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Northern Ireland Fiscal Deficit
Northern Ireland has a fiscal deficit (also known as a subvention or subsidy) since the public expenditure in the country exceeds the tax revenue. The deficit typically runs at a rate of £10 billion ''per annum'' which is more than one third of Northern Ireland's annual fiscal budget. The size of the deficit has been seen by some commentators as a possible impediment to the potential reunification of Ireland. History Up until the Great Depression in the 1930s, Northern Ireland ran an annual surplus, and was a net contributor to the UK exchequer. It has run a deficit every year since 1966; that year the deficit was £52 million (£973 million in 2014 pounds). In absolute terms, the subsidy peaked in the 2009–10 fiscal year, when it stood at £11.5 billion in 2014 pounds. Subsidy Nine of the twelve UK statistical regions (the exceptions are London, South East England and East of England) carry a deficit. At nearly £5,000 per capita, Northern Ireland's is ...
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Northern Ireland Fiscal Deficit
Northern Ireland has a fiscal deficit (also known as a subvention or subsidy) since the public expenditure in the country exceeds the tax revenue. The deficit typically runs at a rate of £10 billion ''per annum'' which is more than one third of Northern Ireland's annual fiscal budget. The size of the deficit has been seen by some commentators as a possible impediment to the potential reunification of Ireland. History Up until the Great Depression in the 1930s, Northern Ireland ran an annual surplus, and was a net contributor to the UK exchequer. It has run a deficit every year since 1966; that year the deficit was £52 million (£973 million in 2014 pounds). In absolute terms, the subsidy peaked in the 2009–10 fiscal year, when it stood at £11.5 billion in 2014 pounds. Subsidy Nine of the twelve UK statistical regions (the exceptions are London, South East England and East of England) carry a deficit. At nearly £5,000 per capita, Northern Ireland's is ...
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New Decade, New Approach
New Decade, New Approach (NDNA) is a 9 January 2020 agreement which restored the government of the Northern Ireland Executive after a three-year hiatus triggered by the Renewable Heat Incentive scandal. It was negotiated by Secretary of State for Northern Ireland Julian Smith and Irish Tánaiste Simon Coveney. On 11 January 2020, the Executive was re-formed with Arlene Foster as First Minister and Sinn Féin's Michelle O'Neill as deputy first minister following the New Decade, New Approach agreement. All five parties joined the government; other ministers include Edwin Poots (DUP); Robin Swann (UUP), Nichola Mallon (SDLP), Gordon Lyons (DUP), and Declan Kearney (SF). Alliance Party leader Naomi Long was appointed justice minister. At the first session of the assembly, Foster stated that it was "time for Stormont to move forward". As part of the agreement, many of the proposals sought by nationalists under an Irish Language Act would be implemented by amending existing laws rathe ...
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Esmond Birnie
John Esmond Birnie (born 6 January 1965) is an economist, author and former politician. He was an Ulster Unionist Party (UUP) Member of the Northern Ireland Assembly (MLA) for Belfast South (Assembly constituency), Belfast South from 1998 until 2007. Birnie was born in Edinburgh, Scotland. He attended Ballymena Primary School and later Ballymena Academy. He studied Economics at Gonville and Caius College, Cambridge before completing a PhD at Queen’s University Belfast. He was an unsuccessful Conservatives in Northern Ireland, Conservative Party candidate in the elections to Belfast City Council for Balmoral (District Electoral Area), Balmoral in the 1993 Northern Ireland local elections, 1993 Northern Ireland Local Election. In the 2005 Northern Ireland local elections, 2005 Northern Ireland Local Election, he stood again for Balmoral, this time for the Ulster Unionist Party, and failed to get elected by 0.95 votes on the final count. Birnie was also second on the Conservative ...
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Ulster Unionist
The Ulster Unionist Party (UUP) is a Unionism in Ireland, unionist political party in Northern Ireland. The party was founded in 1905, emerging from the Irish Unionist Alliance in Ulster. Under Edward Carson, it led unionist opposition to the Irish Home Rule movement. Following the partition of Ireland, it was the governing party of Northern Ireland between 1921 and 1972. It was supported by most unionist voters throughout the conflict known as the Troubles, during which time it was often referred to as the Official Unionist Party (OUP). Under David Trimble, the party helped negotiate the Good Friday Agreement of 1998, which ended the conflict. Trimble served as the first First Minister of Northern Ireland from 1998 to 2002. However, it was overtaken as the largest unionist party 2003 Northern Ireland Assembly election, in 2003 by the Democratic Unionist Party (DUP). As of 2022 it is the fourth-largest party in the Northern Ireland Assembly, after the DUP, Sinn Féin, and the Al ...
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The Economist
''The Economist'' is a British weekly newspaper printed in demitab format and published digitally. It focuses on current affairs, international business, politics, technology, and culture. Based in London, the newspaper is owned by The Economist Group, with its core editorial offices in the United States, as well as across major cities in continental Europe, Asia, and the Middle East. In 2019, its average global print circulation was over 909,476; this, combined with its digital presence, runs to over 1.6 million. Across its social media platforms, it reaches an audience of 35 million, as of 2016. The newspaper has a prominent focus on data journalism and interpretive analysis over original reporting, to both criticism and acclaim. Founded in 1843, ''The Economist'' was first circulated by Scottish economist James Wilson to muster support for abolishing the British Corn Laws (1815–1846), a system of import tariffs. Over time, the newspaper's coverage expanded further into ...
