Spending plans sees £400m extra for Stormont budgets


Spending plans sees £400m extra for Stormont budgetsThe chancellor has said his spending plans for the coming year will mean an extra £400m for Stormont budgets.

Sajid Javid announced £13.8bn of extra day-to-day spending for public services across the UK.

Northern Ireland’s share of that pot is allocated through a mechanism known as the Barnett formula.

The Northern Ireland Office (NIO) said the extra cash equates to a real increase of about 2%.

Politicians at Stormont are supposed to decide how the extra funds are allocated. https://www.bbc.co.uk/news/uk-northern-ireland-49583200