New figures show that the private sector in Northern Ireland is performing well, in March the sector grew at its fastest rate in the last 12 months. Consumer confidence also seems to be slowly returning and inflationary pressures are beginning to recede, although they are still above pre-pandemic levels. Only London With A Sharper Rate …
President Biden Calls For Return To Powersharing
US President Joe Biden visited Northern Ireland today (12th April 2023) and called for all sides in the country to get round the table and return to powersharing. He also believed there were great opportunities ahead if the past was left behind, as the 25th anniversary of the Good Friday Agreement was marked by his …
Businesses Face Rising Costs Across The Board
Now we are into April many businesses in Northern Ireland are finding that they are being hit from all sides by rising costs allied to less support from the government, a situation that could prove the final straw for many. Increasing Costs But Less Support It is the start of the new financial year and …
Business Performance Strong But Staff Shortages Remain In First Quarter
The latest data, as released by the Northern Ireland Chamber of Commerce and Industry (NI Chamber) in conjunction with business advisors BDO NI, in the shape of the Quarterly Economic Survey (QES), has found that business performance, along with business confidence, has greatly improved in the first quarter of the year. Positive That Turnover Would …
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UK Shared Prosperity Fund Aiming To Help People Back Into Work
Organisations across Northern Ireland are going to receive financial support through the UK Shared Prosperity Fund, which is aiming to help economically inactive people into employment. Eighteen different projects in the country are going to receive a share of the £57 million+ on offer from this fund. Growing The Economy By Improving Economic Activity Here …
UK Shared Prosperity Fund Aiming To Help People Back Into WorkRead More
37 Companies Benefit From The Ambition To Grow Programme
The Ambition To Grow Programme, which was launched by Invest NI and we have mentioned previously in one of our blogs, is going to provide financial assistance and support to at least 37 local companies across Northern Ireland. The main objective of this regionally focused support plan is to support ambitious, innovative SMEs that are …
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Service Sector Looks In Rude Health But Manufacturing Slows
The latest official figures for the economy in Northern Ireland appears to show the service sector in pretty rude health, but the manufacturing sector has seen a small fall in output overall. As the services sector is the major player in the Northern Irish economy this is very positive news. The sector grew by around …
Service Sector Looks In Rude Health But Manufacturing SlowsRead More
Experts Give Their Verdict On The Latest Budget
Jeremy Hunt delivered a budget yesterday which in some media quarters got a good response and others a not so great response, depending on which side of the fence they were on. So we thought we would look at some expert views from people in Northern Ireland to see what they thought the budget delivered …