Jump to content
House Price Crash Forum

Northern Ireland Economy


Vespasian

Recommended Posts

0
HOLA441
  • Replies 3.4k
  • Created
  • Last Reply

Top Posters In This Topic

1
HOLA442

Northern Ireland household spending power 'half the UK average'


http://www.bbc.com/news/uk-northern-ireland-36906990

Household spending power in Northern Ireland is about half the UK average, according to new data.

Compiled for Asda by London economists CEBR, the latest income tracker shows families in the region have an extra £8 a week compared with a year ago.

However, their discretionary income of £103 a week compares with a record UK average of £201.

Additionally, it says almost 10% of Northern Ireland workers in 2014 were employed at or below the minimum wage compared with just over 5% across the UK as a whole.

Wales has discretionary income of £180 a week, Scotland has £200, and the poorest English region, the north-east, has £133.

The pace of growth has slowed considerably for Northern Ireland householders - it rose by 9% between April and June, compared with 18% in the corresponding quarter of 2015.

Link to comment
Share on other sites

  • 2 months later...
2
HOLA443
  • 5 months later...
3
HOLA444
  • 2 weeks later...
4
HOLA445
On 13/04/2017 at 11:20 AM, willie said:

I noted a few days ago the Bel tel trumpeting that NI house prices have risen 5.7% this last year.  How does that sit with today's figure that the NI economy is 5% lower than 2007?

 

http://www.belfasttelegraph.co.uk/news/northern-ireland/northern-ireland-economy-5-below-2007-crash-level-35619916.html

"The NI economy is 5% lower than 2007" NI House prices are 45% lower than they were in 2007 

Link to comment
Share on other sites

  • 4 months later...
5
HOLA446
6
HOLA447
7
HOLA448
8
HOLA449
9
HOLA4410
10
HOLA4411
11
HOLA4412
12
HOLA4413
58 minutes ago, darkmarket said:

I presume the market is doing great, I've never seen so many attempts to paint a rosy picture in the face of obvious drops. Barclays prosperity index indeed.

Exactly. They're up to something. Still trying to figure out who They are, of course. 

Link to comment
Share on other sites

  • 2 months later...
13
HOLA4414

Is it just me, or has there been loads of ongoing renovation projects on either existing shops, buildings in decay, and on spare land all around the belfast city area? I’m not sure where the cash for all this has come from... is this the result of banks throwing money about the place again?

Link to comment
Share on other sites

14
HOLA4415
1 hour ago, whome_yesyou said:

Is it just me, or has there been loads of ongoing renovation projects on either existing shops, buildings in decay, and on spare land all around the belfast city area? I’m not sure where the cash for all this has come from... is this the result of banks throwing money about the place again?

The money won't be coming from the standard banks. Take a look at the charges on some of the developments. 

Link to comment
Share on other sites

  • 2 years later...
15
HOLA4416
16
HOLA4417

 

Thompson Aero Seating: 500 jobs at risk of redundancy

https://www.bbc.co.uk/news/uk-northern-ireland-52915130

Up to 500 workers could be made redundant by Portadown-based Thompson Aero Seating.

The Chinese-owned firm, which makes aircraft seats, employs about 1,300 people across four factories in Northern Ireland.

The potential redundancies are in addition to 330 job losses announced in March.

Link to comment
Share on other sites

17
HOLA4418
18
HOLA4419
19
HOLA4420
3 minutes ago, nigooner said:

Franky and Bennys made an announcement that they’re not reopening 100+ of their restaurants, although I don’t know how many units were left in NI before covid

Bombardier announces 2500 global redundancies. Nothing on NI yet. Spirit Aero bought the place recently.

Link to comment
Share on other sites

  • 4 months later...
20
HOLA4421

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
  • Recently Browsing   0 members

    • No registered users viewing this page.




×
×
  • Create New...

Important Information