http://www.belfasttelegraph.co.uk/business/business-news/?service=Rss http://www.belfasttelegraph.co.uk/business/business-news/interest-rates-to-stay-at-record-lows-says-nationwide-14571000.html http://www.belfasttelegraph.co.uk/business/business-news/interest-rates-to-stay-at-record-lows-says-nationwide-14571000.html?r=RSS <p> Building society Nationwide today forecast a protracted recovery from recession and interest rates at record lows until &quot;at least&quot; the final quarter of next year. </p> Business News Sat, 21 Nov 2009 00:57:22 +0000 http://www.belfasttelegraph.co.uk/business/business-news/businesses-warned-over-debt-elimination-scams-14570530.html http://www.belfasttelegraph.co.uk/business/business-news/businesses-warned-over-debt-elimination-scams-14570530.html?r=RSS <p> Consumers have been warned about contacting businesses that promise to get them out of debt, following an increase in complaints in recent weeks. </p> Business News Fri, 20 Nov 2009 11:15:07 +0000 http://www.belfasttelegraph.co.uk/business/business-news/economic-future-looking-brighter-says-uu-expert-14570529.html http://www.belfasttelegraph.co.uk/business/business-news/economic-future-looking-brighter-says-uu-expert-14570529.html?r=RSS <p> Northern Ireland is lagging behind Britain&rsquo;s economic recovery but remains better placed than many other UK regions, according to economist Mike Smyth. </p> Business News Fri, 20 Nov 2009 11:13:39 +0000 http://www.belfasttelegraph.co.uk/business/business-news/eu-programmes-could-benefit-northern-ireland-economy-14570309.html http://www.belfasttelegraph.co.uk/business/business-news/eu-programmes-could-benefit-northern-ireland-economy-14570309.html?r=RSS <p> Finance Minister Sammy Wilson has launched an initiative to encourage greater Northern Ireland participation in European co-operation programmes. </p> Business News Fri, 20 Nov 2009 10:06:35 +0000 http://www.belfasttelegraph.co.uk/business/business-news/common-sense-needed-to-sort-public-finances-14570103.html http://www.belfasttelegraph.co.uk/business/business-news/common-sense-needed-to-sort-public-finances-14570103.html?r=RSS The Northern Ireland Executive has been urged to restore "common sense" to the public finances, regardless of the political consequences. Business News Fri, 20 Nov 2009 08:00:00 +0000 http://www.belfasttelegraph.co.uk/business/business-news/students-given-chance-to-learn-from-entrepreneurs-14570104.html http://www.belfasttelegraph.co.uk/business/business-news/students-given-chance-to-learn-from-entrepreneurs-14570104.html?r=RSS Local entrepreneurs are to share the secrets of their success with more than 2,000 students across Northern Ireland as part of a series of masterclasses designed to inspire young people to start their own businesses. Business News Fri, 20 Nov 2009 08:00:00 +0000 http://www.belfasttelegraph.co.uk/business/business-news/top-bonds--withdrawn-after-only-one-month-14570105.html http://www.belfasttelegraph.co.uk/business/business-news/top-bonds--withdrawn-after-only-one-month-14570105.html?r=RSS National Savings and Investments (NS&amp;I) has pulled its market-leading bond, less than a month after it was launched. Business News Fri, 20 Nov 2009 08:00:00 +0000 http://www.belfasttelegraph.co.uk/business/business-news/uk-jobless-could-soar-even-in-a-recovery-14570107.html http://www.belfasttelegraph.co.uk/business/business-news/uk-jobless-could-soar-even-in-a-recovery-14570107.html?r=RSS The UK's jobless rate could soar to 9.5% in two years' time, even after the economy begins to recover, a leading economic body has warned. Business News Fri, 20 Nov 2009 08:00:00 +0000 http://www.belfasttelegraph.co.uk/business/business-news/cbi-chief-bangers-for-cash-should-be-extended-14570106.html http://www.belfasttelegraph.co.uk/business/business-news/cbi-chief-bangers-for-cash-should-be-extended-14570106.html?r=RSS The leader of Britain's biggest business group today urged the Government to extend the car scrappage scheme until the general election to help recovery from recession and boost employment. Business News Fri, 20 Nov 2009 08:00:00 +0000 http://www.belfasttelegraph.co.uk/business/business-news/public-borrowing-increases-by-pound114bn-14569481.html http://www.belfasttelegraph.co.uk/business/business-news/public-borrowing-increases-by-pound114bn-14569481.html?r=RSS <p> UK borrowing ballooned by a higher than expected &pound;11.4bn in October, official figures showed today. </p> Business News Thu, 19 Nov 2009 13:46:41 +0000 http://www.belfasttelegraph.co.uk/business/business-news/rise-in-retail-sales-and-mortgage-lending-boosts-economy-14569478.html http://www.belfasttelegraph.co.uk/business/business-news/rise-in-retail-sales-and-mortgage-lending-boosts-economy-14569478.html?r=RSS <p> The economy received a much needed boost today after official figures showed increases in both retail sales and mortgage lending. </p> Business News Thu, 19 Nov 2009 13:43:58 +0000 http://www.belfasttelegraph.co.uk/business/business-news/irish-seafood-firm-fined-after-hundreds-become-ill-14569052.html http://www.belfasttelegraph.co.uk/business/business-news/irish-seafood-firm-fined-after-hundreds-become-ill-14569052.html?r=RSS <p> A leading seafood firm in the Republic of Ireland has been fined for selling contaminated mussels abroad. </p> Business News Thu, 19 Nov 2009 10:22:13 +0000 http://www.belfasttelegraph.co.uk/business/business-news/mayor-women-can-make-a-difference-to-economy-14566586.html