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£34m from spring statement cannot be allocated due to lack of Executive – Murphy

£34m from spring statement cannot be allocated due to lack of Executive – Murphy

Assessment

Interactive Video

Social Studies

University

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

The transcript discusses the challenges faced in allocating funds due to the DUP's halt of executive functioning, which prevents new funding allocations without prior agreement. Efforts are being made to address cost of living issues, but Treasury's response is pending. Legal advice indicates that an executive is needed to allocate new funds, and without it, significant amounts of money remain unused. The speaker emphasizes the need for Treasury to consider these constraints when transferring additional funds.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What has the speaker requested to address the cost of living issues?

To ring-fence money

To increase taxes

To cut public spending

To borrow more funds

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main issue with the £300 million mentioned in the transcript?

It is sitting unused

It has been misallocated

It is being invested in stocks

It has been spent on infrastructure

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What amount does the speaker hope to receive in a usable manner?

£50 million

£34 million

£100 million

£300 million

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

According to the legal advice, what is needed to allocate new funding?

A parliamentary vote

An executive in place

A new budget plan

Approval from the public

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What has the speaker done to address the issue of fund allocation?

Ignored the problem

Spoken to the Treasury

Requested a loan

Increased taxes

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