Belfast Telegraph

Monday 29 December 2014

Institute of Directors annual dinner in Belfast

Jonathan Rowntree, Jason Holmes, Lynsey Mallon, Cathal Geoghegan
Jonathan Rowntree, Jason Holmes, Lynsey Mallon, Cathal Geoghegan
Bruce Dickinson
Suzanne Lunn, Helen Kirkpatrick and Mervyn McCall
Mark Nodder, Wilma McCall, Mervyn McCall, Stephen Farry
Adrienne McGill, Bruce Dickinson
Michael Clarke, Alan McKeown, Bruce Dickinson
John Simpson, Brenda Morgan, David Elliot
Tony Rice, Gary McDonald, Adrienne McGill, Deric Henderson, Symon Ross
Catriona Gibson, Paul McCrissican, Kieran McGarrigle, Wendy McVey
Peter Lunn, Suzanne Lunn, Katrin Lunn, Jenny Lunn, Chris Stewart and Richard de Leyser
Mark Nodder, Stephen Kingon, and Richard Barnett
Mervyn McCall, Ian Coulter and Ian Sheppard
Alan Taylor, Bruce Dickinson, Ian Sheppard and Mervyn McCall
Alan Taylor, Tim McGarry, Bruce Dickinson, Ian Sheppard and Mervyn McCall
Mervyn McCall, Brenda Morgan, Bruce Dickinson and Ian Sheppard
Brenda Morgan and Bruce Dickinson
Mervyn McCall, Bruce Dickinson and Ian Sheppard
Wilma McCall, Mervyn McCall, Bruce Dickinson and Ian Sheppard
Brian Shanks, Wilma McCall, Mervyn McCall , Tim McGarry, Ian Sheppard, and Bruce Dickinson
Brian Shanks, Tim McGarry, Ian Sheppard and Wilma McCall

The Chairman of the Institute of Directors, Northern Ireland Division, says the Northern Ireland Executive must “get serious about backing businesses” and establish a £250 million fund to aid business growth.

Mervyn McCall addressed business leaders at the IoD NI Annual Dinner in the Europa Hotel  and said “a fund of this size would demonstrate the Government is resolute in encouraging local companies.”

He added that it would also attract support from the European Investment Bank who has indicated they would co-finance a fund of this size. He said:

“The money needs to cover all aspects of our economy - high-tech start ups, budding entrepreneurs, first time exporters and established businesses requiring funding for growth and working capital.

“I don’t believe it’s possible for the banks to begin lending again on the scale required anytime soon and we can’t wait for the next initiative from No 11.

“To date, none of George Osborne’s programmes have had any effect on businesses in Northern Ireland. We need a local solution.

“The Department of Finance and Personnel, the Department of Enterprise, Trade and Investment and Invest NI have implemented some good initiatives which are helping growth but they are just not enough.”

Mervyn McCall told directors the Northern Ireland economy needed an export-focused business community with the attitude to match, a business friendly environment and low business taxes.

Guest speaker at the event was Bruce Dickinson,  lead singer of Iron Maiden.

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