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1713835

registered interest
date	25/04/2024
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Public Finance: Northern Ireland
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, when his Department commenced negotiations with the Northern Ireland Minister of Finance on a new fiscal framework for Northern Ireland.
tabling member constituency	Belfast South
tabling member printed	Claire Hanna
uin	23810
answer	answer is ministerial correction date of answer 30/04/2024 answer text <p>As committed to in the financial package for the restored Northern Ireland Executive, the UK Government will agree a Fiscal Framework with the Northern Ireland Executive which will outline Northern Ireland’s long-term funding arrangements.</p><p> </p><p>Since the restoration of the Northern Ireland Executive, constructive engagement on the Executive’s Fiscal Framework has taken place between HM Treasury and the Northern Ireland Department of Finance officials, and between myself and the Northern Ireland Finance Minister. My officials and I will continue this regular engagement to progress these negotiations at pace.</p> answering member constituency Sevenoaks answering member printed Laura Trott grouped question UIN 23811 question first answered 30/04/2024 12:55:27 answering member 4780 label Biography information for Laura Trott
tabling member	4827 label Biography information for Claire Hanna

1713836

registered interest
date	25/04/2024
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Public Finance: Northern Ireland
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what his planned timetable is for agreeing a new fiscal framework for Northern Ireland.
tabling member constituency	Belfast South
tabling member printed	Claire Hanna
uin	23811
answer	answer is ministerial correction date of answer 30/04/2024 answer text <p>As committed to in the financial package for the restored Northern Ireland Executive, the UK Government will agree a Fiscal Framework with the Northern Ireland Executive which will outline Northern Ireland’s long-term funding arrangements.</p><p> </p><p>Since the restoration of the Northern Ireland Executive, constructive engagement on the Executive’s Fiscal Framework has taken place between HM Treasury and the Northern Ireland Department of Finance officials, and between myself and the Northern Ireland Finance Minister. My officials and I will continue this regular engagement to progress these negotiations at pace.</p> answering member constituency Sevenoaks answering member printed Laura Trott grouped question UIN 23810 question first answered 30/04/2024 12:55:27 answering member 4780 label Biography information for Laura Trott
tabling member	4827 label Biography information for Claire Hanna

1689972

registered interest
date	19/02/2024
answering body	Northern Ireland Office
answering dept id	21
answering dept short name	Northern Ireland
answering dept sort name	Northern Ireland
hansard heading	Public Finance: Northern Ireland
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Northern Ireland, what his planned timetable is for the Northern Ireland Assembly to bring forward revenue raising proposals.
tabling member constituency	East Antrim
tabling member printed	Sammy Wilson
uin	14522
answer	answer is ministerial correction date of answer 21/02/2024 answer text <p>The UK Government remains determined to support the Executive to unlock the opportunities that the financial package presents.</p><p> </p><p>To help stabilise the Executive’s financial position, the UK Government has agreed to pause its debt repayments from 2022-23 and 2023-24 of up to £559 million and will no longer require these funds to be repaid, subject to the Executive publishing a plan by May 2024 which outlines how it will deliver sustainable public finances and services and demonstrating implementation of that plan by May 2025.</p><p> </p><p>This sustainability plan must include the delivery of a balanced budget for 2024-25 by raising a minimum of £113 million through locally generated income. It will be for the Executive to determine if it will consider a different course of action to deliver the public services that Northern Ireland needs as part of its sustainability plan.</p> answering member constituency Daventry answering member printed Chris Heaton-Harris question first answered 21/02/2024 15:50:16 answering member 3977 label Biography information for Chris Heaton-Harris
tabling member	1593 label Biography information for Sammy Wilson

1456541

registered interest
date	31/03/2022
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Public Finance: Northern Ireland
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, whether he has made an assessment of the effect of provisions included in the Spring Statement 2022 on Northern Ireland.
tabling member constituency	Wigan
tabling member printed	Lisa Nandy
uin	151093
answer	answer is ministerial correction date of answer 25/04/2022 answer text <p>The Chancellor’s Spring Statement on 23 March 2022 announced a number of measures to support households and businesses in every region and nation of the UK and to relieve the immediate pressure on our cost of living. It sets out that taxes are being cut, debt is falling and public spending is increasing.</p><p> </p><p>For example, raising the National Insurance thresholds is a tax cut for 800,000 workers in Northern Ireland, saving the typical employee over £330 a year, and the 1ppt cut to the basic rate of income tax from 2024 will benefit 870,000 taxpayers in Northern Ireland.</p><p> </p><p>Further support for UK households and businesses included the £1,000 increase to the Employment Allowance, which will benefit around half a million businesses across the UK, as well as the cuts to fuel duty on petrol and diesel, by 5p per litre, for the next 12 months.</p><p> </p><p>In addition to this UK-wide action, the Chancellor also announced that the UK government is providing the Northern Ireland Executive with an additional £47 million through the Barnett formula in 2022/23 as a result of measures announced in the Spring Statement.</p> answering member constituency Middlesbrough South and East Cleveland answering member printed Mr Simon Clarke question first answered 25/04/2022 13:13:45 answering member 4655 label Biography information for Sir Simon Clarke
tabling member	4082 label Biography information for Lisa Nandy