Belfast Telegraph

Living standards 'will fall' unless action taken

"There is a pressing need to create job opportunities particularly for our young. Our economy remains overly dependent on the public sector and there is a very high level of reliance on benefits."

"Over the last decade our economy has become increasingly dependent on fiscal transfers from the rest of the UK, currently estimated at over £10bn. Without a radical policy change the evidence suggests Northern Ireland's living standards will further decline over the next decade" - CBI Northern Ireland Chairman, Ian Coulter, explains why reducing corporation tax here is essential to boosting the economy.