Oral Answers to Questions

Gregory Campbell Excerpts
Wednesday 24th June 2015

(9 years, 5 months ago)

Commons Chamber
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Theresa Villiers Portrait Mrs Villiers
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I think it does have a negative impact on the reputation of Northern Ireland. Of course it is crucial that we are all promoting Northern Ireland around the world as a great place in which to invest, and part of that is about ensuring we can deliver political stability. That is yet another reason why the Stormont House agreement needs to go ahead.

Gregory Campbell Portrait Mr Gregory Campbell (East Londonderry) (DUP)
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Does the Secretary of State agree that the current political impasse as a result of two parties failing to implement the Stormont House agreement is costing us about 50,000 private sector jobs, as corporation tax reductions and investment in the likes of the Ballykelly camp in my constituency are being held up?

Theresa Villiers Portrait Mrs Villiers
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There are the direct consequences that we have talked about before in terms of public finances and the effectiveness of the Executive, but the huge jobs boost that could come with corporation tax devolution is not going to be delivered unless a sustainable budget is settled and welfare reform is implemented.