IT is well established that one of the main reasons why the UK economy has grown relatively slowly compared to many other countries over the last 100-plus years is that we simply don’t invest enough.
Data suggests NI suffered worst of both worlds on economic and health fronts in 2020 A leading economist has said the argument that Stormont traded off a worse economic outcome to have fewer Covid deaths does not stand up. Picture by Mal McCann. Ryan McAleer
Dr Esmond Birnie.
THE north suffered the worst of both worlds on economic and health fronts in 2020, a leading economist has suggested.
Ulster University’s Esmond Birnie said Northern Ireland probably experienced one of the most severe economic contractions in Europe, with GDP shrinking by 12 per cent.
He said the north is now very likely in the midst of a double dip recession.