Question to the HM Treasury:
To ask the Chancellor of the Exchequer, whether there will be a Barnett consequential for the Northern Ireland devolved government as a result of the announcement of 10 February 2021 of £5 million funding for the removal of unsafe cladding.
The Housing Secretary announced £3.5 billion on 10 February 2021 as part of a £5 billion multi-year investment in building safety in England.
The Barnett formula is applied to changes in departmental funding so will apply to changes in funding related to this announcement. The level of Barnett consequentials to the Northern Ireland Executive will be confirmed at future fiscal events and spending reviews when the overall level of funding for MHCLG is set.