Recent analysis is showing that there was a huge total of 306,078 invoices that were overdue in Northern Ireland in the third quarter of this year, that is up from 286,357 overdue invoices in the 2nd quarter. Over 27,000 businesses reported invoices that were overdue from customers, which will have put many of them under …
Police In Bid To Reduce Business Crime
Business crime is an ever-present and worrying blot on the landscape in Northern Ireland, costing businesses huge amounts of money they can ill afford to lose and adding to their stresses and strains. So it is to be applauded that the police are looking to target business crime and have planned a week of action …
Energy Price Cap For Businesses Finally Announced
The long awaited news that there will be an energy price cap for businesses in Northern Ireland will come as a welcome relief for many of them, as they can now begin to plan ahead with some degree of certainty. Fixing Gas And Electricity Prices For 6 Months The announcement was made a few days …
Private Sector Contracts Further As Orders Fall
The private sector in Northern Ireland contracted further in September, the fifth consecutive month that it has reduced its activity. The blame is being put squarely at the door of falling new orders, more cost increases and worsening economic conditions. Contraction Very Much To The Fore In September In a statement about the worrying trend …
Shoppers Showing Caution As Footfall Decreases In N Ireland
It is unsurprising that shoppers are showing caution in their buying patterns as the cost of living crisis turns up another level as we head towards the winter months. The latest data shows that on the high streets of Northern Ireland footfall fell in September on three year comparisons. This data has been drawn from …
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Trade Body Leader Calls For Action On Business Energy Prices
A trade body leader has said the lack of clarity with regards to subsidies on businesses energy bills is totally unacceptable. The government has introduced a price cap for households, but not as yet for businesses, and this is causing a great deal of anxiety in the business community. Uncertainty is one of the worst …
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Kwasi Kwarteng U-Turn On Scrapping Of Top Rate Of Tax
The Chancellor has had to perform a humiliating U-turn on his proposals to scrap the 45p top rate of income tax after it created widespread panic in the mortgage and pension sector, as well as huge criticism from both opposition parties and his own Conservative Party. The scrapping of the top rate of tax had …
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Chancellor Under Pressure After Mini Budget Causes Chaos To Mortgage Market
Kwasi Kwarteng, the Chancellor of the Exchequer who has only just got his feet under the table a week or so ago, faces a barrage of criticism after his mini budget has forced a host of mortgage lenders to withdraw their products. Interest Rates To Be Ramped Up In A Bid To Curb Inflation Many …
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