Summary
Mark Carruthers discusses the government's Spending Review and Casement Park with John Campbell, Andrew Webb, Jodie Carson and Stephen McGeehan from the GAA.
Transcript
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| 0:00.0 | We've known for a long time there was a lot writing on today's comprehensive spending review. |
| 0:04.6 | The Chancellor Rachel Reeve sat down in the House of Commons just over an hour ago. |
| 0:09.9 | So we're right in the middle of things as we're recording this Red Line's conversation. |
| 0:13.9 | It's just after 2.30 on Wednesday afternoon and elements of the picture are still emerging. |
| 0:19.8 | So welcome along. I'm Mark Carruthers. |
| 0:21.6 | The good news is I have a crack team of experts sitting around the table with me |
| 0:25.3 | to talk through the significance of today's developments for Northern Ireland specifically. |
| 0:30.3 | Our economics and business editor John Campbell is here. |
| 0:33.0 | Jodie Carson is here. |
| 0:34.2 | She's Professor of Strategic Policy in Practice at Ulster University. And |
| 0:38.5 | Andrew Webb, Chief Economist at Grant Thornton, Ireland is here as well. So welcome to all |
| 0:44.1 | of you and thanks for joining us. John, we were looking out, I think, for news in three key areas. |
| 0:51.3 | Just remind us what those are and why you think they're so important. |
| 0:55.6 | Well, obviously that the politics was around casement and how much that money was going to be |
| 1:01.0 | and were there any strings attached to it. I think secondly, we were looking at would there |
| 1:05.6 | be an improvement in the top up which Stormett gets to its budget now as a result of something which was agreed at the time that devolution was restored and then thirdly there was this issue of a potential cliff edge when some of the short-term one-off funding which came with Stormont restoration runs out so would that be addressed in the context of this spending review? And we have |
| 1:28.4 | answers of a sort to all of those things now. I think we have to be absolutely honest about this. |
| 1:33.0 | I've introduced you as three experts and you are three experts, but it's not entirely clear |
| 1:39.1 | what was going on here. I think it's fair to say at this stage. Is that just about where we are? |
| 1:44.7 | And our other guests will have a bit more time to read some of this stuff, but particularly |
| 1:48.1 | around this issue of the top up which Stormont gets. So what was agreed at the time of restoration |
| 1:55.0 | was that for every additional pound that Stormont gets through the Barnet formula, there would be 24P on top of that, |
... |
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