Council challenged over £400k allocation for postponed events belfasttelegraph.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from belfasttelegraph.co.uk Daily Mail and Mail on Sunday newspapers.
Ulster University economist Dr Esmond Birnie said the cost to the local economy would easily run into the millions And as we re seeing all the time, various establishments are shutting down permanently. We saw Thorntons shut all their physical shops in the UK, but obviously we ve lost a lot of chains of retailers. I imagine there will be a lot of cafes and restaurants - when the restrictions are lifted - who sadly will have given up.
Asked about what support may be needed for organisers of cancelled events, he said: I suppose there is a question of how to incentivise or stimulate people back on to the high street to spend.
Council to spend £76,000 on events that won t take place derrynow.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from derrynow.com Daily Mail and Mail on Sunday newspapers.