Northern Ireland

  • Northern Ireland’s economy weathers the pandemic better than most UK regions February, 2021

    A nowcast for Northern Ireland for the 12 months ended December 2020, published by the Economic Statistic Centre of Excellence (‘ESCoE’), has estimated that the Province's economy contracted by 10.1%. This ranked Northern Ireland fourth in the UK. Over the same period the East Midlands was ‘best’ with a fall of 8.9%, with London’s 12.9% contraction the ‘worst’.ESCoE also gave estimates of regional growth over a longer period. Over the last five years, London, the East of England and the West Midlands have grown relative to the other parts of the UK despite experiencing some of the largest declines in...