DUP Treasury Spokesperson Sammy Wilson MP said:
“In yet another example of the economic security Northern Ireland experiences as part of the UK, an additional £900m will be made available to the Northern Ireland Executive in the next financial year, as announced in the Chancellor’s Spending Review.
It is important that the Sinn Fein Finance Minister now enters into immediate discussions with other Ministers about next year’s budget to ensure departments, public bodies, businesses and the public can have certainty about the impact of spending plans.
Northern Ireland businesses are also set to benefit from a UK wide increase in infrastructure spending, with a particular focus on the additional money set aside for new and more efficient buses. In addition, there are a number of other major projects which construction firms in NI are well placed to participate in.
While I welcome the Chancellor’s assurances to me that Northern Ireland will have access to the Infrastructure Bank, Levelling Up Fund and the Shared Prosperity Fund, we need to know the details as to how the funds will operate and more importantly, if they are genuinely designed to level up economic activity across the UK, how in practice they will be applied.”