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BelfastVI

Oct 10 Budget

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Lost of talk about the Budget and the cuts to the block Grant. The latest today, on this important matter, is the NI budget may be delayed as there is no agreement from the Department Ministers.

It is my great fear that they will magically defer this to after the next election.

But that aside it would be useful to have a topic solely dedicated to this important matter. We did discuss this earlier and figures were produced for the Block Grants over the previous years. These figures are not easily uncovered and it would be great if someone could post the last 10 year Block Grant figures.

The last time we looked at this I suggested the suggested cuts would only take the block grant back to the level they were in 2006. I see Newton Emerson (Irish News last Friday) has suggested that the proposed cuts only take the block grant back to 2008 levels and accuses the Media of an hysterical overreaction. At the other scale John Simpson has suggested that the cuts could result in the loss of 40,000 jobs. Two different views and something worth taking a look at.

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Thanks Doccboy

I have cut and paste to make it easier. These seam high as they have been brought up to Real Terms (March 2006)

Financial year Block Grant(37) Percentage increase

2000–01 8,402,893,197

2001–02 8,857,618,663 +5.41

2002–03 8,370,250,791 -5.50

2003–04 8,892,846,485 +6.24

2004–05 9,162,741,500 +3.03

(37)Stated in real terms using the GDP Deflator.

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Thanks Doccboy

I have cut and paste to make it easier. These seam high as they have been brought up to Real Terms (March 2006)

Financial year Block Grant(37) Percentage increase

2000–01 8,402,893,197

2001–02 8,857,618,663 +5.41

2002–03 8,370,250,791 -5.50

2003–04 8,892,846,485 +6.24

2004–05 9,162,741,500 +3.03

(37)Stated in real terms using the GDP Deflator.

a few more

http://www.doeni.gov.uk/lgrt_fin_annex_3.pdf

rock on

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This is where I get confused. I had checked this site but it talks about Expenditure of £17bn in 2008 and £19bn this year, whilst the previous link talks about £7 to £8b, which is closer to the £9bn Block Grant I understood we are talking about.

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This is where I get confused. I had checked this site but it talks about Expenditure of £17bn in 2008 and £19bn this year, whilst the previous link talks about £7 to £8b, which is closer to the £9bn Block Grant I understood we are talking about.

if you look at this pdf

http://www.doeni.gov.uk/lgrt_fin_annex_3.pdf

the DEL is the block grant

the AME is the dole etc

if my counting is correct

07-08 year block grant was just over 8.5 bill

rock on!

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  • 145 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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