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13/12/2023
UUP Welcomes New Financial Parkage For NI
The Ulster Unionist Party (UUP) has welcomed the announcement of a new financial parkage for NI, announced by the Secretary of State, Chris Heaton-Harris.
Speaking following all-party talks at Royal Hillsborough, Ulster Unionist Finance spokesperson Dr. Steve Aiken OBE MLA said: “Northern Ireland needs Stormont back as soon as possible to deal with the many urgent problems facing the public sector and other vital services. A properly funded, multi-year financial package is fundamental to good government. We have consistently called for the restoration of Stormont and ask that other parties join with us to make that happen.
“We are attending the multi-party negotiations with HMG today in Royal Hillsborough working to restore government but determined to ensure a financial settlement that doesn't just solve the immediate crisis but provides for continued stable government through an appropriate 'Fiscal Floor', backdated to 2022, a write-off of the Reserve Claim, adequate Stabilisation and Transformation funds to deliver lasting change and much deserved public sector pay rises
"'While the NIO is asking that the Executive deliver revenue raising, we shall be asking that Northern Ireland be given a lower Corporation Tax rate to compensate for the additional costs of Policing & Justice, the Protocol/Windsor Framework and to encourage business growth, jobs and prosperity.''
Speaking following all-party talks at Royal Hillsborough, Ulster Unionist Finance spokesperson Dr. Steve Aiken OBE MLA said: “Northern Ireland needs Stormont back as soon as possible to deal with the many urgent problems facing the public sector and other vital services. A properly funded, multi-year financial package is fundamental to good government. We have consistently called for the restoration of Stormont and ask that other parties join with us to make that happen.
“We are attending the multi-party negotiations with HMG today in Royal Hillsborough working to restore government but determined to ensure a financial settlement that doesn't just solve the immediate crisis but provides for continued stable government through an appropriate 'Fiscal Floor', backdated to 2022, a write-off of the Reserve Claim, adequate Stabilisation and Transformation funds to deliver lasting change and much deserved public sector pay rises
"'While the NIO is asking that the Executive deliver revenue raising, we shall be asking that Northern Ireland be given a lower Corporation Tax rate to compensate for the additional costs of Policing & Justice, the Protocol/Windsor Framework and to encourage business growth, jobs and prosperity.''
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