http://www.belfasttelegraph.co.uk/business/business-news/mayor-women-can-make-a-difference-to-economy-14566586.html?r=RSS The Lord Mayor of Belfast has thrown down the gauntlet to businesswomen in Northern Ireland. Business News Thu, 19 Nov 2009 08:00:00 +0000 http://www.belfasttelegraph.co.uk/business/business-news/get-a-new-job-entrepreneurs-are-doing-it-for-themselves-14566587.html http://www.belfasttelegraph.co.uk/business/business-news/get-a-new-job-entrepreneurs-are-doing-it-for-themselves-14566587.html?r=RSS Would-be entrepreneurs are responding to the recession by seeking advice on starting a business in increasing numbers. Business News Thu, 19 Nov 2009 08:00:00 +0000 http://www.belfasttelegraph.co.uk/business/business-news/habitat-for-humanity-to-help-build-energy-efficient-homes-of-the-future-14566588.html http://www.belfasttelegraph.co.uk/business/business-news/habitat-for-humanity-to-help-build-energy-efficient-homes-of-the-future-14566588.html?r=RSS More than 50 energy efficient homes representing a &pound;5m investment in local communities across Northern Ireland are to be built in the next three years as part of a new initiative. Business News Thu, 19 Nov 2009 08:00:00 +0000 http://www.belfasttelegraph.co.uk/business/business-news/michelins-on-the-road-to-financial-recovery-14566590.html http://www.belfasttelegraph.co.uk/business/business-news/michelins-on-the-road-to-financial-recovery-14566590.html?r=RSS Tyre maker Michelin's local operation has come through the worst of the downturn and is returning to pre-recession production levels, according to the plant's manager. Business News Thu, 19 Nov 2009 08:00:00 +0000 http://www.belfasttelegraph.co.uk/business/business-news/bankers-could-see-contracts-ripped-up-14566589.html http://www.belfasttelegraph.co.uk/business/business-news/bankers-could-see-contracts-ripped-up-14566589.html?r=RSS Bankers will see excessive pay and bonuses contracts torn up if they promote undue risk-taking under new rules outlined in the proposed Financial Services Bill. Business News Thu, 19 Nov 2009 08:00:00 +0000 http://www.belfasttelegraph.co.uk/business/business-news/.htmlssion-sees-surge-in-numbers-seeking-business-startup-advice-14566516.html http://www.belfasttelegraph.co.uk/business/business-news/.htmlssion-sees-surge-in-numbers-seeking-business-startup-advice-14566516.html?r=RSS <p> Would-be entrepreneurs are responding to the recession by seeking advice on starting their own business in ever larger numbers. </p> Business News Thu, 19 Nov 2009 03:36:51 +0000 http://www.belfasttelegraph.co.uk/business/business-news/takeoff-for-plane-assembly-plant-14566159.html http://www.belfasttelegraph.co.uk/business/business-news/takeoff-for-plane-assembly-plant-14566159.html?r=RSS <p> Work has begun on Bombardier Aerospace&rsquo;s new aircraft manufacturing base in Belfast. </p> Business News Wed, 18 Nov 2009 15:09:41 +0000 http://www.belfasttelegraph.co.uk/business/business-news/asda-boss-named-as-itvrsquos-new-chairman-14566147.html http://www.belfasttelegraph.co.uk/business/business-news/asda-boss-named-as-itvrsquos-new-chairman-14566147.html?r=RSS <p> Former Asda chief executive Archie Norman was today named as the new chairman of ITV following the broadcaster's protracted search to replace Michael Grade. </p> Business News Wed, 18 Nov 2009 15:03:37 +0000 http://www.belfasttelegraph.co.uk/business/business-news/in-pictures-the-prohelp-breakfast-briefing-14565684.html http://www.belfasttelegraph.co.uk/business/business-news/in-pictures-the-prohelp-breakfast-briefing-14565684.html?r=RSS <p> Business in the Community&rsquo;s ProHelp programme welcomed representatives from the marketing, design, web creation and public affairs sectors to a breakfast briefing at the Baby Grand in Belfast this week as part of National Pro Bono week. </p> Business News Wed, 18 Nov 2009 11:50:26 +0000 http://www.belfasttelegraph.co.uk/business/business-news/hopes-on-economy-but-road-to-recovery-lsquoslowrsquo-14565777.html http://www.belfasttelegraph.co.uk/business/business-news/hopes-on-economy-but-road-to-recovery-lsquoslowrsquo-14565777.html?r=RSS <p> There are some positive signs in the local economy but the recovery will be slower than the slide into recession, InterTradeIreland has warned. </p> Business News Wed, 18 Nov 2009 10:38:08 +0000 http://www.belfasttelegraph.co.uk/business/business-news/35-jobs-safe-as-fitout-firm-mac-seals-pound4m-contract-14565775.html http://www.belfasttelegraph.co.uk/business/business-news/35-jobs-safe-as-fitout-firm-mac-seals-pound4m-contract-14565775.html?r=RSS <p> Local fit-out firm Management and Construction (MAC) has confirmed &pound;4 million of new contracts that will secure the future of its 35 staff. </p> Business News Wed, 18 Nov 2009 10:37:06 +0000 http://www.belfasttelegraph.co.uk/business/business-news/assembly-is-urged-to-lsquobalance-the-booksrsquo-14565774.html http://www.belfasttelegraph.co.uk/business/business-news/assembly-is-urged-to-lsquobalance-the-booksrsquo-14565774.html?r=RSS <p> Business leaders have briefed Assembly members on the issues they believe must be urgently addressed in order to revitalise the local economy. </p> Business News Wed, 18 Nov 2009 10:36:23 +0000 http://www.belfasttelegraph.co.uk/business/business-news/profits-at-ni-water-take-a-dip-to-pound355m-14565773.html http://www.belfasttelegraph.co.uk/business/business-news/profits-at-ni-water-take-a-dip-to-pound355m-14565773.html?r=RSS <p> Northern Ireland Water has announced a small drop in profits for its financial