Topic Archives: Economy

Why would you bother investing in Northern Ireland?

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Retired Irish Civil Servant Niall MacSuibhne (formerly the Irish Revenue dept) writes about what attracts multinationals to a region Ernst & Young publishes an annual review of Foreign Direct Investment in Europe and has done so for some years. These “attractiveness reports” as they are quaintly called give a continent wide picture of trends within the FDI 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…

Transport options for Belfast. Who gets priority on our roads?

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Andy Boal explores the transport options for Belfast It’s been interesting to read the responses to Brian’s post, but I’ve had a good look at the DRD’s proposed budget cuts and the consequences for public transport. It’s grim reading. Before we get into that, let’s start with a few principles. First of all, there is limited more…

The Flag Dispute: Anatomy of a Protest published by Queen’s

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Today saw the publication of a report by researchers from the Institute for the Study of Conflict Transformation and Social Justice at Queen’s University Belfast, ‘The Flag Dispute: Anatomy of a Protest.’ It offers two key recommendations: A review of the outcomes of single identity work, coupled with additional programmes in loyalist areas that promote more…

NI’s exchequer transfers make us a more prosperous society than the south…

Interesting report from Maynooth finds that Northern Ireland is more prosperous than Ireland, indeed DUP run Castlereagh leads the affluence league for the whole island followed by Dún Laoghaire-Rathdown, North Down, Antrim and Lisburn…. Carl O’Brien in the Irish Times reports: Unemployment levels across many parts of Northern Ireland, for example, are half the rates south more…

Has Sturgeon thrown a spanner in the works over Corporation Tax?

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There is increasing speculation that the Chancellor, George Osbourne is to announce that Corporation Tax powers will be devolved to Northern Ireland. All of the main parties here support the move, so you would think it would be relatively simple to do it. However, the Scottish First Minister, Nicola Stugeon might have just thrown a more…

Heenan-Anderson Commission launches with appeal for ideas to tackle economic marginalisation & deprivation

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Shadow Secretary of State Ivan Lewis launched his Heenan-Anderson Commission at lunchtime. The co-chairs – academic Deirdre Heenan and businessman Colin Anderson – were announced nine weeks ago and together an expert panel will examine the reasons for economic marginalisation and deprivation in Northern Ireland and provide recommendations to address the long-standing issues and improve more…

Joseph Ruane on ‘Ireland’s Crises: North-South Intersections': From the Taming of the Celtic Tiger to the Rise of Sinn Fein in the Republic

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Professor Joseph Ruane, Visiting Professor of Sociology at University College Dublin and Professor Emeritus University College Cork, presented the 25th John Whyte Memorial Lecture last week at Queen’s on ‘Ireland’s Crises: North-South Intersections.’ Ruane’s wide-ranging talk focused primarily on crises in the Republic of Ireland. Ruane described the Republic as a ‘multiple interface periphery’ because more…

With DEL cuts of 10.8% NI Executive will be encouraging local talent to leave Northern Ireland

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Professor Deirdre Heenan is Pro Vice Chancellor for Communications and Provost of Coleraine and Magee in the Ulster Univerity. She writes here on the long term depressive effect of proposed cuts to the funding of the two major universities in Northern Ireland. Relevant, accessible skills, innovation, new technology and productivity; these are factors that underpin more…

Gerry Adams: “There is a clear need for more innovative and forward-looking politics…”

By which, the passive-aggressive Sinn Féin president actually means, the SDLP must join Sinn Féin in a sectarian electoral pact in “the next Westminster and Assembly elections”, and the year after that, and the year after that… because… themmuns! To paraphrase, if Sinn Féin can get away with treating all future Northern Ireland elections as a glorified pissing contest 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…

The attraction of Ireland to (US) Multinationals – Is it the weather?

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As part of our series of posts on the economy, retired Irish Civil Servant Niall MacSuibhne (formerly the Irish Revenue dept) writes this post on the how the republic attracts so many US Companies to Ireland.  “Ireland works.”, a tax director from PwC once said to me. “It isn’t the lowest tax rate around, it isn’t the cheapest location in more…

If we are going to have cuts, let’s start at the top…

Time to reduce MLA's?Photo by: Dom0803

We received this letter from a Senior Civil Servant, we are republishing it in full. There has been significant talk over these past few days on the budget cuts and the impact these will have on the public sector. However before we all jump to our usual stereotypical conclusions I would like to present my more…

We’re just managing poverty (and those who experience it) rather than tackling and overcoming it

This is my response to an article on Slugger O’Toole describing welfare reform as the “horror show“. The article itself was excellent, in the sense that it gave an entirely fair commentary of many of the opinions held on welfare reform (albeit limited to a particular, often unrepresentative sector). However, most of these are based 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…

CNBC: Ireland we hardly knew ye!

I know we like to think that our wee island packs a punch beyond its size, but any illusion that we are a household name kind of comes crashing down with one interview on one of America’s most respected financial networks CNBC. If you have not been following this story, the Chief Executive of the more…

#ChallengingRacism report dispels migrant myths

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In a publication that is reminiscent of the NI Peace Monitoring Reporting, two QUB academics have collated statistics across a range of topics – population, employment, housing, benefits, economy, healthcare, education, crime and social cohesion – in order to dispel (rather than substantiate) some of the myths about migrants. UKIP’s MLA David McNarry challenged some more…