Finance

Finance

An image showing the Northern Ireland Budget Act 2019, with a selection of cash

Northern Ireland public finances: An update

Reading Time: 3 minutes This blog article provides an update on Northern Ireland public finances in the absence of fully functioning devolved government. It explains recently enacted budget legislation and notes political developments of relevance to future Northern Ireland budgets.

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A chart showing the scale of change in TES proportions in % points, 1999-2000 to 2016-2017

We don’t need no education!

Reading Time: 8 minutes The finances of Northern Ireland’s schools have been in the spotlight for some time. For example, the Northern Ireland Affairs Committee at Westminster is currently holding an Inquiry into Education funding. In June 2018, Northern Ireland’s

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A photograph showing Market Square in Lisburn (credit: Albert Bridge)

What are rates and why do we pay them?

Reading Time: 5 minutes Rates are a property tax paid by households and businesses. There are two different types of rates in Northern Ireland, domestic rates for residential properties and non-domestic rates for businesses and other non-residential properties, such as

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An image of an empty wallet

Reclaiming the power of the purse

Reading Time: 5 minutes Half way through the fiscal year, Northern Ireland (NI) still has no 2017-18 budget. A previous blog, Who has the power of the purse if the Assembly does not agree a budget?, set out the process

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