On the face of it Northern Ireland being allocated an extra £75 million in last weeks Autumn Statement by Chancellor Jeremy Hunt sounds like good news. But when you hear that all this money will be swallowed up to reduce the overspend that Stormont have built up then the overall picture doesn’t seem so rosy. …
Money Allocated For NI In Autumn Statement To Be Used On OverspendRead More
If you are a taxi driver in Northern Ireland you may or may not be aware that stricter tax checks have been announced for you to comply with, in a bid to ensure that all the drivers are on a level playing field and staying within the law. There are nearly 8,000 taxi drivers in …
The British Business Bank has announced a new £70m fund to support small businesses in Northern Ireland. Called the Investment Fund for Northern Ireland, it has been set up to help support innovative business ideas and create local opportunities for new and scaling businesses who have had problems getting funding to back them in previous …
There has been welcome news that any business in Northern Ireland that has been seriously affected by the recent flooding will receive 100% rates relief. They will receive this rates relief starting from November 1st and it will run on until March 31st of next year. As well as the above, Secretary of State Chris …
100% Rates Relief Offered To Businesses Seriously Affected By The FloodsRead More
The latest report from the monthly Ulster Bank purchasing managers’ index (PMI) has painted a rather gloomy picture of the private business sector in Northern Ireland. Business activity has fallen for the 4th month in a row, with new orders further declining and the rate of job creation also slowing down. This has led to an …
Business Activity Drops Once More As Confidence WanesRead More
New figures posted by Inform Direct have revealed that companies in Northern Ireland are more likely to survive for 5 years or more than in any other region of the UK. This is very much a feather in the cap for the N Ireland business community who are showing commendable resilience and fortitude in what …
Survival Rates For Companies In NI Healthy In Comparison To Rest Of UKRead More
The flooding in parts of Northern Ireland this last week has left lots of businesses counting the cost as the flood water has ripped through their premises. Areas that have been particularly badly hit include Downpatrick, Newry, Kilkeel and Portadown. Thankfully the water levels are slowly starting to recede so that the clean up operations …
Flooding Leaves Many Businesses Devastated By Their LossesRead More
Businesses in Northern Ireland are paying higher than average business rates when compared to other parts of the UK. This situation, according to Stephen Magorrian of the Horatio Group who is also the chair of Hospitality Ulster, is causing enormous damage to the hospitality industry at a time when they are crying out for more support …
High Business Rates Damaging The Hospitality Industry Says Chair Of Hospitality UlsterRead More
