Economy & Finance
Employment & Labour Market
Reading Time: 3 minutes In recent years ‘Preventative Expenditure‘ (PE) has gained a high level of political consensus. There are many definitions, and this imprecision has resulted in departments sometimes claiming that all of their expenditure is preventative. Generally
How much of what we spend on public services in Northern Ireland is paid for by locally raised tax revenue?
Reading Time: 4 minutes Northern Ireland (NI) receives a sizeable fiscal transfer from the United Kingdom (UK) Government. In other words, considerably more is spent on public services than is raised in revenue. NI therefore relies on taxpayers elsewhere
Reading Time: 4 minutes Financial Transactions Capital (FTC) is funding allocated to the Executive by the United Kingdom (UK) Government. The Executive has discretion over FTC allocation to projects. However, FTC can be deployed only as a loan to