Oral Answers to Questions

Michelle Donelan Excerpts

Wednesday 20th June 2018 Commons Chamber

[Michelle Donelan (Chippenham) (Con)]

14. What recent assessment she has made of the strength of the Northern Ireland economy.

[The Secretary of State for Northern Ireland (Karen Bradley)]

This Government are delivering a fundamentally strong economy for Northern Ireland, with unemployment down to 3.3% from over 7% in 2010. Nearly 19,000 new jobs have been created over the last year, the highest number on record, meaning that more people have the security of a regular pay packet for themselves and their families.

[Karen Bradley]

My hon. Friend makes a very important point about the opportunities for United Kingdom manufacturers—those in her constituency of Redditch and those based in Northern Ireland. The Trade Bill will enable the UK to continue with existing trading arrangements, and that will provide certainty, continuity and reassurance for businesses such as Trimite.

[Michelle Donelan]

Companies such as Siemens in my constituency show an interest in and have an important stake in Northern Ireland. Has my right hon. Friend made any recent assessments of the economic impact of their remaining in the UK?

[Karen Bradley]

Northern Ireland benefits substantially from being part of the world’s fifth largest economy, with access to an internal UK market of about 65 million people—the most significant market for Northern Ireland businesses, worth £14.6 billion in sales and supporting thousands of jobs. This Government have built a strong economy that can invest in services such as the NHS and deliver public spending. On Monday, I visited Omagh to see the Strule shared education campus, which is benefiting from £140 million of funding from this Government.