Ms Margaret Ritchie – 2015 Parliamentary Question to the HM Treasury
The below Parliamentary question was asked by Ms Margaret Ritchie on 2015-12-09.
To ask Mr Chancellor of the Exchequer, what the Barnet consequentials for Northern Ireland are of the £50 million additional funding for flood relief; and if he will make a statement.
Greg Hands
As the Chancellor announced in the House on 9 December, the government is creating a new Community Recovery Scheme to support households and businesses affected by the floods in Cumbria and Lancashire.
The Barnett Formula has been applied to this funding in the normal way, and the Northern Ireland Executive will receive £1.322 million in additional funding.