Ian Paisley
Main Page: Ian Paisley (Democratic Unionist Party - North Antrim)Department Debates - View all Ian Paisley's debates with the Cabinet Office
(9 years, 5 months ago)
Commons ChamberThe hon. Gentleman will, I hope, have seen the Institute for Fiscal Studies incomes report published earlier this month. It marked a major milestone, for it is now clear that average incomes in Northern Ireland are back from the pit they were in prior to Labour’s deficit crisis. The IFS further forecasts that incomes will rise above inflation in the year ahead, and I hope the hon. Gentleman will welcome that.
Does the Minister recognise that the Democratic Unionist party’s long-term economic plan to see household taxes at their lowest and a freeze on the regional rate on household taxes for five years is working? However, this Government could have a direct impact by reducing energy costs for employers and consumers alike, and they should address that immediately.
The hon. Gentleman makes his points in his characteristically formidable fashion, and I am sure he will welcome the freeze on fuel duty, which will mean that by the end of this Parliament a tank of petrol will cost £10 less. He will also welcome inward investment to Northern Ireland, which I know he feels very strongly about given what has happened in his constituency, with, for example, Kainos, Randox, WhiteHat, Revel and PricewaterhouseCoopers. They will be creating 800 jobs in Northern Ireland—high-quality jobs—in the year ahead.