North's corporate-tax cut 'no threat to South': Gilmore

A potential cut in the North's corporate tax rate to the level in operation in the South is not a threat to the Republic’s economy, Tánaiste Eamon Gilmore has insisted.

Stormont ministers are lobbying the UK Treasury for the powers to set their own corporation tax in a bid to kick start the region’s flagging private sector by making it more competitive with the South.