NI Chamber president praises leadership of the business community

Speaking at the annual president’s banquet, she used the platform to hail the leadership demonstrated by businesspeople in all sectors in the face of uncertainty.

Addressing an audience of almost 800 people in ICC Belfast which included businesses, politicians, the NI Secretary of State and the television presenter Richard Osman, she spoke about some of the many issues facing firms in the current climate.

“Prices are right at the heart of business and people’s concerns,” she explained.

"Supply chain issues are continuing to drive costs, alongside an energy crisis and a 41 year high inflation level. When it comes to people, we have a shortage of labour and skills which impacts on productivity and growth. Then there is politics. We have a divided, unstable political climate globally, nationally and locally which is not good for businesses, nor is it good for households.”

Speaking about the lack of a local Executive, she continued: “We have had nearly six years of no proper political decision making, when you combine almost 200 days since the election in May with no Executive for three years in 2017 and two years of Covid. We are falling behind significantly in many areas. Important time has been lost and at great cost. Restoring an Executive may not solve the crisis but its absence makes things worse.

“Let’s get the issues with the Protocol sorted once and for all, to protect our consumers and unlock our economic potential. Let’s get our Executive in place and get our public finances in order and let’s see some strong and decisive leadership from our political representatives on key issues.”

Ahead of the 25th anniversary of the Belfast Good Friday Agreement, Mrs McAuley discussed what the peace deal has meant for economic prosperity: “Things in NI were starting to change for the better. NI was becoming a different place, a welcoming place, an inspiring place. And it is even more so now.

“It’s amazing to reflect on how far we’ve come in this time. This truly is a place where big ideas are thriving, ideas that didn’t exist 25 years ago. There is much to be proud of. We have a global reputation for innovation.

“We have come such a long way in that time. If we continue to support and develop more big ideas imagine what NI might look like in the next 25 years.”

The president’s banquet was supported by NI Chamber’s Communications Partner, BT.

Paul Murnaghan, regional director for BT Enterprise in NI, added: “As one of NI’s largest employers, at BT we share the Chamber’s ambition, drive and commitment to support business renewal and growth following challenging economic times and after a tumultuous few years.

“Through investment, innovation and R&D, BT will continue to develop forward-thinking solutions to help rebuild the economy here, as well as to retain local talent and drive inward investment.

“I would like to congratulate the Chamber for hosting such a successful evening. Networking is a contact sport, and what better way to help build our networks than by creating a forum for over 700 local businesses to continue to work together to thrive and generate economic renewal across NI.”