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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The Ricketts family-led consortium has withdrawn its bid to buy Chelsea Football Club.The Chicago Cubs owners and their partners opted not to submit a final bid for the Blues, due to “unusual dynamics around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 …
15.04.2022 - 08:43
Business
Business Live
Northern Ireland housing market heads higher as hungry buyers chase dwindling pool of properties
The housing market in Northern Ireland has continued to charge higher on the back of a continued lack of supply. According to the latest report from industry body the Royal Institution of Chartered Surveyors (RICS) and Ulster Bank, average house prices rose in the first quarter of this year and are expected to continue higher …
15.04.2022 - 08:31
Business
Business Live
Zero emission commuter ferry service to link Belfast and County Down town by 2024
Commuters between the County Down town of Bangor and Belfast will soon be able to take a fast ferry to get to work after an operator confirmed it will commence a new zero-emission service by 2024. Condor Ferries, which is headquartered in Guernsey, said it will operate the “world’s most advanced zero-emission commuter ferry” between …
14.04.2022 - 15:28
Business
Euro News
Elon Musk’s life story: the highs and lows of the Tesla and SpaceX boss
14.04.2022 - 14:15
Business
Evening Standard
A year after sale, tepid auction of Jack Dorsey’s first tweet NFT suggests boom may be over
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