" Reducing corporation tax from the current UK-wide rate of 28% to the 12.5% levied on firms in the Republic of Ireland would be the best way to revitalise the region's flagging economy, according to the Northern Ireland Economic Reform Group.
But the NIEFG said the move was the only measure that would deliver the major structural change needed to get Northern Ireland out of its present economic rut, adding the Government would actually benefit in the long term because the rate cut would create at least 90,000 extra jobs over 20 years, resulting in more revenue from income tax. "
Tax cut 'could create 90,000 jobs' - National News, Breaking News - Enniscourthyguardian.ie
Chancellor George Osborne announced a further £7bn in welfare "savings" were planned on top of £11bn already announced.
London can't say on the one hand it accepts Northern Ireland has a severe level of deprivation, complicated by the legacy of conflict, and then say by the way you'll just have to take equal pain with Britain," he said.
BBC News - Attwood urges Stormont maturity over Spending Review
On one hand it forces our private sector to be stagnant causing deprivation in what is in fact the most highly educated part of the UK ( resulting in a bloated public sector ) - then they knowingly introduce harsh cuts which go against the money promised in the St.Andrews agreement and are unacceptable considering the region is the most deprived.
I know many people working in the public sector who believe that the increased threat level in Britain towards Dissident Republican violence is actually to discredit the region so it can introduce cuts and renege on its commitments in the St.Andrews agreement without public or political opposition in Britain.
The British government has no interest in allowing the economic development of Northern Ireland.
This is blatantly obvious.
It is an active barrier towards it.
Northern Ireland GCSE students score top marks, highest in UK.
Northern Ireland A-level students outperform rest of UK