Ulster Unionists warn our children do not need more debt

In an update on the Talks, Ulster Unionist Leader, Mike Nesbitt MLA, said:

“It appears clear that the Talks arena is no longer Stormont House, and to an extent the Secretary of State is a spectator to the real talks, involving the DUP, Sinn Féin and the Irish Government.

“We note the key meetings this week have involved Taoiseach Enda Kenny TD with the Prime Minister in London and then in Belfast with the First Minister and deputy First Minister at the Irish Residence in south Belfast.

“Be in no doubt. Peter Robinson and Martin McGuinness will soon appear with a piece of paper in their hands, promising peace and prosperity in our time. That bit of paper will need to be checked very carefully, particularly the finances.

“Our children and grandchildren are already doomed to carry a huge burden of debt, born out of the mismanagement at the heart of OFMdFM since 2007. We fear the rumours are true of anything from £500m to £800m of additional borrowing.

“We will not support a plan to further mortgage our children's future. Already, each and every one of us has over £1,000 of debt against our names, compared to £400 per capita in Scotland. That tells you all you need to know about the relative effectiveness of the devolved government coming out of Stormont Castle.

“The deal being hatched by the DUP and Sinn Féin must not sacrifice our children’s tomorrow for today’s mismanagement. That would not be a fairer deal.”

News Archives