FF pledge to review spread of investment

FIANNA FAIL would revamp industrial policy to ensure a better spread of inward investment and provide new incentives for small…

FIANNA FAIL would revamp industrial policy to ensure a better spread of inward investment and provide new incentives for small business, according to its deputy leader, Ms Mary O'Rourke.

Announcing a Fianna Fail jobs document yesterday, she said the party would give a higher priority to sustaining jobs and would commission a study into how many new jobs But of the thousands of announcements actually materialised over the last decade.

The party also have a plan to tackle long term unemployment. This involved a jobs programme for 25,000 people that would pay the going rate for a job and help to reintegrate those involved into the jobs market.

New measures were also proposed for small business and the services sector. The party was pledging to tax profits under £100,000 at 25 per cent and profits between £100,000 and £250,000 at 30 per cent. The party would also aim to reduce corporation tax to 10 per cent by 2010.