(Copied from the FT most recommended comments from a Bombardier article this AM)
'The Tories shafted the DUP last night right and proper.
The DUP’s signature policy of feeding its loyal-ist supporters with vast amounts of govt cash in the Renewable Heat Initiative scheme has been cancelled.
Suddenly. Without warning. After Arlene Foster’s signed personal guarantee in this ridiculously clear letter https://mobile.twitter.com/sjamcbride/status/1100477798580473856
had led to banks loaning hundreds if not thousands of churches, businesses and farms in NI, peopled by the DUP’s most fervent supporters, hundreds of thousands of pounds to participate in the botched scheme. Banks already calling in these loans. DUP powerless to help, having exhausted all their Westminster political capital on keeping up with their ERG mates. Ian Paisley junior promisesto “come out fighting” (https://m.belfasttelegraph.co.uk/news/northern-ireland/does-dup-back-paisley-rhi-stance-it-wont-answer-that-but-breaks-silence-on-tariff-cuts-37880874.html). No ammo left.
The personal, community and family tragedies provoked by this decision are enormous.
If the DUP hadn’t been refusing to share devolved govt in NI, then Westminster would never have had the power to cancel suddenly payments under the scheme.
Westminster has blamed the EU for its decision to stop payments. Yet, the rest of the EU including Ireland is just about to introduce a similar scheme with higher payments. So it’s abundantly clear to everyone watching carefully that this is an exquisitely direct, accurate and nuclear attack on the DUP by those in the Tory party it has been tormenting with its NI Backstop waffle and its disloyalty.
Delicious moment (except for the collateral damage of wrecking thousands of lives in farms, businesses and churches across NI of those who trusted Arlene Foster’s written guarantee that payments would never go down: “...This is Arlene Foster's letter to banks in Jan 2013, giving her personal cast iron RHI funding guarantee: "grandfathered" (a legal term meaning tariffs can't be altered); "certainty"; "guaranteed"; "regardless of reviews"; "reliable"; "long-term". This is what claimants were told...”)