Would a United Ireland be affordable?
Given recent polling that suggests that a border poll on the question of Northern Ireland joining a unified Irish state could be a close contest, there has been a renewed focus on the question of whether a unified Irish state would be affordable. There is a gap of roughly £10bn between tax revenues and public expenditure in Northern Ireland, an effective subsidy from Great Britain to Northern Ireland that is often referred to as the “subvention” or the “block grant”. …