Invest NI have developed a new support programme, ‘Ambition To Grow’, to support the growth of local SME businesses across Northern Ireland. It is particularly focusing on SME’s who are looking to export their products and create new jobs in the country. New Support For Local Businesses This new innovative support programme was launched today …
The British Business Bank Start Up Loans Scheme Is To Be Expanded
In welcome news the British Business Bank Start Up Loans programme is being expanded which should help more new entrepreneurs in Northern Ireland. Previously the start up scheme was for businesses that had been trading for 2 years or less, but the financial support is now being extended to businesses that have been trading for …
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Scrapping Of Planned Increase In Corporation Tax Welcomed By NI Businesses
The planned hike in corporation tax to be paid by companies was scrapped by the new Chancellor Kwasi Kwarteng on Friday during the emergency mini budget announcement. The rate will remain at 19% and this announcement was welcomed by many business groups in Northern Ireland. Welcome Interventions At A Critical Time In the Belfast Newsletter, …
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Survey Reveals 1 In 4 Businesses Face Risk Of Closure Over Next Few Months
The situation over the cost of living crisis and high energy bills has become so dire that a new survey has revealed that around 25% of businesses in Northern Ireland believe they may have to close down over the next few months. This is not a particularly surprising response from the business community as they …
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FSB Will Work With Members & Government To Find Solutions To Ongoing Issues Says Regional Chair
The new regional chair of the Federation of Small Businesses Northern Ireland Policy Board, Alan Lowry, insists that the FSB is doing, and will continue to do, everything in its power to help all their members keep their businesses solvent and trading in these tough times. Businesses Under Immense Pressure At The Moment He is …
Half Of Northern Ireland Takeaways Could Face Closure
The stark warning that half of the takeaway businesses in Northern Ireland could face closure this winter has been made by the NI Takeaways’ Association, who believe that government intervention as soon as humanly possible is the only solution to the growing cost of doing business crisis. 60 Takeaways Have Already Closed Over the last …
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Will Liz Truss Deliver Solutions To The Many Crises Facing Us All?
The news has just come through less than half an hour ago as we write this blog that Liz Truss will be the next Prime Minister of the UK. She has just won a hard fought, and rather bitter battle, against her final opponent Rishi Sunak to become the successor to Boris Johnson. The polling …
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‘Cost Of Doing Business’ Crisis Leads To Action Plan
We have long talked about the incredible pressures that businesses have been coming under over the last few months, with escalating prices for raw materials and ingredients, calls for higher wages to keep up with the rises in inflation, huge increases in energy bills with no end in sight, and a drop in demand for …
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