Neither Armageddon nor nirvana. That’s how the chair of Westminster’s Northern Ireland Affairs Committee described the first month of the Northern Ireland Protocol.Continue reading
We have published the latest Ulster Economix Podcast.
New Year, new era. January has already heralded much change on both sides of the Atlantic. There is a new president in the White House with Joe Biden. In the UK, the Brexit transition period has ended and through the EU and UK’s Trade and Cooperation Agreement, signed last month, a new chapter in the UK-EU relations has begun. The UK-EU deal that has been secured is unique in that it is the only trade deal in history which creates and adds barriers to trade rather than remove them.
We’ve published a new Ulster Economix Podcast episode: Breakthrough, hosted by Richard Ramsey, Chief Economist at Ulster Bank.
You wait ages and then three come along at once. Since March, it has been clear that a highly effective vaccine is required to cope with COVID-19. A sustained and meaningful economic recovery can only take hold if one is found. Following the encouraging news on three potential vaccines hope has returned. First out of the traps was Pfizer and BioNTech successful trials. Their news saw the share price of Zoom & Peloton slump and those of airlines and cruise ships soar.
A fresh round of lockdown restrictions in November and December coupled with the incoming news on the vaccine front has seen economists continue to revise down economic forecasts for 2020 and simultaneously revise up growth expectations for 2021. This doesn’t mean that the sunlit uplands are around the corner.
So what the local economy in Northern Ireland? what is the incoming economic data and news telling us about the economy and the strength of the recovery?
We’re launching an all-new Economics Podcast, available on your favourite Podcast app.
Hosted by Ulster Bank Chief Economist Richard Ramsey, Ulster Economix – The Podcast keeps you up-to-date on the economy in Northern Ireland. The podcast tells you what you need to know each month, but not always what you want to hear.
The summer has been and gone. So what about the local economy? What is the incoming economic data and news telling us about the local economy and the strength of the recovery?
During the month of August, the public were encouraged to Eat Out To Help Out to support the hospitality sector. September it wasn’t so much get out, but get back in. A resurgence in the virus triggered a change in tact from Health Secretary Matt Hancock as he warned the country was at a tipping point with the onset of a second wave of infections.
The Podcast will be available shortly on Apple Podcasts, Spotify and Google Podcasts.
Chief Economist Richard Ramsey has appeared alongside NI Chamber Chief Executive Ann McGregor on the new business podcast hosted by Sarah Travers and brought to you by Ulster Bank.Continue reading
What were the economic highlights and lowlights of 2018? What will be good, bad and ugly in 2019? Who will be next year’s economic villain? What word would you use to sum up what you expect to see in the next 12 months? These and many other questions about the Northern Ireland and global economies are asked and discussed in our new podcast, which we’ve boldly called the Big Economic Quiz of the Year.
And fittingly, we have some big fish from the local economics community contributing. Angela McGowan, Director of the CBI in Northern Ireland and Richard Johnston, Deputy Director of the Ulster University Economic Policy Centre join our own Richard Ramsey and business journalist Jamie Delargy to review, predict and ruminate.