Gregory Campbell
Main Page: Gregory Campbell (Democratic Unionist Party - East Londonderry)Department Debates - View all Gregory Campbell's debates with the Northern Ireland Office
(8 years, 10 months ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
Mrs Villiers
I think it does have a negative impact on the reputation of Northern Ireland. Of course it is crucial that we are all promoting Northern Ireland around the world as a great place in which to invest, and part of that is about ensuring we can deliver political stability. That is yet another reason why the Stormont House agreement needs to go ahead.
Mr Gregory Campbell (East Londonderry) (DUP)
Does the Secretary of State agree that the current political impasse as a result of two parties failing to implement the Stormont House agreement is costing us about 50,000 private sector jobs, as corporation tax reductions and investment in the likes of the Ballykelly camp in my constituency are being held up?
Mrs Villiers
There are the direct consequences that we have talked about before in terms of public finances and the effectiveness of the Executive, but the huge jobs boost that could come with corporation tax devolution is not going to be delivered unless a sustainable budget is settled and welfare reform is implemented.