All the updated news related to Finance

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Derry News

£40 million support scheme announced for hospitality businesses in NI

Sinn Féin MLA, Pádraig Delargy, has welcomed an announcement by the Finance Minister, Conor Murphy, to provide grant support for hospitality businesses. £40 million has been set aside to support hospitality businesses with over 3200 businesses ...

29 Dec 2021 at 17:57

Northern Ireland

Political leaders send united message that pause on city deals must be ended

Northern Ireland’s political leaders have sent a united message that a funding pause on two city and growth deals must be lifted. In a joint letter to the Chief Secretary to the Treasury Darren Jones and Northern Ireland Secretary Hilary Benn,...

17 Sept 2024 at 17:16

Northern Ireland

Government must lift funding pause on city deals – Archibald

The UK Government should immediately lift a funding pause on city and growth deals for two Northern Ireland regions, Finance Minister Caoimhe Archibald has said. Ms Archibald said the deals covering Causeway Coast and Glens and the Mid South ...

17 Sept 2024 at 17:16

Business

Financial advice: Do you have too much cash?

The personal savings rate in Ireland is about 31%, which means on average, nearly a third of our gross disposable income is going unspent. Because of Covid there was a slowdown in consumer spending, so much so that deposits have swollen to ...

06 Oct 2021 at 00:18

Northern Ireland

Pre-election funding announcement ‘did not discredit civil service impartiality’

The impartiality of the civil service was maintained when a £300 million funding announcement was made just days before the General Election, a Stormont committee has been told. Neil Gibson, the permanent secretary at the Department of ...

03 Jul 2024 at 16:09

Northern Ireland

Stormont budget needs £2.3bn to deliver same level of services as 2021 – report

Stormont’s budget has fallen by more than £2 billion in real terms since 2021 due to the impact of inflation, according to the Department of Finance. The department has published a financial context for revenue-raising measures which ...

11 Oct 2023 at 12:35

Northern Ireland

Call for clarity over how NI consumers will receive £400 energy support

People in Northern Ireland need clarity on how they will receive a £400 payment in the autumn to help with energy costs, an Alliance Party MLA has said. Kellie Armstrong said Northern Ireland risked being left behind with the scheme ...

29 Jul 2022 at 16:40

Northern Ireland

Stormont ministers’ overspend unacceptable, says NI Secretary

It is “unacceptable” that Stormont ministers continue to spend beyond their allocated budget, the Northern Ireland Secretary has said. Chris Heaton-Harris said the Government fully expects the Northern Ireland departments to take ...

11 Oct 2022 at 20:40

Northern Ireland

Home-owning still cheaper than renting overall but difference reduced – study

The cost of a mortgage on a first home is typically around £42 per month cheaper than renting, but the difference has reduced and in some parts of the UK renting may be the less expensive option, analysis suggests. First-time ...

15 Mar 2023 at 00:01

Northern Ireland

Archibald ‘hopeful’ of extra £200m to allocate to ministers in June

Finance Minister Caoimhe Archibald has said she is hopeful that she will have around £200 million in additional funding to allocate to Stormont departments this month. However, Ms Archibald told MLAs that both the amount and ...

04 Jun 2024 at 16:28

Home

Minister meets County Derry businesses and community group to discuss challenges of cost-of-living crisis

Finance Minister Conor Murphy has met with local community groups and businesses in County Derry to discuss the challenges they are facing during the cost-of-living crisis. The Minister visited Glens Community House in ...

13 Oct 2022 at 16:06

Northern Ireland

‘Transformation’ of public sector essential to future of Executive’s finances

Stormont’s Finance Minister has said that transformation of the public sector is “essential” to put the Executive’s finances on sustainable footing. Marking six months in office, Dr Caoimhe Archibald said that the ...

12 Aug 2024 at 02:45

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