Oral Answers to Questions Debate

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Department: Cabinet Office

Oral Answers to Questions

Gregory Campbell Excerpts
Wednesday 10th December 2014

(9 years, 4 months ago)

Commons Chamber
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Andrew Murrison Portrait Dr Murrison
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No, I cannot, because the EU Azores rules mean that it has to be taken into account.

Gregory Campbell Portrait Mr Gregory Campbell (East Londonderry) (DUP)
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Whenever the Minister is speaking with his right hon. Friends the Secretary of State and the Prime Minister, will he ensure that ongoing talks consider the possibility of additional resources, so that the skilled work force in Northern Ireland can become a pool of employees for inward investors who take advantage of corporation tax?

Andrew Murrison Portrait Dr Murrison
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The hon. Gentleman will be familiar with the economic pact published about 18 months ago and updated during the summer, which gave significant new powers to promote the economy, in particular to grow jobs, and there was a significant amount of lending as a result. It has been successful. The groundwork has been laid and we have seen, in the figures I have quoted today, that it is having some level of success. Corporation tax will take that to the next level.