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LAST UPDATE | 10 Jan 2020
SINN FÉIN LEADER Mary Lou McDonald has announced that the party has agreed to back a deal to restore power sharing at Stormont.
With the DUP having already signalled its support for a draft deal proposed by the UK and Irish governments, the republican party’s endorsement means the two parties will re-enter a mandatory coalition in Belfast following a three-year absence.
It comes after the five main parties in the North were presented with a proposal from Tánaiste Simon Coveney and Northern Ireland secretary Julian Smith that could form the basis for reestablishing the Northern Ireland Executive.
As well as the DUP, the SDLP has also said it will support the deal.
McDonald said: “The Sinn Fein Ard Chomhairle has met today and has taken the decision to re-enter the power sharing institutions and to nominate ministers to the power sharing executive.
“We believe that the changes which have been achieved in the negotiations over the last year build on what was agreed in February 2019.”
She said that the deal grants “official legal recognition of the Irish language for the first time” and said she wanted to commend activists who campaigned for it.
McDonald added they have reform of the petition of concern to try and “end its misuse as a veto by one political party”.
She added it was a “red letter day” for Irish identity, and that her party will continue to work for a United Ireland.
She said: “And we want to ensure that the criteria for ensuring the triggering of an Irish unity poll are set out, and that planning for Irish is stepped up, including the convening of a national forum to discuss and plan for the future.”
Flanked by party colleagues, she said: “Three years ago, Martin McGuinness set down a challenge to all of us, to get it right and to deliver for all, for every single citizen.
Speaking in Dublin this evening, Tánaiste Simon Coveney said that “history is being made today”.
“We now have confirmation from the two largest parties that they both are committed to re-entering an executive and establishing a functioning Stormont assembly again,” he said.
“I think it is time to recognise that something substantial, significant and positive is happening on our island,” Coveney added.
‘The people of Northern Ireland will have a government again,’ says Coveney. He hopes the other remaining parties will also come on board too pic.twitter.com/8WYsN8ldhf
— Christina Finn (@christinafinn8) January 10, 2020
The assembly will now sit at Stormont tomorrow.
DUP on board
This evening, DUP leader Arlene Foster conceded there will be parts of the deal that will be challenging for the people that she represents.
“But overall and on the whole I feel that it’s a fair and balanced deal and that’s why we were able to recommend it last night to our party officers and to the elected representatives,” she said.
“I think people will note that whilst there is a recognition of the facilitation of Irish language, there is also very much a recognition of those of us who are Ulster British and live here in Northern Ireland as well, and there is many mechanisms to strengthen the union.”
Foster said the Northern Ireland Assembly will sit tomorrow when a new Speaker and a new First Minister and Deputy First Minister will be appointed, as well as the other ministers of the Executive.
She also said work will be done to improve her party’s relationship with Sinn Fein following three years of suspension of the devolved institutions.
“It is important to recognise that we have had three years of no government here and that of course leads to us not having a relationship because we haven’t been meeting to do government here in this building so I think it is important that we do build up that relationship again, most of all for the people of Northern Ireland so we can build a better future for them and move Northern Ireland forward,” she said.
This evening, the SDLP in the North said that it is on board with the new deal.
On Twitter, SDLP leader Colum Eastwood said: “We have taken the decision as a party to go into government, to make sure this government is one that delivers for people across the North.”
He added: “We have an opportunity now to show that we can finally make this place work. We all need to do that. It’s about time we started delivering for people.”
The wide-ranging deal, which was published by the governments on Thursday night, contains compromise solutions to the vexed disputes at the heart of the 36-month power sharing impasse, such as legislative provisions for Irish language speakers.
It also includes what the UK government has insisted will be a major Treasury-funded financial package to tackle a host of acute problems facing a public sector that has been floundering amid the governance vacuum.
That includes a high-profile industrial dispute in the health service which today saw nurses again walk out on strike.
Under the terms of the deal, the new executive will also take action to reduce spiralling hospital waiting lists; extend mitigation payments for benefit claimants hit by welfare reforms; increase the number of police officers on the beat; and resolve an industrial dispute involving teachers.
With reporting from Sean Murray, Christina Finn
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Good product. Well done to them.
Brilliant good news story. Well done. Great to see you bringing the jobs back to dublin. Don’t be minding the begrudgers!
Ha. A unicorn that’s (last line) “trending aggressively to becoming a profitable company”!
@Adrian: only applies to the definition of its valuation not its profitability
@Adrian: Twitter has been around over 15 years and still hasn’t posted a profit. Profitability in Tech is not as important as in traditional businesses
@ForeverFeel1ng: You’re joking right? Twitter surviving for 15 years without making a profit hints that it’s being kept afloat for other reasons, just like loss making newspapers.
@ForeverFeel1ng: Said no investor ever. Twitter is being kept afloat like a newspaper making losses: it’s a great propaganda and political agitation tool.
Intercom, isn’t that a communication device used in shopping centres. A mic and a speaker. The simple things, eh! Wish I thought of it.
@Paddy O Sullivan: That’s a tannoy.
Very interesting and innovative business model!
Finally, a powerful, scalable, efficient, growth supporting, and cost effective management tool / business platform capable of capturing and pulling together all channels of communications between likely participators in the global marketplace seeking the particular product or service and the firm offering same.
Early days, but with 25,000 customers already contributing $50 mil in annual Revenues, outlook is excellent for Intercom. Tenfold increase in customer base is a distinct possibility, which would comfortably justify existing valuations mentioned. Clearly, with $241 m invested already, someone has lots of faith!
Congratulations to all concerned!
And btw what is it? A messaging service wow, probably a advanced data collection service. That’s were the money is, apparently. Well done Irish guys! You’ve sold your soul for a few bob.
@Paddy O Sullivan: Jesus you’re some begrudger. They’re making money and putting Ireland on the tech map globally. Selling their souls? Would you rather them be on the dole? They’re working.
@Paddy O Sullivan: Close…but no cigar. It is customer service software actually with plenty of uses. Instead of whinging about it familiarise yourself with the company and the software it provides
I’m a bit uncomfortable with these valuations on, thus far, unprofitable companies.
The FAANG companies are already responsible for a huge proportion of market valuations. I hope we’re not heading for another dotcom bubble.
I wouldn’t be investing in them, they are swelled with VC money, $50mil Revenue is peanuts and VC money will need to be paid back sometime. Their product is essentially a chatbox which is tiresome for website visitors and very expensive compared to free alternatives (Drift etc)
They will be bust in a couple of years, big valuation comes with a price… But hopefully they will make a lot of moneys for them self’s.
This is the type of homegrown success and entrepnurial spirit we need to foster.
have your say