12/08/2021

NI Businesses Praised For 'Resilience And Creativity'

The resilience and creativity of Northern Ireland's businesses has been praised by the Economy Minister Gordon Lyons as he has pledged to keep his focus on recovery and rebuilding the econom.

Minister Lyons made the comments during a speech at Lisburn Chamber of Commerce's annual President's Lunch at Hinch Distillery.

The Minister said: "Covid-19 has dramatically reshaped our economy but it has also highlighted the resilience and creativity of our business community. It has given us all a determination to rebuild and refocus our economy as we seek to deliver our 10X vision.

"Rightly, much of the focus during the pandemic was on supporting our businesses and economy through the worst days. My Department worked quickly and efficiently and, as a result of this, provided over £514million in support. This secured thousands of jobs and businesses and ensured that when restrictions were lifted we still had an economy to rebuild.

"That early support built a solid bridge to where we are now – which is working on achieving an uninterrupted and sustainable reopening of our economy.

"I want to publicly thank businesses owners, staff and workers for everything they did and the sacrifices they made during the darkest of days when Covid-19 was at its height. We witnessed the very best of our business community; pivoting to produce PPE; providing local deliveries to the most vulnerable in our communities and ploughing on through the most challenging of conditions.

"Whilst we still need to be cautious, I am confident about the future. The 10X Economic vision for Northern Ireland is an ambitious vision, which focuses on innovation, ensuring the benefits of economic growth benefit all our people, and which delivers positive outcomes for the economy, society and the environment.

"I look forward to working with you to ensure we meet my aim for Northern Ireland to become one of the world's leading small economies."

The Minister added that the economy will be boosted by the High Street Scheme which will give everyone aged 18 and over a pre-paid card worth £100 to spend on their high streets.

Minister Lyons also visited a number of County Down retail businesses including car dealership Bells Crossgar and homeware and hardware store Jacksons of Saintfield.

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

07 February 2024
Executive To Present 'United Case For Fair And Just Settlement'
The Executive will take a united case for a fair and just settlement for public sector workers and public services to Westminster, First Minister Michelle O'Neill and deputy First Minister Emma Little-Pengelly have said.
05 February 2024
Executive Calls For Urgent Talks On Long-Term Funding Stability
The Executive has written to the Prime Minister Rishi Sunak to call for an urgent discussions on long-term funding stability to deliver public services.
23 January 2024
Highrise Safety Cannot Progress Without Minister – Alliance
The Alliance Party has raised concerns that new safety plans by the Department for Communities designed to address fire safety in high rise buildings will not be delivered without a Minister to take them forward.
12 May 2021
Economy Minister Launches New Vision For The Economy
Economy Minister Diane Dodds has launched her ambitious economic vision which will lead to better jobs with better wages. In '10X Economy: An Economic Vision for a decade of innovation' Minister Dodds outlines the steps her Department will take to ensure Northern Ireland is positioned amongst the elite small open economies in the world.
25 January 2024
SDLP Challenges PM To Back UN Call For Gaza Ceasefire
Colum Eastwood has challenged Prime Minister Rishi Sunak to ensure the UK backs the United Nations' call for a ceasefire in Gaza. During Prime Minister's Questions on Wednesday the SDLP Leader and MP asked the PM would the UK's representative vote in favour of the next UN resolution on a ceasefire. The UK abstained on the last UN vote.