Belfast Telegraph

UK growth gap 'needs to close'

By Clare Weir

Northern Ireland still needs "significant acceleration" to close the growth gap with other regions.

Chief economist for PricewaterhouseCooper in Northern Ireland, Dr Esmond Birnie, made the comments after the latest gross domestic product figures from the Office for National Statistics confirmed that the UK economy grew by 0.8% in the first three months of 2014 and by 3.1% year-on-year.

That growth rate places the UK among the most rapidly growing Western economies.

Dr Birnie said despite the absence of comparable local data – GDP is not measured for Northern Ireland – the available indications are that we are sharing the UK's recovery – albeit not as strongly as other regions.

Belfast Telegraph

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