Business activity in the private sector slowed down in July for the first time in months across all areas (but especially in construction and retail), according to the latest survey from the Ulster Bank purchasing managers’ index (PMI). However it seems that most businesses are still very optimistic about what the rest of the year …
Investment Summit In Belfast Will Show Why NI Is A Good Place To Do Business In
The investment conference, which is due to take place in Belfast next month (Sept 12th to 13th), will be a great opportunity to show businesses how far Northern Ireland have come and why it is such a fantastic place to work in. Business leaders believe that the country has a good package to offer investors, …
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Business Confidence Returns With A Vengeance In NI
It’s a pleasure to see that business confidence is really beginning to soar here in Northern Ireland, with all the key business indicators turning very positive indeed. In the latest quarterly economic survey (QES) report, produced by economist Maureen O’Reilly for the NI Chamber of Commerce and BDO NI, the figures showed a healthy momentum …
Top Companies In Northern Ireland Show Encouraging Results
A report by Ulster Business has revealed that the top companies here in Northern Ireland have shown a striking rise in sales over the past 12 months. The Ulster Business Top 100 Northern Ireland Companies 2023 have had a rise in sales of 16.6% during the past year, with a sales turnover of £30.7 billion …
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Another Day, Another Interest Rate Rise
It does feel rather like Groundhog Day as we sit here digesting the news that there has been yet another interest rate rise announced today by the Bank of England, this time the rate has been increased by 0.25%, meaning that the base rate is now at a 15 year high of 5.25%. Hitting Households …
Alcohol Duty Revamp Goes Down Badly With Hospitality Industry
The changes to the alcohol duty which come into force today have not gone down too well with the hospitality industry in Northern Ireland, saying that the increases on certain drinks will heap more economic pressure on clubs and bars. And that these increases will have to be passed on to the consumer with the …
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Remote Working On The Wane In Northern Ireland
There are less people working remotely from home in Northern Ireland than any other part of the UK, according to the latest analysis from economists at Ulster University. The rate of working remotely across the UK for employees averages around 31%, but here in N Ireland there are now only 17% of employees working at …
Less Job Vacancies But Optimism In Labour Market Remains
A quarterly survey by hiring platform NIJobs has revealed that the labour market has slightly softened over the last few months, but even so optimism remains high among job seekers and it is revealed that 1 in 3 people are looking for new jobs. Main Reason For Wanting To Change Job Is For A Higher …
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