A new report by Northern Ireland Chamber of Commerce and Industry, and BDIO, has found that most businesses are optimistic that they will see growth this year, but they also believe that they will have to raise their prices to consumers, leading to more inflationary pressure. Turnover Expected To Increase In 2022 Although just over …
Economy Expected To Grow But Inflation Concerns RemainRead More
As we start the year Angela McGowan, the CBI Northern Ireland Director, has set out their vision for 2022 and how this can be achieved over the next few months. She admits that trading conditions have been incredibly tough over the past year, with the pandemic, supply chain issues, labour shortages and the changes brought …
The latest figures from Ulster Bank in their recent PMI Report suggest that the economic recovery in Northern Ireland has slammed on the brakes due to a combination of strong inflationary pressures and the Omicron variant of Covid-19 which has proven so infectious. Supply chain disruption is also still an issue for a great many …
Combination Of Inflation & The Omicron Variant Slowing Economic RecoveryRead More
We are taking a look at farming in our blog today, with Land Mobility Programme manager John McCallister speaking about the importance of generational renewal in the farming community in Northern Ireland, and how this must be a priority for policy makers. Establishing New Support Measures For Farming Talking about the latest discussion document in …
The Land Mobility Programme And Generational Renewal On FarmsRead More
Let us take this opportunity in our first blog post of 2022 to wish all of you a very Happy New Year. And as it is a brand new year we thought we would start the year on a positive note and look at the coming year with our glass at the very least half …
There have been calls for the Northern Ireland Executive to get ready to relaunch the furlough scheme if the data from the Omicron virus gets increasingly concerning, as it seems to be doing on a daily basis at present. First Minister Michelle O`Neill urged them not to wait until the government at Westminster acted, but …
As it is nearing the end of the year we thought we would take the time to look back at 2021 and the ups and downs that the economy faced throughout the year. The last two years have been real roller-coaster years due to the effects of you know what, and here we are still …
An audit office report has revealed that an emergency support scheme, set up for small businesses who were being badly affected by Covid restrictions during lockdown, may have paid out a total of £13.5 million to businesses who were not eligible. Not only that it seems unlikely that a great deal of this money will …
Emergency Support Scheme Mistakenly Paid Out Grants To Businesses Who Weren`t EligibleRead More
