May strikes £1b deal for support from Northern Ireland party
London
PRIME Minister Theresa May struck a deal on Monday to prop up her minority government by agreeing to put in at least £1 billion (S$1.76 billion) in extra funding for Northern Ireland in return for the support of the province's biggest Protestant party.
After more than two weeks of talks amid political turmoil sparked by Mrs May's failure to win a majority in a June 8 snap election, she can now be sure her government can pass a budget and Brexit legislation.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Vietnam tycoon appeals against US$27 billion fraud death sentence
US announces new restrictions on firearm exports
Central banks will probably only cut half as much as they hiked
US consumer sentiment falls as inflation expectations climb
HSBC wins £1.3 billion suit over Disney film finance scandal
WTO countries to reboot dispute reform negotiations