Hi °C | Lo °C Raising a toast to revolutionary King
Just when we thought the green shoots of recovery had wilted, been clamped in a silo and turned to silage, the one and only Mervyn King steps forward to sprinkle his magic dust over the UK economy.
Northern Ireland's most popular airline easyJet halves winter loss
EASYJET, Northern Ireland's most popular airline, has halved its winter losses in the first part of 2013.
C&C shares rise ahead of 'transitional' year
SHARES in C&C have risen after the company reported full year results that hit market expectations despite the poor weather.
Hats off to sports company
A SPORTS equipment company in Co Tyrone has developed a new lightweight hurling helmet with research and development support from Invest NI. O'Neill's' new helmet has a removable, washable inner lining for increased hygiene and can be customised with names and club crests. The firm invested £300,00 in the project, its first in research and development, and Invest NI £76,900.
Asda six flying off to States
Six Asda workers in Northern Ireland have been awarded much coveted positions at the annual Wal-Mart Shareholders meeting in Bentonville, USA. Flying out to Bentonville in early June, they will join the company's most senior executives and 30,000 other employees from across the globe for the celebratory week-long conference.
Oil giants issued warning
Oil giants BP and Shell were warned by Downing Street that they must co-operate fully with a European Commission investigation into price-rigging claims. No 10 described allegations that firms manipulated the oil price as "concerning". However, a spokesman said there were no plans for UK competition authorities to mount their own inquiry.
It's a Mens world for top apprentice
AN 18-YEAR-OLD apprentice engineer from Co Tyrone with a "passion" for his discipline was named Apprentice of the Year by the Department for Employment and Learning.
14,000 HSBC jobs face axe as bank slashes cost base
HSBC has warned that it could cut up to another 14,000 jobs worldwide as chief executive Stuart Gulliver continues to take the axe to the cost base of Europe's biggest bank.
Outsourcing firm's revenue up 25%
AN outsourcing firm with four centres in Northern Ireland has seen a 25% growth in revenue to $517m (£339m).
UK tumbles seven places in table of household income
Household incomes in the UK fell behind Australia and France in the financial downturn as the country tumbled down the rankings comparing major economies.
Sammy: banks must be freed from debts
BANKS in Northern Ireland need to off-load their bad housing debt to a Nama-style agency and should face more competition for the good of the overall economy, the Finance Minister has said.
Airline snaps up 'spare' Leeds flights after departure of Jet2
A RIVAL airline and airport have snapped up an extra Belfast to Leeds Bradford slot after Jet2.com withdrew the route from Belfast International Airport.
New fashion ranges 'step in right direction': M&S boss
The team tasked with giving Marks & Spencer's fortunes a makeover last night unveiled the key fashion pieces they think will bring customers back to the ailing store.
Monte Carlo final beckons for innovative entrepreneurs
AN animator and a mashed vegetable pioneer are among seven entrepreneurs from Northern Ireland who are through to the final of a major all-island business competition.
Bank of Ireland building momentum with special seminars
A TANNING guru and a TV 'Dragon' will be among the speakers at events aimed at giving advice for businesses here.
ACCA counters finance fears
The chances of a small company in Northern Ireland being able to secure an overdraft are higher than anywhere else in the UK, according to a survey by an accountancy body.
Northern Ireland finance and leasing firm to create 15 posts
FIFTEEN JOBS are to be created in an investment by vehicle hire company Donnelly Finance and Leasing.
Jobs fears as Tata wipes £1bn value off operation
FEARS over the future of UK steel jobs have been raised after India's Tata Steel wiped £1bn from the value of its European operations.
Osborne calls on EU to take on tax evaders
Chancellor George Osborne has called on the European Union to "take the fight" to tax evaders and avoiders.
Farm wages fall due to weather
IRISH agriculture authority Teagasc's National Farm Survey 2012 showed average incomes on the Republic's farms fell from over €30,000 (£25,000) in 2011 to €25,383 (£21,000) last year. The main reason for last year's income drop was that costs rose due to bad weather hitting cereal yields, forcing farmers to buy more fodder.
Latest Business News
Boatbuilder reels in export contract
A CO DOWN boatbuilder is celebrating new export success to the Republic of Ireland.
Half of firms battle for their survival
Nearly half of businessess in Northern Ireland and the Republic are contracting, fighting for survival or in the process of winding up, according to a new survey.
'Cash flow remains big challenge'
The high level of debtors over 90 days goes some way to explaining why cash flow is consistently ranked as a significant challenge that respondents are reporting as having an impact on their business.
Republic will not apologise for low tax regime, says minister
The Republic's jobs minister Richard Bruton has said that Ireland "makes no apology" for the low tax regime that encourages multi-national corporations like Google to locate their European headquarters there.
Pub gloom deepens as Belfast nightclub put on market for just £300,000
A well-known Belfast nightspot has gone on the market with a price tag of £300,000.
Ryanair tells pilots that passenger safety fears letter is ‘gross misconduct’
Budget airline Ryanair pilots have been told not to sign a letter to airline regulators expressing concern that the airline’s employment practices could jeopardise passenger safety.
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