(7 years, 5 months ago)
Commons Chamber7. What recent progress has been made on developing Northern Ireland's economy.
The fundamentals of the Northern Ireland economy are strong, with growth last year at 1.6%. Unemployment has fallen and employment has risen, but there is much more we must do.
I welcome the additional investment in Northern Ireland’s economy, to address structural weaknesses. May I urge the Government to reinforce their efforts to secure private sector and foreign direct investment?
I assure my hon. Friend that we will continue to do that, using our relationships across the globe. It is clear that, despite the progress made in recent years, special circumstances still apply to Northern Ireland. We want a strong economy for all communities there.
(7 years, 9 months ago)
Commons ChamberInequality has gone down under this Government. The Budget shows that the top 1% of earners will actually contribute 27% in terms of the income that they are providing.
Let me address the issue of schools. The problem with what the right hon. Gentleman says is that the Labour party has opposed, and continues to oppose, every single education policy brought forward by this Government, delivering more good school places for children. The Labour party’s approach is that parents shall take what they are given, good or bad. We believe in listening to parents.
Let us look ahead to what the right hon. Gentleman’s policies would produce for this country: half a trillion pounds of borrowing—£500 billion more borrowing under the Labour party—more taxes, more spending and more borrowing. It would be a bankrupt Britain that would not give money for public services or help ordinary working families. It is the Conservative party that is helping ordinary working families. It is the Labour party that is failing to address the needs of the people of this country. We are delivering. He is just sitting there or going on protest marches.
I thank my hon. Friend, because he has raised an important point. One of the issues we have addressed in the Budget is putting more money into skills training—into further education and technical education—for young people. I think that one of the most important things we can do is equip young people for their futures, and for the jobs of the future, so that they can get on in life. We are investing an extra half a billion pounds a year, as I said earlier, in England’s technical education system to do this.
My hon. Friend referred to the issue of a minimum funding level. My right hon. Friend the Education Secretary confirmed last month that the Department for Education has heard representations on this issue. It is considering these issues, but the funding formula is a complex issue that has needed addressing for some time, and we will be looking at it carefully.
(7 years, 11 months ago)
Commons ChamberI have already indicated to the House the dialogue and discussion we have had with the Irish Government, the work that we will continue and the discussions that we continue to have. I stress, as I said in my statement, that this Government remain committed to the Belfast agreement and its successors—and all of what that means. Therefore, we will play our part to support the parties, discussion and dialogue, so that we move to that stable devolved government position that underpins so much of the positive work that we see in Northern Ireland. We wish to return to that period of stability which is what everybody would wish to see.
Foreign direct investment in Northern Ireland has been a great success in recent years, so will my right hon. Friend reassure me that he and his office will do all they can to maintain that positive momentum during this period of political instability?
Absolutely. I can give that assurance to my hon. Friend, because Northern Ireland has seen so much success in terms of foreign direct investment; I believe it is the region with the greatest foreign direct investment outside the City of London, which underlines the huge potential that I see and the huge ability for Northern Ireland to continue to flourish and do so much more. We absolutely will continue to underline that message.