Protocol may not be reason for NI economy growth, Tory MP says

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Protocol may not be reason for NI economy growth, Tory MP says
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Europe Minister James Cleverly says it is not yet clear what is causing NI's 'outperformance'.

Giving evidence to a House of Lords committee James Cleverly was asked if the NI Protocol was contributing to Northern Ireland "outperformance"

Data from the Office for National Statistics suggest that among the UK regions only NI and London have seen output return to pre-pandemic levels.NI service sector output is now 4.9% above the pre-pandemic level seen in the final quarter of 2019 while average UK service output is 1.4% above its Quarter 4 2019 level.

The ONS also cautions that regional data is more volatile than national estimates and so needs to be carefully interpreted alongside economic trends both in the regions and in the UK. However, it also means that goods entering NI from GB face a range of controls which is adding to cost and complexity for businesses.

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