Northern Ireland
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Government agrees privatisation of Belfast port
The Port of Belfast is to be privatised in a deal which could raiseup to £100m for the province. The sale was announced as GordonBrown, the Chancellor, unveiled a £315m…
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Brown announces investment in Northern Ireland
Gordon Brown has announced a £315m economic package of measuresaimed at stimulating investment in Northern Ireland. The Chancellor is giving small and medium-sized companies 100%capital allowances for investment.
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Brown to announce £150m investment in NI
Gordon Brown is to announce a £150m investment package forNorthern Ireland. The chancellor will also announce that Belfast Harbouris to become the first state-owned port to be released from full…
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Argos eyes merger with Littlewoods
Argos, currently fending off a £1.9bn hostile bid from GUS, may attempt a merger with Littlewoods, the privately owned home shopping and football pools company.
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Boots buys Connors pharmacy for £18m
Boots has bought Connors Holdings for £18m. Connors has 34 pharmacies – 25 in Northern Ireland, five in the Eire Republic, three in England and one in Wales.
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Friends Provident nets £10m from two property sales
Friends Provident has netted more than £10m from property sales in Northern Ireland and Scotland. The firm sold the 10,386 sq m (111,790 sq ft) Ferguson Royston House at Wellington…
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Abbey National to open 57,000 sq ft call centre in Belfast
Abbey National is to open a call centre in Belfast. The building society has signed up for a 5,314 sq m (57,200 sq ft) purpose-built centre at the 2ha (4.9…
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John Lewis to invest £103m in its business
John Lewis is to invest £103m in the business, including fournew department stores. The department store and Waitrose supermarket group reported pre-tax profits up 15% to £250m for the year…
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Raglan cashes in on industrials with £35m sale to NU
Raglan Properties is raising £31.2m from the sale of eight industrial properties to Norwich Union Life and Pensions. The properties – seven wholly owned and one a joint venture with…
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Dunloe’s claim over Ewart thrown into doubt
Doubt has been cast over Dunloe House’s claim to have won control of quoted property rival Ewart. The Northern Irish concern has challenged 1.8% of the acceptances received by Dunloe…
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Glass ceiling abandoned for the South Bank Centre
Plans have been abandoned to put a £131m “glass ceiling” on the South Bank Centre, London’s largest arts complex. The decision was made after the Arts Council refused the project…
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Groupe Flo plans to add ten London restaurants to chain
Groupe Flo plans to add up to 10 London restaurants to its chain over the next three years. The French restaurant group already has nine London outlets after its acquisition…