Extra £1bn for Northern Ireland will barely dent public finances

UK government will spend 802bn this year, so funds 'not much more than rounding error', says IFS deputy head

The deal to spend an extra 1bn over two years in Northern Ireland will do little to disturb the public finances.

Of the funds, about 400m will be directed at new physical infrastructure, 150m on better broadband, and 40m will tackle deprivation. Another 350m will be spent on health and education services.