Ms Margaret Ritchie – 2015 Parliamentary Question to the HM Treasury
The below Parliamentary question was asked by Ms Margaret Ritchie on 2015-11-25.
To ask Mr Chancellor of the Exchequer, what the Barnett consequentials are for Northern Ireland of the measures announced in the Spending Review and Autumn Statement 2015.
Greg Hands
The Northern Ireland Executive’s block grant allocations for the Spending Review period were set out at the Spending Review and Autumn Statement 2015. The allocations were calculated by the application of the Barnett Formula to UK government departmental settlements in the normal way.
Further information regarding the Barnett Formula can be found in HM Treasury’s ‘Statement of Funding Policy’.