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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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 …
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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 …
Economy Showing Upturn In Fortunes
The Northern Ireland economy is showing real signs of improvement. This is according to Ulster Bank’s Richard Ramsey who seems bullish about what is in store for businesses over the next 12 months after a recent survey of 200 firms by the bank showed lots of positivity. A Rise In Output And New Orders A …
Investment Fund Aims To Help Small Businesses
The Investment Fund for Northern Ireland is set to be launched this autumn in a bid to help the smaller businesses around the country thrive and grow. The Investment Fund is being launched by the British Business Bank and it is expected that there will be a total of £70 million invested in Northern Ireland. …