Northern Ireland: Corporation Tax Debate

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Department: HM Treasury

Northern Ireland: Corporation Tax

Lord Richard Excerpts
Monday 18th March 2013

(11 years, 2 months ago)

Lords Chamber
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Lord Newby Portrait Lord Newby
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My Lords, a number of measures were announced in the Autumn Statement aimed at rebalancing, or rather promoting, the Northern Ireland economy, including another £132 million of capital expenditure, science and technology funding for the research partnership at Queen’s University and the slightly earlier decision to give the Northern Ireland Assembly decision-making powers over air passenger duty on long-haul flights.

Lord Richard Portrait Lord Richard
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My Lords, as I understand it, the noble Lord, Lord Wigley, was asking the noble Lord to confirm that if this happens in Northern Ireland, the Government accept that it would happen in Wales, too. Can he confirm that?

Lord Newby Portrait Lord Newby
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My Lords, that is something that we will confirm once we have a final decision in Northern Ireland.