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19 March 2019

FSB NI responds to March economic data

Following the release of the latest Quarterly Employment Survey and Labour Market Report, FSB NI Head of External Affairs, Roger Pollen has said the figures show that SMEs are continuing to create jobs despite the perpetual threat of a no-deal Brexit on March 29 and the continued absence of devolved government in Northern Ireland.

Commenting, FSB NI Head of External Affairs, Roger Pollen said:

“The two sets of economic data released today certainly paint a positive picture of the Northern Ireland economy with the employment rate at its highest on record, while the private sector jobs count is also at an all-time high, with increases over the quarter and the year across all four industry sectors measured.

“At the recent FSB Celebrating Small Business Awards there was a clear feeling that firms were getting on and growing their businesses, in spite of the uncertain landscape which surrounds them.

“However, it would certainly be foolish to suggest that the ‘garden is rosy’ for small businesses. Their situation could be improved by agreement being reached to avoid a no-deal Brexit on March 29, while the return of a devolved Executive could create the conditions for action to be taken in crucial areas, such as enhanced rates relief, skills and infrastructure investment.”