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<p>Like previous Northern Ireland support packages, and City Deals in Wales and Scotland,
this funding is a targeted intervention to address a specific set of unique challenges.</p><p>And
as was the case for those previous interventions, this exceptional funding will be
made outside of the normal, ongoing, Barnett funding system. It will therefore not
attract Barnett consequentials. It will be allocated as an addition to the Northern
Ireland Executive’s regular block grant.</p><p>This is not unprecedented and Wales
will continue to receive direct investment from the UK Government to support growth.
Since 2014, the UK Government has committed over £600m of investment in Wales through
City Deals and the government is committed to further City Deals. In addition, the
government has also committed to £50m for the Compound Semi-Conductor Applications
Catapult Centre in South Wales.</p><p> </p><p><strong> </strong></p>
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