Kainos chief executive Brendan Mooney: The Belfast group’s mission statement is to “make people’s lives better through technology”.    Photograph: Colm Lenaghan/Pacemaker

Kainos employs 1,500 globally and its market cap exceeds £1.011bn

One bright spot on economic horizon concerns the NI public sector where return of the Stormont Executive will ‘help address the logjam in decision making’.  File photograph: Getty

North’s Minister for Finance Conor Murphy warns that £2bn deal dividend not enough

The NI Chamber said businesses in the North firmly believe their future prospects are very much dependent on the outcome of the ongoing Brexit negotiations. Photograph: iStock

A third of NI Chamber members say Brexit extension hit growth plans

According to the Ulster Bank PMI business in the North declined across all four key sectors in December.

Companies blame market uncertainty against the backdrop of Brexit

 Sinn Féin’s Conor Murphy, the  new Minister for Finance. He is  likely to be inundated by invitations from the North’s business community

Politicians told they need to move fast to reinvigorate a stagnant economy and build new infrastructure following three-year hiatu(...)

Sensata makes parts for the automotive and aviation industries. Photograph: iStock

Staff told they are being made redundant due to a “perfect storm of European market conditions”

The Dungannon-headquartered business has won a “multimillion pound” order to supply maintenance platform lifts. Photograph: iStock

Family-owned Mallaghan makes airport ground-support equipment

Britain’s chancellor of the exchequer Sajid Javid  leaves after a cabinet meeting on Downing Street on Tuesday. Photograph: Toby Melville/Reuters

Chancellor’s promised £400m boost already allocated in September, says Treasury

Brexit alert: Andor has detailed the potential impact of the UK’s exit from the EU on its operations.  Photograph: Simon Dawson/Reuters

Leading hi-tech firm in North has adopted strategies to lessen dangers when UK exits EU

Northern Ireland chamber of commerce president John Healy claims the lack of an executive at Stormont together with Brexit may further damage the local economy. Photograph: Dara Mac Dónaill

John Healy fears exit uncertainty and Stormont deficit will harm North’s economy

Shane Lowry after winning the 148th Open Championship at the Royal Portrush Golf Club in Northern Ireland. Photograph: Jason Cairnduff/Reuters

Game of Thrones and Derry Girls also contribute to number of visitors as fans flock to locations

Boris Johnson at No  10 Downing Street following a meeting with the queen. Companies in the North fear he  will view his victory  as a signal that the “route is now clear” for his brand of Brexit.   Photograph: Hollie Adams/Bloomberg

Farmers remain concerned about how UK’s exit from EU will impact on their livelihoods

In the latest financial statement Norbrook outlined further investment plans to support its growth targets.

Manufacturing and supply-chain issues disrupted product supply during financial year

Researchers found the championship, which was won by Shane Lowry, had directly injected £45 million (€54 million) into the North’s economy. Photograph: Oisin Kendry/INPHO

Northern Ireland attracted over 230,000 fans and gained global media coverage

InfraStrata said it means the yard will be utilised from December 20th until the work is complete in January

The new contract is for annual inspection and maintenane on two vehicles

European Commission HQ in Brussels: final pre-Brexit EU payments under the Common Agricultural Policy worth £281 million.

Future of ‘significant cash flow boost’ to agricultural families at risk if UK leaves EU

The joint administrators of Harland and Wolff, Michael Jennings and Brian Murphy, said  they were pleased the sale of the business has completed.  Photograph: Liam McBurney/PA Wire

London-listed InfraStrata has formally completed acquisition of the assets of the Belfast shipyard

From left: Gavin Annon, head of sales and marketing and Terry Woods, commercial director, Mount Charles with Eileen Duggan, RTÉ’s sustainability and environmental services manager, and Philip Sangari, Mount Charles head of operations

Mount Charles will serve ‘home comfort’ food for staff in Donnybrook

Martin Symington: his Lisburn-based family business Pure Roast Coffee is planning to sell coffee to the Chinese.

Family roasting business signs joint venture to roll out coffee shops across Chinese cities

John Maguire: at the helm of Belleek for 26 years

MD oversaw acquisitions including Galway Irish Crystal, Aynsley and Donegal China

Wrightbus employed 1,200 people before it collapsed. Photograph: PA Wire

Administrators warn bank that amount owed will not be repaid in full

Derek Andrews from Invest NI with Karoline Gross, founder and chief executive, of Smartzer.

Move to create 16 jobs by firm with £80,000 in financial backing from Invest NI

An artist’s impression of the new 30,000sq ft Hinch Distillery in the grounds of Killaney Lodge country estate near Carryduff.

Terry Cross to create 40-plus jobs after selling packaging company for £80m in 2016

Harland & Wolf shipyard in Belfast.Photograph: Eric Luke

Infrastrata and Navantia sign memorandum of understanding that could bring shipbuilding back to Belfast

Harland and Wolff shipyard in Belfast. Photograph: Paul Faith/AFP via Getty

NI salaries pushed up 2.4%, helped by skills shortages, outstripping UK-wide rise of 1.8%

Ibec economist Hazel Ahern-Flynn, Bank of Ireland (BoI) economist Alan Bridle, BoI group chief economist Loretta O’Sullivan, BoI director of corporate banking NI Dale Guest and CBI deputy chief economist Anna Leach at the business briefing in Belfast on Tuesday.

‘Floundering’ economy in North needs ‘clear vision’ to unlock growth, business leader says

Wrightbus workers outside the plant in October as talks to find a prospective buyer continued inside. Photograph: Paul Faith/AFP via Getty

First Group places £13m order for 55 buses destined for Leeds as Bamford takes over

According to the latest NI House Price Index the average residential property price is currently 4.9 times the annual gross earnings for a full time employee in the North.

