← LEADERSHIP TERMINAL

UK PARLIAMENT · SITTING

Sammy Wilson

MP for East Antrim · Democratic Unionist Party · United Kingdom

IN THEIR OWN WORDS

I draw attention to my entry in the Register of Members’ Financial Interests. The Foreign Secretary has said that his concern is for the behaviour of some settlers on the west bank, and I think we all share that, but does he accept that the fear of losing votes to the Green party and the independent Members on the Bench behind me is also…

ISRAEL AND PALESTINE · 2026-09-08 · READ IN HANSARD

It is a sad state of affairs when ordinary people feel compelled to take direct action against illegal immigration into our country as a result of successive Governments failing to stop the invasion of our country by illegal immigrants, aided by criminal gangs.

DOVER AND PORTSMOUTH: PROTESTS · 2026-09-07 · READ IN HANSARD

The Chancellor has rightly identified trade frictions as a major impediment to economic growth. As a result of the Windsor framework, the internal market in the UK has been severely disrupted by EU-imposed restrictions on trade, which mean customs unions, mountains of paperwork and physical barriers. What steps does the right hon.

ECONOMIC GROWTH · 2026-09-07 · READ IN HANSARD

We would not need these regulations were it not for EU regulations having to apply to a certain part of the United Kingdom because it is regarded as part of the EU, regardless of the democratic vote of the British people to leave the EU. This is not about protecting biodiversity.

DRAFT PLANT HEALTH, SEEDS, SEED POTATOES AND PLANT PROPAGATING MATERIAL (AMENDMENT) (NORTHERN IRELAND) REGULATIONS 2026 · 2026-09-02 · READ IN HANSARD

Because they are now subject to all these additional regulations. If they do not abide by those regulations—we have already seen this—those goods can be seized, destroyed, re-exported or detained by DAERA in Northern Ireland. That is not something which is just a maybe; it happens currently.

DRAFT PLANT HEALTH, SEEDS, SEED POTATOES AND PLANT PROPAGATING MATERIAL (AMENDMENT) (NORTHERN IRELAND) REGULATIONS 2026 · 2026-09-02 · READ IN HANSARD

It is a pleasure to serve under your chairmanship, Sir Alec. The Minister outlined why these regulations were necessary and gave what, to most on the Committee, would be an acceptable argument: they are to protect biodiversity in Northern Ireland and to ensure that diseased plants are not accessing the Northern Ireland market.

DRAFT PLANT HEALTH, SEEDS, SEED POTATOES AND PLANT PROPAGATING MATERIAL (AMENDMENT) (NORTHERN IRELAND) REGULATIONS 2026 · 2026-09-02 · READ IN HANSARD

The complete record

Every one of 4,500 lines we hold for Sammy Wilson, in date order, each linked to its source. Free to read, in full, without an account. Page 59 of 90.

  1. Nearly every week, however, people come and talk to me about the effects of the recession and the way in which it has changed employment practices, Many are uncertain about their incomes. Some are earning the minimum wage, some have jobs that are insecure, and some are not always paid because of the nature of their contracts. The Chancellor has said today that the minimum wage will be lifted and that some people will be lifted out of taxation; nevertheless, that has to be set against the fact that, for many people, those gains by Government action are depressed by employment practices that are becoming more prevalent in parts of the economy.

    BUDGET RESOLUTIONS AND ECONOMIC SITUATION · 2015-03-18 · READ IN HANSARD

  2. I shall come to that point. I am not suggesting that everything that the Chancellor has done is wrong. What I am trying to do is paint a picture of a country in which not every region and not every individual is walking tall. Not only some regions, but some groups of people, are still suffering and stooped under the burden of an ailing economy. Young people in my constituency are suffering as a result of youth unemployment; other people are in the lower wage brackets, or are in jobs in which there is uncertainty or the effect of the economic downturn has depressed wages the most. Those people are not experiencing the improved living standards that the Chancellor has described today. I welcome the fact that, as of the last year, 542 fewer people are on the dole or on welfare in my constituency.

