26/06/2023

NI Businesses In Urgent Need Of Restored Executive

Northern Irish businesses are in urgent need of the restoration of the Executive to seize the "huge economic opportunities available to us to create jobs and strengthen the economy", Sinn Féin MLA Conor Murphy has said.

Speaking after meeting with businesses leaders at Stormont today, Monday 26 June, the party's economy spokesperson said: "Today we met with representatives from the local Chambers of Commerce and a wide range of business representatives on the current political situation.

"The clear and collective message from our local businesses is that they need the Executive up and running now to seize the economic opportunities available to us and to tackle the challenges facing businesses from rising costs.

"We now have access to both the EU and British markets – circumstances that are the envy of economies all over the world – that presents us with a major competitive advantage as a result of the recent Protocol deal.

"This huge economic opportunity can help existing businesses to thrive by creating jobs and expanding their operations, but also to attract more inward investment, particularly as the eyes of the world remain on the north as we celebrate 25 years of peace. 

"It is clear we need an Economy Minister in place to grasp those opportunities, and to be totally focused on driving investment, creating jobs and strengthening the economy.

"One party's blockade of the Assembly is hampering that work from getting underway, and as a result is having a negative impact on efforts by businesses to expand.

"Sinn Féin remains ready to form an Executive, to work with all parties and local businesses to strengthen the economy and immediately restore Government that will work for the people."


Related Northern Ireland News Stories
Click here for the latest headlines.

20 September 2002
Sustainable development does not mean 'sacrificing economic progress'
Recognising the importance of sustainable development does not mean sacrificing economic progress, the First and Deputy First Ministers said today.
31 March 2023
NI Must Take Advantage Of Unique Economic Opportunities – SF
Northern Ireland must take advantage of the unique economic opportunities now available, First Minister Designate Michelle O'Neill has said. Speaking at a meeting of the British-Irish Chamber in Belfast tonight, Michelle O'Neill emphasized the urgent need for the immediate restoration of the Executive.
07 January 2009
Paving The Road To Sales Growth
As the credit crunch continues to bite, the battle to grow sales is an ever more important one for businesses to win. However, small businesses are being given a competitive advantage, thanks to Belfast City Council's latest development initiative.
31 March 2016
Local Businesses Will Struggle To Afford National Living Wage - NIIRTA
Local businesses in Northern Ireland have raised concerns over the National Living Wage to be introduced tomorrow, 01 April.
27 November 2008
Online Guide To Taxing Matters Launched
The latest guidance for tax agents and advisers is now available in the 'Taxes, Returns and Payroll' theme of Invest Northern Ireland's nibusinessinfo.co.uk site www.nibusinessinfo.co.uk/taxagents As the January deadline for tax returns approaches, businesses and their advisers will be turning their attention to tax matters.