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Four star status for £5m upgrade hotel

Mon, 06 Jul 2009 12:52:49 GMT

A £5 million upgrade for the Park Avenue Hotel in east Belfast paid dividends when it was announced today it had achieved four star status.

Advertising spending 'to fall until 2011'

Mon, 06 Jul 2009 10:41:11 GMT

Advertising spending in the UK will be mired in decline until 2011, figures released today revealed.

Scrappage scheme slows car sale fall

Mon, 06 Jul 2009 08:52:21 GMT

The Government's "cash for bangers" car-scrappage scheme is slowing the decline in new vehicle sales, figures out today revealed.

Aepona strengthens its position

Mon, 06 Jul 2009 08:49:10 GMT

Belfast telecoms software specialist Aepona has acquired Dublin company Valista for an undisclosed sum.

Awards to recognise our true business achievers

Mon, 06 Jul 2009 08:48:30 GMT

Northern Ireland businesses have been invited to enter the 2009 Ulster Bank Business Achievers Awards, officially launched today

National Express in £400m cash-call

Mon, 06 Jul 2009 08:45:44 GMT

National Express is reportedly planning a £400 million investor cash-call as speculation mounted over the group after the Government's move to re-nationalise its East Coast rail franchise.

Cross-border talks on Ireland's economic revival

Mon, 06 Jul 2009 00:42:04 GMT

The potential for cross-border co-operation to pull Ireland out of the economic crisis will top the agenda at the latest North/South Ministerial Council today.

Cross-border talks on Ireland's economic revival

Mon, 06 Jul 2009 00:42:04 GMT

The potential for cross-border co-operation to pull Ireland out of the economic crisis will top the agenda at the latest North/South Ministerial Council today.

Bankers warned over risk taking

Fri, 03 Jul 2009 11:52:38 GMT

Alistair Darling has warned bankers to stop backsliding into their bad old ways as he promised a much tougher regulatory system to prevent a repeat of last autumn's financial crisis.

Mortgage debts down by £8bn as house prices fall

Fri, 03 Jul 2009 11:49:51 GMT

UK homeowners reduced their mortgage debt by a record £8.14bn during the first quarter of the year, figures showed today.

Belfast tourism boosted by euro bonanza

Fri, 03 Jul 2009 11:45:56 GMT

Belfast's tourism industry got a huge boost from the strength of the euro against the pound last year, new figures released by Belfast City Council show.

Green technology ‘could help create 250,000 jobs’

Fri, 03 Jul 2009 11:42:39 GMT

Wind and wave power could generate up to £70bn for the UK economy, according to a new report from the Carbon Trust.

Biochips and wood chips are top award winners

Fri, 03 Jul 2009 11:32:13 GMT

Two Northern Ireland firms have landed top prizes at the UK Manufacturing Excellence Awards.

David Prosser: Is the Post Office’s decline signed, sealed, delivered?

Thu, 02 Jul 2009 03:52:58 GMT

No doubt the champagne corks have been popping in trade union officials' offices since yesterday's volte-face on Post Office privatisation.

Three consortia seek to supply energy plant

Thu, 02 Jul 2009 03:50:08 GMT

The tender process for a controversial Energy from Waste plant has taken another step forward.

Ulster energy firm set to create 70 jobs in Republic

Thu, 02 Jul 2009 03:48:36 GMT

Northern Ireland firm O'Kane Plumbing and Electrics has announced plans for more than 70 new jobs in the Republic.

Virgin could axe up to 600 staff

Thu, 02 Jul 2009 03:48:11 GMT

Sir Richard Branson's airline Virgin Atlantic is to cut back on some services this winter with the possibility of 600 jobs being lost.

State of economy halts Royal Mail sell-off

Thu, 02 Jul 2009 03:47:55 GMT

Part-privatisation of the Royal Mail will not go ahead as planned because of the depressed state of the economy.

£30m fund for ‘green’ buses may stimulate production

Thu, 02 Jul 2009 03:47:33 GMT

The Government has launched a new £30m fund to encourage the purchase of low carbon buses, a move that could have positive repercussions for Ballymena-based Wright Bus.

100,000 potential job losses in Republic of Ireland

Thu, 02 Jul 2009 03:47:13 GMT

Up to 100,000 jobs could be lost in the Republic’s construction industry over the next year unless the Irish government commits to major public infrastructure projects, it has been claimed.

RBS close to Asian sell-off deal

Thu, 02 Jul 2009 03:46:35 GMT

Ulster Bank’s parent company Royal Bank of Scotland, which is 70% owned by the taxpayer, has moved closer to selling its Asian businesses after two suitors emerged as front runners to secure a deal.

Jewellery retailer is to open 11 new shops

Thu, 02 Jul 2009 03:45:45 GMT

Fashion jewellery retailer Argento is bucking the economic downturn by opening 11 new stores this year with a £2m investment.

Vodafone ends three-year exile with Carphone Warehouse deal

Thu, 02 Jul 2009 03:43:29 GMT

Vodafone, the world's largest mobile phone company, has intensified its efforts to take back its home UK market after ending a three-year exile from Carphone Warehouse stores.

Stratagem website gets the Twitter factor

Wed, 01 Jul 2009 12:49:47 GMT

Belfast-based public affairs consultancy Stratagem has integrated a range of new technologies into its refreshed website.

Local companies briefed on Olympic opportunities

Wed, 01 Jul 2009 10:38:48 GMT

Around 150 local companies have been briefed by the Olympic Delivery Authority (ODA) on the new business opportunities developing from the London 2012 Olympic and Paralympic Games.