AQW 8177/17-22

Mr Andrew Muir
Alliance Party
North Down

Tabled Date: 05/10/2020
Answered On Date: 20/10/2020
Priority Written: No

Question:
To ask the Minister of Finance, pursuant to AQW 6775/17-22, why Barnett consequentials of only £6.0 million for 2020/21 arose when HM Treasury issued statement on 2 September 2020 costing Kickstart Scheme at £2 billion.

Answer:

The Chancellor announced a total of £2 billion, at his Summer Economic Update, for a Kickstart Scheme for 16-24 year olds. This funding covered England, Scotland and Wales, and is phased across three years: £215 million for 2020-21, £1,670 million for 2021-22 and £110 million for 2022-23.

The Barnett consequential of the £215 million for 2020-21 is £6 million. Funding for future years to be included in the Spending Review.

Barnett consequentials are not hypothecated, meaning they do not have to be used for the purpose which gave rise to the consequential.