Mr Kearney said NI may not be able to afford a cut in corporation tax as a "consequence of the ongoing austerity crisis"
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Corporation tax: Declan Kearney warns NI executive may not be able to afford cut

A senior Sinn Féin member has warned that the NI Executive may be unable to afford a cut in corporation tax.

Mr Kearney said that under current austerity plans, that would not be affordable.

It would cost an estimated £300m a year to cut the tax rate from its current 20% to 12.5%.

BBC News NI Business Correspondent Julian O'Neill reports.

  • 12 Jun 2015