The latest statistics suggest that the economy in Northern Ireland is growing, with the services sector at the forefront of this momentum. Data shows that the economy expanded by 1.4% overall in the first quarter of this year, compared to the first quarter last year (2023). The services sector, as we mentioned, performed particularly well, …
Services Sector Performing Well As Economy Grows In First QuarterRead More
The title of this blog may be a little bit deceiving if you don’t correctly read the small print. So inflation came down with regard to grocery prices in May for the 9th month in a row, with statisticians telling us that the inflation rate of 8.5% is the lowest rate since back in December …
Inflation Falls On Food Prices For 9th Month In A RowRead More
It is certainly good news that the inflation rate was down to 2% last month (it was 2.3% in April), however this does not mean that everything in the garden is rosy as prices are still rising, just not quite as quickly as before. And there are other cost pressures that are weighing heavily on …
Profit Margins Getting The Squeeze In Hospitality SectorRead More
According to Enterprise NI there has been a record number of borrowers receiving support from them during the course of the last 12 months. This surge for funds from the entrepreneurial-minded, says the company, can only be good news for the business sector and the economy. Here are some of the figures from Enterprise NI, …
Enterprise NI Believes Entrepreneurial Surge For Loans Is Good News For EconomyRead More
A recent study by Hays, the recruitment specialist, has found that job seekers applying for work are less likely to use AI (artificial intelligence) tools to help them with the application process than other parts of the UK. And the same is true for workers, who on the whole do not use AI tools as …
Job Applicants And Workers Less Likely To Use AI Tools In Northern IrelandRead More
The unemployment rate in Northern Ireland is still falling, it fell to 2.2% from February to April of this year and this is lower than any other region in the UK. Conversely the proportion of people working in NI was 71.3% and although this is the highest figure since before Covid-19 hit our shores, it …
There are many things that can give a business some encouragement for the future, but there is nothing quite like a sharp rise in new orders to give them that feel-good factor. Well this is exactly what has happened during the course of last month (May 2024) with new orders rising more quickly than they …
The NI Chamber of Commerce has created a new business led manifesto, ‘Mission: Business Growth’, in conjunction with Stratagem and developed in partnership with member businesses and trade bodies in a variety of sectors, which they believe would create real business growth in Northern Ireland. It has created this manifesto ahead of the upcoming General …
‘Mission: Business Growth’ Calls For More Support From Westminster Ahead Of ElectionRead More
