The latest report by independent business rescue and recovery specialist Begbies Traynor has revealed that there was a huge rise in businesses suffering acute financial distress in the last quarter of 2023. There were nearly 40% more businesses showing they had major financial worries in the last quarter when compared to the previous year, which …
Huge Rise Reported In Businesses Suffering Acute Financial DistressRead More
Starting a new business can be an exhilarating journey, but it comes with a myriad of challenges and responsibilities. Among the crucial decisions you’ll need to make, hiring an accountant should be at the top of your list. While some entrepreneurs may view it as an additional expense, the benefits of having a skilled accountant …
How Accountants Can Play A Crucial Role For Anyone Starting A New BusinessRead More
The latest report by the purchasing managers index, from the Ulster Bank, has shown that there was a slight rise in business activity at the end of last year. However this rise was most likely down to a completion of outstanding business, rather than a burst of new business activity, so it would be wrong …
Slight Rise In Business Activity In December But Real Growth Remaining ElusiveRead More
Latest reports suggest that over 200 businesses in Northern Ireland became insolvent last year, which is a similar figure to the previous year. This is a sad reflection of the difficult trading conditions which have made life so difficult for so many businesses, large and small, right across the country. Figures Come From The Insolvency …
The latest figures from the Northern Ireland Retail Consortium (NIRC) has revealed that footfall in our town and city centres was 4.7% lower in December 2023 compared to the previous December. The reason for the downfall has been put down to inflationary pressures on families leading to the cost of living crisis, and the public transport …
Footfall Down During Festive Period For Retailers In NIRead More
There is no doubt that maintaining financial integrity is paramount for sustained success. Auditing services play a pivotal role in ensuring the accuracy, transparency, and compliance of financial records, providing businesses with a solid foundation for decision-making and stakeholder trust. Skilled accountants such as us can bring their expertise to the forefront, offering invaluable auditing …
Enhancing Your Business Integrity With Our Auditing ServicesRead More
A report by the Ulster University Economic Policy Centre (UUEPC) has revealed that the sickness absence rate hit a worrying 8 year high in Northern Ireland in 2022, which works out at around 6 days sickness absence per worker in the 12 month period. The UUEPC has worked out that this is a direct salary cost …
NI Chamber of Commerce and Industry president Cathal Geoghegan has made a wide ranging New Year statement, calling on all sides of the political debate to get together to ensure that public services in Northern Ireland are transformed, there is a focus on green growth as well as prioritising economic prosperity for all. As with …
