DUP’s Foster: UK Govt and DUP have formed a coordination committee

Arlene Foster, the leader of the Democratic Unionist Party (DUP), is out on the wires now, via Reuters, making a statement, following the announcement that the UK PM May strikes a deal with the DUP to form a minority government.

May agreed to a controversial GBP 1bn extra for Northern Ireland in exchange for DUP's support.

Key Headlines:

DUP welcomes the additional GBP 1bln for Northern Ireland

Monies paid over next 2 years

Will be no change to pensions triple lock

UK Govt will publish new financial support for Northern Ireland

UK Govt and DUP have formed a coordination committee

Will continue discussions on power sharing

Both agreed to meet NATO spending target

Guiding principle is acting in national interest