Business

Business

Carrickfergus ranked top market town in Northern Ireland

Carrickfergus is celebrating after being named Best Market Town in Northern Ireland in a new study commissioned by Royal Mail.

Business
Gift Experience Ireland went out of business last month.

Supercar experience day cancelled after voucher company goes bust

A supercar driving experience day due to take place at Nutts Corner Circuit this weekend has been cancelled after the company hosting the event went bust.

Business
City of Derry Airport

City of Derry Airport facing £2.5m funding shortfall

City of Derry Airport is facing a £2.5 million shortfall in funding because of the continuing impasse at Stormont, Derry City and Strabane District Council has learned.

Business
Conor Boyle  of Lidl NI pictured, left, with Stephen Cameron of Dale Farm

Dale Farm secures global cheddar deal with Lidl

Dale Farm, the UK’s largest farmer-owned dairy co-operative is to supply cheddar cheese to its stores across the UK, Europe and the United States in a new deal agreed with supermarket Lidl.

Business
Confident but braced for slowdown

Dixons Carphone profits plunge in wake of cyber hack

Retailer Dixons Carphone has posted a slump in annual profits, a week after coming clean about a major cyber attack.

Business
The figure was lower than forecast helped by a 3%  increase in receipts

Hammond’s borrowing boost as tax receipts rise

Chancellor Philip Hammond has been given a boost after official figures showed Government borrowing declined in May, helped by higher tax receipts.

Business
At the site of the new scheme are: Cllr Stephen Ross; David Mcrea, Monkstown Community Association (MCA); Mark Cooper, Rolston Architects; Emma Connelly, Michael McDonnell and Hazel Bell, all from Choice Housing; Deborah Brown, Department for Communities; Mark Cooper, MCA; and Dermot Loughran, Brendan Loughran & Sons.

£2.6m investment will deliver 20 new homes in Monkstown

Residents have helped to shape a new £2.6m social housing scheme now underway in Monkstown.

Business
Pictured at its new premises at Queen's Road, Belfast, are Eirtech Aviation Composites CEO David Kerr, left,  and Invest Northern Ireland chief executive Alastair Hamilton

Inward investment brings 124 jobs in aviation sector

Irish aviation business Eirtech Aviation Services is set to create 124 jobs with the establishment of a new composites repair centre in Belfast.

Business
Glyn Roberts, Retail NI

Business organisation backs call for more powers for local councils

Business organisation Retail NI has backed the Northern Ireland Local Government Association’s (NILGA) call for additional powers for the Province’s 11 local councils.

Business
MNI CEO Stephen Kelly, left, with  Maureen Treacy of Perceptive Insight and James Donnelly, corporate partner at Tughans, at the survey launch

Manufacturing sector ‘growing and resilient’ despite upheaval

Manufacturing in Northern Ireland is a thriving sector adding jobs and enjoying ‘inflation busting’ pay rises according to the latest industry survey.

Business
Jailed banker David Drumm

Former Anglo boss gets six years

A former banker who led a bust institution which contributed to the collapse of the Irish economy has been sentenced to six years in prison.

Business
Digital DNA commercial director Simon Bailie with Demos director Jamie Bartlett and PwC partner Leo Johnson

Digital sector ‘huge potential for significant inward investment’

A high level of talent, close proximity to major financial centres and competitive operating costs are just three of the reasons why Northern Ireland has huge potential to win significant inward investment, to grow its indigenous digital businesses and to push up wages.

Business
Liam Ferris, Mary-Jane McBride and Adam Grimley help launch AI Camp

Kainos search for undergrads to excel in AI

Kainos a leading Belfast based provider of digital services and platforms, has opened its application process for AI Camp, a training programme set to take place at Queen’s University Belfast this summer.

Business
Parents urged to leave the office on time and avoid working late at home

Plea to parents over work-life balance on longest day

Working parents are being urged to go home on time on Thursday - the longest day of the year - after a new study showed many are regularly putting in extra hours.

Business
Both bosses have played down the potential impact on smaller suppliers

MPS roast Sainsbury’s and Asda bosses over ‘Mickey Mouse’ data

Sainsbury’s and Asda bosses have been roasted over their £12 billion merger by MPs, who accused them of providing “Mickey Mouse figures” in response to questions about the impact on small suppliers.

Business

Cannabis mum is selling oil online

A Castlederg mother who has been campaigning to legalise medicinal cannabis has defended the fact that she is a director of a company that sells cannabis oil online.

Crime
There are some signs that retail trends are moving in the right direction

High street retailers ‘more optimistic’- survey

Many retailers in Northern Ireland are experiencing a new sense of confidence despite the the current woes facing the sector, an industry spokesman has claimed.

Business
Seatruck Ferries CEO Alistair Eagles joins Warrenpoint CEO Clare Guinness at the investment announcement

£90m investment ferry boost for Warrenpoint harbour

A £90 million investment by Irish logistics firm Seatruck Ferries has been hailed as a significant boost for Warrenpoint Harbour.

Business
Time is getting tight for Poundworld's adminstators to come up with a deal

Poundworld axes 100 jobs as search for buyer continues

Poundworld has axed around 100 jobs from its head office as administrators struggle to find a buyer for the business.

Business
Hard road ahead for Debenhams

Debenhams shares drop on third profit warning of year

Debenhams shares plunged after the retailer issued its third profit warning for 2018, saying market weakness and competitor discounting had hit sales.

Business
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