The Ulster Society is urging policymakers to take immediate action to restore confidence in the economy. Key priorities include a detailed long-term economic strategy to support sustainable growth. The Ulster Society is also calling for greater investment in skills and education to address workforce shortages, as well as meaningful tax reform, including consideration of a more competitive corporate tax rate to stimulate investment.
The accountancy body also calls for support for businesses navigating sustainability requirements, and AI integration. Gillian Sadlier, Chairperson of the Ulster Society, said: “Northern Ireland’s business community remains resilient, but business confidence is low. We are in straitened times due to global economic conditions, and this has been thrown into sharper focus by President Trump’s tariff policies. Businesses are facing increasing costs, skills shortages, and a lack of clarity from policymakers. “If we are to build a stronger, more competitive economy, we need decisive action from government, investment in skills and infrastructure, and policies that enable long-term growth.” 270 Chartered Accountants in Northern Ireland took part in the survey.