Barnett Formula 2020-02-05
2020-02-05
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Q1
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Context
Discussions between the Chancellor of the Exchequer and the UK Government on additional funding for Northern Ireland, which is subject to the Barnett formula.
Chris Stephens asks about discussions with the Chancellor regarding additional funding for Northern Ireland under the Barnett formula. He notes that while they welcome the return of the new Executive in Northern Ireland and the new moneys being allocated, he queries whether the Government still intends to abide by the Barnett formula given the Prime Minister's previous opposition.
We absolutely plan to abide by the Barnett formula. This is part of the Government's commitment to levelling up across all nations of the United Kingdom.
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