Alasdair McDonnell
Main Page: Alasdair McDonnell (Social Democratic & Labour Party - Belfast South)Department Debates - View all Alasdair McDonnell's debates with the Northern Ireland Office
(9 years, 3 months ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
Mrs Villiers
I agree with my hon. Friend. That change has great potential to transform the Northern Ireland economy, which is already starting to recover. Since the election, employment is up by 31,000, private sector employment is up by 51,000 and unemployment is down 6,000, and the claimant count in Northern Ireland has gone down for 24 consecutive months.
Dr Alasdair McDonnell (Belfast South) (SDLP)
The Secretary of State will be aware that strengthening the economy and increasing investment require multiple factors, not just the reduction of corporation tax. Does she appreciate how critical regional connectivity is, particularly the air links between Belfast and London and Dublin and London that go into Heathrow? Will the Heathrow slots be protected if International Airlines Group takes over Aer Lingus?
Mrs Villiers
It is not for me to speak for IAG, but it is vital that Heathrow maintains its links with Belfast and Dublin. I agree that a corporation tax reduction on its own is not enough for economic recovery; it is crucial that economic reform and investment in infrastructure accompany that change.