Following the General Election results and the mandate given to us by the people of Northern Ireland we have been in discussions with the Conservative and Unionist Party as to how we can support the minority Conservative Government in Parliament.
Today we have reached an agreement with the Conservative Party on support for the Government in Parliament.
This agreement will operate to deliver a stable government in the United Kingdom’s national interest at this vital time.
Throughout these discussions our guiding principle has been our commitment to acting in the national interest in accordance with our shared objectives for strengthening and enhancing our precious Union.
In concluding this wide-ranging agreement, we have done so on the basis of advancing the security of our nation, building prosperity for all and supporting an exit from the European Union that benefits all parts of the United Kingdom.
The details of our agreement and future working arrangements will be published in full.
As part of our policy agreement both parties have agreed that there will be no change to the Pensions Triple Lock and the universal nature of the Winter Fuel Payment across the United Kingdom.
We are agreed to meet the NATO commitment of spending 2 per cent of GDP on the armed forces and we are further committed to the Armed Forces Covenant and to its implementation throughout the United Kingdom.
Following our discussions, the Conservative Party has recognised the case for higher funding in Northern Ireland given our unique history and circumstances over recent decades. The UK
Government will publish, as an annex to our agreement, the details of financial support that will be made available to Northern Ireland.
Our aim in these negotiations has been to deliver for all the people of Northern Ireland.
And the support measures which we are announcing will be to the benefit of all of our people.
They will boost the economy and invest in new infrastructure, as well as investing in the future of our health and education sectors and a range of other measures.
We welcome this new financial support of £1 billion pounds in the next two years as well as providing new flexibilities on almost £500 million pounds previous committed to Northern Ireland. As a consequence, spending power of almost £1.5 billion will be available to address the unique circumstances of Northern Ireland and the effect these have had on its economy and its people.
In furtherance of our overall agreement the Government and the Democratic Unionist Party have established a co-ordination committee.
This agreement will remain in place for the length of the Parliament and after each Parliamentary session both parties will review the aims, principles, and implementation of the agreement.
I want to thank the Prime Minister and her negotiating team for the spirit in which these discussions have been conducted.
I particularly want to acknowledge and pay tribute to the two men standing with me today, Right Honourable Nigel Dodds MP, and Right Honourable Sir Jeffrey Donaldson MP for their efforts. I want to thank my party colleagues and our Parliamentary Party who will be to the fore in working these new arrangements.
We have reached an outcome that is good for the United Kingdom, good for Northern Ireland and allows our nation to move forward to tackle the challenges ahead.
This afternoon I will be returning to Northern Ireland to continue our discussions as we attempt to re-establish the Northern Ireland Executive.
Now more than ever political leaders, both locally and nationally, need to work together to find solutions for all the people we serve.
Funding Agreement for Northern Ireland
Please see the attachment for a breakdown of the funding agreement.
Benefits of Conservative – DUP Agreement
1. Secured Stable United Kingdom government with a majority in the House of
2. Continuing influence on vital issues such as Brexit through the coordinating committee between the Parties.
3. Ensured no change to triple lock for pensions and the universal winter fuel allowance across United Kingdom.
4. Confirmed UK funding on defence in line with the NATO commitments and support for the Reserve Forces in Northern Ireland.
5. Secured commitment to decentralise public sector jobs out of London around rest of United Kingdom
6. Secured funding for York Road Interchange – NI’s most economically important road scheme and other infrastructure projects (400m)
7. Secured funding (150m) to enable roll out of ultra fast broadband – making NI best in Europe and levering in matched funding of a further £150m from private sector (total 300m)
8. Secured funding to tackle hospital waiting lists and crisis in schools (100m)
9. Secured funding to reform health service (200m)
10. Secured funding to address mental health (100m)
11. Secured funding to tackle pockets of severe deprivation (50m)
12. Confirmed farm support at current levels till the end of the Parliament and made
agriculture a critical priority in Brexit negotiations
13. Secured commitment of full implementation of Armed forces covenant across United Kingdom.
14. Secured flexibility around remaining shared future spending (up to £500m)
15. Secured reports into impact of tourism VAT and APD
16. Secured commitment to work on city deals and enterprise zones for NI
17. Secured commitment to flexibly manage introduction of corporation tax
18. Secured Agreement to help NI attract Foreign direct investment through U.K.
Embassies across the world
19. Secured commitment for NI to benefit from UK shared prosperity fund
20. Continuing influence in Government and Brexit negotiations through Coordination Committee