Oral Answers to Questions Debate

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Department: Northern Ireland Office

Oral Answers to Questions

Stephen Pound Excerpts
Wednesday 16th October 2013

(10 years, 6 months ago)

Commons Chamber
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Theresa Villiers Portrait Mrs Villiers
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The hon. Gentleman makes a valid point. The investment conference that the Prime Minister attended last week was incredibly successful. There was huge interest from current investors in expanding, and from new investors in setting up business, in Northern Ireland, which is a great place to do business. Several investors at the Belfast conference were interested in the whole of Northern Ireland, and we will do our best to ensure that the benefits are spread throughout Northern Ireland, as we did in bringing the G8 to County Fermanagh.

Stephen Pound Portrait Stephen Pound (Ealing North) (Lab)
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May I say to the Secretary of State, as one survivor to another, that I agree with her analysis of last week’s investment conference, which provided an excellent opportunity to showcase Northern Ireland’s potential? But all is not sunny optimism in the land. What steps does she plan to take to support the small businesses in Northern Ireland that are struggling to get credit?

Theresa Villiers Portrait Mrs Villiers
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We have introduced an allowance for employer’s national insurance, which will make it cheaper to employ people and create jobs; we are keeping interest rates low through our deficit reduction programme; we are freezing fuel duty; and we are cutting corporation tax to boost business. We are determined to make Northern Ireland a fabulous place to do business in, and to help small businesses.