Capital Investment

Treasury written question – answered on 29th January 2019.

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Photo of Ian Lucas Ian Lucas Labour, Wrexham

To ask the Chancellor of the Exchequer, how many individual capital projects were awarded to (a) Northern Ireland, (b) Wales and (c) Scotland in (i) 2017, (ii) 2018 and (iii) 2019 to date by the Government; and what was the value of those projects.

Photo of Elizabeth Truss Elizabeth Truss The Chief Secretary to the Treasury

HM Treasury does not centrally hold information on all individual capital projects approved in (a) Northern Ireland, (b) Wales and (c) Scotland.

Capital projects in the Devolved Administrations are not funded through a single mechanism, nor is there a single decision-making body. In devolved policy areas funding comes from either i) central government, as in the case of the Belfast City Regional Deal at Autumn Budget 2018; or ii) from Devolved Administrations’ own capital budgets, which are set per the Barnett formula. Projects in reserved policy areas, such as Defence, are funded through central government. Because there is no central funding source or decision-making body, we do not hold a complete record of individual capital projects approved in (a) Northern Ireland, (b) Wales and (c) Scotland in (i) 2017, (ii) 2018 and (iii) 2019.

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