More Business news news

Is retail in crisis? Or just in reconstruction?

Gary McDonald Business Editor
NEARLY 4,000 shop jobs were lost in Northern Ireland in 2019, the worst suffered by retailers in the past 25 years, as the industry battled high costs and changing shopping habits, new figures show.

Mortgage market saw pre-election dip

UK mortgage customers borrowed less in November than during the same month in 2018 as the country prepared for the election, new data has shown.

'Better times ahead for Belfast' says Chamber chief

Simon Hamilton
ONE of the things that has surprised me most since taking up post as chief executive of Belfast Chamber at the start of September was the extent of optimism that exists within the city’s business community.

Business review of 2019 - JANUARY

:: Popular Belfast coffee shop chain District, owned by Downpatrick businessman David Rea and operated by Bangor hospitality professional Richard Stitt, opened its third outlet in the city on the Lisburn Road, adding to its existing sites on the Ormeau and Stranmillis Roads.

Business review of 2019 - FEBRUARY

:: The north's largest hospitality group Beannchor received planning approval for a new £4 million 52-bedroom hotel in Lisburn city centre called The Haslem, on work has since started.

Business review of 2019 - MARCH

:: Alastair Hamilton (53), the high profile chief executive of business development agency Invest NI, announced he is quitting his post after a decade.

Business review of 2019 - MAY

Independent News & Media, the parent group of the Belfast Telegraph and Sunday Life newspapers as well as the Irish Independent, Sunday Independent, the Herald and Sunday World, accepted a takeover offer by a Belgian media group for €145.6 million (£125.7 million)

Business review of 2019 - JUNE

:: Fast-growing IT infrastructure companyNovosco has increased its office footprint in Belfast by half as part of a £20 million expansion programme.

Businesswoman Emma takes helm at Newry Chamber

FOR first time in its century-plus history, two senior businesswomen will be at the helm of Newry Chamber of Commerce and Trade, a voluntary organisation set up in 1892 and which represents in excess of 200 companies.

Significant expansion for Belfast funeral business

JAMES Brown & Sons, the name synonymous with arranging family funerals in Belfast since 1904, has expanded to Knockbreda in south Belfast and Dunmurry by integrating with Funeral Partners, the third largest funeral business in the UK.