Finance Minister Sammy Wilson

“Plans to reduce Corporation Tax in Northern Ireland have clearly not been thought through”, the Workers Party says.

The criticism came as Finance Minister Sammy Wilson announced that the cost of introducing this measure has now been revised upwards to £400m per annum.

“The fiasco that now surrounds this proposal is a vindication of the Workers Party position from the outset”, said Party spokesperson John Lowry.

“This demonstrates that this fundamentally flawed proposal has not even been thought through by those who support it”, he said