It is very hard to negotiate a path between growing a business without becoming burdened with too much debt. Businesses must exercise prudence, but at the same time debt can be used as a valuable tool to expand their operations at certain points. They have to find that healthy balance between debt and equity. Exercising …
Why Businesses Must Strike The Right Balance Between Growth And Too Much DebtRead More
The latest report by NI Chamber and BDO NI has revealed that over 70% of businesses in Northern Ireland are struggling to fill staff vacancies with suitable candidates. Businesses are also concerned about inflationary pressures which are still ongoing, along with rising labour costs, business rates and energy bills. The report also finds that the …
The industrial derating policy which is currently in place has come under fire from, among others, People Before Profit MLA Gerry Carroll, who has described the policy as obscene at a time when public services are suffering from grave under-funding and the Stormont Executive is under severe financial pressure to make further budget cuts. Mr …
Local businesses will be getting a letter from Reval2026 in the next few weeks and this letter will ask them to give up-to-date information which will help provide data for a rates revaluation exercise. This information will then be used as a contribution to working out future bills. So from April 2026 this new non-domestic …
Local Businesses Urged To Help With Rates Revaluation By Submitting FormsRead More
Investment guru Justin Urquhart Stewart was very bullish about the economic prospects in Northern Ireland when he spoke to Ulster Business recently. He believes there has been a very positive change in the air, in fact more than most other regions in the UK, but he did point out that NI businesses need to look at …
Positive Signs Of Business Growth But NI Needs To Attract More Investors Says Business GuruRead More
As it is the start of the financial year we thought we would pick out 10 key considerations for businesses to look at. We hope this list proves useful to you if you do have a business and of course if you require any assistance with any of the items below please give our friendly …
10 Key Considerations To Mull Over At The Start Of The Financial YearRead More
Yesterday, April 1st, saw a rise in the minimum wage from £10.42 an hour to £11.44 an hour. Also, where previously you had to be 23 and over to qualify for the National Living Wage, this has now been brought down to 21 and over. Rise In The Minimum Wage A Boost To Around 1 …
Minimum Wage Increase Boosts The Low Paid But Some Businesses Raise ConcernsRead More
The latest figures from the NI Statistics and Research Agency (Nisra) reveal that the economy in Northern Ireland contracted by 0.2% in the final quarter of last year. The private sector remained pretty flat over this period, but it was the public sector output that declined. Public Sector Strikes Have Certainly Had An Effect On The …
Contraction In N Ireland Economy Down To Decline In Public Sector OutputRead More
