Menu
14/03/2023
Chancellor Urged To Support Jobs And Businesses In Budget
Chancellor Jeremy Hunt must bring forward clear proposals and money to protect jobs and support local businesses in his Budget to be announced on Wednesday.
Urging the Chancellor to support workers, families and businesses, Sinn Féin's finance spokesperson Colm Gildernew said: "The British Chancellor must bring forward clear proposals and money to protect jobs and support local businesses who are struggling with increased overheads and costs.
"The VAT rate for hotels and tourism businesses should be cut to 12.5% to cut costs for businesses, but also bring tourism VAT rates into line with the rest of the island.
"A scheme to cut sky-high energy bills should also be introduced for businesses, especially those who rely on high energy usage while running their business.
"Likewise, the cut to fuel duty that is helping to keep travel costs down for workers and families must continue. People simply cannot afford any more hikes to fuel prices."
Urging the Chancellor to support workers, families and businesses, Sinn Féin's finance spokesperson Colm Gildernew said: "The British Chancellor must bring forward clear proposals and money to protect jobs and support local businesses who are struggling with increased overheads and costs.
"The VAT rate for hotels and tourism businesses should be cut to 12.5% to cut costs for businesses, but also bring tourism VAT rates into line with the rest of the island.
"A scheme to cut sky-high energy bills should also be introduced for businesses, especially those who rely on high energy usage while running their business.
"Likewise, the cut to fuel duty that is helping to keep travel costs down for workers and families must continue. People simply cannot afford any more hikes to fuel prices."
Related Northern Ireland News Stories
Click here for the latest headlines.
27 September 2021
Chancellor Urged To Extend Furlough Scheme
Northern Ireland's Finance Minister, Conor Murphy, has written to the Chancellor urging him to extend the furlough scheme beyond the end of September to help support businesses and workers.
Chancellor Urged To Extend Furlough Scheme
Northern Ireland's Finance Minister, Conor Murphy, has written to the Chancellor urging him to extend the furlough scheme beyond the end of September to help support businesses and workers.
24 March 2022
Spring Statement 'Does Not Go Far Enough'
Chancellor Rishi Sunak's Spring Statement does not go far enough to support people and businesses facing spiralling fuel and energy costs, Finance Minister, Conor Murphy has said.
Spring Statement 'Does Not Go Far Enough'
Chancellor Rishi Sunak's Spring Statement does not go far enough to support people and businesses facing spiralling fuel and energy costs, Finance Minister, Conor Murphy has said.
24 September 2021
Businesses Urged To Support High Street Support Scheme
Retailers, hospitality and services sectors across Northern Ireland are being urged to show their support for the High Street Support Scheme, which opens for applications between 27th September and October 25th.
Businesses Urged To Support High Street Support Scheme
Retailers, hospitality and services sectors across Northern Ireland are being urged to show their support for the High Street Support Scheme, which opens for applications between 27th September and October 25th.
27 May 2022
Finance Minister To Ensure Energy Payments Are Made In NI
Finance Minister, Conor Murphy, has said that he is committed to working with Treasury to ensure the Energy Bills Support Scheme will provide assistance to citizens here given the absence of an Executive.
Finance Minister To Ensure Energy Payments Are Made In NI
Finance Minister, Conor Murphy, has said that he is committed to working with Treasury to ensure the Energy Bills Support Scheme will provide assistance to citizens here given the absence of an Executive.
29 September 2010
Exchequer Will Cut NI 'Carefully'
NI's budget share from the UK Exchequer will be reduced by £2bn over four years. That's the bad news emanating from yesterday's meeting between the First and Deputy First Ministers (pictured) and the Chancellor, George Osborne in London.
Exchequer Will Cut NI 'Carefully'
NI's budget share from the UK Exchequer will be reduced by £2bn over four years. That's the bad news emanating from yesterday's meeting between the First and Deputy First Ministers (pictured) and the Chancellor, George Osborne in London.
-
Northern Ireland WeatherToday:The day will be very windy with strong to gale force westerly winds becoming occasionally severe along the north coast. Sunny spells will be interspersed with scattered showers. Maximum temperature 8 °C.Tonight:West to northwest gale force winds, severe along the north coast, will continue overnight. Frequent showers persist, merging into longer periods of rain at times and turning wintry. Minimum temperature 1 °C.
