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With less than 100 days to go until the old round pound loses legal tender status, Retail NI is encouraging its members, consumers and other businesses that are yet to prepare for the new 12-sided one pound coin, to do so now.

Retail NI Chief Executive Glyn Roberts said:

“2017 has seen big changes to banknotes and coins and it is vital that local retailers and consumers are aware of the deadline for the old pound coin losing legal tender status”

Sadly it is looking increasingly unlikely the Assembly and Executive are returning any time soon. Nevertheless, this should not stop the vital investment in key infrastructure projects; establishing City Deals for Belfast and Derry and creating more Enterprise Zones should be taken forward by the Secretary of State.

All of the above is included in the DUP and Conservative deal and there is no reason why we should not press ahead with these projects which are so crucial to the future success of our economy. Yes, it would clearly be preferable to have the Executive shaping and implementing all of this, but our economy needs to move forward.

 

Retail NI has responded to the statement made by the Secretary of State for Northern Ireland to the House of Commons on Devolution talks.

Retail NI Chief Executive Glyn Roberts said:

“Government in Northern Ireland cannot be run on a ‘care and maintenance’ basis for much longer. Key decisions on funding for key infrastructure projects need to be made, not postponed”

“Having no devolved government and continuing political limbo directly contributes to further instability which is neither good for business nor the economy as a whole”

Retail NI has welcomed the new hourly Londonderry-Belfast hourly train service, which starts today.

Retail NI Chief Executive Glyn Roberts said:

“This enhanced service is good news for shoppers, tourists, retailers and the local economy as a whole. Enhancing our regional transport infrastructure is a vital economic priority for Northern Ireland”

“Improved connectivity between our two main cities is crucial, not just for the North-West but for the region as a whole”

Retail NI Chairman Nigel Maxwell, Lord Mayor of Belfast, Councillor Nuala McAllister, Retail NI CEO Glyn Roberts and Translink's Alan Egner

Retail NI has launched this year’s Independents’ Day describing it as bigger and better than ever before at a packed launch last night, addressed by the Lord Mayor of Belfast.

Independents’ Day is Retail NI’s signature campaign, celebrating the huge contribution independent retailers make to the local economy and high street. It encourages shoppers to do that little bit extra on 4th July with their local independent retailer.

Retail NI has given a broad welcome to the financial support package agreed by the DUP and Conservative Party today.

Retail NI Chief Executive Glyn Roberts said:

“Retail NI broadly welcomes this new financial package for Northern Ireland. Investing in Skills and Infrastructure is absolutely critical for the future success of the Northern Ireland economy, particularly along side a competitive rate of Corporation Tax”

Retail NI has urged politicians locally and nationally to redouble their efforts to establish stable Governments in London and Belfast.

Retail NI Chief Executive Glyn Roberts said:

“With the General Election out of the way, all the local parties now need to go the extra mile to secure a return to devolution by the end of the month”

“Having no Budget, no Programme for Government and indeed no Government creates political instability which is bad for business confidence and the economy as a whole”

Retail NI has welcomed Belfast City Council’s vote to drop plans to extend Sunday Trading by designating the City with Resort Status. This would have allowed large multinational supermarkets above 3000 sq. ft. to open all day for 18 Sundays per year.

Retail NI Chief Executive Glyn Roberts, who presented to the Council’s Strategic Policy and Resources Committee this morning said:

Retail NI has expressed concern at proposals in the Labour Party manifesto, published today, to increase Corporation Tax and introduce a £10 minimum wage.

Retail NI Chief Executive Glyn Roberts said:

“This manifesto has some positive policy priorities such as big increases in investment in infrastructure, skills and pledging not to increase National Insurance contributions for our members”

Retail NI has issued a reminder to consumers and businesses to be aware that the old paper Bank of England £5 note will be withdrawn from circulation this Friday 5th May and will be replaced with the new polymer £5 note that features Sir Winston Churchill.

 Retail NI Chief Executive Glyn Roberts said:

“2017 has seen big changes in our notes and coins, with the new £1 coin being introduced in March and now the old paper Bank of England £5 note being replaced with the new polymer version”

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