BelfastTelegraph.co.uk / Business

Friday, Jun 22


Major manufacturers issue warning over Brexit uncertainty

Major manufacturers employing more than 20,000 people in the UK have spoken out about the potential impact of Brexit on key British industries.


FTSE 100 lifted as oil prices surge after key Opec meeting

London’s blue-chip index was lifted on Friday as oil-related stocks were helped by the outcome of a key meeting of the Organisation of Petroleum Exporting Countries (Opec).


Insomia Coffee Company to open first Belfast city centre store

A new coffee company has signaled its intention to inject a shot of espresso into the Belfast market.


House of Fraser to close stores and slash 6,000 jobs

House of Fraser has been given the green light from creditors to axe more than half of its store estate, resulting in up to 6,000 job losses.

Airbus warns it could leave UK under no-deal Brexit

A warning by Airbus that it could pull out of the UK with the loss of thousands of jobs if Britain crashes out of the EU without a deal is “no idle threat”, the aerospace giant has stressed.


Premier Foods launches charm offensive as top shareholder plans revolt

Premier Foods has kick-started efforts to quell a potential revolt aimed at ousting its chief executive after being blindsided by a top shareholder.


Whitbread to face questions over Costa Coffee

Whitbread boss Alison Brittain will be quizzed over the firm’s plans for Costa Coffee next week when the group reports on first-quarter trading.


Which firms have joined Brexit Britain’s corporate exodus?

With Airbus issuing a stark warning over Brexit, here are some other big firms that are shifting jobs and operations out of the UK:


French engineering firm prepared to spend ‘billions’ amid fresh UK push

French engineering firm Colas has pumped fresh cash into its UK business and is ready to spend billions on takeovers in a push to gain market share in a sector still reeling from the collapse of Carillion.


Dale Farm now a global big cheese after deal to supply cheddar to Lidl

Supermarket giant Lidl has announced its biggest ever deal with an agri-food firm in Northern Ireland as Dale Farm becomes its global supplier of cheddar cheese.

Lakeland Dairies' Northern Ireland suppliers optimistic for industry

A Co Cavan dairy co-op has said its suppliers on this side of the border are confident about their future in the sector.

Heathrow expansion 'to open more routes to Northern Ireland'

The UK's Aviation Minister has suggested that the building of a third runway at Heathrow could create new routes to Belfast International and City of Derry airports .

Irish aviation firm creates 124 Northern Ireland jobs as it sets up Belfast base to Brexit-proof its business

An Irish aviation services company has said a new operation in Belfast that has created 124 jobs is part of its Brexit-proofing strategy.

Manufacturing review reveals 'a vibrant and growing sector' despite climate

Eight in 10 manufacturing firms in Northern Ireland recorded a profit last year with almost half recruiting new staff.

Gold mine business Dalradian to delist after its £304m sale

A Canadian exploration business that plans to build a gold mine in Co Tyrone will become a private company following a CAN $537m (£304m) disposal by most of its shareholders.

Chipmongers arrive in Ballymena creating 12 jobs

Retail and wholesale giant Musgrave has announced the opening of another of its new chain of chip shops.


Cake Box founders to pocket £17m on stock market debut

Cake Box’s founders are set to pocket £17 million after the cream cakes retailer makes its stock market debut in London next week.

Airbus’ warning over UK future is a ‘wake-up call’ for Brexit negotiations

A warning from aerospace firm Airbus that it could pull out of the UK with the loss of thousands of jobs in the event of a “no-deal” Brexit should serve as a “wake-up” call, politicians have said.

Queens of the road: They are the hard trucking women who turn heads on the highways ... and, yes, they can reverse their monster vehicles

They're the beauties in the beasts - the women who drive the monster lorries that ply the highways and byways of Northern Ireland delivering all kinds of everything to all kinds of places. The huge heavy goods vehicles have long been seen…

Revealed: Toughest place in Northern Ireland to build a home

Mid Ulster Council approved 98% of all planning applications received in the last 12 months, it has emerged.


Playtech given green light for £741m takeover of Italian rival

Gambling software firm Playtech has been given the green light by Italy’s market authority to complete its 846 million euro (£741 million) takeover of rival Snaitech.

Thursday, Jun 21


Premier Foods investor seeks removal of chief executive

Premier Foods has warned over the prospect of a shareholder revolt aimed at ousting boss Gavin Darby.


Sir Philip Green awaits ruling in High Court battle with watchdog over BHS audit

Sir Philip Green is awaiting a High Court judge’s ruling over his bid to restrict the publication of a report by the accountancy watchdog on a BHS audit.

Sterling resurgent on hopes of summer rate rise

Sterling received a shot in the arm on Thursday from the Bank of England, which fuelled market expectations for a summer hike in interest rates.


Poundworld denied £4.1m business rates lifeline ahead of collapse

Poundworld was denied a £4.1 million lifeline before it went into administration after it was unable to secure a cut in business rates, it has emerged.


Bank holds rates at 0.5%, but moves closer to a hike

The Bank of England has held interest rates at 0.5%, but edged closer to a hike after its chief economist joined two fellow policymakers in calling for a rise.


Revealed: Northern Ireland's huge £1.4bn trade surplus with Republic


Northern Ireland trade to the Republic of Ireland is almost double that of what goes in the opposite direction, a new report suggests.


Heineken secures stake in craft brewer Beavertown

Heineken has snapped up a stake in London-based craft brewer Beavertown for £40 million, cash that will help build a new brewery.

Sir Philip Green begins High Court battle with watchdog over BHS audit

Sir Philip Green has launched a High Court bid to stop “criticisms” of him and his firm from being made public by the accountancy watchdog.

Bank holds rates at 0.5% but shows mounting support for hike

The Bank of England has held interest rates at 0.5%, but revealed growing support for a hike amid mounting signs the economy is bouncing back from a weather-hit start to 2018.