Baroness Ritchie of Downpatrick
Main Page: Baroness Ritchie of Downpatrick (Labour - Life peer)Department Debates - View all Baroness Ritchie of Downpatrick's debates with the Northern Ireland Office
(8 years, 3 months ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
Mr Wallace
The best thing we can do is to celebrate the fact that, under the recent spending review, the Chancellor put in place measures to see a 12% rise in real-terms funding for capital projects by 2021. That will mean over £600 million more will be available than if we had frozen funding at 2015-16 levels. That is good news for Northern Ireland infrastructure. Hopefully, it will mean the A5 and the A6 will start to progress and we can open up Northern Ireland for more foreign investment.
Ms Margaret Ritchie (South Down) (SDLP)
9. Does the Minister agree with the CBI and the trade union movement that the UK’s exit from the European Union would be damaging to economic development in Northern Ireland? Will he encourage his colleague the Secretary of State to argue for a yes vote?
Mr Wallace
There is a temptation in front of me. What I would say is that to date membership of the European Union has been good for Northern Ireland. I support the Prime Minister’s efforts to achieve reform. A reformed EU is where the United Kingdom wants to be: an EU that works for the benefit of everyone in the United Kingdom. If we can achieve that, we can take advantage of being neighbours of Ireland, one of Northern Ireland’s biggest economic partners, to make sure that the economy goes from strength to strength.