Tag: credit

Coronavirus: Credit where it’s due

Image copyright Getty Images It has fared relatively well, but the banking and business services sector is still showing worrying signs of stress. Investment and employment have all turned negative, and although some are thriving, in general, business confidence is poor. Offices have been emptied, and an entire industry is now home-based. What will have changed when it returns to… Read more →

Coronavirus: Universal credit claims almost double in NI

Image copyright Getty Images The number of people claiming universal credit in Northern Ireland has almost doubled in two months. On 1 March, 70,000 people were claiming the payment, but by 26 April, that figure had risen to 126,000. When non-essential businesses closed in mid-March, applications rose ten-fold, said NI’s Department for Communities. Millions of people across the UK have… Read more →