A recent survey by the NI Chamber of Commerce and Industry has revealed that most businesses in Northern Ireland were trading well, or at least reasonably well. 60% of the businesses that took part in the survey believed that their turnover would grow over the course of 2023, but on the negative side over 80% …
Winding-Up Petitions Could Be On The Rise In Northern Ireland
Hearings for creditor led winding-up petitions of businesses, which were suspended during the Covid-19 pandemic, have restarted once more, which in all probability will lead to a rise in insolvencies across Northern Ireland. Creditors can make the decision that the only way they can receive any money they are owed back from a business is …
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ShopKind Campaign Calls For Customers To Be More Considerate To Shop Workers
The ShopKind campaign has been launched and is running until Sunday 23rd April. Backed by the Home Office and over 100 retailers it aims to get across the message that the general public should be more kind and considerate in its dealing with shop workers. Many Retail Employees Frequently Get Verbally Or Physically Abused A …
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Private Sector Grows But Challenges Still Remain
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 …
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