UK tells Northern Ireland parties £1.5bn budget offer is final

The UK Government has told Northern Ireland party leaders its £1.5 billion budget offer is final, with no further Treasury funding available, according to Northern Ireland Secretary Chris Bryant. The offer, made in writing on September 10, includes £450 million resource funding in 2026/27, then £400 million annually for two years, plus £50 million yearly for transformation and £50 million capital for social housing. Stormont departments lack a budget for 2026/27. Bryant spoke to leaders on Thursday and expects an outline response next week. The offer includes conditions, with Stormont reform discussed separately.