'This is the final offer,' says NI secretary over £1.5bn Stormont funding package
Northern Ireland Secretary Chris Bryant has declared the UK government's £1.5 billion funding package for Stormont as his final offer, giving executive parties until next Thursday to respond. He warned that if no agreement is reached, he may be forced to consider legislating a budget at Westminster, although he prefers to work cooperatively with local politicians. Executive parties have rejected the proposal, arguing that it falls significantly short of the £1.6 billion in financial pressures they face and that Northern Ireland receives less funding than other UK nations.
- ▪Sir Chris Bryant stated that the £1.5 billion package is the final offer and that there is no more money available due to tight UK public finances.
- ▪Executive parties have until noon next Thursday to agree on a budget plan for the current year and the following two years.
- ▪The government's offer includes £450 million for immediate pressures this year and an additional £400 million spread across 2027/28 and 2028/29.
- ▪Finance Minister John O'Dowd noted that current financial pressures are around £1.6 billion, indicating a gap remains in the proposed funding.
- ▪Sinn Féin criticized the offer as insufficient, claiming Northern Ireland receives less funding than Wales and Scotland.
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| Publication time | Thu, 24 Sep 2026 17:55:58 GMT |
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'This is the final offer,' says NI secretary over £1.5bn Stormont funding packageImage source, ReutersImage caption, Northern Ireland Secretary Chris Bryant, pictured in early SeptemberByJayne McCormackPolitical correspondent, BBC News NIPublished24 September 2026, 16:03 BSTUpdated 2 minutes agoThe Northern Ireland Secretary of State has said the government's £1.5bn financial package for Stormont is his "final offer" and has given executive parties until next Thursday to respond.Sir Chris Bryant said there was "no more money" available and that the Northern Ireland Executive needed to agree a budget.
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