News

Murphy welcomes changes to Job Support Scheme

Finance Minister, Conor Murphy has welcomed changes to the Job Support Scheme and increased help for the self-employed. Responding to the Chancellor’s announcement, Conor Murphy said: “For many employers their biggest concern has been wage costs. I have been pressing the Chancellor and Treasury to review the Job Support Scheme and welcome the changes to the...
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Murphy announces financial support for businesses subject to restrictions

Finance Minister, Conor Murphy has announced a new financial support scheme for businesses subject to restrictions across all 11 council areas. Making the announcement, Finance Minister, Conor Murphy said: “I recognise the profound impact the new restrictions will have on businesses forced to temporarily limit their operations. “Following the additional funding the Executive received of £200m I...
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Dodds announces two new schemes to support business recovery

Economy Minister Diane Dodds today announced two new schemes to support Northern Ireland businesses plan for recovery. The schemes - one administered by Tourism Northern Ireland and the other by Invest Northern Ireland - have been developed to help small and medium-sized enterprises (SMEs) assess the impacts of Covid-19 and develop a strategic recovery plan for...
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Job Retention Bonus

The Chancellor also announced the Job Retention Bonus. This is a one-off payment of £1,000 to employers for every furloughed employee who remains continuously employed through to the end of January 2021. Employees must earn above the Lower Earnings Limit (£520 per month) on average between the end of the Coronavirus Job Retention Scheme...
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Bus and Coach Industry “on its knees” and requires immediate financial support from the Executive

#saveourcoachindustry The Bus and Coach industry in Northern Ireland has called on the Northern Ireland Executive to support them financially as a priority. Over 30 coach providers from across Northern Ireland arrived at Stormont from Titanic Quarter earlier this morning to take their appeal to the heart of the...
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Rebuilding the Northern Ireland Economy

Economy Minister Diane Dodds on rebuilding the Northern Ireland economy. Any economy experiencing months of lockdown would suffer as a consequence and it is an unfortunate inevitability that we will, in the immediate term at least, see an increase in unemployment as a result. However, the local economy will recover. The issue is how fast that...
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Joint Statement by the Department of Health and the Police Service of Northern Ireland

The regulations on social distancing were introduced quickly for very good reason. In an ideal world, they would have received detailed scrutiny at the Assembly before becoming law. Unscrupulous traders profiteering by exploiting Covid-19 warned Unscrupulous traders profiteering by exploiting Covid-19 warned However, we are not living in an ideal world at present. The overriding priority at...
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COVID-19 £25,000 Business Support Grant Scheme

£25,000 BUSINESS SUPPORT GRANT SCHEME FOR THE RETAIL, HOSPITALITY, TOURISM AND LEISURE SECTORS APPLICATION

A one-off grant of £25,000 is available to the ratepayers of businesses in the Retail, Hospitality, Tourism and Leisure sectors operating in a premises with a rateable value of £15,001 or up to £51,000. This is the rateable value on the...
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Minister’s statement to the Assembly Ad Hoc Committee

As Economy Minister, my role right now is to try and mitigate the worst impacts on our economy by protecting as many livelihoods as possible. By doing this, I believe, we will safeguard the economic foundations on which our recovery must be built. This is the reason why we are working hard to distribute over £400m...
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