The Northern Ireland economy is stagnating and prospects for the year ahead are poor.
That was the message from a survey of accountants which blamed a host of reasons – from political instability to cost-of-living pressures – for a relatively bleak outlook for the local economy in the short term.
More than half said prospects for the economy in the next 12 months are poor, with only 7% rating it good or very good. Around three quarters, meanwhile, said the economy is either contracting or stagnating, with only one in four of the view that the economy is growing.
