Question to the HM Treasury:

To ask His Majesty's Government what is the total amount of (1) resource expenditure, and (2) capital expenditure, repurposed from previously allocated funding to form part of the package of overall funding offered to restore devolution in Northern Ireland.

The UK Government is providing the Northern Ireland Executive with a comprehensive £3.3 billion spending settlement to stabilise public services, better manage public finances and pave the way for transformation of public services.

Within this package, as set out by the UK Government last month, we are providing the Northern Ireland Executive with £708 million to support public services over five years from 2024-25 to 2028-29. This is comprised of £85 million new funding and removing the ring-fence on £623 million of existing Northern Ireland funding streams.

As the £623 million being un-ringfenced is from unallocated Northern Ireland funding streams, none of the Northern Ireland Executive’s block grant has been repurposed as part of the UK Government’s financial package.