2023 UK budget includes £100m funding for Northern Ireland, £20m each for Londonderry and Coleraine, and £2m for global investment and trade opportunities.
Jeremy Hunt's UK budget aims to boost Northern Ireland's economy, with a cut in national insurance expected to save the average worker around £900 a year, according to Lorraine Nelson, tax partner at BDO Northern Ireland. The budget also includes £100m of extra funding for Stormont departments, one-off regeneration funds of £20m each for Londonderry and Coleraine, and a £2m allocation for global investment and trade opportunities for Northern Ireland.
March 06, 2024
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