Speeches

Gregory Campbell – 2014 Parliamentary Question to the HM Treasury

The below Parliamentary question was asked by Gregory Campbell on 2014-04-02.

To ask Mr Chancellor of the Exchequer, what estimate he has made of the likely reduction to the block grant for Northern Ireland in the current financial year arising from lack of progress on welfare reform.

Danny Alexander

I have written to the Northern Ireland Minister for Finance and Personnel setting out that the Treasury will reduce Northern Ireland Executive budgets to reflect savings foregone as a result of the lack of progress on welfare reforms already in place in the rest of the United Kingdom. For 2014/15 those estimated savings are £87m and in 2015/16 they will rise to £114m.