Negotiations to reach a power-sharing deal in Northern Ireland have not taken place after they were cancelled last minute, one of the parties has claimed.

The parties have less than a fortnight left to reach a deal by 27 March, in order to save Stormont and prevent direct rule being imposed from London.

Key players were due to engage in round-table talks, including the local parties as well as representatives of both the British and Irish governments. However, leader of the Social Democratic and Labour Party, Colum Eastwood MLA, says the talks were cancelled at the last minute.

He told the Belfast Telegraph that the collapse of talks was “unfortunate” and called for an independent chairperson to facilitate future talks, adding: “There should have been somebody here to chair all of this”.

Power-sharing collapsed in January after Sinn Féin walked away from the Stormont executive. The party criticised their coalition counterparts, the Democratic Unionist Party, whose leader Arlene Foster is accused of badly mishandling a public scheme which has cost taxpayers £480 million.

Fresh elections were called for 2 March in a bid to elect a new government willing to return to power-sharing. However, Sinn Féin saw a surge of support in the polls and were returned just one seat short of the DUP’s majority. Now stronger than ever, concerns have been raised that Sinn Féin may continue to refuse to return to the executive, seeing the election as a vote of support in their decision to refuse to power-share previously.

Loughs, Brexit and fishermen in Northern Ireland Show all 14 1 /14 Loughs, Brexit and fishermen in Northern Ireland Loughs, Brexit and fishermen in Northern Ireland Enda Craig, a member of the Loughs Agency Advisory Forum, holds a map of Lough Foyle in Moville, Ireland Reuters Loughs, Brexit and fishermen in Northern Ireland Oyster farmer William Lynch puts on his wellington boots on his oyster farm on Lough Foyle in Culmore, Northern Ireland Reuters Loughs, Brexit and fishermen in Northern Ireland Women walk along the shores of Carlingford Lough with Northern Ireland seen across the lough in Carlingford Reuters Loughs, Brexit and fishermen in Northern Ireland A poster hanging on a wall of a house reads: "No to the ferry", referring to a proposed new car ferry that would run from Northern Ireland to the Republic of Ireland through Carlingford Lough in Greencastle Reuters Loughs, Brexit and fishermen in Northern Ireland Skipper Shay Fitzpatrick (L) and boat owner Brian Cunningham navigate out of Warrenpoint harbour into Carlingford Lough in Warrenpoint, Northern Ireland Reuters Loughs, Brexit and fishermen in Northern Ireland A woman with flowers walks past an old fuel station in Carlingford, Ireland Reuters Loughs, Brexit and fishermen in Northern Ireland A boat is seen at sunset on Carlingford Lough in Greenore, Ireland Reuters Loughs, Brexit and fishermen in Northern Ireland A mandries off after swimming in Carlingford Lough in Omeath, Ireland Reuters Loughs, Brexit and fishermen in Northern Ireland A derelict house is seen on the shore of Carlingford Lough in Omeath, Ireland Reuters Loughs, Brexit and fishermen in Northern Ireland Skipper Shay Fitzpatrick dredges mussels from Carlingford Lough in Warrenpoint, Northern Ireland Reuters Loughs, Brexit and fishermen in Northern Ireland Bagged-up farmed oysters at a cleaning facility to get them ready for overseas shipping in Moville, Ireland Reuters Loughs, Brexit and fishermen in Northern Ireland A man walks his dog in matching hi-vis outfits on Carlingford Lough in Greenore, Ireland Reuters Loughs, Brexit and fishermen in Northern Ireland Carlingford Lough and in the distance Northern Ireland are seen at sunset from Omeath, Ireland Reuters Loughs, Brexit and fishermen in Northern Ireland A sign that reads: 'In 1721 nothing happened here' is seen on the shores of Carlingford Lough in Carlingford, Ireland Reuters

In addition, DUP leader and former First Minister Arlene Foster continues to refuse to step aside while an independent inquiry can be carried out into allegations surrounding her involvement in the scheme. Sinn Fein has demanded she step down, accusing her and the party of “arrogance”. However, the DUP has insisted Ms Foster has done nothing wrong and say Sinn Fein are merely trying to capitalise on unionist weakness in order to score points and undermine their cause.

The parties have less than two weeks to reach a decision and announce if they will be nominating a First Minister and Deputy First Minister. Under power-sharing rules, both nationalist and unionist politicians must share power at all times in order to Stormont to stand.

Failure to agree to a return of the institutions would see Northern Ireland ruled directly from London for the first time in a decade.