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28/09/2001
CBI Chairman calls for decommissioning
CBI Northern Ireland Chairman, Mark Ennis, has called upon the province’s paramilitary groups to disarm, and in doing so, to “take the initiative” on the issue of decommissioning.
Mr Ennis was speaking at a recent CBI lunch in Belfast, which was convened to review the impact of the current political situation upon the future economic fortunes of Northern Ireland. Addressing the detrimental effect that such uncertainty would have, he said: “If we are to attract inward investment and grow entrepreneurial firms, we need to get our house in order and the foundation for that is political stability.”
The most recent Business Confidence Survey from CBI Northern Ireland suggests that levels of optimism regarding the future of the Northern Ireland economy have fallen to the lowest level ever recorded by the organisation.
The current atmosphere of political instability was referred to by respondents as a vital issue impacting on business confidence, especially in the long-term.
In addition, the results from the CBI survey – carried out over September 2001 – indicate the existence of widespread pessimism across both the manufacturing and service sectors, with negative trends being exhibited in every category. Northern Ireland market demand is now falling in tandem with UK market demand, with the manufacturing sector in either economy experiencing the steepest decline.
While the strength of sterling continued to pose problems for business, difficultly in obtaining labour was the other concern most often cited by those approached by the CBI. The issue of recruitment was seen to be a problem across all sectors and types of business, from technical production staff, engineering consultants, skilled building tradesmen to accounting staff. Increasing levels of competition, low margins, and a general slowdown in economic conditions were also seen as areas of concern. (CL)
Mr Ennis was speaking at a recent CBI lunch in Belfast, which was convened to review the impact of the current political situation upon the future economic fortunes of Northern Ireland. Addressing the detrimental effect that such uncertainty would have, he said: “If we are to attract inward investment and grow entrepreneurial firms, we need to get our house in order and the foundation for that is political stability.”
The most recent Business Confidence Survey from CBI Northern Ireland suggests that levels of optimism regarding the future of the Northern Ireland economy have fallen to the lowest level ever recorded by the organisation.
The current atmosphere of political instability was referred to by respondents as a vital issue impacting on business confidence, especially in the long-term.
In addition, the results from the CBI survey – carried out over September 2001 – indicate the existence of widespread pessimism across both the manufacturing and service sectors, with negative trends being exhibited in every category. Northern Ireland market demand is now falling in tandem with UK market demand, with the manufacturing sector in either economy experiencing the steepest decline.
While the strength of sterling continued to pose problems for business, difficultly in obtaining labour was the other concern most often cited by those approached by the CBI. The issue of recruitment was seen to be a problem across all sectors and types of business, from technical production staff, engineering consultants, skilled building tradesmen to accounting staff. Increasing levels of competition, low margins, and a general slowdown in economic conditions were also seen as areas of concern. (CL)
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26 July 2012
Northern Hydraulics Engineers Investors In People Success
Coalisland precision engineering company Northern Hydraulics is one of 37 organisations from across Northern Ireland today awarded with the prestigious Investors in People (IiP) accreditation. Dr Stephen Farry, Minister for Employment and Learning, congratulated those receiving the business award at a celebration event held in Hillsborough Castle.
Northern Hydraulics Engineers Investors In People Success
Coalisland precision engineering company Northern Hydraulics is one of 37 organisations from across Northern Ireland today awarded with the prestigious Investors in People (IiP) accreditation. Dr Stephen Farry, Minister for Employment and Learning, congratulated those receiving the business award at a celebration event held in Hillsborough Castle.
25 July 2016
New Director Announced For CBI NI
The Confederation of British Industry has announced the appointment of a new Northern Ireland Director. Angela McGowan will succeed retiring Director, Nigel Smyth, after 26 years of service.
New Director Announced For CBI NI
The Confederation of British Industry has announced the appointment of a new Northern Ireland Director. Angela McGowan will succeed retiring Director, Nigel Smyth, after 26 years of service.
13 September 2001
Confidence in the Northern Ireland economy at all time low
A Business Confidence Survey published by CBI Northern Ireland has revealed that confidence in the Northern Ireland economy has fallen to its lowest level since the Survey was started in 1986.
Confidence in the Northern Ireland economy at all time low
A Business Confidence Survey published by CBI Northern Ireland has revealed that confidence in the Northern Ireland economy has fallen to its lowest level since the Survey was started in 1986.
08 July 2009
All-Ireland Business Plan Launched
A cross-border partnership has launched a plan to work together on commerce and business development. A party of business leaders on both sides of the border put improving infrastructure, skills and innovation at the heart of their four-year action plan.
All-Ireland Business Plan Launched
A cross-border partnership has launched a plan to work together on commerce and business development. A party of business leaders on both sides of the border put improving infrastructure, skills and innovation at the heart of their four-year action plan.
24 April 2002
High performance culture key to NI economic success
A high performance culture, both in government and in business circles, is key to Northern Ireland’s economic success. This was according to Sir Reg Empey, Minister for Enterprise, Trade and Investment, who was speaking at the third annual Belfast Telegraph Northern Ireland Business Awards at the Ramada Hotel, Belfast.
High performance culture key to NI economic success
A high performance culture, both in government and in business circles, is key to Northern Ireland’s economic success. This was according to Sir Reg Empey, Minister for Enterprise, Trade and Investment, who was speaking at the third annual Belfast Telegraph Northern Ireland Business Awards at the Ramada Hotel, Belfast.
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Northern Ireland WeatherThis Evening and Tonight:Rain clearing away east by early evening with some clear spells but a few showers likely to affect the North coast and other areas towards dawn, remaining breezy and mild overnight. Minimum temperature 9 °C.
