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 …
Combination Of Inflation & The Omicron Variant Slowing Economic Recovery
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 …
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The Land Mobility Programme And Generational Renewal On Farms
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 …
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Reasons To Be Cheerful In 2022
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 …
Will The Furlough Scheme Be Relaunched?
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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