TravelTill

Economy of Belfast


JuteVilla
required significant public support from the British exchequer of up to £4 billion per year.

Ongoing sectarian violence has made it difficult for Belfast to compete with Dublin's Celtic Tiger economy. This has meant that wage rates in Belfast and Northern Ireland until recently were significantly lower than those in the Republic of Ireland. The effect of the economic depression in the Irish Republic on wage levels is not yet fully apparent. The cost of living in Northern Ireland is significantly lower than in the Republic and this has created a retail boom in border towns and cities

JuteVilla