Northern Ireland: Political Situation

Part of Oral Answers to Questions — Justice – in the House of Commons at 12:43 pm on 8th September 2015.

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Photo of Theresa Villiers Theresa Villiers The Secretary of State for Northern Ireland 12:43 pm, 8th September 2015

I thank my right hon. Friend for his question. I agree that the devolution of corporation tax could have a transformational effect in Northern Ireland. It is understandable that it has been the key ask of Northern Ireland’s leaders over many years. I pay tribute to my right hon. Friend for his role in taking forward the campaign for corporation tax devolution. The opportunities provided by that are one more reason why it is so essential to find a way through here, because it is frustrating to see this great change—this potential economic game-changer—receding into the distance. It will never be possible to implement corporation tax devolution without a resolution on sustainable public finances, and that is one of the reasons why I will be working hard in the talks to resolve those questions.