    BUDGET RESOLUTIONS AND ECONOMIC SITUATION · 2015-03-18 · READ IN HANSARD

  3. I do not want to be churlish about this Budget, because there are a number of things—my hon. Friend has led me on to them—that I welcome. Given the way that farming income changes, it is important that farmers should have the ability to look at their income and spread their profits and losses, and the tax they pay on them, over a five-year period rather than a two-year period. I welcome the announcement of a requirement to have a universal service obligation for broadband, although I see that there is no timing for it, so maybe the Minister can give us some indication of that. I know that in my constituency smaller businesses that want to set up in rural areas are held back because they do not have that easy means of communication.

    BUDGET RESOLUTIONS AND ECONOMIC SITUATION · 2015-03-18 · READ IN HANSARD

  4. Some of them are in the Government’s control and some are outside it. I hope we will walk tall and not find that there are many people and many areas of the United Kingdom still stooped under an economic policy that is not doing its best for Britain.

    BUDGET RESOLUTIONS AND ECONOMIC SITUATION · 2015-03-18 · READ IN HANSARD

  5. I welcome the fact that the Government have made available to us the devolution of corporation tax and the impact that I believe it can have on our economy. Nevertheless, as we seek to rebalance the economy, that must not be counterbalanced by serious public sector expenditure cuts, especially for an area that is still dependent on the public sector. It must not be offset by huge cuts in infrastructure. We have already suffered a 40% reduction in public infrastructure investment in Northern Ireland, with devastating effects on the ability to deliver on many of the things that we wanted to deliver on. I hope that the optimism that the Chancellor has expressed today comes to fruition, but I believe there are obstacles. They are highlighted in the Red Book and in the speech today.

    BUDGET RESOLUTIONS AND ECONOMIC SITUATION · 2015-03-18 · READ IN HANSARD

  6. Hopefully, a universal service obligation will mean exactly that and the investment in the infrastructure will include all parts, regardless of how difficult they are—I notice that one of the things that will help is satellite broadband where fixed line broadband cannot be used. I also welcome the Government’s promise to improve incentives for people to save for the deposit for their first home—especially given the number of young people who come to me looking for ways to get their first home—and to give additional support of up to 20% for those savings. As one who supports the fair fuel campaign and represents a rural constituency where many people do not have the opportunity of using public transport, I also welcome today’s announcements on fuel duty. I suppose the fears we have for the future, especially in Northern Ireland, are these.

    BUDGET RESOLUTIONS AND ECONOMIC SITUATION · 2015-03-18 · READ IN HANSARD

  7. Does the Secretary of State recognise that it is not just Sinn Fein, but their lapdogs in the Social Democratic and Labour party who have blocked welfare reform in Northern Ireland and put the Assembly in jeopardy? Will she spell out the consequences for corporation tax, the economic package and the long-term sustainability of the budget in Northern Ireland as a result of that irresponsible behaviour?

    POLITICAL SITUATION · 2015-03-11 · READ IN HANSARD

  8. Indeed, Mr Deputy Speaker, were you to give me time—I know that you will not, because I would be diverging from the motion—I could wax eloquent on that matter for a long time, but I will not do so.

    GENERAL ELECTION TELEVISION DEBATES · 2015-03-11 · READ IN HANSARD

  9. Was it simply that they believed that they could imperiously wave their fingers at the politicians of this country and tell them, “We will give you broadcasting time. Here are the conditions on which you will have it, and if you do not obey the rules that we have set down, we will punish you”? Another interpretation is that they simply wanted to sex up the broadcasts, and saw that perhaps a good head-to-head row between the Prime Minister and the leader of UKIP would do the job. Alternatively, given the left-wing bias of the BBC—I have sympathy with the views of some Government Members on this—perhaps it mainly wanted someone present who would take on the Prime Minister. I have a great belief in the left-wing bias of the BBC.

