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 …
100% Rates Relief Offered To Businesses Seriously Affected By The Floods
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 …
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Business Activity Drops Once More As Confidence Wanes
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 …
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Survival Rates For Companies In NI Healthy In Comparison To Rest Of UK
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 …
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Flooding Leaves Many Businesses Devastated By Their Losses
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 …
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High Business Rates Damaging The Hospitality Industry Says Chair Of Hospitality Ulster
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
Women In Business Group Celebrate 21 Years Milestone
The Women in Business Group (WiB) have just celebrated their 21st anniversary. This influential group started back in 2002 with 40 members, but they have grown considerably since then, with over 470 Northern Ireland business leaders, members and supporters at their annual chair’s lunch at the Titanic in Belfast. Creating A Prosperous And Inclusive Economy …
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Chair Of Chartered Accountants Wants To Unleash Northern Ireland’s Potential
Paul Millar, the newly elected chair of Chartered Accountants Ulster Society, wants to unleash the full potential of Northern Ireland by embracing the entrepreneurial culture. In his first address, at the 116th meeting of the Ulster Society where he succeeded Emma Murray, he talked about how chartered accountants should be inspired by entrepreneurs and buy …
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