Belfast Telegraph

September: plane-maker bailout and Jaguar deal

Bombardier receives the final instalment of a massive $1bn bailout from the Quebec government in Canada.

Belfast car parts maker Montupet reaches a £7m deal with Jaguar Land Rover. The company claims the agreement "could open up" further major deals in the coming years after it fights off stiff competition from European rivals.

The Belfast Telegraph reveals that Ballymena's Tower Centre shopping mall has been bought by property developer Sam Morrison, the former owner of the town's Fairhill Shopping Centre.

Companies in Northern Ireland are urged by business advisers PwC to accept Brexit and develop a business plan to deal with the vote. PwC says firms should not count on continued unrestricted access to the single market and should avoid complacency

It is revealed that more than £55m of crucial funding for Northern Ireland's infrastructure could be lost after the brakes are put on an enormous investment scheme in the wake of the Brexit vote. The Northern Ireland Investment Fund had originally been outlined in the Executive's budget.

One of Belfast's oldest pub and snooker developments is sold for an undisclosed sum. The Frames Complex, on Little Donegall Street in the city centre, was originally built in 1886. The building was bought up by businessman Paul Langsford, also director of city bars including Filthy McNasty's on the Dublin Road, The Albany on the Lisburn Road, and El Divino on the banks of the River Lagan.

Belfast Telegraph

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