E-commerce Can Put NI Companies On Track For International Success

Kathryn Stevenson Corporate

Over 100 local businesses who attended Northern Ireland’s first ever dedicated e-commerce conference, eComm Live 2019, heard that retail-based businesses who invest in e-commerce are far more likely to see growth in international markets.  eComm Live 2019, which is supported by trade body Retail NI, is aimed at retailers – including both those already selling online and those who are …

Wholesale Gas Prices Fall 30 Percent Year On Year

Kathryn Stevenson Corporate

Wholesale gas and electricity prices in Northern Ireland decreased by 30% and 10% respectively compared to the same period last year, according to the latest Naturgy Energy Review and Forecast. The report shows that wholesale gas prices fell by 10% on a month-by-month basis while electricity prices registered a slight increase of 0.5%. April to date tracked similar losses to …

Danske Bank's Belfast Headquarters

Danske Bank UK Financial Results

Andrew Kelly Corporate

Danske Bank in Northern Ireland reports a profit before impairments of £23.1m for the first quarter of 2019. Lending volumes are 8% higher year-on-year and deposits grew by 6%. Total income is 3% higher reflecting the growth in lending and deposits, and higher UK interest rates. Costs are 2% higher, given ongoing investment in new customer solutions and skills designed …

Lotus Property Secured Significant Dundee Letting Following Major Portfolio Acquisition

Kathryn Stevenson Corporate

Northern Ireland based property investment company, Lotus Property, which acquired a 1.3m sq ft property portfolio in Scotland valued at approximately £60m last year, has today announced that it has secured a significant letting in Dundee. The final two remaining suites of 9,056 sq ft at West Port House development on Marketgait have been let to Scottish Courts and the …

Danske Bank's Belfast Headquarters

Subdued Growth Expected For The Northern Ireland Economy In 2019

Andrew Kelly Corporate

Danske Bank has today forecast that the Northern Ireland economy will grow by 1.0 per cent in 2019 and by 1.3 per cent in 2020, a slight downward revision from the Bank’s previous forecast of 1.2 per cent for this year. In the latest Northern Ireland Quarterly Sectoral Forecasts report, published today, Danske Bank said that the services sectors are …

Lisburn Firm Flying High After Growth Finance Fund Investment

Lisburn Firm Flying High After Growth Finance Fund Investment

Andrew Kelly Corporate

A Lisburn-based aerospace business has become the first company to receive funding from the £30m Growth Finance Fund. Causeway Aero Group has received £500,000 to support working capital and plans to create 17 new jobs. Finance for the £30m Growth Finance Fund has been provided by the British Business Bank, Invest Northern Ireland and private investors, Northern Ireland Local Government …

NI Small Business Loan Fund Passes £1m Milestone

NI Small Business Loan Fund Passes £1m Milestone

Andrew Kelly Corporate

The second Northern Ireland Small Business Loan Fund has approved support to business of over £1m in its first nine months, indicating even stronger demand than for its predecessor Fund. The Fund is managed by Ulster Community Finance (UCF) on behalf of Invest Northern Ireland and delivered in partnership with Enterprise Northern Ireland. UCF is a subsidiary of the social …

Game Of Thrones: The Touring Exhibition Arrives In Belfast

Game Of Thrones: The Touring Exhibition Arrives In Belfast

Andrew Kelly Corporate

Rally the Realm … The highly-anticipated GAME OF THRONESTM: The Touring Exhibition, including two-never-seen before sets, has arrived at TEC Belfast for its debut visit to the UK and Ireland. To celebrate, GAME OF THRONES® actors, Isaac Hempstead Wright, Ian Beattie and Liam Cunningham, alongside award-winning costume designer Michele Clapton, were the first to experience the dramatic exhibition, which features …

Danske Bank Creates New Fraud & Cyber Crime Team In Response To Growing Threat To Customers

Danske Bank Creates New Fraud & Cyber Crime Team In Response To Growing Threat To Customers

Andrew Kelly Corporate

Danske Bank has created a new specialist fraud and cyber crime team to help combat the rising threat to customers from fraudsters and criminal gangs. The Bank announced today that the front-line fraud team of eight people will be focused on educating its customer base and wider NI society about the complexity of new types of fraud. It will also …