3 in 4 firms highlight a significant fall in revenue 1 in 10 have no cash reserves and a further 63% have less than 3 months cash reserves 80% intend to furlough some or all of their employees over the next week 30% intend to furlough all of their employees Almost 80% of businesses here […]

Welcoming the Chancellor’s announcement on further measures to boost financial support for businesses affected by Coronavirus, NI Chamber President Ian Henry said: “We are pleased that the Chancellor is listening and responding to the concerns of businesses who are urgently trying to access financial support. “Firms may be able to avail of rates relief and […]

Welcoming measures outlined by the Chancellor of the Exchequer to support the self-employed and sole traders whose businesses have been affected by Coronavirus, NI Chamber President Ian Henry said:   “The Chancellor’s announcement offers a lifeline to the vast majority of self-employed people, many of whom have seen their livelihoods vanish overnight. “I have personally […]

“Government now needs to go all out to ensure that details of the job retention scheme and loan guarantees reach firms on the ground as soon as possible” Commenting on the further measures announced by the Chancellor to help businesses hit by the impact of Coronavirus, NI Chamber Chief Executive Ann McGregor said:  “The Chancellor […]

Government should consider introducing a scheme that subsidises the salaries of workers under threat of redundancy due to the COVID-19 crisis, the leaders of four leading business membership organisations in Northern Ireland have said. The call was made by the NI Business Alliance, a partnership between the Confederation of British Industry Northern Ireland (CBI NI), […]

The leaders of four leading business membership organisations in Northern Ireland have announced that they have established a COBRA style committee aimed at supporting businesses through the COVID-19 crisis, whilst acting as a direct conduit to Government. The Business Alliance is a partnership between the Confederation of British Industry Northern Ireland (CBI NI), and the […]

NI Chamber President Ian Henry (Henry Group) has been in Washington with Business Alliance colleagues Adrian Doran (Chair CBI NI and Barclays) and Gordon Milligan (Chair IoD NI and Translink). They are pictured with Economy Minister Diane Dodds MLA and new NI Envoy Mick Mulvaney.

Responding to the Chancellor’s Budget statement, Ann McGregor, Chief Executive, Northern Ireland Chamber of Commerce and Industry said: “The Chancellor’s Budget statement contains a range of measures which will be essential for protecting jobs and businesses during what is set to be a turbulent period for the economy. He has been clear that coronavirus will […]

Responding to the Bank of England’s announcement that interest rates will be cut from 0.75% to 0.25% in the wake of the Coronavirus outbreak, Ann McGregor, Chief Executive of Northern Ireland Chamber of Commerce and Industry (NI Chamber), said: “Businesses will welcome the action taken by the Bank of England to support the economy in […]