Tag Archives | Economy

Outsourcing solutions may be the secret of dealing with more than the past

Well, perhaps amid the encircling gloom the political parties have seen some light at last. The details of the agreement on welfare reform are awaited but it looks as if any new money will come from Westminster mainly to deal with the past which is surely fair. Adds: United Executive request for a total of £2.1 billion over 10 more…

£421.82 For The Arts or is it 13p?

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13p per person per week for the arts. £6.76 per person per year for the arts. £421.82 per person per lifetime (18-80.4) for the arts On the face of it, 13p For The Arts is a worthy and well run campaign, and of course those within the industry should campaign against cuts being imposed, I more…

What Stormont must do to convince Cameron to up his offer

Are the political parties still hoping that David Cameron will turn into a White Knight and Save Ulster from Austerity?  What does Stormont have to do to persuade him to answer  their pleas to up his offer? Among the elements are: devising a proper three year  plan for the first time so as the world more…

Is the arrival of Cameron and Kenny more than part of a tired old ritual?

 The credibility and effectiveness of the devolved institutions is on the line, writes  David Cameron. Sinn Féin MP Conor Murphy  warned if a deal isn’t done then the Northern Executive will “crash”. “The implications are that the Executive can’t continue to function. You go into a crash and you go back to an election and more…

I wish I had food banks when I was homeless

The topic of food banks came up this morning on social media and on BBC Talkback, it’s an area I have particular interest in because when I was younger, I spent some years (fairly important formative ones at that…) homeless. It wasn’t that I was living rough per se. I did spend a good few more…

RIP Fred Catherwood

All of forty years ago I sought  the views of Sir Fred Catherwood who has died aged 85, about Northern Ireland – I can’t remember what aspect exactly. I interviewed him in his  a large and rather bleak East Anglian house – a house rather like his religion I thought at the time ( rather unfairly). more…

Alcohol Pricing…on the up and up

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Taken at face value, I completely agree with Jim Wells. Taken at face value, I completely agree with Jim Wells…sorry, I had to write that again to make sure it wasn’t an autocorrect. Minimum pricing for alcohol is a sensible idea, I have long agreed that the off-sales industry with specific reference to supermarkets are more…

I don’t rate business rates

It is a truth universally acknowledged, that a business in possession of a premises must be in want of customers and an extra few bills to pay. Every property in the land pays rates of some description, which is fair enough because there are a lot of things to pay for! Except…we still have to more…

Corporation Tax: Picking The Wrong Fight

You might notice from time to time that Foster, DETI, OFMDFM et al. have a penchant for announcing jobs…except they tend to announce a certain kind of job; big jobs, high paying jobs, important jobs, graduate jobs. It’s tough to picture the big wigs rolling down the hill to announce a greengrocers expansion or for more…

Devo Max with corporate tax cut ” disastrous” for NI

This powerful case against the SNP’s Devo Max plans including a 3% cut in corporation tax is made in the academic  website The Conversation by  Arthur Midwinter Associate Professor, Institute of Public Sector Accounting Research at University of Edinburgh  and a former adviser to the former Labour leader in the Scottish Parliament  Johann Lamont. It more…

Corporation tax powers huge test for Stormont

The word is out that the government will grant  Stormont control over corporation tax when the Chancellor makes his Autumn Statement on 3 December.  Peter Robinson is  talking with the confidence of a done deal.  David Cameron gave a broad hint this morning as he was  grilled by  all the select committees chairs in the more…

Barnett formula bonus won’t last

The present and future  cuts may seem tough – and they are – but here I belatedly post the good news from the Institute for Fiscal Studies (IFS), s that they could be much worse, were it not for a” flaw “ in the Barnett formula for allocating the block grant.  The calculations presented in more…

Hamilton: “When faced with tough choices, we have made the right choices and chosen the best interests of the people of Northern Ireland”

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Two days ago Finance Minister, Simon Hamilton MLA presented his draft budget. Writing exclusively for Slugger, he argues that in this budget he has done what is right for Northern Ireland Constructing a Budget at any time is always a challenge. There is never enough money to spend on public services to meet all of more…

“Are you going to pay your water charges, Gerry?” – Redux

The Sinn Féin president, Gerry Adams, TD, would like to change his previous answer to the question.  Again.  Here’s his new new position on water charges “Sinn Féin is standing firmly with those families and hard pressed citizens who very simply cannot pay the Government’s water tax. As a mark of solidarity, I have decided that more…

North -South is a political gift going a-begging

Two cheers to the Financial Times (£) for giving space to one of the many topics that people in Northern Ireland who live close to it take for granted but shouldn’t. The story is headlined “Irish two-speed economy puts integration under pressure”. Sixteen years after the signing of the Good Friday Agreement that ushered in a more…

How do we unlock Northern Ireland’s tremendous potential?

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I still remember the spring of 2001. The palpable excitement I felt about something I’d dreamed of since my adolescence and, with sixth form drawing to a close, was finally in a position to realise: leaving Northern Ireland. I was one of the almost 18,000 who emigrated that year, a number that rose to just more…

Kicking the [financial] can down the road, again.

According to the BBC’s Mark Devenport, The Treasury has been asked to supply Stormont with a one-off loan of between £100m and £150m to ease its budgetary crisis, the BBC understands. According to the reports, the proposal was discussed with the UK Treasury by the NI First Minister, the DUP leader Peter Robinson, and the more…