Posted 12/11/2023, 8:01:00 PM
UK Offers £2.5 Billion Package to Restore Northern Ireland Power-Sharing
- UK ministers offered Northern Ireland a £2.5bn financial package to revive the Stormont executive
- Package includes new funding formula for public services and money to settle pay claims by workers
- Aims to pressure DUP to end boycott of power-sharing that has paralysed Stormont for 2 years
- DUP welcomed offer as a "first step" but ruled out immediate breakthrough in talks
- Other parties said package insufficient but could lobby for more improvements if Stormont restored