The Northern Ireland Executive needs to be restored to help stem waning confidence in the economy and tackle rising costs, the Chamber of Commerce and Industry has said.
It said politicians have a full in-tray of “overdue reforms” and, while their return to government won’t temper the myriad of headwinds currently facing businesses, it would ease the pressure on companies at a crucial time.
NI Chamber’s pleas come as it released its latest economic survey, in partnership with BDO, which showed that the percentage of businesses posting a positive performance eased in the third quarter of the year while confidence in future performance has also been eroded. More manufacturing and service sector companies said they believe turnover will grow than contract while but that confidence has been falling since the start of the year.
