Colum Eastwood
Main Page: Colum Eastwood (Social Democratic & Labour Party - Foyle)Department Debates - View all Colum Eastwood's debates with the Cabinet Office
(2 years, 5 months ago)
Commons ChamberI can assure my hon. Friend that, as a former Minister of State for Trade Policy, I bring that worldview to my role as Minister of State in Northern Ireland. The short answer to his question is yes; I am delighted that we have now opened a new Department for International Trade hub in the heart of Belfast. I recently met the Economy Minister, Gordon Lyons at the Northern Ireland Showcase and we introduced him to the President of the Board of Trade before Christmas. We have put £8 million into Invest NI to help it to promote Northern Ireland abroad. Northern Ireland is an integral part of the United Kingdom’s offer to the world and will benefit fully from our international trade agreements.
While it is obviously important to bring investment into Northern Ireland, my constituents in Derry are struggling right now with soaring energy bills. A mile across the border, the Irish Government are cutting vehicle excise duty by up to 20% for petrol and diesel. This Government are very keen and very quick to raise national insurance contributions and to cut universal credit. Will they be quick to cut vehicle excise duty to save people from the soaring costs that are crippling home budgets?
On 3 February this year the Government announced that the Northern Ireland Executive will receive an additional £250 million to help them to support households with the cost of living. He mentions tax changes, but it would be imprudent of me as a junior Minister to comment ahead of the Chancellor’s making statements to the House.