Sunak says NI businesses ‘don’t need to worry’ about rising corporation tax

British prime minister Rishi Sunak holds a Q&A session with local business leaders during a visit to Coca-Cola HBC in Lisburn, Co Antrim in Northern Ireland. Mr Sunak is visiting Northern Ireland to sell the Windsor Framework deal secured with the European Union. Picture date: Tuesday February 28, 2023.

Rishi Sunak has insisted businesses “don’t need to worry” about a planned hike in corporation tax from 19% to 25% in April.

The British prime minister, who is facing a rebellion over the policy as senior Tory MPs demand the rise is stopped, was challenged over the increase during a visit to Northern Ireland.