A plea to Our Politicians; please spend the emergency funding you have been allocated by the Chancellor as he intended and on the basis of need…

Following the publication of my recent article on Monday literally pleading for Stormont to reallocate money from its capital budgets to stop the collapse of the local economy, it is pleasing to hear Westminster announce targeted financial support for Northern Ireland. However, the pronouncements from our Politicians in recent days as to how they are going to spend these funds is however deeply worrying and their approach needs to be challenged and scrutinised to ensure these funds are not wasted …

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If Stormont wants save the social fabric of NI and save jobs, it is going to have to sacrifice the funds set aside for its pet projects and focus on what is needed for preserving our way of life…

As the Covid-19 Pandemic continues to spread and government measures to contain the virus are rolled out, it is becoming clear that many businesses in NI will not make it through this crisis in particular SME’s and businesses in the retail and hospitality sectors. The difficulties in trading in NI are well documented as business struggle with the highest levels of local taxation in the world through the ridiculous business rates system we have here and the literally endless red …

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Retailers in Northern Ireland could now pay more than twice as much in rates as English retailers…

When Chancellor Philip Hammond presented his budget earlier today, he announced significant financial assistance to help small and medium-sized high street retailers in England, lobbing 1/3 of business rates bills for properties with an NAV lower than £51,000. It is still unknown whether similar savings will be extended to the struggling retailers of Northern Ireland. Technically the revised Barnet Formula will allow for such savings to be included in future Northern Ireland Budgets, however due to the current Stormont impasse, …

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Forget Corporation Tax. Our high business rates are putting local shops out of business and killing our town centres…

Many of you may remember this famous 1980 Queen Hit, a song about dying in a gunfight, but in 2015 could be equally interpreted as a commentary on the death of retail and commercial businesses located in all the Town and City Centres of Northern Ireland. Many commentators have given their opinions as to the demise of the traditional high street and suggested that it is due to changes in shopping habits, the growth of the internet, the growth of …

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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 the opening of a pub (although perhaps that’s another matter entirely). The digital media, financial and media jobs are without a doubt greater net contributors …

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