EDM 1755: Richard Madeley and the Northern Ireland economy

That this House strongly repudiates the recent comments made by television presenter Richard Madeley on Good Morning Britain in which he referred to Northern Ireland as economically close to being a basket case; notes that while Northern Ireland does receive a fiscal transfer from the UK Treasury, this is consistent with the functioning of a transfer union in which wealthier regions subsidise less affluent ones, a pattern repeated across the UK outside of London and the South East of England; highlights that the Office for National Statistics regularly records similar net fiscal deficits in other parts of the UK including the North West and North East of England; further notes that the phrase basket case is not an economic term of art and is typically associated with failed states suffering from hyperinflation, economic collapse, or international bailout, a categorisation which is wholly inappropriate and misleading when applied to Northern Ireland; regrets that such inflammatory language distorts serious discussion about regional economic performance; notes that the continued existence of an internal border down the Irish Sea as a result of the Northern Ireland Protocol and Windsor Framework only exacerbates economic uncertainty and hinders growth; and calls on media commentators to engage with the economic realities of all UK regions in a respectful, factual, and balanced manner.