All the updated news related to the northern ireland fiscal council

All the news related to the northern ireland fiscal council updated in real time

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Northern Ireland

Executive faces ‘cliff edge’ when support package money runs out, warns watchdog

A Stormont spending watchdog has warned that the devolved Executive faces a “cliff edge” when money from a Government support package runs out. The Northern Ireland Fiscal Council said the £3.3 billion settlement provided a substantial cash ...

15 Feb 2024 at 14:04

Northern Ireland

Squeeze on block grant putting pressure on NI services, fiscal report says

Stormont’s ability to deliver public services in Northern Ireland comparable to England is coming under increasing pressure from a squeeze on the block grant, a new fiscal report has stated. The Northern Ireland Fiscal Council’s first ...

07 Sept 2022 at 12:35

Northern Ireland

Hard for NI Water to match investment in private water companies, MPs told

Northern Ireland’s government-owned water company will struggle to match the increased investment that is being sought for improved services in other parts of the UK, MPs have heard. The Northern Ireland Affairs Committee, which is ...

08 Jan 2025 at 14:40

Northern Ireland

Health spending in NI falls below rate in England, report says

Health spending per person in Northern Ireland will this year fall below that in England for the first time, a new report has stated. The Northern Ireland Fiscal Council’s report on the sustainability of the health service said ...

27 Sept 2022 at 12:19

Northern Ireland

Warning of Stormont financial ‘cliff-edge’ when stabilisation funding runs out

The Stormont Executive faces a financial “cliff-edge” when stabilisation funding provided by the UK Government runs out, MPs have been told. Sir Robert Chote, chairman of the Northern Ireland Fiscal Council, said that money ...

08 Jan 2025 at 13:26

Northern Ireland

Civil servants estimate Stormont funding gap at £800 million, watchdog says

Stormont civil servants estimate that departments face a funding gap of potentially £800 million this financial year, a fiscal watchdog has said. Overall funding for departments will be cut by 3.3% in real terms in 2023/24,...

02 May 2023 at 12:20

Northern Ireland

Northern Ireland facing ‘significant’ long-term pressures – finance secretary

Northern Ireland is facing “really significant long-term fiscal pressures”, the permanent secretary at the Department of Finance has warned. Neil Gibson also said revenue-raising measures are a “tool in the toolkit” but ...

18 Sept 2023 at 14:05

Northern Ireland

Lack of executive compounding Stormont’s budgetary problems – watchdog

Stormont departments are overspending significantly amid weak budgetary controls due to the absence of a ministerial executive, a fiscal watchdog has warned. The Northern Ireland Fiscal Council, an independent body ...

08 Nov 2022 at 18:31

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