It does feel rather like Groundhog Day as we sit here digesting the news that there has been yet another interest rate rise announced today by the Bank of England, this time the rate has been increased by 0.25%, meaning that the base rate is now at a 15 year high of 5.25%. Hitting Households …
Alcohol Duty Revamp Goes Down Badly With Hospitality Industry
The changes to the alcohol duty which come into force today have not gone down too well with the hospitality industry in Northern Ireland, saying that the increases on certain drinks will heap more economic pressure on clubs and bars. And that these increases will have to be passed on to the consumer with the …
Alcohol Duty Revamp Goes Down Badly With Hospitality IndustryRead More
Remote Working On The Wane In Northern Ireland
There are less people working remotely from home in Northern Ireland than any other part of the UK, according to the latest analysis from economists at Ulster University. The rate of working remotely across the UK for employees averages around 31%, but here in N Ireland there are now only 17% of employees working at …
Less Job Vacancies But Optimism In Labour Market Remains
A quarterly survey by hiring platform NIJobs has revealed that the labour market has slightly softened over the last few months, but even so optimism remains high among job seekers and it is revealed that 1 in 3 people are looking for new jobs. Main Reason For Wanting To Change Job Is For A Higher …
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Recent Report Shows Worrying Levels Of Financial Distress In Family Households
A recent report has uncovered some disturbing statistics which show that many family homes in Northern Ireland are showing serious signs of financial distress, which could lead to major problems over the school holidays as parents struggle to feed and clothe their children. Combination Of Factors Creating A Perfect Storm The reasons for this financial …
Recent Report Shows Worrying Levels Of Financial Distress In Family HouseholdsRead More
CBI Calls For Business Tax Reform To Help Turbocharge Green Investment & Boost Competitiveness
The CBI have launched their case to reform the business tax system, entitled their Business Tax Roadmap. They believe that the tax system as it stands is not helping firms and is making them less competitive than their rivals overseas. They also believe that there is a real opportunity to turbocharge green investment in Northern …
How Not To Get Stung By Transaction Fees When Travelling Abroad
Those ‘non sterling transaction fees’ can really add up when you are on holiday if you are unsure on how to avoid them, so today we thought we would share with you an excellent article in the Belfast Telegraph today (17th July 2023) on how to plan ahead and avoid foreign currencies catching you out …
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Should We Embrace Or Be Concerned About Artificial Intelligence (AI)?
Artificial Intelligence, or AI as it is most commonly known, is very much the buzzword right now, as astonishing advances are being made in this incredible technology that is going to change the way we live and work in the future. But should we be feeling anxious about the power of AI or should we …
Should We Embrace Or Be Concerned About Artificial Intelligence (AI)?Read More