Whilst the private sector is showing encouraging signs of growth not all areas are looking promising as we see signs of a two speed economy emerging. The latest survey by the Ulster Bank has found that the manufacturing and services sectors have expanded nicely in June, whereas the retail and construction sectors have reduced their …
Private Sector Grows But Signs Of A Two Speed Economy EmergingRead More
The Department for Infrastructure (DfI) has warned that they will have no option but to overspend this year as the stalemate between the political parties at Stormont continues. At present there are no sitting politicians to make all the important decisions regarding budgets etc that are vital for all the various government departments in Northern …
It is very encouraging to hear that there has been an increase in the number of new start up businesses across Northern Ireland during the past 12 months. This is the 9th consecutive year that this has been the case, before this there had a been a marked period of decline for around 6 years, …
Whisper it quietly but it looks like there may be early signs that inflation is beginning to show signs of easing, which would be terrific news for the economy, businesses and the whole population of Northern Ireland. There Are Still Significant Cost Of Living Pressures Tesco boss Ken Murphy is certainly very bullish about the …
Are There Early Signs That Inflation Is Starting To Ease?Read More
The chief executive of the British Business Bank, Louis Taylor, has announced that a new investment fund will be launched this coming autumn which will have £70 million of funding to help small businesses in Northern Ireland initially survive, but ultimately thrive and grow. They want to provide funding which will give businesses the finance …
New Investment Fund For Small Businesses To Launch In AutumnRead More
It is great to hear that there was economic growth in the private sector in Northern Ireland for the fourth month in a row. But the rate of growth certainly slowed in the month of May and many economic experts are putting this down to both the rise in interest rates and the stagnation at …
Economy Grows Once More But Interest Rate Rises Begin To BiteRead More
It comes as welcome news to traders who import goods, that they will be able to reclaim the tariffs paid on some of these goods, in a new scheme which will start operating by the end of this month. The tariffs were applied to goods which the authorities classified as at risk of moving into …
Importers Will Be Able To Reclaim Tariffs On Certain Goods By End Of MonthRead More
A recent research paper from the Department for the Economy says that air travel is likely to become increasingly expensive going to and from Northern Ireland. This should be no surprise to anyone really as rising energy costs and the impact of air travel on the environment will mean that air travel is going to …
Air Travel To Northern Ireland Likely To Become Increasingly ExpensiveRead More
