Tag Archives | Economy

News of investment in NI may be good enough to be true

Wow! 36 deals worth £392 million secured in the first quarter of 2016 I admit I don’t really understand what the figures mean and how much accrues to people who live and work in northern Ireland. Still, it seems like good news for the professional classes in high tech. In the first quarter of 2015, more…

” Entrepreneurship is about building strong communities. It is about creating jobs and making business play its part in forming a better society for each of us to live and work in”

Gerry Carlile is a well known local businessman from West Belfast. He has written an interesting article about the need for a new generation of entrepreneurs to emerge in West Belfast to help drive the economy forward. This caught my eye as mostly it chimes with my own thinking that SME’s are Northern Ireland’s route more…

The Brexit debate showed how for once, it’s not really about us.

While all involved should be congratulated for staging it, goodness knows what the public made of the streamed Brexit debate. The horrible truth is that we are required to say  yes or no to a question which admits of no clear answer.  No one knows the cost of “uncertainty,” or the advantages of going it more…

“The report’s Canadian authors made their numbers add up by using a ‘Tory island’ model of small government, low taxes, free markets and no debt…”

In the Irish News, Newton Emerson has fun with the recent Sinn Féin re-launch [and re-re-launch! – Ed] of the report they commissioned, under cover of the “Knights of the Red Branch Inc”,  of the benefits of an economically right-wing united Ireland. From the Irish News An academic study showing Northern Ireland would be better off more…

“Would you favour a united Ireland?”

With Sinn Féin trying, again, to drum up interest in the report they commissioned of an ‘independent’ modelling of the benefits of an economically right-wing united Ireland, TheJournal.ie reports on the responses of the RTÉ Claire Byrne Live / Amarách Research Panel to the question, “Would you favour a united Ireland?”. From TheJournal.ie report The question was posed “Would you favour more…

The Chancellor leaves the NI Assembly’s Business Growth Strategy in Tatters following Budget 2016…

tax cut

Earlier today the Chancellor left the Northern Ireland Assembly’s Business Growth Strategy in Tatters following the release earlier today of Budget 2016. Many of us have argued on the Slugger Platform in recent years, that the current obsession by Stormont to put all of its economic eggs in the 12.5% Corporation Tax basket was misguided more…

Back to the future – the only possible headline

Delorean tombstone

  Even now it’s hard to believe it ever happened. Remember the famous gull wings of the pride of Dumurry? And its big sell as the saviour of Northern Ireland with Protestant workers using one door of the factory and Catholics another? As it was written so it must be true, in the era of more…

Renua Ireland launches General Election manifesto

[One of] Ireland’s newest political party parties, Renua Ireland, launched its general election manifesto today, and revealed its 18 candidates. The RTÉ report focuses on the proposal for a flat rate of income tax at 23%, and the party leader Lucinda Creighton’s bid for the party as a future coalition partner. Ms Creighton claimed no party more…

Irony-free Sinn Féin MLA to repay £900 postage bill

The BBC reports that Sinn Féin MLA Barry McElduff has agreed to repay nearly £900 in postage costs claimed from Northern Ireland Assembly allowances.  The cost relates to a circular letter sent in June to over 1000 households in the Drumragh electoral ward in Omagh, County Tyrone, complaining that “the Tories are robbing the assembly and every government department more…

When is “an independent study” on Irish unification not independent?

When it has been commissioned, under cover, by Friends of Sinn Féin USA, perhaps… Sinn Féin were quick to welcome the recent announcement of the “first-ever economic modeling [of the] economic benefits Of Irish unification” at the Harvard Club in Manhattan.  Twice, in fact.  An Phoblacht were too. The press release from Sinn Féin MEP, Matt more…

Martin McGuinness: “if the governments move as speedily as we have done, all of this could move very quickly”

After 9 weeks of behind-closed-doors talks, including an exclusive, super-sekrit, meeting in Downing Street with David Cameron, and a less sekrit meeting with Enda Kenny, the Northern Ireland First and deputy First Ministers emerged blinking into the light today to inform the waiting press that… “The core of that agreement, the substance, has already been more…

“The first and deputy first ministers held a private meeting with the prime minister in London..”

Back to political reality, because some recent posts have been less than relevant.  No names, no pack drill.  ANYhoo… As the BBC reports, following the Northern Ireland Secretary of State’s declaration that, “I think it is possible that we could have a deal next week“, the Northern Ireland First and deputy First Ministers, the DUP’s more…

“in which case, may I be the first to say well done Gerry.”

EU flag

Aided and abetted by the right-wing nationalists of the Independent Greeks, Alexis Tsipras has been returned to power in Greece at the head of a New Syriza “experiment” to implement the EU bail-out, and associated austerity measures, that the Old Syriza experiment was once elected to oppose.  Given the contortions Tsipras has put his party, more…

For the AssembIy solution, it’s the Stormont House agenda, stupid!

Amid all the sterile political sparring, the most significant development in the Assembly stand- off  has been the one that has been almost totally ignored – the UK governments’ publication of a summary of measures which would form the basis of a Northern Ireland  (Stormont House Agreement ) Bill  to be included in the Queens more…

Are you impressed with the latest Assembly moves?

Gaming in the Assembly crisis  reaches new heights ( or depths) with the DUP delivering an undisclosed ultimatum  to the secretary of state  and the Ulster Unionists implementing their own ultimatum by refusing to take part in talks on the basis of the Stormont House Agreement,  even though Mike Nesbitt’s way out of one part more…

Anti- austerity arguments are not limited to Sinn Fein, but a proper debate about the real impact of cuts is needed.

Anxiety and anger over budget plans including welfare cuts continue on both sides of the water. Amid the attacks on George Osborne for “ Tory austerity” in his  plans to cut public  spending  by a further £20 billion or 40% for unprotected  areas, a rough comparison of public spending as a share of GDP  suggests more…

“Still, there are words for the sort of reception meted out, and the most polite are ‘low’ and ‘key’.”

Meanwhile, back at the ranch… or, rather, as far away from the ranch as you can reasonably get…  For the benefit of those concerned about accountability and the democratic process…  Liam Clarke has some points to make about Northern Ireland Secretary of State, Theresa Villiers, and the Northern Ireland deputy First Minister Sinn Féin MLA Martin McGuinness’ recent, more…