Northern Ireland’s tourism industry has been breaking records across a range of performance indicators in recent years. 2016 witnessed a hotel room boom and this trend looks set to continue in 2017. Last year the local hotelier industry breached the 2 million mark for room sales for the first time.
Chief Economist’s Weekly Brief – Never a dull moment
A former Bank of England Governor once said of central banking that “boring is best”. Last week though, central bankers were once again hogging the limelight. First off, the US Federal Reserve, which having raised rates must now work out whether the economy can support them. Second the Bank of Japan, which joined the negative rate club. And with all eyes on the Bank of England this week, “boring” seems a distant memory.