Belfast Telegraph

August: Bombardier to move some of its work overseas

We continue our look at 2016, with a surprise in the US election and shoppers from Ireland flocking over the border

The Belfast Telegraph reveals that Bombardier, which employs around 5,000 staff in the city, is moving some of its operations to cheaper countries, including Mexico and Morocco.

Coffee and cakes firm Patisserie Valerie says it may open 20 shops across the island of Ireland, all supported by the bakery in the basement of its first Belfast store on Donegall Square West.

The European Commission orders Ireland to recoup €13bn (£11.1bn) from Apple over a sweetheart tax deal.

Curran Court Hotel goes into administration and is placed on the market.

Mascott Construction - one of the most recognisable names in the local trade - goes into administration. It is quickly acquired by M&M Contractors, which fulfils the remainder of the contracts the company held.

Small businesses around Northern Ireland are feeling the head from post-Brexit currency swings, according to Conor Devine, the head of GDP Property Partnership.

Ulster Carpets announces record sales for the past year, while also warning of a degree of uncertainty because of the EU referendum.

Business Telegraph reveals the BP terminal at Airport Road in the city is going on the market. It is one of four terminals through which oil products enter Northern Ireland.

Belfast Telegraph