Sammy Wilson
Main Page: Sammy Wilson (Democratic Unionist Party - East Antrim)Department Debates - View all Sammy Wilson's debates with the Northern Ireland Office
(11 years, 8 months ago)
Commons ChamberThe Government are fully committed to their welfare reform programme. We believe that welfare reform is essential to ensure that work always pays. We believe that it is deeply irresponsible for Her Majesty’s Opposition to continue to oppose all the reforms of welfare, which are designed to get the welfare bill down. That spiralled under their tenure of the economy.
Like many other peripheral regions of the United Kingdom, Northern Ireland has suffered most during this recession. We understand that reckless expenditure will damage the economy, but would the Secretary of State support the calls by all the regional administrations in the United Kingdom for a fiscal stimulus for capital expenditure, which will create short-term jobs and increase the economy’s capacity in the long run?
As Finance Minister for the Northern Ireland Executive, the hon. Gentleman has options available to him within the block grant, which he receives under the Barnett arrangements; his grant remains considerably higher than the UK average. We are happy to continue to work with him and his colleagues in the Executive to generate inward investment for Northern Ireland and to ensure that our macro-economic policy, for example, on reducing corporation tax, is delivering the maximum benefits possible to rebalance the Northern Ireland economy.