New orders for private sector firms in Northern Ireland took a tumble at the end of last year. Subsequently output fell, but there is maybe a chink of light at the end of a very long tunnel as inflationary pressures are showing signs of easing. This news is according to the Ulster Bank purchasing managers’ …
Private Sector In Northern Ireland Shrinks As New Orders SlowRead More
On Monday the Chancellor of the Exchequor Jeremy Hunt announced that there would be a cut to the financial support that is currently being offered to non-domestic energy customers. This will probably mean a very sharp rise in energy bills for a whole range of companies in Northern Ireland, as the new scheme being offered, …
Cuts To Financial Support For Energy Bills Could Hit Businesses HardRead More
As inflation rose to a figure of 10.7% in the UK, according to the latest data for the month of November, NI civil service staff have been offered a pay rise of just £522, apart from the lowest paid workers, which is the equivalent of a 1.9% pay rise to a typical member of staff. …
Civil Service Pay Offer Branded Derisory And Insulting By Union BossRead More
Thankfully for many hospitality businesses in Northern Ireland the Christmas period was a very busy time for them and the tills kept on ringing as people enjoyed some festive cheer after a couple of miserable Covid-stricken years. Spending on hospitality was back to pre-pandemic levels by all accounts which must have been a huge relief …
Will A Busy Christmas Be Enough For Hospitality Businesses To Keep The Wolf From The Door?Read More
In a New Year statement NI Chamber President Gillian McAuley looked optimistically into the future and set out her business priorities which she believes will help the country thrive in 2023. She particularly focused on how Northern Ireland can achieve its 2030 climate change commitments and in doing so fire up the economy through green …
NI Chamber President Sets Out Business Priorities In New Year AddressRead More
A recent report by Barclays Corporate Banking has revealed that goods with a total of £1.2 billion in value are lingering in warehouses across Northern Ireland as a result of supply chain issues. These issues have plagued the manufacturing sector since the pandemic and they have still not gone away, which is a shame as …
Supply Chain Issues Mean That There Are Goods Across N Ireland Lingering In WarehousesRead More
It was better late than never for many retailers in Northern Ireland in the Boxing Day sales as footfall increased significantly from the previous year. The increase in shoppers on a year to year basis was higher than any other region in the UK, but this is perhaps not that surprising as here we had …
Christmas Turns Up Late For Retailers As Footfall IncreasesRead More
Households across Northern Ireland will receive a £600 energy support payment early next year to help them with their bills the UK government has announced. They will do this by funding the electricity companies directly, so then householders who pay their bills by direct debit will automatically receive the £600 in their bank accounts, which …
£600 Energy Support Payments For Households AnnouncedRead More
