The latest report by the EY Economic Eye looks very encouraging for Northern Ireland’s future prospects. Their projections forecast that the NI economy will grow by 1.1% this year and then 1.8% in 2025. Also employment is forecast to increase by 1% this year and by 0.7% in 2025. A number of factors have come …
Is Underinvestment Holding Northern Ireland Back?
The Stormont committee chair Deborah Erskine has spoken out about the lack of investment into Northern Ireland, which she believes is holding the country back and making it uncompetitive. She made her comments at the latest DUP conference where she stated that the shortage of funding was slowing down the house-building process and also leading …
Businesses Across NI Working Towards A Net Zero Strategy
It is heartening to see that there are lots of businesses across Northern Ireland taking the bull by the horns and embracing the goal of reaching net zero. They are doing this not just for the greater good and to reduce the impact of climate change, but to position themselves to benefit from the opportunities …
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Sunday Trading Hours Could Be Extended In Belfast
Belfast City Council are looking at a proposal to extend Sunday trading hours in Belfast. The idea is to run a pilot scheme for around 6 weeks which would relax opening time hours to give businesses in the city more time to trade on a Sunday. At a meeting the Council agreed by 18 to …
New Report Suggests Innovation Activity In Decline
Until very recently I had no idea that there was such a thing as an ‘Innovation Survey’ but there seems to be a report about most things these days! As the name suggests, the UK Innovation Survey looks at the rate of innovation among businesses in the different regions of the UK. In the years …
Management & Leadership Training Required For SME’s
A new study, which has been produced by the Ulster University Economic Policy Centre, has found that SME’s in Northern Ireland are lagging behind the rest of the UK when it comes to formal management and leadership training practices. These sort of practices are vital in developing SME’s to ensure they fulfill their potential. However …
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What Makes A Good Accountant
In this blog article we thought we would share our thoughts on “What Makes A Good Accountant”. Here goes, we definitely think we tick all of the below boxes! A good accountant is more than just someone who crunches numbers. They possess a unique blend of skills and qualities that enable them to provide invaluable …
Surge In Business Start-Ups In Northern Ireland
The latest data has shown that there has been a large rise in business start-ups in Northern Ireland. The figures, compiled by insolvency and restructuring trade body R3, show that there were over 130% more start-ups in July this year, compared to the same month in 2022. The figures were also over 45% higher than …