17/04/2015

NIIRTA Launches New 'Retail First' Report

The Northern Ireland Retail Trade Association (NIIRTA) has launched a new report to embrace the 'City Deal' concept.

SDLP Foyle Westminster candidate Mark H Durkan welcomed the launch of the 'Retail First' report.

A 'City Deal' is a UK-wide government initiative which aims to help a city or region boost investment, promote growth and create jobs.

Mr Durkan said: "I am particularly delighted to see that one of the key ideas NIIRTA is putting real drive behind and have included in their ‘Retail First’ report is the concept of City Deals – which I have been championing for Derry.

"I have been arguing for quite some time that here in the North we were sleeping in on the example and the model of City Deals, just like, for a number of years, we slept in on the concept of Enterprise Zones.

"We would ask Treasury Ministers for Enterprise Zones here – including for Derry – and would be told “"es, if we get proposals from the Executive". We would then ask in the Assembly if we could apply for Enterprise Zones and would be told "No, we’re not interested in them because they would distract from Corporation Tax".

"This is nonsense! We could go for both Enterprise Zones and Corporation Tax.

"We eventually ended up with a single Enterprise Zone in Coleraine last year.

"We are now being told that we don’t need City Deals – that it’s okay in England but that we have devolution here and that’s better. Once again, this is nonsense.

"Scotland is doing City Deals. There is a City Deal in Glasgow and there are City Deals coming forward now in Aberdeen and Inverness – so the argument that it’s just for big cities like Manchester and Glasgow and not for the kind of cities and towns we have here – including Derry – doesn’t apply either.

"I therefore firmly believe that a City Deal model tailored to our own specific purposes in Derry would allow us to grow into the future and can work."

(CD)

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