Covid-19 set into motion the biggest health crisis for decades both here in Northern Ireland and across the globe. Of equally grave concern is that the effects of lockdown on businesses is triggering an economic emergency far worse than the financial crash of 2008. Sharp Decline In Business Activity The financial crash 12 years ago …
An Economic Emergency As Well As A Health EmergencyRead More
The Federation of Small Businesses in Northern Ireland has opened up on the effect that closures have had on so many businesses in the country and that further prolonged closures will mean that a high percentage will never reopen and many lives will suffer as a consequence. Further Closure Could Cost Lives Chair of the …
It is important that when businesses in Northern Ireland that are presently in lockdown are given the green light to start trading again, that they are fully prepared and ready to go with a well thought out plan of how to resume and thrive. Accessing Government Support Schemes Recently most businesses have been concentrating on …
Forward Thinking Needed For When Business Trading ResumesRead More
This will probably not surprise anyone greatly that the economy has suffered very badly since the coronavirus crisis broke out, with the Ulster Bank`s chief economist Richard Ramsey commenting that it had suffered its “fastest and deepest decline” ever, which is a very worrying state of affairs. Lockdown Has Huge Effect On Economy This is …
Economy In Northern Ireland Suffers Alarming DeclineRead More
Firstly we would like to wish you a very happy and peaceful Easter. This has certainly not been the type of Easter we are used to, but as long as we all stay safe and well and we look after the elderly and vulnerable that is all that really matters right now. Obeying The Lockdown …
If you are an employer and you are still not sure whether you can put zero hours workers on furlough, well the answer is yes you can. So let`s look at some of the details of furloughing an employee who is on a zero hours contract. Zero Hours Workers On PAYE You can furlough them …
News comes in this week that as many as 80% of businesses in Northern Ireland are aiming to put some or all of their staff on furlough during the next few days and weeks. Northern Ireland Businesses Furlough Staff This comes as the coronavirus crisis begins to bite hard at the economy and many businesses …
Businesses In Northern Ireland Putting Employees On FurloughRead More
In our blog today we thought we would share information on the Coronavirus Business Interruption Loan Scheme which is now active. No Personal Guarantees Required On Borrowing Under £250,000 It is heartening to see that significantly more businesses will have access to this scheme, rather than being forced down traditional lending routes, and the fact …