    GENERAL ELECTION TELEVISION DEBATES · 2015-03-11 · READ IN HANSARD

  10. We do not believe that we have some God-given right to be included just because we happen to have Members in the House of Commons or are putting people forward to be Members. However, once the rules were manipulated, changed, twisted and warped to include some smaller parties, but not all, we had a right to make the demands that we have made to the BBC and the other broadcasters that are included in this motion. I do not believe that the debate about the debates has done politics any good at all. Despite what has been said, I do not see this as a problem that was made by politicians, although some people would happily point the finger at the Prime Minister or the Leader of the Opposition. The problem was primarily caused by the broadcasters. We probably all have our own interpretations of what their motives were.

    GENERAL ELECTION TELEVISION DEBATES · 2015-03-11 · READ IN HANSARD

  11. I emphasise at the outset points that other hon. Members have made. We brought this debate forward not because we have some selfish party political interest, but because we believe that if there are to be debates about the shape of future government, and the input that parties will have, or potentially have, into future government, including in Northern Ireland, then the public should have the widest possible information about who will be involved and the ideas that will be put forward. We recognise that even in a hung Parliament our role may be quite marginal, so we would have been quite happy for the parties that are most likely to form the Government of the United Kingdom to have their leaders debating the issues before the general public. We are not as arrogant as the BBC or some of the other broadcasters.

    GENERAL ELECTION TELEVISION DEBATES · 2015-03-11 · READ IN HANSARD

  12. I will also have an opponent from the Greens, but given the fact that the Greens in Northern Ireland want to prevent the good constituents of East Antrim from eating bacon butties on a Monday in order to save the planet or from seeing adverts for flying to the Mediterranean because they will put too much CO 2 into the air—

    GENERAL ELECTION TELEVISION DEBATES · 2015-03-11 · READ IN HANSARD

  13. Friend the Member for Belfast North (Mr Dodds) said, it is not as though we operate in some kind of bubble in Northern Ireland and will not be competing against some of the parties that are represented on these Benches and that will be participating in the debates. I will have a UKIP opponent and perhaps even have a Conservative opponent and, by proxy, I will have opposition from Labour in the form of the SDLP and from the Liberal Democrats in the form of the Alliance party. When I say “opposition” from competitors I mean it in the loosest possible sense of the word, because such opponents will be somewhere down at the bottom of the pile when it comes to counting the votes.

    GENERAL ELECTION TELEVISION DEBATES · 2015-03-11 · READ IN HANSARD

  14. We would prefer a much tighter arrangement for the debate, but if it is to be opened up—I add the qualifications put forward by Members from the Alliance party and the SDLP, and ourselves—there are absolutely no grounds for saying that the fourth largest party in this House, which stands only in a regional capacity but is no different in that regard from Plaid Cymru or the SNP, and has more members than many of the smaller parties that will be included, and could have the same influence as all those parties, should be excluded. That is especially the case because, as my right hon.

    GENERAL ELECTION TELEVISION DEBATES · 2015-03-11 · READ IN HANSARD

  15. I will desist from getting into a discussion about licence fees, the payment of licence fees, the non-payment of licence fees, the compulsory payment of licence fees, or whatever. That is another favourite topic of mine, but it is not quite relevant to the motion before us. Whatever the reason for it, we now have an unbecoming shambles that is not doing politics any good. Despite what is said about how rubbishy people think politicians are, I think there is a general desire among the public to hear debates on the issues. However, those debates have to be in a fair and properly structured format. The unbecoming shambles that we now have brings politics in this country further into disrepute. We have put forward an unassailable case.

    GENERAL ELECTION TELEVISION DEBATES · 2015-03-11 · READ IN HANSARD

  16. People will be able to sign up to the conditions attached to the rules, so there should not be any unseemly rows. At the end of the day, I must say that I am not attracted to making participation mandatory. Even once the rules have been set and the parties have agreed to them, there should still be a right and an opportunity for the parties—they will have to explain the circumstances to the electorate—to decide whether to participate.

