DUP must acknowledge their Failure on Fiscal Package, says Beggs
Ulster Unionist Finance spokesman and East Antrim MLA Roy Beggs today called on the DUP to acknowledge that they have not delivered a Billion £ peace dividend for Northern Ireland nor have they secured a meaningful fiscal package following the Prime Minister’s announcement on Monday night that he will not cut the corporation tax to 12.5% in Northern Ireland to stimulate growth in the economy. In a statement Mr Beggs said,
“First the people of Northern Ireland were promised a £1Billion package from Ian Paisley as a pre-condition to devolution. When this was not delivered the DUP smoke and mirrors department shifted to securing a fiscal package with a reduction in corporation tax as a central plank.
The Prime Minister’s announcement yesterday that he will not cut Corporation Tax to 12.5% has nailed yet another false promise from the DUP.
I am calling on the DUP to acknowledge that not only have they failed to deliver on both a financial package and a decent fiscal package, but the problems being faced by all departments in the draft budget have been exacerbated and aggravated by this building up of false expectation.”