Ritchie questions Minister on Aggregate Credit Levy Scheme | Latest Newry News, Newry Sport and Newry Business for Newry City

Ritchie questions Minister on Aggregate Credit Levy Scheme

SDLP MP for South Down, Margaret Ritchie, has questioned the Business, Innovation and Skills Minister, Nick Boles, in the Commons on the reinstatement of the Aggregate Credit Levy Scheme for Northern Ireland’s construction industries and has secured a meeting with the Minister to discuss this further.

ritchie5Speaking to Newry Times, Ritchie said, “There is a real issue of cash flow in our construction sector, which is stifling the industry and delaying or preventing projects.

“I reminded the Minister of this in the Commons and urged him to meet with his colleagues in the Treasury and HMRC to discuss the reinstatement of the Aggregate Credit Levy Scheme.

“Reintroducing this scheme could help to tackle the obstructions in cash flow in our construction industries and help much needed developments to get off the ground and actually be brought to completion.

Ritchie added, “I look forward to meeting with the Minister to discuss further how we can reinvigorate Northern Ireland’s construction industry.”

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Posted by on Sep 29 2015. Filed under Politics. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.

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