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Tory-DUP deal paves way for £3.3bn and new Barnett formula that will hike block grant funding by 24%
Derry Journal
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31/01/2024
Tory-DUP deal paves way for £3.3bn and new Barnett formula that will hike block grant funding by 24%
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00:00
will help put Northern Ireland's public services on a sustainable footing, with funding totaling
00:05
over £3 billion to support public services in Northern Ireland, providing a solid foundation
00:10
for the Executive to deliver better outcomes in the day-to-day lives of the people in Northern
00:15
Ireland. This is part of a financial package I announced before Christmas that will help address
00:21
public sector pay pressures, provide an updated Barnett formula for Northern Ireland now and into
00:26
the future, reflecting the needs and unique circumstances of the people of Northern Ireland,
00:31
and give the Executive significant funding to stabilise public finances.
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