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  • A stable Executive and corporation tax control is a good start for 2016 - BelfastTelegraph.co.uk
    tax revenue raising streams such as prescription charges or water rates The new Stormont House Agreement A Fresh Start incorporates a plan to create an independent fiscal council in Northern Ireland and indeed independent fiscal analysis should be welcomed Perhaps a regional division of the Office of Budgetary Responsibility could fulfil that commitment without the added cost Mr Osborne s eagerness to promote devolution means that local economic prosperity will be increasingly down to local people and in Northern Ireland that can only be a good thing For too long our economy has lagged behind the rest of the UK in terms of economic growth yet in such a small place it should be perfectly feasible to co ordinate tailor made economic policies that tackle our challenges head on and allow us to grasp good opportunities The challenges for our economy are well documented an under developed private sector low levels of external trade underachievement in schools and low productivity The opportunities are probably less renowned but include developing further the knowledge element of our economy rediscovering our entrepreneurial and innovative flair investing in infrastructure and connectivity developing business clusters around local universities and FE colleges scaling up indigenous businesses and having a tax regime conducive to business and investment We could also make better use of the goodwill that is extended to NI from right across the globe working with our neighbours in the Republic of Ireland on cross border initiatives and to access more EU funding for public and private R D programmes cross border tourism and the development of border towns Economic success can be ours if we focus on supplying 21st century products and technologies relating to health security energy entertainment and food In summary we are entering 2016 with a working government and greater control over an economy which holds untold potential That s a very good start From the web Sponsored Videos Your Comments COMMENT RULES Comments that are judged to be defamatory abusive or in bad taste are not acceptable and contributors who consistently fall below certain criteria will be permanently blacklisted The moderator will not enter into debate with individual contributors and the moderator s decision is final It is Belfast Telegraph policy to close comments on court cases tribunals and active legal investigations We may also close comments on articles which are being targeted for abuse Problems with commenting customercare belfasttelegraph co uk Powered by Livefyre Please enable JavaScript to view the comments powered by Livefyre Read More How the economic policy of President Sanders could shake the world By Angela McGowan This year has the potential to be a game changer At some point in June the UK electorate will decide if we are to remain EU citizens or cast ourselves adrift A vote for Brexit would not only be a severe Everyone can make a Fresh Start and turn 2016 into a success By Neil Gibson Christmas is a joyous time of the year but one I also find

    Original URL path: http://www.belfasttelegraph.co.uk/business/economy-watch/a-stable-executive-and-corporation-tax-control-is-a-good-start-for-2016-34267166.html (2016-02-15)
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  • Austerity may be nearing an end but caution over spending will last - BelfastTelegraph.co.uk
    since 2001 We have also seen a number of positive retail announcements such as the purchase of Donegall Arcade by sports retail tycoon Mike Ashley And it seems like a new coffee shop is opening on Northern Ireland s streets every other day So an increasing number of households find that their finances are moving back into the black Retailers won t be blue about that But will this improvement in household finances last While households have seen their finances improve the public finances remain awash with red ink The UK faces a second Parliament of austerity as Chancellor George Osborne struggles to get the annual fiscal deficit back into the black and into a surplus by 2020 However last week s Spending Review and Autumn Statement were not as bad as many people had feared with George Osborne taking his foot off the austerity accelerator The fiscal anoraks and tax modelling gurus in the Office for Budget Responsibility revised their forecasts for tax receipts and debt interest payments As a result the Chancellor had a windfall to soften and delay the cuts in welfare and departmental spending Significantly the planned cuts in tax credits to 4 5 million households over 100 000 NI households have been scrapped altogether This means the threat of an average cut of 750 a year has been lifted However this is just a temporary reprieve as the roll out of universal credit means the effect will be spread out over the next five years The scale of the planned public sector job losses has been scaled back dramatically too Another 100 000 jobs are due to be lost over the next five years This