Scott Baxter, Associate Director, Business Consulting It is no secret that technology is significantly changing the banking landscape. In addition to the challenge of low interest rates squeezing the bottom line of banks, competition within the market is further driven by new entrants who are well placed to offer the agile, quicker and more accessible…

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Business

Áine Logan, Associate Director, Business Consulting “The whole way that we do business, that we live and that we have grown accustomed to in the industrial age, will have to be changed. We will have to leave that behind us in the next 30 years and we have to come to completely new value chains.”…

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Return to the office

Patrick Gallen, Partner, People and Change Consulting, Grant Thornton Ireland Many of us have been working remotely for almost 18 months by this stage, with lots of highs and lows from that experience. There is a sense around the world that we all need to transition back to the office, with some form of hybrid/blended…

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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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Tariff

Lee Squires, Director, Indirect Tax From 1 January 2021, the Northern Ireland Protocol to the Brexit Withdrawal Agreement created a customs and regulatory border down the Irish Sea. There has been considerable focus in the media on the delays, logistical issues, and extra red tape that businesses face when moving goods from Great Britain into…

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People

Richard Gillan, Managing Partner, Grant Thornton Northern Ireland We all know it. The importance of people in an organistion. But in professional services firms, people aren’t just important – they are, just about, “everything”. The outbreak of COVID-19 and the economic lockdowns that followed brought obvious difficulties – not just for our people, but for…

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