Bookmark and Share

Violence threatens NI's economic potential

Scenes of violence and destruction in and around Belfast are viewed as a major setback the bid to achieve the full economic potential for Northern Ireland.

That was the message from the Economic Development Forum, which met recently to discuss progress on meeting the major challenges facing the economy.

Speaking after the meeting, which was attended by representatives of the main political parties, Chair of the Forum, Enterprise Minister Angela Smith said: “The Forum heard of significant progress being made by representatives of the private, voluntary, academic and public sectors working closely together to understand the economic challenges facing Northern Ireland and how to meet them.

“But Northern Ireland faces a significant additional burden if its international image is one of violence and destruction on the streets.”

The Forum heard from each of the four groups established earlier this year to identify key issues and to track progress on the four productivity drivers for the delivery of the Economic Vision - Innovation, Enterprise, Skills and Infrastructure. During the next three months Forum members will continue to develop and refine this work, which will be used to advise on and shape economic development policy in areas related to the Vision where Forum members can add value by drawing on their experience and expertise.

The Enterprise Mister welcomed the reports on each area, Angela Smith said: “The key to successful implementation of the Economic Vision is all sectors working in partnership to make it a reality for Northern Ireland. The work of EDF’s Sub-groups through the summer shows clearly how the social partners on the Forum have risen to the challenge. I am impressed at the progress made by the Forum to date and I look forward to working with its members and also representatives of the main political parties, in the implementation of the Vision. Progress has certainly been made in the economy but significant challenges remain ahead in the areas of productivity and economic inactivity.”


Related Northern Ireland News Stories
Click here for the latest headlines.

12 January 2018
Yellow Warning For Snow And Ice Issued In NI
The Met Office has issued a yellow weather warning for snow and ice across Northern Ireland on Monday, 15 January, until Tuesday, 16 January. The warning has been put in place from 6pm until 11.55pm. Frequent and heavy snow showers are expected throughout NI.
20 September 2002
Sustainable development does not mean 'sacrificing economic progress'
Recognising the importance of sustainable development does not mean sacrificing economic progress, the First and Deputy First Ministers said today.
17 January 2018
Other News In Brief
SDLP Welcomes Peace Funds Announcement SDLP Leader Colum Eastwood has welcomed the commitment from the President of the EU Commission that Peace Funds to Northern Ireland will continue as part of the next European budget in 2020.
11 January 2018
Yellow Weather Warning For Fog Extended Across NI
The Met Office has extended a yellow weather warning for fog across Northern Ireland. The warning remains in place from 3pm today, 11 January, until 3am on Friday, 12 January. A number of flights have been cancelled and passengers are being advised to check with airlines before travelling.
08 January 2018
NI Secretary Of State Resigns
Northern Ireland Secretary of State James Brokenshire has resigned. He said the resignation is due to ill health. It is understood he is to undergo surgery on one of his lungs. He took up the role in July 2016 and replaced Theresa Villiers.
18 January 2018
Fresh Talks To Restore Power-Sharing In NI to Begin
Fresh talks to restore power-sharing in Northern Ireland are to begin next week, the Secretary of state has confirmed. Karen Bradley was speaking alongside Irish foreign affairs Minister Simon Coveney outside Stormont today, 18 January.
09 January 2018
Karen Bradley Appointed New Secretary Of State
Culture Secretary Karen Bradley has been appointed the new Secretary of State. She has taken up the post after James Brokenshire stood down due to health reasons. Mrs Bradley has been the MP for Staffordshire Moorlands since May 2010. She also became Home Office Minister in 2014.
10 October 2017
Brokenshire: Some Progress Made On Talks But Still No Deal
The two main political parties in Northern Ireland have made some progress on aspects of language and culture in talks to restore a power-sharing government, according to the Secretary of State. James Brokenshire said the DUP and Sinn Féin had not reached a deal yet and "clear differences remain".
13 January 2004
NI Economic Research Institute swings into operation
The new Economic Research Institute will play an important role in contributing to economic debate and understanding in Northern Ireland and in the development of the local economy", according to Ian Pearson Parliamentary Under-Secretary of State.
10 January 2018
Secretary Of State Committed To Restoring Devolution In NI
The new Secretary of State for Northern Ireland has said she is committed to restoring devolution in NI, during her first official visit. Mrs Karen Bradley also said she was "delighted to be in Belfast".
10 January 2018
New Secretary Of State To Visit NI
The new Secretary of State Karen Bradley is to make her first ever visit to Northern Ireland today, 10 January. Mrs Bradley has replaced James Brokenshire after he resigned from the post due to health reasons. The former accountant moved from her former role as Culture Secretary in a cabinet reshuffle earlier this week.
26 January 2007
Minister unveils plan to transform NI economy
The Finance Minister David Hanson has today launched the Northern Ireland Regional Economic Strategy for public consultation.
02 October 2017
Brokenshire: Bombardier Jobs Are 'Absolutely Vital' For NI Economy
The Secretary of State has said Bombardier jobs are "absolutely vital" to the economy in Northern Ireland. Mr James Brokenshire was speaking after a meeting with Bombardier Chief Executive Michael Ryan and Unite the union to underline UK Government support for Bombardier in ongoing Boeing dispute.
09 December 2003
Development Forum push for economic progress
Members of the Economic Development Forum (EDF) are determined to work together and pool their collective resources to strengthen the local economy. This is according to Enterprise Minister, Ian Pearson who was speaking today at the 18th meeting of EDF at the offices of the Northern Ireland Council for Voluntary Action (NICVA) in Belfast.
26 January 2004
Economic Development Forum publishes first review
In its first review the Economic Development Forum has announced that employment levels in Northern Ireland are continuing to rise, earnings are increasing, and Northern Ireland is catching up with the UK in terms of some skill levels.