Business

Business

IAG profits soar above £2bn despite sterling collapse

BA owner IAG owner of British Airways has taken a 460 million euro (£389 million) Brexit hit following the collapse in the value of the pound, but still managed to report rising profits last year.

Business
The risk of rates defaults grows with delays in dealing with the issue

Political stalemate could prompt rates crisis warns Long

Northern Ireland is facing a rates crisis if power-sharing at Stormont cannot be restored after the election, it has been warned.

Business
RBS is still in the cold while rivals have begun to show a return to profit

More jobs set to go as RBS posts £7bn annual loss

Royal Bank of Scotland (RBS) has reported a £7 billion annual loss and announced a major cost-cutting drive expected to result in large-scale job losses.

Business
Paying out more money

Northern Ireland warned of potential rates crisis due to political stalemate

Northern Ireland is facing a rates crisis if power-sharing at Stormont cannot be restored after the election, it has been warned.
News
A first class stamp will increase by 1p to 65p and second class by 1p to 56p when the changes are introduced on March 27.

Price of stamps to increase by 1p

The price of stamps is to increase, Royal Mail has announced.

News
Alan MaCombe and daughter, Maureen Keys are pictured with Richard Walker, Genus ABS.

Partnership improves management

Do you feel that there is scope on your farm to further improve fertility, cow type and overall management?

Farming
(NIFDA) has appointed Declan Billington as its new chair

Harper Adams students dine out

The Harper-Ireland Club for students from Ireland at Harper Adams University will hold its annual dinner in Shropshire on Friday evening, 24th. The guest speaker will be Declan Billington.

Farming
Picture (L-R): Ronan McLaughlin, development chef at Linden Foods,
Pauline Gordon, marketing executive, Linden Foods and Claire McCrory - NPD technologist, Linden Foods

Gourmet burgers from Linden Foods

Linden Food Group, the leading Northern Irish meat processor, has launched a 20-strong range of gourmet burgers for both retail and foodservice under its established Turf & Clover – Honest Irish Meat brand.

Farming
Francis Connon uses Provita Protect for all his newborn calves

Provita Protect proven and trusted to reduce calf scour

Across Northern Ireland and further afield Provita Protect POM-VPS is trusted to give calves the best possible, scour-free start in life.

Farming
Weakness in buy-to-let and home movers has been offset by an increase in first-time buyers and re-mortgage lending

Banks report their strongest mortgage business since 2008

Banks and building societies have reported their strongest January mortgage lending figure since 2008 amid signs that the market is holding up “pretty well”.

Business
Retailers expect deterioration

Retail sales rebound cools demand slump predictions

A rebound in retail sales has cooled predictions of a slump in consumer demand at the start of the year, figures suggest.

Business
Belfast International managing director Graham Keddie and Norwegian CEO Bjorn Kjos at the press conference to announce the airlines two new routes to the east coast of the United States

Norwegian Air reinstates Ulster link with low-cost flights to US

Northern Ireland’s transatlantic air link is to be re-instated this summer following confirmation that Norwegian Air will begin services linking the province and the Irish Republic to the US East Coast.

Business
UFU president Barclay Bell

Farmers bring £1/2 billion boost to the local economy

Farmers across the province spend close to half a billion pounds annually in Northern Ireland according to new figures released by the Ulster Farmers’Union.

Business
Ryanair not alone in needing information the airline said

Ryanair calls for ‘clarity’ on Brexit in next 12 months

The UK aviation industry is one year away from needing to know how it will be affected by the Brexit negotiations, Ryanair has claimed.

Business
Norwegian Air of a Boeing 737 MAX aircraft which operate low-cost transatlantic flights from Northern Ireland

Norwegian Air promises low-cost links to USA from Belfast

Low-cost transatlantic flights will link Belfast to the US East Coast, it has emerged.

News
Growth revised downward

UK loses G7 ‘fastest growing’ title despite Q4 growth

Britain’s economy picked up speed in the final three months of last year, but a downward annual revision has lost the UK its title as the fastest growing country in the G7.

Business
BMI will run flights from City of Derry Airport to Stansted

BMI to run Londonderry-Stansted flights after Government funding pledge

The UK Government has pledged almost £4 million to subsidise an air route between Londonderry and London.

News
First Trust Bank to close half its branches in Northern Ireland

First Trust Bank to close half its branches in Northern Ireland

First Trust Bank is to close 15 branches in Northern Ireland.

Business
City of Derry Airport.

BMI to run Londonderry-Stansted flights after government funding pledge

The UK Government has pledged almost £4 million to subsidise an air route between Londonderry and London.

Business
The inquiry into the interconnector will address environmental and other concerns around the scheme

Interconnector ‘essential’ for business says industry

A group comprising key players across the power industry has become the second powerful lobby voice backing the long-awaited second North South Interconnector a the public inquiry into the plans began.

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