53% of manufacturers are expecting to raise prices over the next quarter Confidence around turnover and profitability is improving for both manufacturing and service sectors 54% of members traded well/reasonably during Q1, although 1 in 3 are still finding trading conditions challenging 41% of businesses report difficulties in adapting to new trading arrangements following the […]

The Northern Ireland Business Alliance comprises of the Confederation of British Industry, the Centre for Competitiveness, Institute of Directors,  and the Northern Ireland Chamber of Commerce and Industry. In a joint statement the leaders said: “We are deeply saddened to witness the violence over recent days and utterly condemn the incidents that have taken place […]

Northern Ireland Chamber of Commerce and Industry (NI Chamber) has announced that Randox, the UK and Ireland’s largest diagnostics company, is its newest Patron organisation. As a new NI Chamber Patron, Randox joins a select group of leading businesses, who lend their support to the development of the region’s economy and business community. The partnership […]

Andrew Griffith MP, the recently appointed UK Net Zero Business Champion, addressed a group of senior business leaders at this week’s NI Chamber and SONI Energy Forum. Mr Griffith was appointed by the Prime Minister as the UK’s Net Zero Business Champion, to support the business community to make credible plans to meet net zero […]

Responding to the Chancellor’s Budget statement, Ann McGregor, Chief Executive, Northern Ireland Chamber of Commerce and Industry (NI Chamber) said: “Businesses will broadly welcome many aspects of today’s Budget, in particular the extension of the furlough scheme, which provides relief for firms facing enormous cash-flow pressures as a result of the pandemic. “Providing additional, on-going […]

Results from the latest Northern Ireland Chamber of Commerce and Industry (NI Chamber) survey on the impact of Coronavirus confirm the extent of the impact COVID-19 has had on business to date. Among the findings from the survey of NI businesses, which took place between 25-29 January 2021, are: More than half (54%) have seen […]

69% of survey respondents believe prospects for the NI economy in 2021 are weak 38% believe prospects for their own business this year are weak 35% of members plan to reduce capital investment Just 19% are completely confident their business can survive in spite of changing policy interventions The latest Quarterly Economic Survey (QES) published […]

Commenting on the support measures for business announced by the Chancellor Rishi Sunak, Northern Ireland Chamber of Commerce and Industry (NI Chamber) Chief Executive Ann McGregor, said: ‘Whilst this immediate cash flow support for business is welcome, there is however a fear that it will not be enough to save all firms, especially those across […]

Year ahead will see companies rethink tried and trusted business models, supply chains and market strategies says NI Chamber President Ian Henry.