Although the overall number of crime incidents was down by 6% during the period between April 2023 to March 2024, compared to the previous 12 months, the number of shoplifting incidents spiralled according to figures published by the Police Service of Northern Ireland (PSNI). The statistics show that shoplifting was up by nearly 20%, a …
Wages Continue To Grow In Northern Ireland
Wages have been on the rise in the last few months across the UK and Northern Ireland is no exception to the rule. Wages were on the up again in April figures show, with an average persons monthly pay now rising to £2192. They have increased by 6.8% over the last 12 months here in …
FSB Calls For Cut In Corporation Tax
With the Republic of Ireland having set their corporation tax rates at 12.5% for small businesses and 15% for larger businesses, it certainly does put Northern Ireland at a disadvantage in comparison, when they and the rest of the UK have a standard 25% corporation tax rate. A Catalyst For More Investment To Come Into …
£20 Million Energy Fund To Offer Support To Local Businesses
Business grants are going to be available for local businesses who wish to purchase and install energy efficient equipment in a bid to reduce their carbon footprint and in turn reduce their energy consumption. This new £20 million fund has been launched today, it’s named the Energy Efficiency Capital Grant (EECG) fund, and it will …
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Tourist Numbers From Republic Up By Half In 2023
In what is excellent news for the tourist industry in Northern Ireland, the most recent data from the Central Statistics Office (CSO) has revealed that the number of visitors from the Republic to the North was up by nearly 50% last year, in comparison to the previous year. There were around 1.3 million visitors from …
Shop Workers In The Firing Line As Reports Of Assaults Increase
It is a sad indictment of our society that assaults on retail workers have escalated so much over the last few years. Here are some statistics from a recent report called ‘Working Together’ that makes sorry reading: A large majority of retail staff that took part in the survey, 67%, have been victims of violence …
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Why Businesses Must Strike The Right Balance Between Growth And Too Much Debt
It is very hard to negotiate a path between growing a business without becoming burdened with too much debt. Businesses must exercise prudence, but at the same time debt can be used as a valuable tool to expand their operations at certain points. They have to find that healthy balance between debt and equity. Exercising …
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New Report Reveals Recruitment For Vacancies Is Still Challenging With Inflation And Labour Costs Also A Concern
The latest report by NI Chamber and BDO NI has revealed that over 70% of businesses in Northern Ireland are struggling to fill staff vacancies with suitable candidates. Businesses are also concerned about inflationary pressures which are still ongoing, along with rising labour costs, business rates and energy bills. The report also finds that the …