Oral Answers to Questions

Debate between Amanda Milling and Chloe Smith

Wednesday 15th November 2017 Commons Chamber

[Robert Courts (Witney) (Con)]

3. What steps the Government are taking to attract foreign direct investment into Northern Ireland.

[The Parliamentary Under-Secretary of State for Northern Ireland (Chloe Smith)]

The economy in Northern Ireland continues to grow, with 42,000 more people in work now than in 2010, and with inward investment playing an important part in that success. As we develop our new trade relationships and expand our global trade networks, we will continue to promote Northern Ireland as a place to invest and do business.

[Amanda Milling]

I thank my hon. Friend for her reply. Will she confirm that the Government remain committed to devolving corporation tax powers to the Executive in order to help Northern Ireland to better compete with Ireland for investment and jobs, but if that is to happen, we need a fully functioning Executive with sustainable finances?

[Chloe Smith]

My hon. Friend is absolutely right. Our imperative is to see a restored and fully functioning Executive so that they can take such steps to support the economy, along with the many other important things on their to-do list.