'This is a risk' - Labour Party on corporation tax cut plans

The business community is celebrating - after a major step towards a big tax cut for companies here. Legislation that would give Stormont the power to slash corporation tax has been unveiled by Secretary of State Theresa Villiers. Corporation tax is the tax on profits. It had seemed that the Labour Party could block the legislation. Now Shadow Secretary of State Ivan Lewis has made clear Labour will not oppose the legislation. Joel spoke to him just before we came on air this morning and asked him about his party's position