BelfastTelegraph.co.uk
Business Headlines
Saturday 21 April 2018
Today's top story
Phillip Logan of Uno on Boucher Road in south Belfast said he had decided to close down after facing a rent increase of £100,000 per year
Northern Ireland furniture shop closing down after rent increase of £100,000 Retailers here have faced a tough start to the year with a rental increase of £100,000 in a key shopping area prompting one furniture firm to take the decision to close down, it has emerged.
 
Main Headlines
 
The average monthly rent in Northern Ireland has risen by more than the UK average to £629, according to a new survey High demand sees Northern Ireland rents rise faster than UK average By Michelle Weir The average monthly rent in Northern Ireland has risen by more than the UK average to £629, according to a new survey.
DUP MP Sammy Wilson New booze labelling laws in Republic 'to hit Northern Ireland drink exports' By Margaret Canning DUP MP Sammy Wilson has accused the Irish Government of "blatant hypocrisy" over changes to the labelling of beers sold in the Republic.
Nick Whelan, Group Chief Executive at Dale Farm. Dale Farm emerges as suitor for all-island dairy co-op By Margaret Canning Northern Ireland’s biggest dairy business Dale Farm says it “has an interest” in talks over the future of cross-border co-op LacPatrick.
From left: Jonathan Moore of the Strategic Investment Board, Translink’s Patrick Anderson, AmeyTPT managing director Deborah Richards and John Quinn, property director UK firm Amey wins Translink shop improvement contract A UK firm has won a contract with public transport provider Translink which will include improving the shops at train and bus stations.
 
 
 
From left: Jill Grant from A Walkers World, New Zealand; Naomi Waite, Tourism NI; Louise Finnegan, Tourism Ireland, and Matthew Sebastian from Al Tawfeeq in the Middle East Meet the Buyer 2018: Big welcome to Belfast for tour experts By Michelle Weir Hundreds of international tour operators from around the world have arrived in Belfast for Northern Ireland's largest travel trade platform event, Meet the Buyer 2018.
New CEO for LSE FTSE ends up as Shire shares soar on takeover approaches Shares in Shire raced to the top of the FTSE 100 on Thursday after the pharmaceutical giant looked set to become the centre of a takeover tussle between Botox maker Allergan and Japan’s Takeda.
Unilever has reported a 5% slump in first quarter sales, but it also upped its dividend and announced a €6bn (£5.2bn) share buyback programme amid investor opposition to basing its headquarters in Rotterdam Unilever's first quarter sales fall 5% By Kalyeena Makortoff Unilever has reported a 5% slump in first quarter sales, but it also upped its dividend and announced a €6bn (£5.2bn) share buyback programme amid investor opposition to basing its headquarters in Rotterdam.
Pay TV giant Sky has notched up a 10% hike in earnings for the first nine months of its year despite a "challenging" consumer market as it remains at the centre of a bidding battle (PA) Sky enjoys a 10% increase in earnings By Holly Williams Pay TV giant Sky has notched up a 10% hike in earnings for the first nine months of its year despite a "challenging" consumer market as it remains at the centre of a bidding battle.
 
 
 
 
 
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