year, but saw an overall rise in income and operating profits. </p> Business News Wed, 18 Nov 2009 10:35:08 +0000 http://www.belfasttelegraph.co.uk/business/business-news/prices-at-pumps-to-hike-ukrsquos-inflation-14565772.html http://www.belfasttelegraph.co.uk/business/business-news/prices-at-pumps-to-hike-ukrsquos-inflation-14565772.html?r=RSS <p> Rise in inflation during October, the first in seven months, has prompted fears of more pain ahead for household finances hit by recession. </p> Business News Wed, 18 Nov 2009 10:34:09 +0000 http://www.belfasttelegraph.co.uk/business/business-news/museum-contract-secured-by-fitout-firm-14565629.html http://www.belfasttelegraph.co.uk/business/business-news/museum-contract-secured-by-fitout-firm-14565629.html?r=RSS Specialist contractor Mivan has secured two major museum fit-out projects in Glasgow and London worth a combined &pound;6m. Business News Wed, 18 Nov 2009 08:00:00 +0000 http://www.belfasttelegraph.co.uk/business/business-news/union-slams-fg-wilson-for-needless-job-cuts-14565630.html http://www.belfasttelegraph.co.uk/business/business-news/union-slams-fg-wilson-for-needless-job-cuts-14565630.html?r=RSS The UNITE union has hit out at manufacturer FG Wilson after it emerged the company made a record profit shortly before laying off 700 workers. Business News Wed, 18 Nov 2009 08:00:00 +0000 http://www.belfasttelegraph.co.uk/business/business-news/inm-unites-printing-works-under-new-central-management-14565631.html http://www.belfasttelegraph.co.uk/business/business-news/inm-unites-printing-works-under-new-central-management-14565631.html?r=RSS Independent News &amp; Media (INM) has announced the complete reorganisation of its print and production assets in Ireland. Business News Wed, 18 Nov 2009 08:00:00 +0000 http://www.belfasttelegraph.co.uk/business/business-news/inflation-rises-due-to-price-of-petrol-14565326.html http://www.belfasttelegraph.co.uk/business/business-news/inflation-rises-due-to-price-of-petrol-14565326.html?r=RSS <p> Petrol prices pushed up inflation for the first time since February in October, official figures showed today. </p> Business News Tue, 17 Nov 2009 14:36:49 +0000 http://www.belfasttelegraph.co.uk/business/business-news/easyjetrsquos-profits-fall-dramatically-14565322.html http://www.belfasttelegraph.co.uk/business/business-news/easyjetrsquos-profits-fall-dramatically-14565322.html?r=RSS <p> Budget airline easyJet said today that profits were down 65% on last year, but added that it was one of the few carriers to make a surplus in the recession. </p> Business News Tue, 17 Nov 2009 14:35:10 +0000 http://www.belfasttelegraph.co.uk/business/business-news/business-awards/belfast-telegraph-northern-ireland-business-awards-2010---rules-amp-conditions-for-entries-14565158.html http://www.belfasttelegraph.co.uk/business/business-news/business-awards/belfast-telegraph-northern-ireland-business-awards-2010---rules-amp-conditions-for-entries-14565158.html?r=RSS Business Awards Tue, 17 Nov 2009 11:10:05 +0000 http://www.belfasttelegraph.co.uk/business/business-news/business-awards/belfast-telegraph-northern-ireland-business-awards-2010--categories-14565156.html http://www.belfasttelegraph.co.uk/business/business-news/business-awards/belfast-telegraph-northern-ireland-business-awards-2010--categories-14565156.html?r=RSS <p> All entries will be assessed on recent achievements. </p> Business Awards Tue, 17 Nov 2009 11:07:42 +0000 http://www.belfasttelegraph.co.uk/business/business-news/darling-expected-to-target-bonuses-14564946.html http://www.belfasttelegraph.co.uk/business/business-news/darling-expected-to-target-bonuses-14564946.html?r=RSS <p> Chancellor Alistair Darling is expected to use tomorrow&rsquo;s Queen's Speech to unveil plans for a Financial Services Bill that will hand more powers to regulators to stop mega bonuses. </p> Business News Tue, 17 Nov 2009 11:02:00 +0000 http://www.belfasttelegraph.co.uk/business/business-news/festive-sales-set-to-slump-this-year-14564926.html http://www.belfasttelegraph.co.uk/business/business-news/festive-sales-set-to-slump-this-year-14564926.html?r=RSS <p> Consumers will spend less this Christmas for the first time since the late 1980s, driven by a massive &pound;1.3bn fall in non-food sales, a retail research body said. </p> Business News Tue, 17 Nov 2009 11:00:56 +0000 http://www.belfasttelegraph.co.uk/business/business-news/footsie-on-the-road-to-recovery-14564907.html http://www.belfasttelegraph.co.uk/business/business-news/footsie-on-the-road-to-recovery-14564907.html?r=RSS <p> London's stock market recovery continued yesterday as a 1.6% gain took the FTSE 100 Index to a new 14-month high. </p> Business News Tue, 17 Nov 2009 10:59:28 +0000 http://www.belfasttelegraph.co.uk/business/business-news/fears-for-our-construction-sector-as-two-more-firms-go-bust-14564906.html http://www.belfasttelegraph.co.uk/business/business-news/fears-for-our-construction-sector-as-two-more-firms-go-bust-14564906.html?r=RSS <p> Two Northern Ireland construction companies have gone into administration, sparking fears that the sector still has some way to go before recovery. </p> Business News Tue, 17 Nov 2009 10:58:26 +0000 http://www.belfasttelegraph.co.uk/business/business-news/finnebrogue-food-company-finds-favour-with-supermarket-chains-14564820.html http://www.belfasttelegraph.co.uk/business/business-news/finnebrogue-food-company-finds-favour-with-supermarket-chains-14564820.html?r=RSS <p> A Co Down food company is creating at