    GENERAL ELECTION TELEVISION DEBATES · 2015-03-11 · READ IN HANSARD

  17. Now we have seen that they are incapable of the degree of independence and objectivity required to ensure fair, reasonable and rational debate on the issues, we must look again at having an independent body. It should be no more difficult to create an independent body to oversee broadcasts during elections than to have an independent body for any other job for which such a body is required. The Minister’s point about how we ensure the body’s independence should not cause us a great deal of concern. Another issue that hon. Members have raised is whether whatever is decided should be mandatory, as the Labour party wants, or voluntary. Our view is that the job of the independent body should be to set the rules. If the rules are set fairly, there will be no need for coercion.

    GENERAL ELECTION TELEVISION DEBATES · 2015-03-11 · READ IN HANSARD

  18. On the one hand, there are the politicians who have their agendas, but on the other hand, the broadcasters have their own agendas, as we now know. The broadcasters are no less guilty in all this than those that some of the public may see as self-seeking politicians. We therefore believe in the creation of an independent body. The Minister of State, Cabinet Office, the right hon. Member for Tunbridge Wells (Greg Clark), asked how independent the body should be and how it could be made independent. Such an idea has already been rejected in the House of Lords, but only because greater faith was placed in the broadcasters than should ever have been placed in them.

    GENERAL ELECTION TELEVISION DEBATES · 2015-03-11 · READ IN HANSARD

  19. The problem created by the broadcasters is one reason why we believe that there should be some attempt, even at this late stage, to resolve the issue either by accepting the inclusion of all parties with a sizeable representation and candidates standing nationally and regionally, or by finding some way to narrow the number down. We cannot have the worst of all worlds, which is including some and excluding the others. Another part of the motion that has generated a fair range of comment is about how we proceed. The proposal for an independent body to make an adjudication may well come too late for this election, but that is not to say that it should not be considered for future elections; otherwise this shambles might be repeated.

    GENERAL ELECTION TELEVISION DEBATES · 2015-03-11 · READ IN HANSARD

  20. I am trying to explain my point, Mr Deputy Speaker. My point is that the inclusion or non-inclusion of the Greens in the debates will not make any difference because their policies are so outlandish that nobody will vote for them anyway. However, they have been included, and given that they are a small party and much smaller than our party, our argument is that we ought to be included as well. The problem, which has of course been created by the broadcasters, is that if we end up with seven parties, as we now have, or eight or nine parties, we will not have a debate—or even a beauty contest given some of the people involved. We will have a shambles or, as the hon. Member for Foyle (Mark Durkan) said, a Tower of Babel—utter confusion—with points not being properly debated.

    GENERAL ELECTION TELEVISION DEBATES · 2015-03-11 · READ IN HANSARD

  21. It is unfair that all the attention is directed on the Prime Minister, because he had a reasonable case for saying that the BBC was setting rules that placed him at an unfair advantage, so why should he co-operate in its game. If we are to avoid that in future, some of the proposals in this motion should be adhered to, followed through and worked on, so that even if we do not sort it out this time, we can sort it out for the next election.

    GENERAL ELECTION TELEVISION DEBATES · 2015-03-11 · READ IN HANSARD

  22. Will the debates be based on the results of the last Westminster elections or the latest opinion polls? If we are to have a fair framework those issues must be considered by an independent body. In conclusion, we cannot afford in this election to have the same shambles as we experienced in the previous one: it is not becoming to democracy or to the parties involved, and it is distracting. I suspect that the debate about the debate will be more interesting than the debate itself, especially if we end up with a seven-party squabble on TV, or a debate where the main issue is, “Why is the Prime Minister not sitting there and why is there an empty chair?”, or whatever. Sometimes there are things that we as politicians can be blamed for, but I do not believe that the finger of blame in this instance can be primarily pointed at us.

