Stormont finance minister warns of more cuts in the North

A £160m hit to Stormont’s budget next year will be dwarfed by a further £1.3bn worth of cuts looming on the horizon, the Northern Assembly has been warned.

Painting a stark picture of the state of Northern Ireland’s public finances for the rest of the decade, Finance Minister Simon Hamilton said the reductions proposed for 2015/16 are actually less than those estimated for the three following years.