least 15 additional jobs thanks to new contracts with supermarket multiples. </p> Business News Tue, 17 Nov 2009 09:52:27 +0000 http://www.belfasttelegraph.co.uk/business/business-news/a-nice-new-yearrsquos-vat-reprieve-14564819.html http://www.belfasttelegraph.co.uk/business/business-news/a-nice-new-yearrsquos-vat-reprieve-14564819.html?r=RSS <p> Pubs, clubs and restaurants which stay open past midnight on New Year&rsquo;s eve will be allowed a VAT period of grace and will not have to revert to the 17.5% rate until later into New Year&rsquo;s day, the Treasury announced. </p> Business News Tue, 17 Nov 2009 09:51:26 +0000 http://www.belfasttelegraph.co.uk/business/business-news/energy-crisis-needs-local-action-minister-warns-14564818.html http://www.belfasttelegraph.co.uk/business/business-news/energy-crisis-needs-local-action-minister-warns-14564818.html?r=RSS <p> Actionmust be taken on a local level if energy in Northern Ireland is to have a secure and sustainable future, Enterprise Minister Arlene Foster said. </p> Business News Tue, 17 Nov 2009 09:50:30 +0000 http://www.belfasttelegraph.co.uk/business/business-news/itrsquoll-be-more-than-a-mere-christmas-rush-at-rushmere-14564817.html http://www.belfasttelegraph.co.uk/business/business-news/itrsquoll-be-more-than-a-mere-christmas-rush-at-rushmere-14564817.html?r=RSS <p> The Northern Ireland retail sector has been given a boost after Rushmere Shopping Centre revealed it has attracted a record numbers of shoppers for 2009. </p> Business News Tue, 17 Nov 2009 09:49:00 +0000 http://www.belfasttelegraph.co.uk/business/business-news/business-awards/belfast-telegraph-awards-are-best-in-the-business-14564815.html http://www.belfasttelegraph.co.uk/business/business-news/business-awards/belfast-telegraph-awards-are-best-in-the-business-14564815.html?r=RSS <p> The search is on to find the top businesses and businessmen/women in Northern Ireland. </p> Business Awards Tue, 17 Nov 2009 09:42:06 +0000 http://www.belfasttelegraph.co.uk/business/business-news/our-councils-worst-at-paying-suppliers-14564698.html http://www.belfasttelegraph.co.uk/business/business-news/our-councils-worst-at-paying-suppliers-14564698.html?r=RSS Northern Ireland's councils are under fire after it emerged they are the worst in the UK at paying contractors. Business News Tue, 17 Nov 2009 08:00:00 +0000 http://www.belfasttelegraph.co.uk/business/business-news/schools-league-leader-methody-adds-pound2000-to-shares-portfolio-14564699.html http://www.belfasttelegraph.co.uk/business/business-news/schools-league-leader-methody-adds-pound2000-to-shares-portfolio-14564699.html?r=RSS Methodist College has continued its reign at top of the Rensburg Sheppards/Business Telegraph School Share Race at the end of week three. Business News Tue, 17 Nov 2009 08:00:00 +0000 http://www.belfasttelegraph.co.uk/business/business-news/origin-gives-iphone----role-in-theatre-14564701.html http://www.belfasttelegraph.co.uk/business/business-news/origin-gives-iphone----role-in-theatre-14564701.html?r=RSS <p> A creative digital agency has developed a new mobile technology tool for one of Belfast's oldest theatres in a major step for the arts in Northern Ireland. </p> Business News Tue, 17 Nov 2009 08:00:00 +0000 http://www.belfasttelegraph.co.uk/business/business-news/new-online-scheme-aims-to-get-women-back-into-work-14564700.html http://www.belfasttelegraph.co.uk/business/business-news/new-online-scheme-aims-to-get-women-back-into-work-14564700.html?r=RSS <p> An online scheme to help women get back into work will be launched tomorrow. </p> Business News Tue, 17 Nov 2009 08:00:00 +0000 http://www.belfasttelegraph.co.uk/business/business-news/this-new-us-envoy-means-business-14564705.html http://www.belfasttelegraph.co.uk/business/business-news/this-new-us-envoy-means-business-14564705.html?r=RSS <p> It is a little over two months since Declan Kelly took up the role of US economic envoy to Northern Ireland. </p> Business News Tue, 17 Nov 2009 08:00:00 +0000 http://www.belfasttelegraph.co.uk/business/business-news/xfactor-laura-lights-up-the-go-awards-14564394.html http://www.belfasttelegraph.co.uk/business/business-news/xfactor-laura-lights-up-the-go-awards-14564394.html?r=RSS <p> Top comedian Justin Lee Collins reckons his home city of Bristol should have a similar awards bash to the 7Up Belfast Go Awards. </p> Business News Mon, 16 Nov 2009 13:47:01 +0000 http://www.belfasttelegraph.co.uk/business/business-news/struggling-irish-bank-in-euro57bn-funds-plea-14564092.html http://www.belfasttelegraph.co.uk/business/business-news/struggling-irish-bank-in-euro57bn-funds-plea-14564092.html?r=RSS <p> The Anglo Irish Bank, which was nationalised by the Republic&rsquo;s government and has already received &euro;4bn in funding, has now told Ireland&rsquo;s Department of Finance it needs an additional &euro;5.7bn to remain viable and resume lending, it has emerged. </p> Business News Mon, 16 Nov 2009 10:13:23 +0000 http://www.belfasttelegraph.co.uk/business/business-news/mla-in-drive-to-save-haulage-depot-14564091.html http://www.belfasttelegraph.co.uk/business/business-news/mla-in-drive-to-save-haulage-depot-14564091.html?r=RSS <p> An MLA in Co Armagh is trying to persuade a haulage company to retain its depot in Portadown. </p> Business News Mon, 16 Nov 2009 10:10:41 +0000 http://www.belfasttelegraph.co.uk/business/business-news/queenrsquos-festival-provides-welcome-boost-for-local-economy-14564089.html