    GENERAL ELECTION TELEVISION DEBATES · 2015-03-11 · READ IN HANSARD

  23. I must say that I can see the Prime Minister’s point that a shambolic debate, especially with seven different parties all fighting and squabbling for a bit of time in a one-and-a-half hour debate, might not be all that edifying in an election campaign and might distract from many of the other good ways in which parties and individual candidates seek to communicate with the electorate. One issue that the independent commission must sort out—the hon. Members for Belfast East (Naomi Long) and for Foyle made this point—is the basis on which we make judgments about the parties, which is where this debate started. Should a television debate include all parties, those that reach a certain threshold of Members of the House, or those putting forward a certain number of candidates? Do those candidates have to stand nationally?

    GENERAL ELECTION TELEVISION DEBATES · 2015-03-11 · READ IN HANSARD

  24. A debate on the basis of manifestos may not be all that productive. I can see the argument for having a debate in the period up to an election without its sucking the lifeblood out of the election campaign. As the hon. Member for Foyle pointed out, there are many formats for debating the issues. He mentioned the variety of formats used during the Scottish referendum campaign. Whether the broadcasts are straightforward head-to-heads between the two main protagonists, panel discussions, debates involving audience participation or a range of other things, they can be done in many ways, so we are not all that worried about their timing.

    GENERAL ELECTION TELEVISION DEBATES · 2015-03-11 · READ IN HANSARD

  25. We agree that, once we have a framework for the debates, people should have the right to decide whether to participate in them. The final issue is whether the debates should be held before or during the election campaign. I do not like the argument that if the manifestos have not been published, there could not be a debate. What do debates consist of? Very often, they are as much about looking back as about looking forward. They are about looking at the parties’ record in the past, because that is sometimes a far better way of judging what they will do in the future than what might be in their manifestos, given the cynicism of much of the electorate about manifesto commitments. We only have to look at the Liberal Democrats to think of how they made a major commitment, but moved away from it very quickly.

    GENERAL ELECTION TELEVISION DEBATES · 2015-03-11 · READ IN HANSARD

  26. Does my hon. Friend agree that, apart from the loss of revenue to the Exchequer and the financing of criminal gangs, immense problems are being caused to the environment as a result of toxic chemicals being poured into water courses?

    CROSS-BORDER CRIME · 2015-03-11 · READ IN HANSARD

  27. Hundreds of millions of pounds are lost in revenue, criminal gangs are financed and untold damage is done to the environment in Northern Ireland as a result of fuel laundering. Why have the Government resisted putting effective trace measures into fuel, which would stamp this out? Is the Minister concerned that despite numerous raids nobody is ever caught for fuel laundering in Northern Ireland?

    UNCOLLECTED TAX · 2015-03-10 · READ IN HANSARD

  28. We must all be concerned by the expansionist tendencies of the Putin regime, and it is therefore important to provide a robust response to the situation in Ukraine, but if we are going to train troops there, would not the logical step be to give them the wherewithal to use that training? Why are we not in a position to consider making equipment available to them as well?

    SERVICE PERSONNEL (UKRAINE) · 2015-02-25 · READ IN HANSARD

  29. I am sure my hon. Friend will touch on the matter, but does he accept that part of the problem lies with the procurement rules that we inherit from Europe as part of an attempt to create the single market? They lay down pretty draconian requirements when it comes to bidding for Government contracts. We ought to be looking at how those requirements can be amended and how we can raise thresholds to avoid some of the European regulations on procurement.

    GOVERNMENT CONTRACTS (SMES) · 2015-01-28 · READ IN HANSARD

  30. Before my hon. Friend moves on, does he accept that there is considerable merit in the point raised about the green procurement card, especially when it comes to the purchase of fresh food for schools and hospitals, which can be locally sourced? There is an environmental as well as an economic argument for sourcing such goods and services locally.

