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The Westminster government is to give the NI Executive an extra £1bn to support the Stormont deal. A further £1bn will be added to Stormont's budget as an automatic result of spending plans for the entire UK. The government said there will be "a rapid injection of £550m to put the executive's finances on a sustainable footing". That will include £200m to resolve the nurses' pay dispute. The government said the financial package will "be accompanied by stringent conditions" contained within the Stormont deal, around "accountability for public spending" and the development of "sustainable public services". It added that the the deal includes strict financial conditions, such as the establishment of an independent fiscal council. Full story

16 January