http://www.belfasttelegraph.co.uk/business/business-news/queenrsquos-festival-provides-welcome-boost-for-local-economy-14564089.html?r=RSS <p> The Ulster Bank Festival at Queen&rsquo;s contribution to the Northern Ireland economy will be revealed in a report due to be published early next year. </p> Business News Mon, 16 Nov 2009 10:05:37 +0000 http://www.belfasttelegraph.co.uk/business/business-news/gulf-visit-for-ulster-firms-to-drum-up-business-14564088.html http://www.belfasttelegraph.co.uk/business/business-news/gulf-visit-for-ulster-firms-to-drum-up-business-14564088.html?r=RSS <p> A group of business people from Northern Ireland will visit the Gulf states tomorrow on a week-long trade mission. </p> Business News Mon, 16 Nov 2009 10:02:50 +0000 http://www.belfasttelegraph.co.uk/news/local-national/brown-promise-to-lsquotransformrsquo-the-policing-of-financial-sector-14563897.html http://www.belfasttelegraph.co.uk/news/local-national/brown-promise-to-lsquotransformrsquo-the-policing-of-financial-sector-14563897.html?r=RSS <p> Gordon Brown promised a &ldquo;transformation&rdquo; of the way the financial sector is policed as the centrepiece of Wednesday's Queen's Speech. </p> Local & National Mon, 16 Nov 2009 04:08:41 +0000 http://www.belfasttelegraph.co.uk/news/education/students-can-help-economy-thrive-again-14563112.html http://www.belfasttelegraph.co.uk/news/education/students-can-help-economy-thrive-again-14563112.html?r=RSS <p> Students from Northern Regional College (NRC) have been told that their role in Northern Ireland&rsquo;s economic growth will be more crucial than ever in the near future. </p> Education Sat, 14 Nov 2009 00:32:27 +0000 http://www.belfasttelegraph.co.uk/business/business-news/republic-approves-creation-of-nama-14562469.html http://www.belfasttelegraph.co.uk/business/business-news/republic-approves-creation-of-nama-14562469.html?r=RSS <p> Legislation to approve the Republic&rsquo;s National Asset Management Agency (NAMA) has been passed in the Dail paving the way for the creation of the &lsquo;bad bank&rsquo; that will take over problem loans from struggling lenders. </p> Business News Fri, 13 Nov 2009 10:17:40 +0000 http://www.belfasttelegraph.co.uk/business/business-news/stone-foundation-is-below-ground-14562468.html http://www.belfasttelegraph.co.uk/business/business-news/stone-foundation-is-below-ground-14562468.html?r=RSS <p> A Tyrone businessman&rsquo;s production company is defying the economic downturn after securing its first commission from TG4. </p> Business News Fri, 13 Nov 2009 10:16:31 +0000 http://www.belfasttelegraph.co.uk/business/business-news/utv-to-consider-bidding-for-news-contracts-across-britain-14562466.html http://www.belfasttelegraph.co.uk/business/business-news/utv-to-consider-bidding-for-news-contracts-across-britain-14562466.html?r=RSS <p> UTV is eyeing up potential grants to provide regional news services across Britain. </p> Business News Fri, 13 Nov 2009 10:15:00 +0000 http://www.belfasttelegraph.co.uk/business/business-news/btrsquos-ireland-earnings-up-as-group-profits-fall-14562465.html http://www.belfasttelegraph.co.uk/business/business-news/btrsquos-ireland-earnings-up-as-group-profits-fall-14562465.html?r=RSS <p> Telecoms giant BT has reported a strong rise in first-half earnings at its local operations, despite a 45% drop in group profits. </p> Business News Fri, 13 Nov 2009 10:14:14 +0000 http://www.belfasttelegraph.co.uk/business/business-news/banking-practices-lsquocrazyrsquo-says-kroes-14562464.html http://www.belfasttelegraph.co.uk/business/business-news/banking-practices-lsquocrazyrsquo-says-kroes-14562464.html?r=RSS <p> Banks and bankers have been slammed as out of touch by Europe's fair competition chief. </p> Business News Fri, 13 Nov 2009 10:13:00 +0000 http://www.belfasttelegraph.co.uk/business/business-news/british-airways-and-iberia-agree-7bn-merger-14562310.html http://www.belfasttelegraph.co.uk/business/business-news/british-airways-and-iberia-agree-7bn-merger-14562310.html?r=RSS <p> British Airways has confirmed that it will merge with the Spanish airline Iberia in a $7bn (&pound;4.2bn) deal, creating the world's third biggest airline </p> <p> . </p> Business News Fri, 13 Nov 2009 01:38:39 +0000 http://www.belfasttelegraph.co.uk/news/local-national/northern-ireland-workers-still-paid-less-than-rest-of-the-uk-14562300.html http://www.belfasttelegraph.co.uk/news/local-national/northern-ireland-workers-still-paid-less-than-rest-of-the-uk-14562300.html?r=RSS <p> Average earnings in Northern Ireland are increasing faster than in the rest of UK, but workers in the province remain worse off overall than their British counterparts. </p> Local & National Fri, 13 Nov 2009 01:05:53 +0000 http://www.belfasttelegraph.co.uk/business/business-news/sainsburyrsquos-hails-ulster-stores-as-profits-rise-185-14561437.html http://www.belfasttelegraph.co.uk/business/business-news/sainsburyrsquos-hails-ulster-stores-as-profits-rise-185-14561437.html?r=RSS <p> The head of Sainsbury&rsquo;s in Northern Ireland has said its stores in the province are among the best performing in the UK. </p> Business News Thu, 12 Nov 2009 10:27:24 +0000 http://www.belfasttelegraph.co.uk/business/business-news/tesco-and-first-source-provide-double-jobs-boost-to-waterside-14559037.html http://www.belfasttelegraph.co.uk/business/business-news/tesco-and-first-source-provide-double-jobs-boost-to-waterside-14559037.html?r=RSS Londonderry is revelling in a double jobs boost following announcements that should see 400 new jobs created