Yesterday, April 1st, saw a rise in the minimum wage from £10.42 an hour to £11.44 an hour. Also, where previously you had to be 23 and over to qualify for the National Living Wage, this has now been brought down to 21 and over. Rise In The Minimum Wage A Boost To Around 1 …
Minimum Wage Increase Boosts The Low Paid But Some Businesses Raise ConcernsRead More
The latest figures from the NI Statistics and Research Agency (Nisra) reveal that the economy in Northern Ireland contracted by 0.2% in the final quarter of last year. The private sector remained pretty flat over this period, but it was the public sector output that declined. Public Sector Strikes Have Certainly Had An Effect On The …
Contraction In N Ireland Economy Down To Decline In Public Sector OutputRead More
Well we are very near the end of the financial year which of course means a very busy time for us! The tax year ends officially on April 5th, with the new tax year starting on April 6th. And having your accounts in order at the end of the financial year is not merely a …
Ensuring You Have Your Accounts In Order At The End Of The Financial YearRead More
Yesterday, Monday 25th March, the Bank of England’s monetary policy committee voted overwhelmingly, by 8 to 1, to freeze interest rates at the current level of 5.25%. Could this be a sign that we could actually see a cut to interest rates in the not too distant future? We all know why interest rates have …
Interest Rates Freeze Gives Hope For Businesses & ConsumersRead More
The director-general of the Confederation of British Industry (CBI), Rain Newton-Smith, has spoken of a new optimism among companies in Northern Ireland, as they see that the country is in a unique position, with dual access to both the EU and UK markets. However she knows that it will not be plain sailing and there …
CBI Director-General Believes Dual Market Access Gives NI Companies Reason For OptimismRead More
In today’s blog we thought we would look back in time at the origins of accountancy. From ancient Mesopotamia to the bustling financial districts of the modern world, the evolution of accountancy reflects humanity’s quest for order, transparency, and financial accountability. The Genesis: Ancient Beginnings The roots of accountancy can be traced back to the …
It has taken some time but it is a great relief to see that the Executive at Stormont is fully functioning once more. The paralysis that the country was under due to the Executive not sitting was stifling any momentum that could have built up after the Covid-19 pandemic. Now there is a genuine sense …
How The £3.3bn Financial Package For Northern Ireland Will Be AllocatedRead More
The latest figures from the Ulster Bank purchasing manager’s index has revealed that business activity grew last month (February 2024), with the manufacturing and services sectors showing a particular uplift in new orders. However the construction and retail sectors did not fare so well as they showed a small decrease in activity. Looking further into …