    GOVERNMENT CONTRACTS (SMES) · 2015-01-28 · READ IN HANSARD

  31. The hon. Gentleman is making some thoughtful and worthwhile points, but does he not accept that the more we build into the contract and the procurement process not only price, but the qualitative issues he has talked about, as well as ongoing issues such as apprenticeships and employing the long-term unemployed, the more that adds to the complexity and the paperwork involved in the procurement process and to the monitoring of the contract? There is a balance to be struck between, on the one hand, taking the simple approach of looking at price only and, on the other, looking at quality, employment opportunities and all the other qualitative elements of a procurement exercise.

    GOVERNMENT CONTRACTS (SMES) · 2015-01-28 · READ IN HANSARD

  32. Although we are hearing about the downside to procurement and all the rest of it, there are encouraging signs in Northern Ireland. A small company that starts up in Northern Ireland will last 75% longer than a similar company anywhere else in the United Kingdom. We need to put out the message that start-ups are very successful and there is resilience.

    GOVERNMENT CONTRACTS (SMES) · 2015-01-28 · READ IN HANSARD

  33. Does the hon. Lady accept that, at a time of fiscal constraint, there is a need to get value for money from contracts? That sometimes means that contracts need to be centralised, but one way around that might be to encourage consortiums of small businesses to apply for larger contracts, because such contracts do not necessarily have to exclude small businesses. I sometimes wonder whether we have explored all options of how we ensure that we can have large contracts while still involving smaller firms in delivery.

    GOVERNMENT CONTRACTS (SMES) · 2015-01-28 · READ IN HANSARD

  34. A possible solution when there is a substantial number of subcontractors is the greater use of project bank accounts. Rather than money being paid to the main contractor, it goes into a project bank account to be drawn out as invoices come in. In Northern Ireland, a main contractor can be excluded from applying for public sector contracts for a specified period of time if there are complaints that it is clearly not abiding by the terms of a contract.

    GOVERNMENT CONTRACTS (SMES) · 2015-01-28 · READ IN HANSARD

  35. Does the Minister agree that we will never deal with the hurt and the poison of the past in Northern Ireland while the past actions of police and Army officers and personnel are subject to extensive investigations, police investigations and court action, while terrorists are given letters that enable them to escape the consequences of their crimes?

    VOLUNTARY SECTOR · 2015-01-28 · READ IN HANSARD

  36. Although unemployment in Northern Ireland is lower than would be expected at this point in the economic cycle, growth has not reached out to many of the regions of the United Kingdom, including Northern Ireland. What steps are the Government taking to address the concentration of growth in the south-east of England and the fact that it does not extend to the regions?

    UNEMPLOYMENT · 2015-01-27 · READ IN HANSARD

  37. I am sure that the Secretary of State will understand why the people of Northern Ireland are cynical about her oft-repeated mantra that no one can rely on these letters, when we have already had two people relying on them, and she has indicated today that there could possibly be another 36. Will she tell the House who was responsible for the error, and what the nature of the error was? In that way, we can at least determine whether this was a deliberate action to ensure that a killer was not brought to justice or a genuine mistake.

    ON-THE-RUNS SCHEME · 2015-01-27 · READ IN HANSARD

  38. Some parties, even though they are in government and their Departments would benefit from the savings in the budget, have taken an irresponsible attitude. They think they can benefit from the budget and at the same time distance themselves from the more difficult aspects of it—

    CORPORATION TAX (NORTHERN IRELAND) BILL · 2015-01-27 · READ IN HANSARD

  39. To do that we need the right economic levers, but—as the Secretary of State said and the shadow Secretary of State alluded to—there is no point having those levers in our hands if the right conditions do not exist. I agree with the Government—although some frustration is felt back home on this point—that it was right for them to insist that the Executive have a budget that showed the tax change was sustainable and that we could absorb its impact. It was right that we should not pay money annually to the Treasury because we had not concluded the welfare reforms, because that was of course a drain on the resources that were available to the Executive. The conditions that were laid down were correct and the Executive has now proposed a budget, although it has not been supported by all the parties.

