Belfast Telegraph

June: Brexit vote stuns the nation and plane-maker struggles

Biggest business stories of 2016

The UK votes to leave the EU, though Northern Ireland's electorate votes to remain with a majority of 56% to 44%.

It leads to fears for the future of cross-border trade between Northern Ireland and the Republic, particularly the risk of a hard border and customs controls being introduced. It also sparks a fall in the value of the pound.

Days before the vote, former CBI regional director Nigel Smyth - in one of his last major interventions before retiring after 25 years - says quitting the EU could cost Northern Ireland nearly 37,000 new jobs.

THE Belfast Telegraph reveals that a major UK developer has shelved plans to build a £25m high-end office development in Belfast following Brexit.

NEWS Corp, led by Rupert Murdoch, announces a £220m deal to take over Wireless Group - the portfolio of around 15 former UTV radio stations - including U105 in Belfast and cash cow talkSPORT.

BOMBARDIER is left facing the music after a decade of profits are wiped out in its 2015 results. It sums up the year as one of its "worst ever periods", with its ambitious C Series programme costing nearly $340m.

The Belfast company Short Brothers plc - part of the Quebec-based giant -has a pre-tax loss of $339m. It launched the CSeries in 2015, around $2bn over-budget and following a two-year delay.

Belfast Telegraph