All the updated news related to fiscal council

All the news related to fiscal council updated in real time

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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 Stormont would face ...

27 Sept 2022 at 12:19

Northern Ireland

Stormont should be given some powers over setting income tax rate – report

Stormont should be given partial control over setting the rates and bands of income tax in Northern Ireland, a commission has recommended. In its final report, the Independent Fiscal Commission for Northern Ireland has also stated that there ...

19 May 2022 at 15:28

News

Stormont’s draft budget lacks strategy, fiscal watchdog warns

Stormont’s draft budget for the next three years is lacking in its strategic approach, a fiscal watchdog has warned. The Northern Ireland Fiscal Council said, while the figures in the proposed spending plan add up, there was not enough ...

20 Jan 2022 at 13:25

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, according ...

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 money should ...

18 Sept 2023 at 14:05

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 ...

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 ...

07 Sept 2022 at 12:35

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

Ireland

More than half want Irish general election this month, poll indicates

More than half of the Irish public want a general election this month, a poll has indicated. While the current Fine Gael/Fianna Fail/Green Party coalition can continue until early 2025, there has been speculation ...

06 Oct 2024 at 16:08

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, ...

08 Jan 2025 at 13:26

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 ...

08 Jan 2025 at 14:40

Northern Ireland

Westminster needs to step in over NI health crisis, committee chairwoman says

The UK Government needs to “step in” to help with a financial crisis facing Northern Ireland’s health service, the chair of a Stormont committee has said. Health Committee chairwoman Liz Kimmins made ...

16 Jan 2025 at 16:20

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