Ruairdhri McIlroy, Assistant Manager, Tax at Grant Thornton With a ban on the sale of new petrol and diesel cars planned in the UK from 2030, the rise in popularity of electric vehicles (EV) seems certain. Globally there has been rapid growth of EV sales, and manufacturers are responding with an ever-growing choice of new…

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job resignation

By Patrick Gallen, Partner, People and Change Consulting, Grant Thornton Ireland Like me you may have heard of the term the ‘Great Resignation’ over the last few months. The phrase was coined in the US and describes the current mass exodus of employees from the workforce. The term is equally relevant across the UK and…

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Katie Scott, Associate Director, People and Change Consulting Right now the hot topic most people are considering is ‘where’ staff are going to work, after more than a year of remote working it is no wonder it is at the fore. However, with the recent news that in the US, UK, and Ireland investment is…

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Online Safety Bill

Samuel McCormick, Assistant Manager, Forensic and Investigation Services Figures disclosed by the UK’s police forces have revealed that there have been over 416,000 reports of fraud and cyber-crime during the COVID-19 pandemic. Fraudsters were most prevalent between April and May 2020, and again in January 2021, when national lockdowns were in place. This is the…

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Business plan

Colin Piggott, Associate Director, Tax If one thing is clear, it is this: the COVID-19 pandemic has not affected all businesses alike. For some businesses, the objective has been merely to survive. For others, due to the nature of their business, or perhaps due to an inspired new business idea, trading during the pandemic has…

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Down Royal Racecourse

Leading business advisory firm, Grant Thornton, has signed a new sponsorship deal with Down Royal Racecourse. The investment will give the firm exclusive naming rights to the race fixture on Friday 3 September – The Grant Thornton Race Evening – including four race titles. They include the ‘Grant Thornton Nursery Handicap’, and ‘Grant Thornton Ulster…

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Economy

By Andrew Webb, Chief Economist, Grant Thornton There has been a lot written about the 10x economy in the last few weeks, with the usual mix of cheerleaders and naysayers that any attempt to present a new plan brings. I have written many economic strategies over the past 15 or so years so I know…

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COVID

Gemma Johnson, Associate Director, Tax Having an abundance of cash on hand may not seem like too much of a problem for most of us, however there are potential downsides for businesses who are reporting excess cash on their balance sheets. Undoubtedly, the COVID-19 pandemic has hit many of our local businesses hard, and they…

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Income streams

Rachel Marsden, Manager, Audit & Assurance Even before the arrival of COVID-19, forward-thinking charitable organisations had already begun to consider how to diversify their income streams. They were looking to step away from traditional fundraising methods, as the early warning signs indicated a waning public appetite for direct debits and voluntary donations. Competition for grant…

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