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IoD press statement on Lord Heseltine review

31 October 2012

IoD press statement on Lord Heseltine review

Following the release of Lord Heseltine’s report, “No stone Unturned in Pursuit of Growth”, Mervyn McCall, Chairman of the Institute of Directors (Northern Ireland Division), said:

“I would agree with Lord Heseltine’s assertion that... ‘local leaders are best placed to understand the opportunities and obstacles to growth within their own communities. Policies that are devised holistically and locally, and which are tailored to local circumstances, are much more likely to increase the economy’s capacity for growth.’

“I trust the Prime Minister will note these recommendations and apply them to Northern Ireland, particularly in the context of devolving the power to lower the rate of corporation tax.”

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