BelfastTelegraph.co.uk
Business Headlines
Thursday 17 October 2019
Today's top story
Artist’s impression of the new apartments
Chinese supermarket planning £8m apartments at its south Belfast site Chinese supermarket Camseng International is planning a £8m apartment complex that will replace the current retail premises at the south Belfast site, it can be revealed.
 
Main Headlines
 
The ship docked at Belfast Harbour. Northern Ireland could benefit from 'free ports' plan, conference hears By Mark McConville The chief executive of the British Ports Association has said that Northern Ireland could benefit from from plans to introduce free port after Brexit.
The new air taxi model takes flight. Watch: Flight footage of new air taxi from Northern Ireland man's firm By Margaret Canning The Northern Ireland man behind energy company OVO has unveiled flight footage of his new air taxi model as well as announcing the takeover of a Formula 1 engineering firm.
The number of UK businesses in significant financial distress has soared 40% in the three years since the EU referendum, according to a report. (Jonathan Brady/PA) 40% rise in 'distressed' UK firms since EU referendum By Simon Neville The number of UK businesses in significant financial distress has soared 40% in the three years since the EU referendum, according to a report.
Drumbo Park is up and running again with conferences and business breakfasts on the menu They're off... Drumbo reopens as conference venue with more greyhound racing in the pipeline By Caitriona McBride Drumbo Park Greyhound Stadium has been reopened as a conference and events venue as well as a racetrack after it was bought over by an ex-employee.
 
 
 
A major residential care provider has bought a Co Down nursing home in a multi-million pound deal MD Healthcare plans new jobs after buying Newtownards home By Staff Reporter A major residential care provider has bought a Co Down nursing home in a multi-million pound deal.
Ann McGregor and Chris Morrow from the NI Chamber, Michael Jennings of BDO and Maureen O’Reilly, an economist with the QES NI firms say recession is likely within the next year By Lisa Smyth A third of local businesses believe it is very likely that Northern Ireland will enter a recession within the next year, according to research.
The Galgorm Hotel, which recently won a prestigious international award £1bn investment has transformed NI hotel market, report says By Caitriona Mc Bride Over £1bn has been invested in the Northern Ireland hotel market in the last 20 years, with the number of bedrooms doubling in that time, says a report today.
Lidl has committed to spend £15 billion over five years in the UK. Pictured is their newly opened warehouse in Motherwell, Scotland (Lidl/PA) Lidl to spend £15bn in UK over five years By Simon Neville, PA City Editor Lidl is spending £15 billion on its British business over the next five years, the supermarket chain has revealed.
 
 
 
 
 
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