Stormont: Finance Minister warns of £767m Stormont pressure

Stormont departments are currently facing spending pressures of £767m, the finance minister has told MLAs.Caoimhe Archibald said Stormont can expect to get about £500m extra as a consequence of October’s Westminster budget.

She said the Treasury has been "explicit" that any overspend this year would trigger the suspended repayment of a previous £559m overspend. Ms Archibald also signalled that she is set to propose measures which will mean higher rates bills for some households or businesses.The minister said she wants to "build a progressive rates system which grows our tax base and stimulates our economy".

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Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

North Lanarkshire Council’s finance convener meets Scotland’s Finance SecretaryThe meeting comes in the wake of the alarming announcement regarding up to £500 million in cuts to Scotland’s public services, highlighting the growing financial crisis facing local government.
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