Menu
28/10/2021
Economy Minister Welcomes Budget Announcement
Economy Minister Gordon Lyons has welcomed "those elements of (the) Budget which are aimed at making a positive impact on Northern Ireland's economy" but said that he was keen to see the full details of all these measures.
The Minister said: "Northern Ireland will be able to access UK-wide programmes including the £5billion Project Gigabit, the £2.6billion UK Shared Prosperity Fund and the £1.4billion Global Britain Investment Fund, all of which will help stimulate economic recovery and future prosperity.
"I will, however, be keen to see the full detail of all of these measures, how they can dovetail with our local economic priorities and delivery on the ground, and to assess precisely how we can best take advantage of them for the local economy."
Turning to Air Passenger Duty (APD), the Minister said: "Air connectivity between Northern Ireland and Great Britain is vital to our economic recovery and future prosperity.
"I have repeatedly made it clear that APD is an unfair tax that needs to be addressed at national level, given its particularly detrimental impact on NI passengers. I have robustly lobbied HM Treasury to have it removed, and I have also raised my concerns with Sir Peter Hendy, who leads the UK Government's Union Connectivity Review.
"Therefore, while I welcome the Chancellor's announcement today that he intends to reduce APD on UK routes from April 2023, as progress, it is extremely disappointing that the opportunity to remove APD altogether was not taken. I will continue to vigorously press home this message."
The Minister said: "Northern Ireland will be able to access UK-wide programmes including the £5billion Project Gigabit, the £2.6billion UK Shared Prosperity Fund and the £1.4billion Global Britain Investment Fund, all of which will help stimulate economic recovery and future prosperity.
"I will, however, be keen to see the full detail of all of these measures, how they can dovetail with our local economic priorities and delivery on the ground, and to assess precisely how we can best take advantage of them for the local economy."
Turning to Air Passenger Duty (APD), the Minister said: "Air connectivity between Northern Ireland and Great Britain is vital to our economic recovery and future prosperity.
"I have repeatedly made it clear that APD is an unfair tax that needs to be addressed at national level, given its particularly detrimental impact on NI passengers. I have robustly lobbied HM Treasury to have it removed, and I have also raised my concerns with Sir Peter Hendy, who leads the UK Government's Union Connectivity Review.
"Therefore, while I welcome the Chancellor's announcement today that he intends to reduce APD on UK routes from April 2023, as progress, it is extremely disappointing that the opportunity to remove APD altogether was not taken. I will continue to vigorously press home this message."
Related Northern Ireland News Stories
Click here for the latest headlines.
12 May 2021
Economy Minister Launches New Vision For The Economy
Economy Minister Diane Dodds has launched her ambitious economic vision which will lead to better jobs with better wages. In '10X Economy: An Economic Vision for a decade of innovation' Minister Dodds outlines the steps her Department will take to ensure Northern Ireland is positioned amongst the elite small open economies in the world.
Economy Minister Launches New Vision For The Economy
Economy Minister Diane Dodds has launched her ambitious economic vision which will lead to better jobs with better wages. In '10X Economy: An Economic Vision for a decade of innovation' Minister Dodds outlines the steps her Department will take to ensure Northern Ireland is positioned amongst the elite small open economies in the world.
05 January 2022
People Verified For Spend Local Scheme Must Still Receive Card
The Economy Minister has been urged to ensure those who were verified for a Spend Local card but didn't receive it will still get the £100 card and the opportunity to spend it.
People Verified For Spend Local Scheme Must Still Receive Card
The Economy Minister has been urged to ensure those who were verified for a Spend Local card but didn't receive it will still get the £100 card and the opportunity to spend it.
16 September 2021
Economy Minister Accused Of Letting Ideology Get In The Way Of Opportunity
The DUP economy minister needs to stop letting ideology get in the way of economic opportunity, Sinn Féin MLA Caoimhe Archibald has said.
Economy Minister Accused Of Letting Ideology Get In The Way Of Opportunity
The DUP economy minister needs to stop letting ideology get in the way of economic opportunity, Sinn Féin MLA Caoimhe Archibald has said.
16 October 2013
Finance Minister Calls For Air Duty Tax Action
NI Finance Minister Simon Hamilton has called for UK action on Air Passenger Duty (APD), after news that Dublin has decided to reduce the tax from €3 to zero on short haul flights in the Republic of Ireland. The reduction will take effect in April 2014.
Finance Minister Calls For Air Duty Tax Action
NI Finance Minister Simon Hamilton has called for UK action on Air Passenger Duty (APD), after news that Dublin has decided to reduce the tax from €3 to zero on short haul flights in the Republic of Ireland. The reduction will take effect in April 2014.
16 September 2024
Economy Minister Begins North America Visit
Economy Minister Conor Murphy has arrived in North America with Invest Northern Ireland to strengthen economic ties and highlight Northern Ireland's business strengths.
Economy Minister Begins North America Visit
Economy Minister Conor Murphy has arrived in North America with Invest Northern Ireland to strengthen economic ties and highlight Northern Ireland's business strengths.
-
Northern Ireland WeatherToday:Gale, coastal severe gale, northwest winds ease from late afternoon. Scattered showers will fall as snow over the hills at first, becoming isolated from mid-afternoon. Maximum temperature 7 °C.Tonight:Showers, scattered in the evening, will clear by midnight leaving the night dry with clear spells. Cloud will spread east towards morning. Minimum temperature 2 °C.