compares with 450 000 over the previous five year period Before last week s announcement a similar figure had been expected This should reduce job insecurity in the public sector and boost consumer confidence Despite last week s good news many households will remain cautious about their finances in the year ahead So whilst retailers may have gone into the black on Friday shoppers may well have resisted dipping into the red as dark clouds look set to gather on the household finance front for 2016 Related Content so what s the view from Dublin From the web Sponsored Videos Your Comments COMMENT RULES Comments that are judged to be defamatory abusive or in bad taste are not acceptable and contributors who consistently fall below certain criteria will be permanently blacklisted The moderator will not enter into debate with individual contributors and the moderator s decision is final It is Belfast Telegraph policy to close comments on court cases tribunals and active legal investigations We may also close comments on articles which are being targeted for abuse Problems with commenting customercare belfasttelegraph co uk Powered by Livefyre Please enable JavaScript to view the comments powered by Livefyre Read More How the economic policy of President Sanders could shake the world By Angela McGowan This year has the potential to be

    Original URL path: http://www.belfasttelegraph.co.uk/business/economy-watch/austerity-may-be-nearing-an-end-but-caution-over-spending-will-last-34247285.html (2016-02-15)
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  • ... so what's the view from Dublin? - BelfastTelegraph.co.uk
    size of Kansas with no currency at all can learn little from that although it might learn something from Kansas Even so there is a popular school of thought that the government should simply have borrowed more for longer thereby deflating the economy less and limiting the fall in jobs and incomes That conveniently ignores the fact that we had no one to borrow this money from Which presumably means it is the fault of the Europeans and IMF for not lending more to us It would have had to have been an awful lot From the web Sponsored Videos Your Comments COMMENT RULES Comments that are judged to be defamatory abusive or in bad taste are not acceptable and contributors who consistently fall below certain criteria will be permanently blacklisted The moderator will not enter into debate with individual contributors and the moderator s decision is final It is Belfast Telegraph policy to close comments on court cases tribunals and active legal investigations We may also close comments on articles which are being targeted for abuse Problems with commenting customercare belfasttelegraph co uk Powered by Livefyre Please enable JavaScript to view the comments powered by Livefyre Read More How the economic policy of President Sanders could shake the world By Angela McGowan This year has the potential to be a game changer At some point in June the UK electorate will decide if we are to remain EU citizens or cast ourselves adrift A vote for Brexit would not only be a severe Everyone can make a Fresh Start and turn 2016 into a success By Neil Gibson Christmas is a joyous time of the year but one I also find rather reflective It is a time to be thankful for what we have consider those less fortunate and set out resolutions and plans for the year ahead Just what can our economy build on from the business model of Lego By Esmond Birnie Around 45 billion Lego bricks are produced every year that s about seven for every person in the world s population And having overcome a serious financial crisis it won t be too long before the total A stable Executive and corporation tax control is a good start for 2016 By Angela McGowan Chief Economist Danske Bank We heard again during Chancellor of the Exchequer George Osborne s Autumn Statement that the economic plan is working which can largely be put down to the fact that the economic plan keeps Most Read Most Shared Most Commented How the economic policy of President Sanders could shake the world Economy Watch Agri food sector has the innovative ingredients to build on its success Economy Watch Why Northern Ireland housing market is miles off Britain s price boom Economy Watch A stable Executive and corporation tax control is a good start for 2016 Economy Watch Just what can our economy build on from the business model of Lego Economy Watch Pregnant woman booted off Belfast bus in blizzard

    Original URL path: http://www.belfasttelegraph.co.uk/business/economy-watch/so-whats-the-view-from-dublin-34247257.html (2016-02-15)
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  • Just what can our economy build on from the business model of Lego? - BelfastTelegraph.co.uk