    CORPORATION TAX (NORTHERN IRELAND) BILL · 2015-01-27 · READ IN HANSARD

  40. Much of that groundwork was very necessary. One of the things that drives this change is the desire in Northern Ireland to transform our economy. Our region has not always been in the economic doldrums. In fact, for a long time during the 20th century, Northern Ireland was a driver in the UK economy. We had world-leading, world-renowned industries that drove a healthy economy. Many of those industries declined because of changes in world demand, distribution patterns and global trends, which also coincided with the start of the troubles. As a result, major industries declined and Northern Ireland was an unattractive place for new private sector companies, resulting in an unhealthy increasing dependence on the public sector. One of the aims of the Northern Ireland Executive is to rebalance the economy as well as to grow it.

    CORPORATION TAX (NORTHERN IRELAND) BILL · 2015-01-27 · READ IN HANSARD

  41. Gentleman for the role that he has played in this change, although I would point out that the cudgels were first taken up by the leader of my party, who was then Finance Minister in Northern Ireland and was convinced that the decision made after the Varney report was published was incorrect. He started the ball rolling on this issue in Northern Ireland. Many businesses also supported the campaign. I also pay tribute to the work done by the Financial Secretary and his officials during the time that I was the Finance Minister in Northern Ireland. I know that sometimes we made progress and then were knocked back a bit, and it was frustrating at times. But many of the issues addressed during those discussions were essential if the issue was not to fall foul of European legislation or decisions by the European Court.

    CORPORATION TAX (NORTHERN IRELAND) BILL · 2015-01-27 · READ IN HANSARD

  42. I trust that I will do what the shadow Secretary of State did and give a balanced view, from a Northern Ireland perspective, of where we see the Bill taking the Northern Ireland economy and the impact that it will have on the economy. It would be churlish if we did not acknowledge that considerable work has gone into the proposal. It has taken many years, and as the right hon. Member for North Shropshire (Mr Paterson) indicated, a large number of people have been involved in making the case for the devolution and then doing what was necessary to bring it about. I pay tribute to the right hon.

    CORPORATION TAX (NORTHERN IRELAND) BILL · 2015-01-27 · READ IN HANSARD

  43. I seem to have hit a sore spot or at least the tender parts of the body politic among those parties that have engaged in such activity. We have to get the welfare reform proposals through the Executive, but agreement has been reached and I hope that, as this Bill makes progress, we will also see the passage of the welfare reforms in Northern Ireland, albeit with changes—mostly secured by my party—to the Welfare Reform Bill that will make it less draconian. Indeed, I think that some of the changes in the Welfare Reform Bill will have to be revisited by this Parliament at some stage.

    CORPORATION TAX (NORTHERN IRELAND) BILL · 2015-01-27 · READ IN HANSARD

  44. I was not all that supportive of the argument about why those nasty banks, who nearly destroyed our economy, should benefit from reductions in corporation tax, paid for by reductions in the block grant. I understand the emotional rhetoric in that argument, but I am more concerned that the profits of banks and other financial institutions are much more volatile and more easily moved without detection than the profits of manufacturing or other companies. One has only to look at the difference between 2007-08 and 2008-09, when banks’ profits changed from £255 million to £45 million. That kind of volatility in tax revenue was a compelling reason why we should not include the profits of financial institutions in the Bill. I am glad that the Government have responded to that.