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David McWilliams (economist)
David McWilliams (born 1966) is an Irish economist, writer, and journalist. McWilliams initially worked as an economist with the Central Bank of Ireland, UBS bank and the Banque Nationale de Paris. Since 1999, he has been a broadcaster, writer, economic commentator and documentary-maker. He has written five books, '' The Pope's Children '', ''The Generation Game'', ''Follow the Money'', ''The Good Room'' and ''Renaissance Nation'', and written regular columns for the Irish Times and Irish Independent. McWilliams has a reputation for explaining economic ideas with memorable phrases or stock characters, most famously "breakfast roll man". Life and career Early and private life McWilliams was born in Dún Laoghaire in 1966 and was raised in Windsor Park, Monkstown, Dublin. His father, of Scottish descent, worked in a chemical and paint factory. His Cork-born mother was a teacher. He is married to Sian Smyth, a former corporate lawyer, who is from near Belfast. They live i ...
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The Irish News
''The Irish News'' is a Compact (newspaper), compact daily newspaper based in Belfast, Northern Ireland. It is Northern Ireland's largest selling morning newspaper and is available throughout Ireland. It is broadly Irish nationalist in its viewpoint, though it also features Unionism in Ireland, unionist columnists. History ''The Irish News'' is the only independently owned daily newspaper based in Northern Ireland, and has been so since its launch on 15 August 1891 as an anti-Charles Stewart Parnell, Parnell newspaper by Patrick MacAlister. It merged with the ''Belfast Morning News'' in August 1892, and the full title of the paper has since been ''The Irish News and Belfast Morning News''. T.P. Campbell was editor from 1895 until 1906 when he was succeeded by Tim McCarthy who served as editor until 1928. Appointed in 1999, Noel Doran is the current editor. ''The Irish News'' saw a dramatic growth in its circulation with the beginning of The Troubles in 1969; this peaked around ...
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Trinity College Dublin
, name_Latin = Collegium Sanctae et Individuae Trinitatis Reginae Elizabethae juxta Dublin , motto = ''Perpetuis futuris temporibus duraturam'' (Latin) , motto_lang = la , motto_English = It will last into endless future times , founder = Queen Elizabeth I , established = , named_for = Trinity, The Holy Trinity.The Trinity was the patron of The Dublin Guild Merchant, primary instigators of the foundation of the University, the arms of which guild are also similar to those of the College. , previous_names = , status = , architect = , architectural_style =Neoclassical architecture , colours = , gender = , sister_colleges = St. John's College, CambridgeOriel College, Oxford , freshman_dorm = , head_label = , head = , master = , vice_head_label = , vice_head = , warden ...
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John D
John is a common English name and surname: * John (given name) * John (surname) John may also refer to: New Testament Works * Gospel of John, a title often shortened to John * First Epistle of John, often shortened to 1 John * Second Epistle of John, often shortened to 2 John * Third Epistle of John, often shortened to 3 John People * John the Baptist (died c. AD 30), regarded as a prophet and the forerunner of Jesus Christ * John the Apostle (lived c. AD 30), one of the twelve apostles of Jesus * John the Evangelist, assigned author of the Fourth Gospel, once identified with the Apostle * John of Patmos, also known as John the Divine or John the Revelator, the author of the Book of Revelation, once identified with the Apostle * John the Presbyter, a figure either identified with or distinguished from the Apostle, the Evangelist and John of Patmos Other people with the given name Religious figures * John, father of Andrew the Apostle and Saint Peter * Pope Jo ...
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The Atlantic
''The Atlantic'' is an American magazine and multi-platform publisher. It features articles in the fields of politics, foreign affairs, business and the economy, culture and the arts, technology, and science. It was founded in 1857 in Boston, as ''The Atlantic Monthly'', a literary and cultural magazine that published leading writers' commentary on education, the abolition of slavery, and other major political issues of that time. Its founders included Francis H. Underwood and prominent writers Ralph Waldo Emerson, Oliver Wendell Holmes Sr., Henry Wadsworth Longfellow, Harriet Beecher Stowe, and John Greenleaf Whittier. James Russell Lowell was its first editor. In addition, ''The Atlantic Monthly Almanac'' was an annual almanac published for ''Atlantic Monthly'' readers during the 19th and 20th centuries. A change of name was not officially announced when the format first changed from a strict monthly (appearing 12 times a year) to a slightly lower frequency. It was a mo ...
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Reunification Of Ireland
United Ireland, also referred to as Irish reunification, is the proposition that all of Ireland should be a single sovereign state. At present, the island is divided politically; the sovereign Republic of Ireland has jurisdiction over the majority of Ireland, while Northern Ireland, which lies entirely within (but does not constitute the entirety of) the Irish province of Ulster, is part of the United Kingdom. Achieving a united Ireland is a central tenet of Irish nationalism, particularly of both mainstream and dissident Irish republican political and paramilitary organisations. Unionists support Northern Ireland remaining part of the United Kingdom, and therefore oppose Irish unification. Ireland has been partitioned since May 1921, when the implementation of the Government of Ireland Act 1920 created the state of Northern Ireland within the United Kingdom. The Anglo-Irish Treaty, which led to the establishment in December 1922 of a dominion called the Irish Free State, r ...
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Republic Of Ireland
Ireland ( ga, Éire ), also known as the Republic of Ireland (), is a country in north-western Europe consisting of 26 of the 32 counties of the island of Ireland. The capital and largest city is Dublin, on the eastern side of the island. Around 2.1 million of the country's population of 5.13 million people resides in the Greater Dublin Area. The sovereign state shares its only land border with Northern Ireland, which is part of the United Kingdom. It is otherwise surrounded by the Atlantic Ocean, with the Celtic Sea to the south, St George's Channel to the south-east, and the Irish Sea to the east. It is a unitary, parliamentary republic. The legislature, the , consists of a lower house, ; an upper house, ; and an elected President () who serves as the largely ceremonial head of state, but with some important powers and duties. The head of government is the (Prime Minister, literally 'Chief', a title not used in English), who is elected by the Dáil and appointed by ...
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