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Task force seeking corporate tax cut.

Europe Intelligence Wire

| November 29, 2005 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From Newsletter)

MAJOR tax change is needed to kickstart and sustain economic growth in Northern Ireland and help the region attract overseas investment.

That was the message yesterday from a group of leading business figures and academics who have joined forces to press the Treasury for harmonisation of corporation tax levels in Northern Ireland with those in the Republic.

The Industrial Task Force, led by Ulster Bank chairman Sir George Quigley, published its recommendations for securing a "very necessary major uplift" in the growth of the private sector in Northern Ireland.

Topping the list is corporation tax, which currently stands at …

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