Economic growth will slow warns think tank
By Simon Cunningham
GROWTH of the north's economy will slow significantly over the next few years according to a think tank.
The Northern Ireland Centre for Economic Policy (Nicep) is forecasting the economy will have grown by 2.2 per cent this year before reducing to 1.9 per cent growth in 2015 and 1.3 per cent for the years that follow.
Its Autumn 2014 Outlook report, unveiled at a First Trust Bank business briefing yesterday said reduced public spending and an expected rise in interest rates will curb growth for several years.