EU cuts forecasts for economic growth as fallout from war in Ukraine widens

Associated Press Reporter

Russia is the EU’s top supplier of oil, natural gas and coal, accounting for around a quarter of the bloc’s total energy.

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Business

Farrans awarded contract for £39m recycling hub in Bath

Business

Danske Bank to close four more branches from September

Business

South Derry start-up beats established competitors to win £4m export contract

Northern Ireland news

Chamber of Commerce warns of 'damage' to north of failure to reboot Stormont

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Hotel to be built on site of former Fort Royal in Ballymena

Michelle Weir 13 May, 2022

A planning application for a new £1m hotel outside Ballymena was approved at a meeting of Mid and East Antrim Borough Council’s Planning Committee yesterday.

Union hails 'historic' recognition deal with food delivery giant Deliveroo

13 May, 2022

FOOD delivery giant Deliveroo has signed a recognition deal with the GMB trade union covering the company's 90,000 self-employed riders, scores of whom work in Northern Ireland.

BT seals Warner Bros Discovery sports joint venture deal

13 May, 2022

BT Group has agreed to form a new sports joint venture with Warner Bros Discovery in the UK and Ireland.

UK's economy shrinks in March as consumers slash their spending

Gary McDonald Business Editor 13 May, 2022

A TOXIC combination of soaring prices and stagnating activity is causing genuine household pain across the UK after the economy barely kept its head above water in March, new figures show.

Soaring energy and raw materials costs weigh heavily on Mannok profits

Gary McDonald Business Editor 13 May, 2022

HIGHER energy and raw material costs have weighed heavily on Fermanagh and Cavan industrial giant Mannok Holdings after its revenues rose in 2021 but earnings diminished.

Four manufacturing veterans inducted into new hall of fame

Gary McDonald 13 May, 2022

FOUR manufacturing leaders have been named as inaugural inductees to the Northern Ireland Manufacturing hall of fame.

Jans Group to exceed jobs target by hiring 200 staff

12 May, 2022

ANTRIM-based composites specialist Jans Group says it is on track to recruit more than 200 staff by the end of next month.

Housing market gains momentum with 9.7 per cent annual growth rate

Gary McDonald Business Editor 12 May, 2022

THE pace of house price growth in Northern Ireland continues to gain momentum, despite rising inflation and living costs, according to the latest research from Ulster University.

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