To ask the Chancellor of the Exchequer, what proportion of the revenues accrued from the Aggregates Levy have been spent in Northern Ireland.
16 March 2020
As with most taxes, the revenue raised from the Aggregates Levy goes into the Consolidated Fund, which is used to finance public services and the Government’s priorities. The Barnett formula is applied in the normal way on all planned changes in UK government departmental budgets.
As a result of UK Government decisions at this Budget, the Northern Ireland Executive will benefit from a funding boost of over £210 million, on top of the £430 million additional funding in 2020-21 provided at Spending Round 2019. Taken together, the Northern Ireland Barnett-based block grant will rise to over £13 billion in 2020/21.