The Danske Bank has revised its forecast for 2026, saying that it expects the Northern Ireland economy to grow by 1% next year rather than the 1.4% that was previously predicted. However the forecast for this year is slightly more cheering, as they had expected 0.9% growth, but now they predict 1%. As with all …
NI Economy Forecast To Grow By 1% This Year And Next According To Danske BankRead More
According to a recent report by TheCityUK, entitled ‘Enabling Growth Across The UK 2025’, the financial and related professional services sector is showing exceptional growth in Northern Ireland. The sector has grown in NI more than in any other region of the UK over the last decade, both in terms of gross value added and …
Financial Services Sector In NI In Rude Health Says ReportRead More
The Federation of Small Businesses (FSB) Chair Alan Lowry has written a stinging attack on how the post-Brexit Windsor Framework is holding back businesses from trading. The Windsor Framework was supposed to give Northern Ireland the best of both worlds, as it would have a foot in both the EU and UK camps with dual …
Complexities & Uncertainties Of Windsor Framework Holding Back Trade Says FSB ChairRead More
The latest survey by Hospitality Ulster reveals that the hospitality sector is in a state of crisis, with over 25% of businesses operating at a loss, and another 20% in the sector just about breaking even. Colin Neill, chief executive of Hospitality Ulster, believes the Executive at Stormont should be doing so much more to …
In welcome news yesterday (Mon June 23rd), the Secretary of State for the Department for Business and Trade, Jonathan Reynolds MP, announced that there will be an extra £2.6 billion of new capital committed through the British Business Bank, to help provide funding and promote growth for the economy in Northern Ireland and the other …
Extra £2.6 Billion Of New Capital Announced To Help Fund GrowthRead More
The Economy Minister Dr Caoimhe Archibald shrewdly chose Employee Ownership Day last Friday (20th June), to announce a new funding package amounting to just less than £100,000, which will go towards supporting the growth of employee ownership in Northern Ireland. The expansion of employee ownership certainly makes a lot of sense. It gives workers a …
Funding Package Announced To Support Employee Ownership In NIRead More
The latest survey from Ulster Bank has revealed that the private sector returned to growth mode last month (May 2025), which is always a very encouraging sign. This is the first increase in the last 6 months so it will be heartily welcomed by businesses across Northern Ireland. The Ulster Bank produces a ‘business activity …
A new report compiled by Chartered Accountants Ireland, entitled ‘Enhancing Our Competitiveness’, has called for a swift reduction in the rate of corporation tax to help businesses in Northern Ireland be more competitive. They believe that this would increase investment, drive economic growth and create countless new jobs across the region. The fact that Northern …
Accountancy Body Calls For More Competitive Rate Of Corporation TaxRead More
