Sammy Wilson
Main Page: Sammy Wilson (Democratic Unionist Party - East Antrim)Department Debates - View all Sammy Wilson's debates with the HM Treasury
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Sammy Wilson (East Antrim) (DUP)
What discussions has the Chancellor had with the Northern Ireland Executive to ensure that the national wealth fund is used to promote economic growth in Northern Ireland? Does she not agree that the big impediment to growth is the fact that she is taxing businesses to death?
Rachel Reeves
The Office for Budget Responsibility has revised growth upwards from next year, and expects the economy to be bigger at the end of the forecast period than it thought at the time of the Budget last year. We are using the national wealth fund, the British Business Bank and UK Export Finance to support businesses throughout the UK, and we were recently able to announce significant investment at Thales in Belfast to create jobs in the defence industry there for the export of goods to Ukraine.