Menu
02/04/2009
Bid To Boost SMEs As Engineering Lay-Offs Revealed
While some 95 workers are to be made redundant at an engineering firm in Co Antrim, a scheme to help smaller businesses thrive has been revealed.
The pay-offs are the latest at FG Wilson and will include three sites - Larne (47), Springvale (31) and Monkstown (17).
The firm said the cutbacks were necessary to "manage production levels with current demand".
In January, the company said it was making 250 people redundant and a month earlier it laid off more than 180 agency workers.
On a more positive note, the innovative bid to help smaller businesses to weather the recession has been launched.
The Small Business Rate Relief scheme was unveiled by Stormont Finance Minister Nigel Dodds this week.
He said the scheme will significantly reduce the rates burden for about 16,000 of our smaller and medium sized businesses (SMEs).
The Department of Finance and Personnel is now consulting on the effectiveness of the preferred scheme and its likely impact.
Meanwhile, NI Employment and Learning Minister, Sir Reg Empey, has praised the innovative work carried by projects supported by the European Social Fund to help people back to work.
The Minister was speaking as he visited Limavady's North West 'Lifelong Learning Association' to meet staff involved in the delivery of the 'Skills 4 Service' Project, which is funded by the Northern Ireland European Social Fund Programme.
It is one of 74 Psuch initiatives funded under Priority 1 of the Northern Ireland ESF Programme 2007-13, which aims to help people into sustainable employment prospects and address the needs of those disadvantaged in the labour market.
(BMcC)
The pay-offs are the latest at FG Wilson and will include three sites - Larne (47), Springvale (31) and Monkstown (17).
The firm said the cutbacks were necessary to "manage production levels with current demand".
In January, the company said it was making 250 people redundant and a month earlier it laid off more than 180 agency workers.
On a more positive note, the innovative bid to help smaller businesses to weather the recession has been launched.
The Small Business Rate Relief scheme was unveiled by Stormont Finance Minister Nigel Dodds this week.
He said the scheme will significantly reduce the rates burden for about 16,000 of our smaller and medium sized businesses (SMEs).
The Department of Finance and Personnel is now consulting on the effectiveness of the preferred scheme and its likely impact.
Meanwhile, NI Employment and Learning Minister, Sir Reg Empey, has praised the innovative work carried by projects supported by the European Social Fund to help people back to work.
The Minister was speaking as he visited Limavady's North West 'Lifelong Learning Association' to meet staff involved in the delivery of the 'Skills 4 Service' Project, which is funded by the Northern Ireland European Social Fund Programme.
It is one of 74 Psuch initiatives funded under Priority 1 of the Northern Ireland ESF Programme 2007-13, which aims to help people into sustainable employment prospects and address the needs of those disadvantaged in the labour market.
(BMcC)
Related Northern Ireland Business News Stories
Click here for the latest headlines.
01 July 2014
Businesses Urged To Introduce Living Wage
Sinn Féin has called on businesses in Northern Ireland to follow the example set by Nestle and to introduce the living wage for all employees. The party's Fermanagh and South Tyrone MLA Phil Flanagan welcomed the news that Nestle has become the first employer to introduce the living wage for its workers, and called on all companies to follow suit.
Businesses Urged To Introduce Living Wage
Sinn Féin has called on businesses in Northern Ireland to follow the example set by Nestle and to introduce the living wage for all employees. The party's Fermanagh and South Tyrone MLA Phil Flanagan welcomed the news that Nestle has become the first employer to introduce the living wage for its workers, and called on all companies to follow suit.
25 June 2002
Interest rate rise needed say mortgage lenders
The Council of Mortgage Lenders (CML) have said the continued rises in mortgage lending reinforced their view that a modest rise in interest rates sooner rather than later was desirable to avoid the possibility of sharper increases in the future. It is the first time mortgage lenders have called for a rise in UK interest rates in their history.
Interest rate rise needed say mortgage lenders
The Council of Mortgage Lenders (CML) have said the continued rises in mortgage lending reinforced their view that a modest rise in interest rates sooner rather than later was desirable to avoid the possibility of sharper increases in the future. It is the first time mortgage lenders have called for a rise in UK interest rates in their history.
13 June 2019
New Project Aims To Support Older Workforce
A new project aims to raise awareness of an ageing working and encourages businesses to "recruit, retain and retrain older workers". Age NI, in partnership with Business in the Community Northern Ireland, have been awarded over £2 million in National Lottery funding to encourage businesses to be more age inclusive.
New Project Aims To Support Older Workforce
A new project aims to raise awareness of an ageing working and encourages businesses to "recruit, retain and retrain older workers". Age NI, in partnership with Business in the Community Northern Ireland, have been awarded over £2 million in National Lottery funding to encourage businesses to be more age inclusive.
11 February 2004
Smaller firms take lead in employing 'reliable' older workers
Smaller firms are taking the lead in tapping into the wealth of talent and experience that older workers offer, Secretary of State for Work and Pensions Andrew Smith said today.
Smaller firms take lead in employing 'reliable' older workers
Smaller firms are taking the lead in tapping into the wealth of talent and experience that older workers offer, Secretary of State for Work and Pensions Andrew Smith said today.
13 August 2003
Businesses encouraged to help tackle crime
Regional business crime reduction advisers will be employed throughout England and Wales, under the government's new business crime strategy launched today.
Businesses encouraged to help tackle crime
Regional business crime reduction advisers will be employed throughout England and Wales, under the government's new business crime strategy launched today.
-
Northern Ireland WeatherToday:Gale, coastal severe gale, northwest winds ease from late afternoon. Scattered showers will fall as snow over the hills at first, becoming isolated from mid-afternoon. Maximum temperature 7 °C.Tonight:Showers, scattered in the evening, will clear by midnight leaving the night dry with clear spells. Cloud will spread east towards morning. Minimum temperature 2 °C.
