Northern Ireland’s economy gets shot in the arm from resumption of powersharing

  • 📰 IrishTimes
  • ⏱ Reading Time:
  • 29 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 98%

Northern-Ireland News

Ulster-Bank

Ulster Bank’s latest purchasing managers’ index (PMI) points to pick-up in output, new orders and employment

Northern Ireland’s economy has enjoyed a strong bounce in activity since the return of powersharing arrangements in February.

This extended a sequence of increased activity seen over the last six month but most significantly since February when the Northern Ireland’s powersharing executive was re-established following a two-year boycott by Democratic Unionists.Cult leader or canny investor? Doubts cloud Roaring Kitty’s GameStop bet

Ulster Bank also noted that responding companies responded to higher new orders by taking on extra staff at a solid pace, with the rate of job-creation at a 10-month high. Some firms also raised employment to prepare for future expansion, it said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines