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A blog from the Northern Ireland Assembly Research and Information Service

Economy and Finance Blog Archive

Here you will find an archive of Economy and Finance Blog articles published before 1 May 2022, divided into their relevant categories.

Economy

Copy of the Northern Ireland Executive’s Economic Strategy and the Programme for Government Consultation Document
By Eóin Murphy, Michael Scholes, and Aidan Stennett The Northern Ireland Executive is currently revising its Economic Strategy.  What are the key factors it should take into consideration when…
Dark Hedges, County Antrim (Image: Valerie Hinojosa, under Creative Commons)
Despite the absence of a centralised tourism strategy, the sector makes a significant contribution to the Northern Ireland economy and has exceeded targets set out in the previous Programme…
Figure 2: NI exports to EU and non-EU countries, percentage of total exports, 2004-2014
A referendum on the UK’s membership of the EU is to take place on Thursday 23rd June. Voters will be asked ‘Should the United Kingdom remain a member of the…

Employment and Labour Market

An image of Titanic Quarter in Belfast
Northern Ireland (NI) was impacted heavily by the global recession that began in 2008. The recovery since has been slow in the United Kingdom (UK) and even slower in…

Energy

Image of wind farm in front of a setting sun
There was considerable growth in the development of renewable electricity over the previous Northern Ireland Assembly mandate. Changes to renewable electricity support may impact the ability to achieve similar levels…

Enterprise and Investment

This post examines financial support provided by Invest Northern Ireland (Invest NI) to businesses located in Northern Ireland (NI) from 2013-14 to 2017-18, identifying key impacts arising from that…

Finance

A line graph which shows that the level of fiscal transfer to NI has been fairly even over the last five years.
Northern Ireland (NI) receives a sizeable fiscal transfer from the United Kingdom (UK) Government. In other words, considerably more is spent on public services than is raised in revenue….
Figure 1: 2015-16 FTC Allocations and Returns
Financial Transactions Capital (FTC) is funding allocated to the Executive by the United Kingdom (UK) Government. The Executive has discretion over FTC allocation to projects. However, FTC can be…
Front cover of the DARD resource accounts for 2014/15
The purpose of an ‘Annual Report and Accounts’ is to provide information about an entity’s financial position, changes in financial position, financial performance and cash flows. It should be…

Research and Innovation

This post examines financial support provided by Invest Northern Ireland (Invest NI) to businesses located in Northern Ireland (NI) from 2013-14 to 2017-18, identifying key impacts arising from that…
An image of a microscope
  This week sees people across Northern Ireland getting interested and involved in science through the Northern Ireland Science Festival. We thought we would join the celebration of all…
Cover pages of the 2012 Economic Strategy and 2017 draft Industrial Strategy
Following on from a recent blog post on ‘a revised strategy for Northern Ireland’s Economy’, this post looks at the Department for the Economy’s draft Industrial Strategy and highlights…