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Study: NI households experience record drop in spending power
HOUSEHOLDS in the north have experienced a record drop in their spending, according to new research.
Households left with just £93.50 a week when all the bills are paid
THE discretionary spending power of the average Northern Ireland family has plunged by almost £45 a week, dropping below £100 for the first time since 2017.
Families' spending power in Northern Ireland erodes to £127 a week
FAMILIES in Northern Ireland have endured a £20-a-week collapse in their spending power, with just £127 disposable income left each week once taxes and items like mortgage/rent, utilities and general household bills have been paid.
Impact of cyber attacks a wake up call on level of threat
THE cost of cyber attacks on businesses across the UK is an eye-watering £34 billion annually, according to research by the Centre of Economics and Business Research (CEBR).
Full fibre broadband roll-out 'could see 30,000 people move to Northern Ireland'
THE deployment of ultrafast full-fibre broadband across the north would boost productivity in the region by more than £1 billion a year by 2025, enable tens of thousands more people to work from home, and remove as many as two million commuter trips a year, it has been claimed.
People in Northern Ireland need £812,000 to be considered 'wealthy'
PEOPLE in Northern Ireland claim they need more than £800,000 in their bank account to be deemed 'wealthy' - yet only three per cent have achieved that level of personal wealth.
Sharp growth in north's spending power, but still lowest in the UK
THE north has reported sharp growth in household spending power, but discretionary income remains the lowest in the UK, according to the latest research.
'Bank of mum and dad' predicted to be behind quarter of house sales in 2018
THE so-called 'bank of mum and dad' will be behind more than one in four house sales in 2018 but there are signs parents are increasingly feeling the pinch, according to projections.
Households left with £97 a week when all the bills are paid
THE average household in the north has a miserly £97 a week left for spending once all its priority bills are settled, the latest Asda income tracker says.
UK growth prospects downgrade with uncertainty after election and Brexit worries
ECONOMISTS have downgraded Britain's growth prospects in the wake of political uncertainty following the general election and as a prolonged Brexit drag on business investment looms.