David Simpson
Main Page: David Simpson (Democratic Unionist Party - Upper Bann)Department Debates - View all David Simpson's debates with the Scotland Office
(11 years, 8 months ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
The Prime Minister
My hon. Friend makes a very important point, and there is a huge amount of things we can do here. The work we have done with some less developed countries has actually seen their tax base sometimes as much as treble, and we need to do far more in all these countries because it is an absolutely vital part of development. I also agree with the issue he raises with respect to tax transparency, and that is why the Government are putting it at the head of our G8 agenda for the meeting that will take place in June at Lough Erne in Northern Ireland. One of the great things about this agenda is that it brings together developed and developing countries with a shared agenda that is good for both.
David Simpson (Upper Bann) (DUP)
Q8. The Prime Minister gave the House an update on the EU negotiations on the budget, and he will know that regional aid, which comes from the EU, plays an important role for some of the regional assemblies when it comes to attracting inward investment. Will he update the House on the continuation of regional aid?
The Prime Minister
The outcome of the budget leaves the amount of overall regional aid that Britain will receive broadly similar to the last period at around €11 billion. There are changes in the definitions of regions, partly because of the new concept of transition regions. What we now need to do is to sit down, as the United Kingdom, and work out how best to make sure that the money is fairly divided between Wales, Northern Ireland, Scotland and England. There are transition regions in England that are looking to benefit, but I am sure that we can have fruitful discussions and come to a good conclusion.