A survey of 750 companies across the island shows small and medium enterprises in Northern Ireland favouring operational stability over expansion. Sixty-five per cent report stable performance, the highest level recorded, while a quarter pursue growth.

Looking to 2026, nearly seven in ten businesses plan to maintain current levels. Thirty-six per cent target turnover increases. Workforce expansion intentions have declined, with skills shortages limiting recruitment in multiple sectors.

Investment plans grow more cautious, as fewer firms commit to large capital spending. Northern Ireland SMEs show greater external orientation, with 29 per cent conducting cross-border sales against 18 per cent in the South. They also source more across the border at 28 per cent, compared to 22 per cent elsewhere.

Cross-border traders and exporters outperform others and hold brighter outlooks. Over three-quarters of those involved view such trade as a path to wider exporting. Northern Ireland's Economy Minister Dr Caoimhe Archibald MLA stressed support for exporters.

InterTradeIreland's Martin Robinson, Director of Strategy, pointed to opportunities in island-wide supply chains for local development.