    had resulted in a major financial crisis The way in which Lego reacted to this crisis provided the basis for its recent success and also shows how the competitive basis for the Nordic model in Denmark cannot be taken for granted In 2004 the Lego chief executive the grandson of the company s founder was replaced and the new chief executive Dr Jorgen Vig Knudstorp has played a key role in the subsequent revival A strategist with economics and business degrees and a background as a McKinsey consultant Dr Knudstorp halted the diversification into Legoland parks pruned back its number of components and suppliers including removing the more difficult to make bricks from the product lists At the same time Lego added digital to its physical products this gave it some more success with teenagers and the games market So what are some of the lessons for Northern Ireland from Lego s business model Building and then maintaining a competitive private sector is not easy At the same time turnarounds are possible and they are also possible in companies which have grown out of a previously strong system of family control Part of Kundstorp s strategy for Lego has been to been to re emphasise Lego s core business building toy s To the extent that Lego does indeed inspire creativity this reminds us of the STEM agenda How can we inspire children and young people both girls and boys that building houses or aircraft wings or whatever can form the basis of a good career In the interests of full disclosure PwC audited Lego s accounts in 2014 In next week s Economy Watch we hear from Neil Gibson of the Northern Ireland economic policy centre From the web Sponsored Videos Your Comments COMMENT RULES Comments that are judged to be defamatory abusive or in bad taste are not acceptable and contributors who consistently fall below certain criteria will be permanently blacklisted The moderator will not enter into debate with individual contributors and the moderator s decision is final It is Belfast Telegraph policy to close comments on court cases tribunals and active legal investigations We may also close comments on articles which are being targeted for abuse Problems with commenting customercare belfasttelegraph co uk Powered by Livefyre Please enable JavaScript to view the comments powered by Livefyre Read More How the economic policy of President Sanders could shake the world By Angela McGowan This year has the potential to be a game changer At some point in June the UK electorate will decide if we are to remain EU citizens or cast ourselves adrift A vote for Brexit would not only be a severe Everyone can make a Fresh Start and turn 2016 into a success By Neil Gibson Christmas is a joyous time of the year but one I also find rather reflective It is a time to be thankful for what we have consider those less fortunate and set out resolutions and plans for the year

    Original URL path: http://www.belfasttelegraph.co.uk/business/economy-watch/just-what-can-our-economy-build-on-from-the-business-model-of-lego-34286391.html (2016-02-15)
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  • Working Lunch: 'The Fat Duck was a turning point, it put us on the map' - BelfastTelegraph.co.uk
    retailers like Sawers and Arcadia and high end grocer to the Queen Fortnum Mason And Allison is happy with limiting their retail reach to small independents We like to think we are supporting small operators like ourselves And if we had a deal with someone like Waitrose or M S we couldn t maintain our production technique of doing everything by hand Word of mouth has spread rapidly among the restaurateurs and independent shops so advertising isn t a priority But she has adapted to using Twitter to spread the word The kids sorted me out on Twitter and Facebook so now I m a bit of a Twitter fiend She s now a champion for other artisan producers and their wares including meat merchant Peter Hannan But she admits Will and I weren t really into food before this happened and were just simple eaters It was steak and chips for us all the way As for the future we ll keep going because we enjoy it We love people and we ve even been to Downing Street as part of a Defra reception for 50 food companies from all across the UK If I d still been nursing I d never have gotten to do that Cafe Vaudeville Arthur Street Belfast Margaret had Crispy chicken wrap 6 50 Diet Coke 2 20 Allison had Chicken and chorizo ciabatta 6 00 Total 14 70 From the web Sponsored Videos Your Comments COMMENT RULES Comments that are judged to be defamatory abusive or in bad taste are not acceptable and contributors who consistently fall below certain criteria will be permanently blacklisted The moderator will not enter into debate with individual contributors and the moderator s decision is final It is Belfast Telegraph policy to close comments on court cases tribunals and active legal investigations We may also close comments on articles which are being targeted for abuse Problems with commenting customercare belfasttelegraph co uk Powered by Livefyre Please enable JavaScript to view the comments powered by Livefyre Read More Self belief and determination have carried us through By Joris Minne Northern Ireland likes to think of itself as a good place for business We may be a bit behind the times on matters of equality and social reform and our idea of multiculturalism doesn t go far beyond a mixed The drinks chief who has a thirst for giving his customers exactly what they want By Margaret Canning With over 40 of the year s sales accounted for in the four weeks before Christmas it s now the busiest time of year for Liam McBride sales manager at Dillon Bass Working Lunch meets IFA s Oonagh O Reilly Every child man and woman can be part of She admits to having had a baptism of fire in her job as sales and marketing director of the Irish Football Association IFA Former ladies Gaelic football champ Oonagh O Reilly went from zero Northern Ireland matches at the beginning of this year

