Published: 16th Jan 2018

It was heartening to learn last week that £330m is to be liberated from dormant bank accounts in Great Britain and redistributed to organisations tackling social injustice throughout the country. Cash windfalls are hard to come by these days and those working to combat homelessness or poverty are most welcome to this one. However, it will have left a bitter taste in the mouths of Northern Ireland residents to learn that they will not experience the benefits of the dormant bank and building society accounts act due to the absence of a funding mechanism. The Department for Digital, Culture, Media & Sport confirmed that £10m has already been made available to Northern Ireland, with a further £9.2m obtainable over the next two years; however, the inability of the political parties in Northern Ireland to form an executive government will prevent any of that money being distributed. This comes after Richard … (To read the full article, subscribe below)