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IoD joins business' call for resolution on welfare reform - 12 March

13 March 2015

Open letter sent to the First Minister and deputy First Minister

First Minister and deputy First Minister
Office of the First Minister and deputy First Minister

Stormont Castle

12 March 2015

Dear First Minister and deputy First Minister

The emergence earlier this week of the problem of reconciling views on the issue of welfare reform has, we believe, placed us at another crossroads in Northern Ireland’s progress towards a better future for all.

The commitment of the business community to grow the private sector and create tens of thousands of jobs for everyone remains undimmed. However, delivery of lower Corporation Tax is fundamental to achieving these outcomes. Hence the reason to come together to speak with one voice on this matter.

We recognise that there is no ducking the lower levels of public expenditure that face us. The business community is ready to sit down with all the stakeholders today to focus on the hard work required to create thousands more jobs and to build our businesses into world class enterprises.

We strongly encourage our political parties to come to an urgent solution so that we can all move forward together.

Paul Terrington, Chairman, Institute of Directors
Colin Walsh, Chair, CBI
Kevin Kingston, President, NI Chamber of Commerce and Industry
Wilfred Mitchell, Chairman,
Federation of Small Businesses



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