    CORPORATION TAX (NORTHERN IRELAND) BILL · 2015-01-27 · READ IN HANSARD

  45. After all, they’re nasty CO 2 -producing fossil fuels.” I want them to be exploited for the benefit of the people of Northern Ireland and the United Kingdom. The profits from those companies would not currently be subject to the corporation tax arrangement, but I hope that if and when we develop such an industry, Northern Ireland will benefit from the kinds of promises that have been made to the north-east of England, including a sovereign wealth fund to take in part of the profits from those businesses and plough them back into public expenditure projects. I understand, however, why that has not been included at present. On financial sector profits, there were two issues.

    CORPORATION TAX (NORTHERN IRELAND) BILL · 2015-01-27 · READ IN HANSARD

  46. We did not want small businesses to have huge administrative costs imposed on them for differentiating where they made their profits. I welcome the proposal in the Bill that businesses based in Northern Ireland with 75% of their activity and employment there, will be exempt on all their profits. That should cover 99% of small businesses in Northern Ireland so there should not be administrative costs for small businesses. Oil and gas is excluded from the legislation. I hope that very shortly, despite the endeavours of the Social and Democratic and Labour party Environment Minister, we will have a substantial oil and gas industry that can exploit the shale gas resources that we believe are buried under the ground in Northern Ireland. There may be some who play the populist line and say, “Let’s just keep those resources there.

    CORPORATION TAX (NORTHERN IRELAND) BILL · 2015-01-27 · READ IN HANSARD

  47. We did not want a Bill for people who simply moved their profits to Northern Ireland and did not create jobs. There is no benefit to us in having companies with just a brass plate outside the door, but no substance. I believe the Bill addresses that issue, as much as it can, by indicating that it will benefit trading profits only. In addition, there will be strict investigation by the Treasury of companies who try to move profits. As I understand it, there will be a charge for ensuring that compliance measures are put in place to avoid such scenarios. If we do that, what about small businesses? Many small businesses, especially in the construction industry, have a substantial amount of work in Great Britain because of the decline in the construction industry.

    CORPORATION TAX (NORTHERN IRELAND) BILL · 2015-01-27 · READ IN HANSARD

  48. As I am sure the Financial Secretary would tell us, we can put whatever finely tuned assumptions we want into economic models, but they can be upset fairly quickly. In the next 15 years, it is estimated that output in the Northern Ireland economy will grow by 11%, creating about 37,500 jobs. Any economic model must come with a warning that the assumptions on which it is based can change fairly rapidly. However, the estimate has been made using the economic data we have at present: assumptions, past trends, information from other economies and so on. In Northern Ireland, we cannot afford to ignore that estimate, even if it is not totally correct, especially if it will grow the private sector and bring in well-paid, above-average jobs. We had concerns about a number of issues.

    CORPORATION TAX (NORTHERN IRELAND) BILL · 2015-01-27 · READ IN HANSARD

  49. Some people say that this will not have a beneficial effect, but it is significant that, even when the Government of the Irish Republic were having to slash public expenditure and incur the wrath of the population by reducing wages in the public sector, putting up taxes, introducing new charges for water and so on, the one area for which they were fiscally responsible and did not make any changes was corporation tax. They had obviously judged that when it came to fighting for business, corporation tax—albeit along with other measures—was a shock and awe tactic they could use to try to attract businesses to the Irish Republic. That is a significant argument. I have a degree of scepticism about economic modelling.

    CORPORATION TAX (NORTHERN IRELAND) BILL · 2015-01-27 · READ IN HANSARD

  50. Some may disagree about the actual form the tax incentive should take or the degree to which it should be used, but there is an undeniable correlation between such incentives—be they small business rates relief, corporation tax reductions or oil industry taxes—and growth. Shareholders are attracted to putting money into businesses, which in turn have more profits to plough back into investment. Tax incentives can also give businesses a competitive edge over those in other countries. That is the rationale behind the Bill and no one can deny that it will have an effect. In Northern Ireland there is an additional reason to make the change in that we share a land boundary with a country that has had a lower corporation tax rate.

    CORPORATION TAX (NORTHERN IRELAND) BILL · 2015-01-27 · READ IN HANSARD