Documents to download

In the absence of an Executive or an Assembly in Northern Ireland, this bill makes provision for the Northern Ireland budget for the year ending 31 March 2020. Initial authority to provide funds for the year 2019/20 was provided by the Northern Ireland Budget (Anticipation and Adjustments) Act 2019. However, these initial amounts are expected to begin to be exhausted from 31 October 2019. The bill is therefore intended to complete the authorisations for the full financial year. No new money will be voted as a result of the bill; instead, it appropriates approximately £5.31 billion already provided for in the Consolidated Fund of Northern Ireland. It also authorises the use of resources by Northern Ireland departments and public bodies of approximately £6.04 billion.

The bill received its first reading in the House of Commons on 29 October 2019 and is due to complete all its remaining stages on 30 October 2019. It is then expected to complete its second reading and all remaining stages in the House of Lords on 31 October 2019. Such fast-tracking is not unusual for Northern Ireland budget bills: the bills which became the Northern Ireland Budget Acts 2017 and 2018 also passed through their stages on a single day in each House.

The Leader of the House of Commons has stated that it is necessary to pass the bill before Parliament is dissolved for a general election, providing a further reason for fast-tracking. As a general election is now expected to be held on 12 December 2019, Parliament will need to dissolve by 6 November 2019 and the bill will need to have received royal assent by the end of 5 November 2019.

The bill has been designated as a ‘money bill’ and therefore the House of Lords may not amend it. Although the Lords will debate the bill at second reading, later stages will go through formally without debate.

Documents to download

Related posts

  • The UK economy in the 1980s

    This briefing is the fourth of a series on the post-war history of the UK economy. The series proceeds decade-by-decade from the 1950s onwards, providing an overview of the key macroeconomic developments of each decade. This briefing looks at the 1980s. The decline in the profitability of industry, which began in the 1960s, was reversed in this decade; however, the share of national income received by workers fell to a post-war low.

    The UK economy in the 1980s
  • Role of the prime minister’s trade envoys

    The prime minister’s trade envoys are a network of parliamentarians appointed to engage with countries where the UK government has identified trade and investment opportunities. There were 35 trade envoys covering 58 markets as of 16 May 2024. The government has said trade envoys support the UK’s economic growth by promoting trade in key markets. However, some parliamentarians have sought clarity on aspects of the trade envoy programme.

    Role of the prime minister’s trade envoys