‘Unacceptable’ violence and rioting over flag in Belfast has cost $24 million
Traders hit by losses over Christmas season as protests continue in the city
Speaking at Westminster, Secretary of State Theresa Villiers said the damage inflicted to the economy has been "considerable". "Huge efforts have been made in recent years to project a modern, confident, outward-looking Northern Ireland that's a great place to do business, she added.
"But the pictures beaming round the world of riots and disorder make it far, far harder to compete in the global race for inward investment, jobs and livelihoods are under threat so it is essential that these protests and this violence stops now."
Unionists on Belfast City Council said they will press for a rates cut to help traders affected by the disruption over flags. A joint statement from the DUP and UUP laid the blame on nationalists and the Alliance Party for "pushing through" the flag policy changes.
Sinn Féin accused them of "abdicating responsibility" and asked them to explain to people where the cuts would come from to pay for a rates cut.
The issue will be discussed by the council in February.
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