O’Conall Street

I posted yesterday about how under whelmed I felt about the Prime Minister’s speech at yesterday’s investment conference.

His big offer was to allow the Executive to pocket the proceeds from another £1billion worth of public asset disposals, bringing the total asset fund to £2.2billion. Looking at it from a London perspective it makes perfect sense. This will force the DUP and SF into agreeing to a fire sale of a considerable proportion of the public estate, something the shiners will find very difficult to swallow and I suspect backbench DUP men will have issues with too.

I have to say as an Irish person I am less the chuffed to be told by London that we can sell what is surely already ours. The British government appropriated through compulsory purchase a large amount of land in Northern Ireland. All they are doing is handing it back at the worst possible time without making a positive exchequer contribution or policy change to kick start this economy.

As Nigel Dodds said the corportaion tax issue is not going to go away.

This entry was posted on Friday, May 9th, 2008 at 8:55 am and is filed under Business, Corporate Communications, Current Affairs, Politics, Public Affairs, Public Relations. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.