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The economy

New mortgage rules take effect

People applying for a mortgage are to face tougher financial checks, as the Financial Conduct Authority’s new market regulations take effect tomorrow (26 April 2014).

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28,400 jobs for Northern Ireland economy

The Northern Ireland Centre for Economic Policy has predicted that 28,400 jobs will be created in Northern Ireland by 2018.

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Unemployment rate falls to 6.9 per cent

The unemployment rate fell by 77,000 to 2.24 million between December 2013 and February 2014, according to figures from the Office for National Statistics.

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Housing market confidence grows

UK households feel more positive about selling their home, reflecting the growing confidence in the housing market, according to research commissioned by Halifax.

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SMEs look to export

More small and medium-sized businesses than ever intend to export goods and services, according to the Federation of Small Businesses.

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Scotch whisky exports stable

Scotch whisky exports remained strong in 2013 despite a slowdown in demand in emerging markets, according to the Scotch Whisky Association.

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Fastest rise in permanent salaries since 2007

Permanent salary growth in March 2014 rose at the fastest rate since July 2007, according to the Recruitment and Employment Confederation.

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Service sector export sales at record high

Export sales and orders in the UK’s service sector have reached record highs, according to the British Chambers of Commerce (BCC).

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NI shopping footfall drop

Shopper numbers in Northern Ireland dropped by 5.1 per cent year-on-year in February 2014, according to the Northern Ireland Retail Consortium.

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Gender pay gap at 33 per cent

Men in full time employment earned an average 33 per cent more than women in 2013, according to research by Halifax.

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