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The Guardian - UK
The Guardian - UK
National
Lisa O'Carroll in Belfast

Hike in corporation tax will not deter US investors in NI, says Joe Kennedy III

Kennedy leaving meeting
Kennedy is a week into his trip to the region to mark the anniversary of the Good Friday agreement. Photograph: Clodagh Kilcoyne/Reuters

Rishi Sunak’s move to increase UK corporation tax to 25% will not deter US investors from flocking to Northern Ireland, Washington’s new economic envoy to the region has said.

Joe Kennedy III, scion of the famous US political dynasty, was speaking a week into his first trip to the region as part of Joe Biden’s promise to turboboost the local economy with up to $6bn (£4.8bn) of investment if power sharing is restored.

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