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 …
A Look Back At The Key Economic Pointers In 2021
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 …
Emergency Support Scheme Mistakenly Paid Out Grants To Businesses Who Weren`t Eligible
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 …
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Businesses Without Electricity As Storm Barra Reaches Northern Ireland
As predicted Storm Barra hit our shores today and it has caused quite a few problems with some residential areas and businesses without power as we write this article. It is estimated that around 4,000 homes and businesses have been without electricity so far, with the strong gale force winds likely to carry on well …
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Should The Holiday At Home Scheme Have Been Scrapped?
The Holiday At Home scheme was arranged as a way of boosting the tourism industry in Northern Ireland, the scheme would have offered holiday makers in the country £100 off local tourism stays. However it seems that departmental officials got cold feet over the scheme and decided that it would not provide enough value for …
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Worrying Times For The Hospitality Industry
In normal times the hospitality sector would be gearing up for its busiest time of the year as Christmas approaches, with Christmas parties at the forefront of their thoughts. But as we know these are far from normal times and there is a great deal of uncertainty as to whether there will be further Covid …
Can Businesses In Northern Ireland Significantly Reduce Their Carbon Footprint?
It is easier for some businesses to reduce their carbon footprint than others. Any business that at present relies heavily on using fossil fuels to drive their industry will obviously find it much harder and it could take some time to make the transition to more renewable sources of energy. Reducing Emissions Per Employee In …
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Northern Ireland Economy Recovering Quicker Than Rest Of The UK
The Office for National Statistics (ONS) has published figures which show that Northern Ireland has bounced back after the lockdown period better than any other part of the UK. The recent statistics find that the output of the economy here is only 0.3% below where it was at the end of 2019, before we were …
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