Posted 11/23/2023, 4:55:00 PM
Over £57 Million in UK Funding Withheld from Northern Ireland Due to Stormont Collapse
- Over £57 million in funding from UK Levelling Up department being withheld from Northern Ireland due to Stormont collapse
- Includes estimated £30 million from Levelling Up Fund and £27 million from Shared Prosperity Fund
- Also includes £20 million "endowment-style fund" from Long Term Plan for Towns
- UK minister said funding will eventually be spent in NI but wants to work with restored NI executive
- Separately, £75 million from Autumn Statement will go towards reducing Stormont overspend rather than public services