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Realistbear

Confidence Drops In Ireland

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http://www.newsletter.co.uk/rssstory/25736

Yes, its a contradiction but in the world of spin confusion is better than truth:

Confidence Low In The Economy
By Helen McGurk
Wednesday 25th January 2006
Confidence in the Northern Ireland economy remains low with manufacturers and the service sector particularly pessimistic, a major business survey has revealed.
The gloomy view has been attributed to problems including rising fuel and transport costs because of high oil prices, soaring energy costs - both gas and electricity, rising raw material prices - particularly for oil-based products, currency fluctuations, the loss of industrial derating and government red tape.
The findings, contained in CBI Northern Ireland's latest business confidence survey, also revealed that the supply of labour continues to be a problem and a barrier to successful business development for many respondents, specifically technical staff in engineering, professional bankers, retail staff, HGV drivers and operatives in food processing and other production industries.
However, the survey showed that companies are more optimistic about their own prospects.
Deirdre Stewart, assistant director CBI Northern Ireland, said: "It is encouraging that companies' own business confidence across all sectors is still strengthening, continuing the positive trend seen in the previous survey in September 2005.
"However, Northern Ireland and Great Britain market demand are both falling although, in contrast, both export and Republic of Ireland demand are rising. Numbers employed are falling overall, due to manufacturers.
"This survey shows that it is more important than ever that the Government delivers on reducing electricity costs."

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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