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      Close Brothers: How the motor finance scandal reshaped one of ‘Europe’s least cost-efficient lenders’ 

      Close Brothers has upped its motor finance provisions.

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Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.

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Belfast

  • Titanic Quarter sinks further into the red as losses mount

    Property

    Losses at a string of companies related to the landmark Titanic Quarter development in Belfast have widened during their latest financial years, new documents show. The companies, which are controlled by businessmen Dermot Desmond and Pat Doherty, are all involved in the development of the 161.5-acre site. Belfast’s Titanic Quarter is home to more than 100 companies with [...]

    The Titanic Quarter is home to around 100 businesses. (Photo by Peter Macdiarmid/Getty Images)
  • ‘Prohibitive building costs’ stunting UK growth projects – Deloitte

    Property

    “Prohibitive costs” involved in construction projects in major UK cities led to a sharp decline in the number of new developments breaking ground in 2024, according to a new report from Deloitte. Deloitte’s latest Regional Crane Surveys, which covers the central areas of Belfast, Birmingham, Leeds and Manchester, has revealed the number of new starts [...]

    Despite the number of new construction projects falling in Manchester, the city is still leading the way compared to Leeds, Birmingham and Belfast. (Photo by Christopher Furlong/Getty Images)
  • Belfast Harbour to welcome world’s largest cruise ships with £313m project

    Transport and infrastructure

    Belfast Harbour has unveiled a £313m, five-year plan to help it welcome some of the world’s largest cruise ships. The strategy, which is entitled Advance Regional Prosperity 2025-2029, has also been designed to position the hub as a key player in the development of offshore wind energy port capacity in the UK and Ireland. A total of [...]

    Icon of the Seas, which is owned by Royal Caribbean, is the largest cruise ship in the world. (Photo by Joe Raedle/Getty Images)
  • Belfast is a fintech powerhouse. The City can gain from its expertise

    December 9, 2024

    As the number one city in the world for fintech inward investment projects, Belfast can help boost the City, writes Alastair King.

  • Starmer appoints Jonathan Powell as UK national security adviser

    November 8, 2024

    Sir Keir Starmer has appointed Tony Blair’s former chief of staff Jonathan Powell as his national security adviser. The Cabinet Office confirmed the former Foreign Office diplomat and No10 chief operator would take on the key role advising the Prime Minister in an announcement today. It comes amid the re-election of Donald Trump as US [...]

  • Harland & Wolff: Boss steps down as Titanic shipbuilder’s government loan rejected

    July 19, 2024

    Harland & Wolff has been locked in financing talks with the government for the past year.

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