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16.04.2022 - 09:57
Business
Business Live
Llandudno promenade hotel has reopened after two years
A hotel on Llandudno’s promenade has reopened after more than two years following a major investment by the new owners. The town’s Llandudno Bay, Belmont and Queens hotels and Caer Rhun Hall in the Conwy Valley went into administration in 2019 and closed in March 2020. Everbright Hotels revealed last year they had bought the …
16.04.2022 - 08:52
Press Release
Pressat
Opening: ‘DeMo’ residency solo exhibitions at CCA Derry~Londonderry
CCA Derry~Londonderry is delighted to invite you to the launch of 4 Ballads by Mark Buckeridge (NI/RoI) and Joiners by Ona Juciūtė (LT), our 2022 DeMo residents. This is the second iteration of our residency programme and partnership with Kaunas Artists’ Houseand the Lithuanian Culture Institute. Entitled DeMo, this biennial programme supports emerging artists to …
16.04.2022 - 06:45
Business
Sky News
Chelsea FC sale: Ex-chancellor Osborne signs up to advise Boehly bid
George Osborne, the former chancellor, has been parachuted in to help the Los Angeles Dodgers part-owner Todd Boehly clinch a takeover of Chelsea Football Club that would rank as the most lucrative sports franchise sale in history.Sky News can exclusively reveal that Robey Warshaw, the City advisory firm that Mr Osborne joined last year, has …
15.04.2022 - 18:13
Business
Sky News
Twitter adopts ‘poison pill’ strategy to defend against Elon Musk takeover bid
Twitter’s board of directors unanimously adopted a “poison pill” defence in response to Elon Musk’s proposal to buy the company and take it private, the social media giant has said.The strategy is formally called a “limited duration shareholder rights plan” and is used to defend against hostile takeovers. Twitter said the move aims to enable …
15.04.2022 - 13:53
Business
Business Live
Garage in Newport sold for more than £100,000 at auction
A garage in Newport has been sold for more than £100,000, having achieved more than seven times its guide price. The semi-detached property at the end of Mendalgief Road in the Pill area of city was sold at auction by Paul Fosh Auctions. Listed with a guide price pf £13,500, bidding over the two day …
15.04.2022 - 13:30
Business
Business Live
AbbeyAutoline on acquisition trail with purchase of County Armagh peer BMG Insurance
One of Northern Ireland’s biggest insurance groups AbbeyAutoline has bought County Armagh family-owned brokerage BMG Insurance for an undisclosed sum. The move will see the 13-strong team from BMG Insurance come under the AbbeyAutoline umbrella, marking the latest acquisition for a firm which has grown substantially over the last few years. Established in 1972 by …
15.04.2022 - 13:28
Business
Business Live
New five-star Portrush hotel overlooking golf course set to open in 2023
A new hotel in Portrush is set to open its doors in 2023. The Dunluce Lodge will be a new build 35 room, five-star luxury hotel and spa. The hotel will be built overlooking the famous 4th fairway at Royal Portrush Golf Club, with views of Portrush town, Donegal headlands and The Skerries. A management …
15.04.2022 - 11:04
Business
Sky News
Ricketts family-led consortium withdraws bid to buy Chelsea
The Ricketts family-led consortium has withdrawn its bid to buy Chelsea Football Club.The Chicago Cubs owners and their partners opted not to submit a final bid for the Blues, due to “unusual dynamics around the sales process”. Tom and Laura Ricketts had partnered with US billionaires Ken Griffin and Dan Gilbert to place a cash-only …
15.04.2022 - 10:31
Business
Sky News
Elon Musk ‘not sure’ Twitter takeover will succeed, but says he has ‘Plan B’
Elon Musk is “not sure” whether his attempt to take over Twitter for $41bn will succeed, he has told a conference in Vancouver.The meme-posting billionaire added that he had a “Plan B” if his offer to buy to buy Twitter for $54.20 a share was turned down – and criticised Mark Zuckerberg’s model of ownership …
15.04.2022 - 09:06
Business
Business Live
Kestrel Foods swoops on County Down granola company Just Live a Little
Portaferry, County Down, granola company Just Live a Little has been bought by Kestrel Foods for an undisclosed sum. The County Armagh snack manufacturer – which makes a range of plant-based products – said the acquisition sits well with its current portfolio, expanding its reach into the granola market. It said the move “signals the …
15.04.2022 - 08:55
Business
Business Live
Harland & Wolff’s Belfast shipyard wins first UK cruise ship contract in 20 years
Harland and Wolff has won the UK’s first cruise ship contract in 20 years. The Belfast shipyard will undertake works on P&O’s Aurora and Cunard’s Queen Victoria in its dry docks for 33 days. The Queen Victoria will be in the city in May while Aurora will undergo works in June. Cunard’s Queen Victoria will …
15.04.2022 - 08:47
Business
Business Live
Rise of economically inactive poses problems for North East firms
Figures out last week showed that the headline unemployment in the North East had fallen for the third month in a row, though it remains the highest in the UK. But those figures from the Office for National Statistics also pointed to a curious feature of the current economy. For while unemployment has fallen by …
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