If the parties have not found a resolution by 12 August, the British Government will have to either suspend the assembly or call an assembly election.

BBC: Sinn Fein considers peace package

At the end of that period, if there has been no deal, the British Government will have to either suspend the assembly - even if only for a short period to give more room for manoeuvre - or call an assembly election.

BBC: PMs finalise peace plan

"We've just completed what we call the G2 building, an assembly building where we can assemble the very high trucks like cranes, " he said.

BBC: Truck maker plans to axe 88 jobs

However, the chair of an assembly committee said the industry's call for film sets to be exempt from the smoking ban was "fundamentally morally repugnant".

BBC: Wales smoking ban forced Casualty story change says

Meanwhile, the Assembly Finance Committee, following a recommendation from the Consumer Council, is to call for an inquiry into the high cost of insurance in Northern Ireland.

BBC: Quinn reps warn 'recovery will not save all jobs'