Northern Ireland
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Ove Arup proposes low-cost factories to build prefab homes
Ove Arup is proposing to set up small, purpose-built, low-cost factories to produce a new generation of prefabricated homes. . It says it is close to forming a consortium to…
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‘Nothing harmful’ about enterprise zone tax breaks
Paymaster general Dawn Primarolo insists the UK has nothing to fear from a European Union (EU) drive against unfair tax competition.
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BT and AT&T plan UK base
The £6.2bn global venture between BT and AT&T plans to open offices in the UK. . There will also be offices in the US, Europe, Asia and Bermuda while headquarters…
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Roads ‘essential’ for rural life survival
Environmentalists shoot themselves in the foot when they protest against road building in the country side, according to a new book Another Country.
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Pru’s former investment boss joins Regus
Lorraine Baldry, former chair of Prudential Portfolio Managers’ £7bn investment property portfolio, is to become managing director of Regus. Regus is the world’s largest operator of business centres.
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J Sainsbury to extend and renovate
J Sainsbury is to extend its stores to provide extra space for the introduction of non-food areas. It also plans to renovate its 413-strong estate which it admits is old,…
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Property sale lifts United Drug profits
United Drug has benefited from one-off property gains which helped lift interim pretax profits 30% to £4.72m (I£5.72m). The climb was less marked at 17% with the I£570,000 profit on…
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Ulster IDB opens in Boston to lure IT firms
Northern Ireland’s Industrial Development Board has opened an office in Boston to try to attract US businesses to the province. Boston is a magnet for the US information technology industry.
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SoS Group spends £1.4m to expand capacity
SoS Group is to expand its furniture and services business in Northern Ireland. The Belfast-based business is spending £1.4m over the next three years to expand capacity.
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New plants threaten companies with straitjacket
Capital investment decisions threaten to place a straitjacket on companies, according to a column by Peter Martin in today’s Financial Times.
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Govt looks again at enterprise zones
The government is re-examining domestic tax concessions, including the future of enterprise zones. They are included in a raft of 187 proposed European tax harmonisation measures.
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Banks confirm merger talks
Alliance & Leicester and Bank of Ireland confirmed they were in merger talks. It follows reports in yesterday’s newspapers that a merger would see the pair close 10% of its…