    Original URL path: http://www.belfasttelegraph.co.uk/business/working-lunch/working-lunch-the-fat-duck-was-a-turning-point-it-put-us-on-the-map-34395145.html (2016-02-15)
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  • Working Lunch meets IFA's Oonagh O'Reilly: 'Every child, man and woman can be part of our football family' - BelfastTelegraph.co.uk
    as the business development director of the Northern Ireland Chamber of Commerce and Industry The farmer s daughter studied Agricultural Economics at Queen s and after graduating helped run the Explorers programme for graduates wishing to work overseas She then joined a training consultancy which sold leadership training programmes and because Oonagh was having to sell the product she undertook the training herself That was at the tender age of 23 when she experienced an epiphany that our perceptions in the world of work are purely subjective so shouldn t be our sole driver in the workplace There s a drive to make football as inclusive as possible and demolish the perceptions that the Northern Ireland football team doesn t represent everyone in the province We want every child in Northern Ireland to be part of our football family and to dream of wearing the green and white jersey and not just every child but every man and woman too Miel Moi Lisburn Road Oonagh had Eggs Royale 8 95 Flat white 2 65 Margaret had Goats cheese crostini 7 50 Large Americano 2 75 Total 21 85 From the web Sponsored Videos Your Comments COMMENT RULES Comments that are judged to be defamatory abusive or in bad taste are not acceptable and contributors who consistently fall below certain criteria will be permanently blacklisted The moderator will not enter into debate with individual contributors and the moderator s decision is final It is Belfast Telegraph policy to close comments on court cases tribunals and active legal investigations We may also close comments on articles which are being targeted for abuse Problems with commenting customercare belfasttelegraph co uk Powered by Livefyre Please enable JavaScript to view the comments powered by Livefyre Read More Working Lunch The Fat Duck was a turning point it put us on the map It s one of our best known artisan food success stories with a string of Great Taste Awards under its belt And after a hectic Christmas with 2 000 rolls of butter sent across to England and Scotland every two days Abernethy Butter s Allison is ready to wind down with a light Self belief and determination have carried us through By Joris Minne Northern Ireland likes to think of itself as a good place for business We may be a bit behind the times on matters of equality and social reform and our idea of multiculturalism doesn t go far beyond a mixed The drinks chief who has a thirst for giving his customers exactly what they want By Margaret Canning With over 40 of the year s sales accounted for in the four weeks before Christmas it s now the busiest time of year for Liam McBride sales manager at Dillon Bass Online shopping changed our retail habits forever Alana Coyle of CBRE tells us how The rise of the discounters provided the first signs of things picking up for retail in Northern Ireland But it s unlikely to ever regain

    Original URL path: http://www.belfasttelegraph.co.uk/business/working-lunch/working-lunch-meets-ifas-oonagh-oreilly-every-child-man-and-woman-can-be-part-of-our-football-family-34247086.html (2016-02-15)
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  • 'Online shopping changed our retail habits forever': Alana Coyle of CBRE tells us how recovery in the retail sector started with the discounters - BelfastTelegraph.co.uk
    in Osborne King for about 10 years and then moved to CBRE to start the Belfast arm of the retail team about two years ago She s also a self proclaimed foodie and enjoys cycling in her downtime Speaking about the future of Belfast and other retail sites across Northern Ireland over a couple of coffees she said there s now increasingly a mixture of high end brands and cheaper discounters vying for space I think we will see the vacancy rate decline massively she said I think we will start to see with the demand we have and the names coming some are a bit more upscale some are a bit more discount there may be a better mixture Native at The Mac Belfast John had Smoked salmon and prawns 9 00 Diet Coke 2 00 Espresso 2 10 Alana had Butternut squash risotto 9 00 Sparkling water 2 00 Americano 2 20 Total 26 30 From the web Sponsored Videos Your Comments COMMENT RULES Comments that are judged to be defamatory abusive or in bad taste are not acceptable and contributors who consistently fall below certain criteria