Belfast Telegraph

Monday 28 July 2014

June Edition of Business Month

Editor's note

WELCOME to the June edition of Business Month, where we’re reporting on some of the unexpected outworking’s of the economic recovery.

The trend for UK funds to snap up commercial properties here is nothing new. However, the arrival of US giants like Cerberus, which has purchased Nama’s loan book in Northern Ireland, and Marathon Asset Management, new owners of The Obel and two retail parks, is a remarkable development and one which Rebecca Kincade pays close attention to in this month's cover story.

But not all the repercussions of recovery are working out in an entirely positive way. In his Inside Report, Paul Gosling considers whether the falling claimant count is evenly spread around the province, and whether the recent brace of jobs announcements are benefiting the areas hardest hit by the recession.

Clare Weir takes an in-depth look at the dairy sector, which has received a fillip from Dale Farm buying some of the Fivemiletown cheese brands.

And Simon Rowe looks at the last few years of job creation in big-name law firms setting up back offices in Northern Ireland.

Here’s hoping for more good news for the remainder of June — please enjoy the magazine in the meantime.

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