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Just to support your point, currently the Northern Ireland fiscal balance runs at a deficit of £10 billion per annum and has run a deficit since the Great Depre
by daedalus_f 4y ago
Just to support your point, currently the Northern Ireland fiscal balance runs at a deficit of £10 billion per annum and has run a deficit since the Great Depression. [1]
https://factcheckni.org/topics/economy/how-dependent-is-stormont-on-westminster-subvention/ https://factcheckni.org/topics/economy/how-dependent-is-stor...
- smcl 4y agoIs running a deficit not the norm in Europe?
- anonymousDan 4y agoWhich is ironic given it was historically the wealthiest part of Ireland pre-partition. If unification were to happen my money would be on it becoming much wealthier (module some kind of troubles 2.0 not kicking off - a big if!). Even if there was no reunification, I think they could be in a really strong position economically if they were to just accept the current NI protocol agreement. They would be in a very advantageous position with access to both the EU and UK markets. Maybe that is what the brexiteers are worried about as any improvement relative to the rest of the UK would provide concrete evidence of the economic impact of brexit. Of course it could go the other way!