will be permanently blacklisted The moderator will not enter into debate with individual contributors and the moderator s decision is final It is Belfast Telegraph policy to close comments on court cases tribunals and active legal investigations We may also close comments on articles which are being targeted for abuse Problems with commenting customercare belfasttelegraph co uk Powered by Livefyre Please enable JavaScript to view the comments powered by Livefyre Read More Working Lunch The Fat Duck was a turning point it put us on the map It s one of our best known artisan food success stories with a string of Great Taste Awards under its belt And after a hectic Christmas with 2 000 rolls of butter sent across to England and Scotland every two days Abernethy Butter s Allison is ready to wind down with a light Self belief and determination have carried us through By Joris Minne Northern Ireland likes to think of itself as a good place for business We may be a bit behind the times on matters of equality and social reform and our idea of multiculturalism doesn t go far beyond a mixed The drinks chief who has a thirst for giving his customers exactly what they want By Margaret Canning With over 40 of the year s sales accounted for in the four weeks before Christmas it s now the busiest time of year for Liam McBride sales manager at Dillon Bass Working Lunch meets IFA s Oonagh O Reilly Every child man and woman can be part of She admits to having had a baptism of fire in her job as sales and marketing director of the Irish Football Association IFA Former ladies Gaelic football champ Oonagh O Reilly went from zero Northern Ireland matches at the beginning of this year to four in the month Most Read Most Shared Most

    Original URL path: http://www.belfasttelegraph.co.uk/business/working-lunch/online-shopping-changed-our-retail-habits-forever-alana-coyle-of-cbre-tells-us-how-recovery-in-the-retail-sector-started-with-the-discounters-34227494.html (2016-02-15)
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  • Harvey Norman opens third branch in Northern Ireland - BelfastTelegraph.co.uk
    it up a bit and make it a bit more modern we wanted to have a modern vibrant furniture store A new restaurant has been added run by home grown chain Synge Byrne All Harvey Normans have separate bedding and furniture sections though unusually Eamon will be the manager of both He s pleased that his employers have confidence in him to run both and knows the abilities of the members of the sales teams well It takes enthusiasm and passion to do well in sales and a bit of a drive and willingness to get on the manager says Product knowledge is crucial too and he s confident the sales teams have the requisite qualities They are all guys I have worked with for a long time and we work very well together And we have Phil Hughes who s the best salesperson in Ireland for Harvey Norman on the team Eamon himself has now joined the buying team of Harvey Norman and has been on trips to learn about Italy s furniture industry the country is renowned as a world leader in leather products he tells me He certainly knows his stuff Frankie and Benny s Boucher Place Belfast Margaret had Salt Beef Bagel 7 95 Coffee 2 75 Eamon had 2 Diet Pepsi 5 30 American hot 10 inch pizza 9 95 Tea 2 45 Total 28 40 From the web Sponsored Videos Your Comments COMMENT RULES Comments that are judged to be defamatory abusive or in bad taste are not acceptable and contributors who consistently fall below certain criteria will be permanently blacklisted The moderator will not enter into debate with individual contributors and the moderator s decision is final It is Belfast Telegraph policy to close comments on court cases tribunals and active legal investigations We may also close comments on articles which are being targeted for abuse Problems with commenting customercare belfasttelegraph co uk Powered by Livefyre Please enable JavaScript to view the comments powered by Livefyre Read More Belfast marketing firms eye expansion after merger By Staff Reporter Two Belfast marketing firms that count big name businesses such as Expedia among their clients have merged Up to 2 000 jobs on line in vote to axe green energy fund By John Mulgrew The Assembly will today vote on a controversial proposal to end the Renewable Heat Incentive RHI scheme here Northern Ireland s high street footfall bounces back from Christmas slump By John Mulgrew Northern Ireland s high street retailers are off to a strong start to the year with shopper numbers on the up after businesses suffered a major slump in the run up to Christmas Ecos Centre Ballymena gets 1 6m investment as Northern Ireland Science Park expands into The Ecos Centre and Nature Park in Ballymena is to receive a 1 6m investment as the Northern Ireland Science Park expands into Mid and East Antrim Most Read Most Shared Most Commented Belfast marketing firms eye expansion after merger Business News

    Original URL path: http://www.belfasttelegraph.co.uk/business/news/harvey-norman-opens-third-branch-in-northern-ireland-34205962.html (2016-02-15)
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