Written Statement - Second Supplementary Budget 2010-11

At 3.00pm today, I published the Assembly Government’s second Supplementary Budget for 2010-11.

This Supplementary Budget is mainly administrative in nature and reflects reprioritisations within portfolios and a number of transfers between portfolios.  Importantly, it implements our decision to take all of the in-year revenue reductions imposed on us by the UK Government in their June 2010 Budget in this financial year.  It also provides for additional allocations from our reserves.