Economy minister Gordon Lyons is delighted by the impact that the Covid-19 Productive Investment Capital Grant (PICG) has had, a grant which has been funded through the Economic Recovery Plan developed by Invest Northern Ireland. Investing In New Technology & Processes The grant has helped over 100 businesses survive and recover from the effect that …
Minister Delighted By Popularity Of Productive Investment Capital Grant SchemeRead More
There was a total of 545 debt judgements against businesses in Northern Ireland last year, which was just slightly up on the year before (2020) when there was 539 judgements. However the total value of them rose by around 18% on the previous year, up to £2.7 million in 2021 compared to £2.2 million in …
It has been revealed that over £25 million has been paid out to more than 2,000 hospitality businesses through the Omicron Hospitality Payment scheme in Northern Ireland. The payments have been based on the businesses rateable value and have gone out to restaurants, cafés, coffee shops, bistros, snack bars, nightclubs, pubs and social clubs as …
Hospitality Businesses Benefit From Omicron Hospitality PaymentRead More
In a big boost to the travel industry the government have confirmed that, from February 11th, Covid tests will no longer be needed when arriving in Northern Ireland as long as you are fully vaccinated. Fully Vaccinated Travellers Will Not Have To Isolate Here are the changes to the rules as laid out in an …
Covid Travel Tests Into Northern Ireland Will Be Scrapped For The Fully VaccinatedRead More
In April of this year the government plan to restrict the usage of red diesel in a bid to cut carbon emissions and improve the air quality within the UK. From April red diesel can only be used for agricultural, rail transport and non-commercial heating purposes, but not in the construction industry. Industry sources claim …
Restriction Of Red Diesel Usage Could Damage Construction IndustryRead More
A report out yesterday claimed that late payments are a huge issue for the majority of small and medium businesses in Northern Ireland. This has become a bigger problem with customers paying late during the pandemic, which probably isn`t surprising but it certainly does not make life any easier for firms. 94% Waiting On Late …
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 …
