Translink to get funding prop from DUP deal
Northern Ireland state-run operator Translink is to get £9.3 million to help fund losses in a share-out of the £1bn secured by the DUP for supporting the Conservative party.
In its 2016/17 annual returns, Translink reported £10.9m losses – a reduction from 2015/16’s £18.3m loss. Translink will also get a share of £8.1m to buy new buses.
The Department of Education will get an additional £14m, of which £6m will be for SEN. A total £10.1m of capital spending has been reallocated, most of which will go to the Department for Infrastructure.
In June, the DUP agreed to support Theresa May’s government in return for £1bn for Northern Ireland over five years. Stormont confirmed that only £20m of it will be spent in this financial year to tackle immediate financial pressures in health and education.
Access to the funding requires the approval of both parliament and the assembly. Experts say that if there is no assembly then a direct rule minister could take the necessary legislation through Westminster.