Belfast Telegraph

Corporation tax warning to Executive

By Staff Reporter

Secretary of State James Brokenshire last night warned that the devolution of corporation tax to Northern Ireland will not happen unless a stable Executive with 'sustainable finances' is formed after the forthcoming election in March.

Speaking to the Institute of Directors' Annual Diner in Belfast, Mr Brokenshire said: "It's a measure that can bring significant new investment, jobs and prosperity to Northern Ireland, you've campaigned for it and I want to deliver it.

"The legislation is on the statute book but it can only be triggered if we have a stable, functioning devolved Executive with sustainable finances.

"So the power to bring about this change rests locally - and I hope that message will be heard over the coming weeks."

He also stressed his commitment to devolution after the election, saying: "I for one am not contemplating any other outcome but a resumption of devolved, partnership government."

Belfast Telegraph

Popular

From Belfast Telegraph