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My right hon. Friend the Minister of State and I meet regularly with Northern Ireland Ministers in support of their efforts to promote economic development and to help rebuild and rebalance the economy.
What discussions has my right hon. Friend had with the Northern Ireland Executive to encourage them to set up enterprise zones?
What discussions has my right hon. Friend had with the Northern Ireland Executive to encourage them to set up enterprise zones?
I have regular discussions with the First Minister, Deputy First Minister and Minister of Finance. Last year’s Budget, which became the Finance Act 2011, made that facility available. There are 24 enterprise zones in England, four in Scotland and seven in Wales. They have the capacity also to have enhanced capital allowances. I am in favour of them as a benefit for Northern Ireland, but this is a devolved issue and a devolved decision.
The creative industries in Northern Ireland are worth £500 million a year and employ more than the agriculture sector. The new relief announced in the Budget will assist the industry directly and help to attract further blockbuster productions such as “Game of Thrones”, which was—indeed, is—filmed in Northern Ireland, creating 800 jobs.
Does the Minister agree that the announcement in this year’s Budget to introduce corporation tax reliefs for film and television production will bring even more value to Northern Ireland’s proposition as a world-class production location?
Does the Minister agree that the announcement in this year’s Budget to introduce corporation tax reliefs for film and television production will bring even more value to Northern Ireland’s proposition as a world-class production location?
For my hon. Friend I repeat above the hullabaloo that Northern Ireland is a world-class destination for film and TV production. I welcome the moves taken in the Budget to encourage further investment there. The Paint Hall studio in the Titanic Quarter has recently been used for “City of Ember”, the medieval comedy “Your Highness”, and, of course, the first two series of the European “Game of Thrones”, which has so far brought about £43 million to the Northern Ireland economy. Yes, we are open for business, and if anyone out there is watching—I am sure there are many—come to see us in Northern Ireland and we will assure you of an excellent service.