition of BMI by International Airlines Group (IAG).
28 February 2020
Coronavirus Arrives In Northern Ireland
A case of coronavirus has been confirmed in Northern Ireland. Health officials are working rapidly to establish any contacts the patient, who is thought to be a woman, may have had. It's reported she flew into Dublin with a child before travelling to Belfast. Tests are underway to determine whether the child has also contracted the virus.