The Chancellor has had to perform a humiliating U-turn on his proposals to scrap the 45p top rate of income tax after it created widespread panic in the mortgage and pension sector, as well as huge criticism from both opposition parties and his own Conservative Party. The scrapping of the top rate of tax had …
Kwasi Kwarteng U-Turn On Scrapping Of Top Rate Of TaxRead More
Kwasi Kwarteng, the Chancellor of the Exchequer who has only just got his feet under the table a week or so ago, faces a barrage of criticism after his mini budget has forced a host of mortgage lenders to withdraw their products. Interest Rates To Be Ramped Up In A Bid To Curb Inflation Many …
Chancellor Under Pressure After Mini Budget Causes Chaos To Mortgage MarketRead More
Invest NI have developed a new support programme, ‘Ambition To Grow’, to support the growth of local SME businesses across Northern Ireland. It is particularly focusing on SME’s who are looking to export their products and create new jobs in the country. New Support For Local Businesses This new innovative support programme was launched today …
In welcome news the British Business Bank Start Up Loans programme is being expanded which should help more new entrepreneurs in Northern Ireland. Previously the start up scheme was for businesses that had been trading for 2 years or less, but the financial support is now being extended to businesses that have been trading for …
The British Business Bank Start Up Loans Scheme Is To Be ExpandedRead More
The planned hike in corporation tax to be paid by companies was scrapped by the new Chancellor Kwasi Kwarteng on Friday during the emergency mini budget announcement. The rate will remain at 19% and this announcement was welcomed by many business groups in Northern Ireland. Welcome Interventions At A Critical Time In the Belfast Newsletter, …
Scrapping Of Planned Increase In Corporation Tax Welcomed By NI BusinessesRead More
The situation over the cost of living crisis and high energy bills has become so dire that a new survey has revealed that around 25% of businesses in Northern Ireland believe they may have to close down over the next few months. This is not a particularly surprising response from the business community as they …
Survey Reveals 1 In 4 Businesses Face Risk Of Closure Over Next Few MonthsRead More
The new regional chair of the Federation of Small Businesses Northern Ireland Policy Board, Alan Lowry, insists that the FSB is doing, and will continue to do, everything in its power to help all their members keep their businesses solvent and trading in these tough times. Businesses Under Immense Pressure At The Moment He is …
The stark warning that half of the takeaway businesses in Northern Ireland could face closure this winter has been made by the NI Takeaways’ Association, who believe that government intervention as soon as humanly possible is the only solution to the growing cost of doing business crisis. 60 Takeaways Have Already Closed Over the last …
Half Of Northern Ireland Takeaways Could Face ClosureRead More