in the city. Business News Thu, 12 Nov 2009 08:00:00 +0000 http://www.belfasttelegraph.co.uk/business/business-news/watchdog-to-open-pricehike-inquiry-14559038.html http://www.belfasttelegraph.co.uk/business/business-news/watchdog-to-open-pricehike-inquiry-14559038.html?r=RSS The Utility Regulator has announced plans to conduct an inquiry into recent sharp rises in electricity costs following criticism from the business community. Business News Thu, 12 Nov 2009 08:00:00 +0000 http://www.belfasttelegraph.co.uk/business/business-news/kings-cautious-shortterm-forecast-14559039.html http://www.belfasttelegraph.co.uk/business/business-news/kings-cautious-shortterm-forecast-14559039.html?r=RSS The Bank of England has issued a stern warning that the immediate prospects for the British economy are worse than it forecast. Business News Thu, 12 Nov 2009 08:00:00 +0000 http://www.belfasttelegraph.co.uk/business/business-news/no-rise-in-number-of-lsquodolersquo-claimants-14558553.html http://www.belfasttelegraph.co.uk/business/business-news/no-rise-in-number-of-lsquodolersquo-claimants-14558553.html?r=RSS <p> Northern Ireland&rsquo;s dole queue has not lengthened for the first time in almost two years, according to new figures today. </p> Business News Wed, 11 Nov 2009 13:44:56 +0000 http://www.belfasttelegraph.co.uk/business/business-news/axe-hanging-over-120-halifax-jobs-in-belfast-14558283.html http://www.belfasttelegraph.co.uk/business/business-news/axe-hanging-over-120-halifax-jobs-in-belfast-14558283.html?r=RSS <p> Around 120 jobs are under threat at Halifax&rsquo;s mortgage operations in Belfast as part of a fresh wave of cuts announced by the Lloyds Banking Group. </p> Business News Wed, 11 Nov 2009 10:56:38 +0000 http://www.belfasttelegraph.co.uk/business/business-news/pound74m-fund-boost-for-projects-in-ireland-14558279.html http://www.belfasttelegraph.co.uk/business/business-news/pound74m-fund-boost-for-projects-in-ireland-14558279.html?r=RSS <p> The International Fund for Ireland has announced a further &pound;7.4m in funding for projects that support social and economic development. </p> Business News Wed, 11 Nov 2009 10:48:38 +0000 http://www.belfasttelegraph.co.uk/business/business-news/bank-urged-to-postpone-pensions-deadline-14558276.html http://www.belfasttelegraph.co.uk/business/business-news/bank-urged-to-postpone-pensions-deadline-14558276.html?r=RSS <p> The trustees of Ulster Bank&rsquo;s pension scheme have asked the bank to postpone a deadline for staff to sign new contracts at the centre of dispute between the company and workers&rsquo; union IBOA. </p> Business News Wed, 11 Nov 2009 10:46:58 +0000 http://www.belfasttelegraph.co.uk/business/business-news/banks-offer-good-news-on-bad-debts-14558263.html http://www.belfasttelegraph.co.uk/business/business-news/banks-offer-good-news-on-bad-debts-14558263.html?r=RSS <p> Barclays and HSBC have given hope that consumer debt woes are starting to ease, as the banking giants reported sharp quarter-on-quarter falls in loan losses. </p> Business News Wed, 11 Nov 2009 10:26:58 +0000 http://www.belfasttelegraph.co.uk/business/business-news/lsquoat-riskrsquo-uk-downgraded-by-fitch-as-sterling-falls-14558259.html http://www.belfasttelegraph.co.uk/business/business-news/lsquoat-riskrsquo-uk-downgraded-by-fitch-as-sterling-falls-14558259.html?r=RSS <p> The pound's value against the dollar tumbled yesterday when a leading credit ratings agency suggested that Britain might lose its cherished AAA status because it was the &lsquo;potentially most at risk&rsquo; of the major economies. </p> Business News Wed, 11 Nov 2009 10:24:52 +0000 http://www.belfasttelegraph.co.uk/business/business-news/700-jobs-slashed-as-ericsson-closes-site-14558256.html http://www.belfasttelegraph.co.uk/business/business-news/700-jobs-slashed-as-ericsson-closes-site-14558256.html?r=RSS <p> Swedish telecoms giant Ericsson has announced it is to close a site in the UK with the loss of 700 jobs under cost reduction plans. </p> Business News Wed, 11 Nov 2009 10:22:50 +0000 http://www.belfasttelegraph.co.uk/business/business-news/interest-on-loans-soar-as-banks-raise-rates-14558255.html http://www.belfasttelegraph.co.uk/business/business-news/interest-on-loans-soar-as-banks-raise-rates-14558255.html?r=RSS <p> The interest charged on small loans soared to a record high during October as a number of providers raised their rates. </p> Business News Wed, 11 Nov 2009 10:21:44 +0000 http://www.belfasttelegraph.co.uk/business/business-news/car-imports-widen-ukrsquos-september-trade-deficit-by-pound11bn-14558252.html http://www.belfasttelegraph.co.uk/business/business-news/car-imports-widen-ukrsquos-september-trade-deficit-by-pound11bn-14558252.html?r=RSS <p> The UK&rsquo;s trade deficit widened by more than expected in September, according to the latest figures from the Office for National Statistics. </p> Business News Wed, 11 Nov 2009 10:20:24 +0000 http://www.belfasttelegraph.co.uk/business/business-news/value-of-pound-under-new-attack-as-agency-says-it-will-cut-uk-credit-rating-14558076.html http://www.belfasttelegraph.co.uk/business/business-news/value-of-pound-under-new-attack-as-agency-says-it-will-cut-uk-credit-rating-14558076.html?r=RSS <p> The pound's value against the dollar tumbled yesterday when a leading credit ratings agency suggested that Britain might lose its cherished AAA status because it was the &quot;potentially most at risk&quot; of the major economies. </p> Business News Wed, 11 Nov 2009 05:57:36 +0000 http://www.belfasttelegraph.co.uk/business/business-news/pushchair-firm-maclaren-backs-recall-plan-14557380.html http://www.belfasttelegraph.co.uk/business/business-news/pushchair-firm-maclaren-backs-recall-plan-14557380.html?r=RSS <p> Maclaren has defended its decision not to organise a European recall of children&rsquo;s pushchairs at the centre of a safety scare despite doing so in the US. </p> Business News Tue, 10 Nov 2009 16:48:25 +0000 http://www.belfasttelegraph.co.uk/business/business-news/northern-ireland-has-been-spared-worst-of-.htmlssion-14557752.html http://www.belfasttelegraph.co.uk/business/business-news/northern-ireland-has-been-spared-worst-of-.htmlssion-14557752.html?r=RSS <p> Yes, we are still in the midst of recession and, yes, those much hankered after green shoots are still a long way off but despite the severity of the economic downturn, it really could have been a lot worse. </p> Business News Tue, 10 Nov 2009 15:08:57 +0000 http://www.belfasttelegraph.co.uk/business/business-news/stronger-profits-for-hsbc-and-barclays-14557751.html http://www.belfasttelegraph.co.uk/business/business-news/stronger-profits-for-hsbc-and-barclays-14557751.html?r=RSS <p> Banking giants HSBC and Barclays today reported stronger underlying profits so far this year as the gulf widens with their beleaguered taxpayer-supported counterparts. </p> Business News Tue, 10 Nov 2009 15:06:54 +0000 http://www.belfasttelegraph.co.uk/business/business-news/cadbury-rejects-lsquoderisoryrsquo-takeover-14557708.html http://www.belfasttelegraph.co.uk/business/business-news/cadbury-rejects-lsquoderisoryrsquo-takeover-14557708.html?r=RSS <p> Dairy Milk maker Cadbury has rejected a hostile takeover bid from US food giant Kraft , saying the offer fundamentally undervalued the company and its prospects. </p> Business News Tue, 10 Nov 2009 14:00:47 +0000 http://www.belfasttelegraph.co.uk/business/business-news/bankers-lsquonot-taking-responsibilityrsquo-14557707.html http://www.belfasttelegraph.co.uk/business/business-news/bankers-lsquonot-taking-responsibilityrsquo-14557707.html?r=RSS <p></p> <p> The head of the City watchdog said bankers had failed to take responsibility for the financial meltdown as he made a new call for reform in the industry. </p> Business News Tue, 10 Nov 2009 13:59:27 +0000 http://www.belfasttelegraph.co.uk/business/business-news/price-of-gold-soars-as-investors-shun-beleaguered-us-dollar-14557706.html http://www.belfasttelegraph.co.uk/business/business-news/price-of-gold-soars-as-investors-shun-beleaguered-us-dollar-14557706.html?r=RSS <p> Gold prices have hit another all time high as investors look for a safe haven for their money. </p> Business News Tue, 10 Nov 2009 13:58:44 +0000 http://www.belfasttelegraph.co.uk/business/business-news/success-in-usa-for-hitech-ulster-diagnostic-firm-14557703.html http://www.belfasttelegraph.co.uk/business/business-news/success-in-usa-for-hitech-ulster-diagnostic-firm-14557703.html?r=RSS <p> A high-tech Belfast firm is on the road to success across the Atlantic after winning its first business in the US marketplace. </p> Business News Tue, 10 Nov 2009 13:57:44 +0000 http://www.belfasttelegraph.co.uk/business/business-news/luxury-belfast-hotel-the-merchant-plans-pound16m-expansion-14557644.html http://www.belfasttelegraph.co.uk/business/business-news/luxury-belfast-hotel-the-merchant-plans-pound16m-expansion-14557644.html?r=RSS <p> One of Northern Ireland's most exclusive hotels today unveiled plans for a &pound;16 million extension. </p> Business News Tue, 10 Nov 2009 12:58:07 +0000 http://www.belfasttelegraph.co.uk/business/business-news/banks-face-huge-market-change-14557560.html http://www.belfasttelegraph.co.uk/business/business-news/banks-face-huge-market-change-14557560.html?r=RSS <p> The global economic crisis could have a massive impact on the banking market in Northern Ireland. </p> Business News Tue, 10 Nov 2009 11:10:11 +0000 http://www.belfasttelegraph.co.uk/business/business-news/playground-experiments-pave-way-for-rainey-pupilsrsquo-success-14557376.html http://www.belfasttelegraph.co.uk/business/business-news/playground-experiments-pave-way-for-rainey-pupilsrsquo-success-14557376.html?r=RSS <p> Two pupils from a school in Co Londonderry could influence how roads are designed in the future thanks to experiments in their school playground. </p> Business News Tue, 10 Nov 2009 10:08:57 +0000 http://www.belfasttelegraph.co.uk/business/business-news/maze-site-cleaning-scheme-put-out-to-tender-14557375.html http://www.belfasttelegraph.co.uk/business/business-news/maze-site-cleaning-scheme-put-out-to-tender-14557375.html?r=RSS <p> The site of the former Maze Prison is to be cleaned up as a corporation is set up to decide what to do with the 360 acres of land. </p> Business News Tue, 10 Nov 2009 10:07:04 +0000 http://www.belfasttelegraph.co.uk/business/business-news/border-firms-wellplaced-to-have-the-best-of-both-business-worlds-14557372.html http://www.belfasttelegraph.co.uk/business/business-news/border-firms-wellplaced-to-have-the-best-of-both-business-worlds-14557372.html?r=RSS <p> Irish businesses benefit from having operations north and south of the border, delegates at a conference on the strategic importance of Newry were told. </p> Business News Tue, 10 Nov 2009 10:06:03 +0000 http://www.belfasttelegraph.co.uk/business/business-news/companies-losing-out-on-pound25bn-14557371.html http://www.belfasttelegraph.co.uk/business/business-news/companies-losing-out-on-pound25bn-14557371.html?r=RSS <p> Northern Ireland companies are risking a &pound;25bn &lsquo;protection gap&rsquo; because they have not provided for their business in the event of the death of a major member of the business, according to a survey. </p> Business News Tue, 10 Nov 2009 10:04:06 +0000 http://www.belfasttelegraph.co.uk/business/business-news/firms-warned-about-licence-duties-14557369.html http://www.belfasttelegraph.co.uk/business/business-news/firms-warned-about-licence-duties-14557369.html?r=RSS <p> Security Industry Authority investigators visited high-risk companies in Northern Ireland last week to warn them they could face severe penalties if they deploy unlicensed security staff after December. </p> Business News Tue, 10 Nov 2009 10:02:17 +0000 http://www.belfasttelegraph.co.uk/business/business-news/drill-firm-has-a-green-solution-in-the-pipeline-14557367.html http://www.belfasttelegraph.co.uk/business/business-news/drill-firm-has-a-green-solution-in-the-pipeline-14557367.html?r=RSS <p> A Fermanagh drilling company is investing over &pound;600,000 to develop its environmentally friendly method of laying sewer mains for export markets, creating 12 new jobs in the process. </p> Business News Tue, 10 Nov 2009 10:01:08 +0000 http://www.belfasttelegraph.co.uk/business/business-news/business-alliance-formed-14557365.html http://www.belfasttelegraph.co.uk/business/business-news/business-alliance-formed-14557365.html?r=RSS <p> The Northern Ireland Independent Retail Trade Association and the Ulster Chemists&rsquo; Association have formed a community business alliance to protect services in town centres and support small retailers. </p> Business News Tue, 10 Nov 2009 09:59:28 +0000 http://www.belfasttelegraph.co.uk/business/business-news/giant-contract-task-14557364.html http://www.belfasttelegraph.co.uk/business/business-news/giant-contract-task-14557364.html?r=RSS <p> The National Trust has invited contractors to tender for a &pound;12m contract to build the new visitors&rsquo; centre at the Giant&rsquo;s Causeway. </p> Business News Tue, 10 Nov 2009 09:58:23 +0000 http://www.belfasttelegraph.co.uk/business/business-news/poor-management-drives-half-of-workers-to-resign-from-jobs-14557361.html http://www.belfasttelegraph.co.uk/business/business-news/poor-management-drives-half-of-workers-to-resign-from-jobs-14557361.html?r=RSS <p> Half of workers have resigned because of bad management and a similar number believed they could do a better job than their boss, according to new research today. </p> Business News Tue, 10 Nov 2009 09:55:26 +0000 http://www.belfasttelegraph.co.uk/business/business-news/market-is-stablefor-now-14557360.html http://www.belfasttelegraph.co.uk/business/business-news/market-is-stablefor-now-14557360.html?r=RSS <p> Prices in the Northern Ireland housing market are stabilising, but the number of transactions taking place is still low, according to a new survey released. </p> Business News Tue, 10 Nov 2009 09:53:52 +0000 http://www.belfasttelegraph.co.uk/business/business-news/regulator-under-fire-for-power-price-hike-14557358.html http://www.belfasttelegraph.co.uk/business/business-news/regulator-under-fire-for-power-price-hike-14557358.html?r=RSS <p> Business owners hit with up to 40% hikes in their electricity bills have blasted the Utility Regulator Iain Osborne. </p> Business News Tue, 10 Nov 2009 09:46:20 +0000 http://www.belfasttelegraph.co.uk/business/business-news/aer-lingus-revenue-down-by-10-14556828.html http://www.belfasttelegraph.co.uk/business/business-news/aer-lingus-revenue-down-by-10-14556828.html?r=RSS <p> Embattled airline Aer Lingus today reported a further slide in revenues, but said performance was &ldquo;stabilising&rdquo; after efforts to cut aircraft and capacity. </p> Business News Mon, 09 Nov 2009 15:49:04 +0000 http://www.belfasttelegraph.co.uk/business/business-news/mobile-giant-nokia-recalls-danger-threat-chargers-14556708.html http://www.belfasttelegraph.co.uk/business/business-news/mobile-giant-nokia-recalls-danger-threat-chargers-14556708.html?r=RSS <p> Mobile phone maker Nokia recalled 14 million potentially dangerous chargers today. </p> Business News Mon, 09 Nov 2009 13:09:56 +0000 http://www.belfasttelegraph.co.uk/business/business-news/glimmer-of-hope-for-local-economy-14556629.html http://www.belfasttelegraph.co.uk/business/business-news/glimmer-of-hope-for-local-economy-14556629.html?r=RSS <p> There was a glimmer of hope for Northern Ireland&rsquo;s economy today as the latest Ulster Bank Northern Ireland PMI report showed fewer job losses and a slow-down in the decline of business activity. </p> Business News Mon, 09 Nov 2009 11:13:02 +0000 http://www.belfasttelegraph.co.uk/business/business-news/city-hall-serves-up-a-healthy-business-message-14556627.html http://www.belfasttelegraph.co.uk/business/business-news/city-hall-serves-up-a-healthy-business-message-14556627.html?r=RSS <p> The links between a healthy working environment and successful business have been put under the spotlight by Belfast City Council. </p> Business News Mon, 09 Nov 2009 11:11:22 +0000 http://www.belfasttelegraph.co.uk/business/business-news/lloyds-in-pledge-to-new-businesses-14556623.html http://www.belfasttelegraph.co.uk/business/business-news/lloyds-in-pledge-to-new-businesses-14556623.html?r=RSS <p> Part-nationalised Lloyds Banking Group today pledged to offer support to 300,000 new start-up businesses over the next three years. </p> Business News Mon, 09 Nov 2009 11:09:22 +0000