Question to the HM Treasury:

To ask His Majesty's Government what assessment they have made of the warning from the Northern Ireland Fiscal Council that Stormont will face a financial "cliff-edge" in 2026 when money from the Government support package runs out.

The UK Government is providing the Northern Ireland Executive with a significant funding settlement of over £3.3 billion. This will support the Executive to stabilise public finances and public services in Northern Ireland.

In the longer term, the UK Government has committed to open discussions on a new fiscal framework for Northern Ireland and to introduce a new needs-based factor which will provide a 24% uplift on future Barnett consequentials for the Northern Ireland Executive from 2024-25.