Businesses in Northern Ireland reported the sharpest fall in new orders in the UK last month, according to an Ulster Bank survey.Every month the bank asks firms from across the private sector about things like staffing levels, exports and new orders.All 12 UK regions contracted in October.
Ulster Bank Chief Economist, Richard Ramsey, said Northern Ireland firms posted the biggest drop in incoming work last month of the 12 UK regions. "Firms suggest that this pick-up in hiring is linked to long-standing recruitment difficulties and rebuilding workforces following the pandemic."
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Business confidence in Northern Ireland lowest since summer 2020Business confidence in Northern Ireland continues to fall amid increased cost pressures and economic uncertainty We need an emergency VAT cut in hospitality or 75% of it is gone.Ww just can't sustain it anymore energy bills and high food cost are killing us.All that will be left is mcdonalds and starbucks absolute disgrace Brexit well and truly taking its toll now! endamcclafferty Thank you Joe Biden and the everybody's favourite war, Ukraine. It's funny how everyone has forgotten about the complete an utter debacle of Afghanistan withdrawal. POTUS is the biggest failure in modern day foreign policy. This Whitehouse has damaged the west!
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