We have long talked about the incredible pressures that businesses have been coming under over the last few months, with escalating prices for raw materials and ingredients, calls for higher wages to keep up with the rises in inflation, huge increases in energy bills with no end in sight, and a drop in demand for …
‘Cost Of Doing Business’ Crisis Leads To Action PlanRead More
Two support schemes, which were introduced in response to the Covid-19 pandemic in a bid to alleviate the pressure on retail and wholesale businesses across Northern Ireland, have helped over 700 businesses according to Economy Minister Gordon Lyons. Helping Businesses Grow Their Online Presence The two schemes in question are the Covid-19 Digital Selling Capability …
Covid Support Schemes Helping Businesses Across Northern IrelandRead More
The head of the Federation of Small Businesses (FSB) Northern Ireland, Roger Pollen, has called for the Department for the Economy to provide urgent assistance to small and micro businesses as they face escalating costs. And although he welcomes the commitment to introduce an energy discount scheme to local households he believes that businesses should …
FSB Calls For Urgent Help To Keep Small Businesses AfloatRead More
The latest survey of businesses in Northern Ireland by the Ulster Bank has shown that record inflation has meant that demand is falling across all sectors of the economy, with retail taking a particularly large hit. But one right spot appears to be that unemployment is staying very low, with companies still looking to recruit …
In yesterdays blog we looked at the crisis in consumer confidence which is pervading our shores here in Northern Ireland, but today we are looking on the bright side and checking out the latest news that businesses here are performing rather better overall than businesses in the rest of the UK. Businesses Showing A Great …
Northern Ireland Businesses Show Reasons To Be CheerfulRead More
This probably won’t be much of a surprise unless you have spent the last few months with your head in the sand, but recent figures show that consumer confidence dropped further in Northern Ireland as high prices for food and goods, along with high fuel and energy bills, really hit home. The whole of the …
With the double whammy of soaring inflation and reduced demand for goods and services as the general public struggle with the cost of living, a leading banking consultant has urged businesses to tread carefully over the next few months and to review their expenditure so that they can make cuts wherever they can. Navigating An …
Businesses Advised To Exercise Caution As They Negotiate The Difficult Economic ClimateRead More
According to the latest rebuilding Britain index of 20,000 people here in the UK by Legal & General, almost half of them are becoming increasingly concerned that they will not be able to keep up with their mortgage or rental payments as the year progresses. And the least confident people of being able to pay …
Survey Shows Nearly Half Of Homes Are Worried About Paying Their Mortgage Or RentRead More
