Jim Shannon

Jim Shannon

Democratic Unionist Party — Strangford

Speaking in the House of Commons on 23 June 2025

Debate

UK Modern Industrial Strategy

Contribution

You are very kind, Madam Deputy Speaker—we got there in the end. I thank the Secretary of State for his statement, which is full of positivity. Everyone here welcomes it deep down, and if they do not, then they should: well done, Minister, and well done this Government. While I welcome the news that more than 7,000 British businesses are set to see their electricity bills slashed by up to 25% by 2027, it is clear that much more support is needed, such as a reduction in corporation tax, especially for businesses in Northern Ireland, which borders the Republic of Ireland where the corporation tax rate is half of our rate at 12.5%. Will the Secretary of State discuss that with his Cabinet colleagues in order to provide greater support for our industries in Northern Ireland?

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