Northern Ireland leaders push for additional UK funding to approve 2026/27 budget

Stormont ministers have warned that the 2026/27 budget cannot be approved without further financial support from the UK government, as existing rules cap departmental spending at 95% of the previous year’s budget. Negotiations with the Treasury continue after the British government increased its offer to £1.5 billion, a sum the Executive says does not meet its needs. In a recent Assembly session, Michelle O'Neill pledged to pursue the matter to its conclusion, emphasizing that the four parties in the Executive are united in seeking a fair deal.

She highlighted that Scotland and Wales have secured more favorable settlements and argued that Northern Ireland deserves a comparable increase, potentially adding £3 billion to public services. O'Neill stressed that adequate funding is essential for investments in health, education, childcare, and reducing waiting lists. The Executive remains committed to securing the resources required to deliver these priorities.