Jim Fitzpatrick and Richard Ramsey unpack the latest economic stats for Northern Ireland, revealing a complex picture for the hospitality sector which, despite a busy summer, is struggling with profitability due to soaring labour and food costs. They explore the grim outlook for public finances, where major spending pressures would naturally force deep cuts and unpopular revenue-raising measures, but will the tough choices be made? This leads to a wider discussion on why Northern Ireland struggles to deliver major infrastructure projects, contrasting today’s inaction with ambitious nation-building from a century ago. Finally, the duo consider a provocative question: do we need a government of engineers, like China, instead of lawyers in order to get things done?

Brought to you in association with EY.

The views and opinions expressed by guests on this podcast are their own and do not reflect the views or positions of EY or its other member Firms. EY proudly sponsors the Trading Up podcast but does not endorse or take responsibility for any statements made by individual guests. The Trading Up podcast is for informational and entertainment purposes only and does not constitute professional advice.

Instagram - https://www.instagram.com/tradinguppodcast/

TikTok - https://www.tiktok.com/@tradinguppodcast

Hosted on Acast. See acast.com/privacy for more information.