Lisburn and Castlereagh city council area most expensive

SDC Trailers said it was unable to confirm how many jobs might be under threat at the company

Manufacturer which employs 650 in North says consultation is now under way with workforce about their future

Announcing its latest interim results the chief executive of Kainos, Brendan Mooney, said the company was “on track to deliver our tenth consecutive year of growth”

Belfast-based FTSE 250 company confirms acquisitions of businesses in UK and Germany

Harland and Wolff’s  cranes. InfraStrata wants to purchase the shipyard’s  assets because one of its subsidiaries is planning to develop a £400m gas storage facility in  Co Antrim.  Photograph:  Stephen Davison

Energy infrastructure group hails ‘transformational’ deal ahead of shareholder vote

Photograph: iStock

Retail and construction sectors worst hit, Ulster Bank survey finds

The Harland and Wolff shipyard in Belfast. Photograph: Liam McBurney/PA Wire

InfraStrata had previously been looking to secure additional debt funding

The North’s Department for the  Economy has highlighted the “disproportionate impact that restricting the flow of migrant labour from the European Economic Area would have on the Northern Ireland economy”. Photograph: iStock

North’s economy department warns on restrictive immigration regime

City of Derry Airport: some  200,000 passengers use it each year, and it is estimated that around 40%  of these are cross-Border passengers, chiefly from Co Donegal

Airport will need £6m in financial support if it is to continue to operate after March 2021

A giant steel name plate marks the entrance to the Titanic Belfast Experience in Northern Ireland.  Photograph: Peter Macdiarmid/Getty Images

Attractions from Titanic Belfast to the Seamus Heaney HomePlace are set to play leading role in campaign to woo more tourists over(...)

InfraStrata  has paid a cash deposit  of £500,000 to the administrators to secure exclusivity over the Harland & Wolff assets. Photograph: PA Wire

InfraStrata says ‘due diligence and negotiations to satisfy the acquisition conditions’ are still under way

Danske Bank UK’s chief executive said business lending is ‘subdued’ in the North because of the continued uncertainty surrounding Brexit.  Photograph: Reuters/Fabian Bimmer

Danske says its larger business customers have been ‘delaying investment decisions’

A worker inspects an aeroplane wing in the Bombardier factory in Belfast. Photograph: Clodagh Kilcoyne/Reuters

$1.1bn deal secures future of Belfast, Moroccan and Dallas plants

Businesses in the North remain unclear about what  Boris Johnson’s Brexit proposals could mean for them in the long run, industry leaders warned.

Long-term implications of proposed Brexit deal still unclear, industry figures warn

Following a £3.3 million payment this month InfraStrata is then scheduled to pay £2.2 million by April 20th, 2020.

London-listed group due to pay administrators further £3.3 million on Thursday

IoD NI chairman Gordon Milligan with Dr Katy Hayward of Queen’s University and KPMG’s  Frankie Devlin.

Senior industry figure says businesses need urgent clarity on what Johnson deal will mean for them

Simon Hamilton is a former minister for finance and personnel for Northern Ireland’s government. File photograph: Kelvin Boyes/Press Eye/PA Wire

Majority of Belfast Chamber members oppose no-deal, says Simon Hamilton

Wrightbus workers celebrating as news broke earlier this month that the sale of Wrightbus to Jo Bamford had been agreed in principle. Photograph: Colm Lenaghan/Pacemaker

Businessman to employ 60 initially as he assesses prospects for Ballymena bus maker

Britain’s Brexit secretary  Stephen Barclay.  Photograph:   Ben Stansall/ AFP via Getty

UK’s Brexit secretary Stephen Barclay first denied requirement – then confirmed it

Business and farming interests in North say more clarity is needed about how the deal would actually operate but all relieved as hard border prospect fades. Photograph: Niall Carson/PA Wire

Lobby groups say more clarity is needed about how the deal would actually operate

President of the European Commission Jean-Claude Juncker and British prime minister Boris Johnson during a press conference in Brussels on Thursday. Photograph: Olivier Hoslet/EPA

Concerns remain about the proposed arrangements as sterling swings dramatically

Belfast city centre. Members of the Northern Ireland Chamber of Commerce together employ more than 100,000. Photograph: iStock

Research finds manufacturing sector under particular stress

Dr Jason McKeown, founder and CEO of Neurovalens: ‘We estimate nine million Americans use sleep medication, so Modius Sleep will be a breakthrough device in sleep science’

Belfast health tech company will bring Modius Sleep device to US market later this year

A Mallaghan Engineering deicer for Ryanair.

Engineering firm to deliver 32 vehicles in ‘multi-million pound’ deal

According to Cancom, before the transaction Novosco “planned to achieve” revenue of about £55 million in 2019.

Belfast-headquartered IT provider employs 300 in Belfast, Dublin and Manchester

Ulster Bank survey indicates sharp fall in output, orders and employment

The North’s secretary of state, Julian Smith, held out some hope for a deal on Thursday. In a tweet, Mr Smith said the administrators of the business needed ‘space to get a deal over the line’. Photograph: PressEye

Bidder warns busbuilder faces liquidation as early as tomorrow if no deal approved

Unite union officials George Brash (R) and Colin Graham leaving the Wrightbus plant in Ballymena. File photograph: PA

Jo Bamford specialises in providing hydrogen fuel for buses

ESO president and chief executive Chris Dillie with Invest NI chief executive Alistair Hamilton.

Proposed engineering centre represents first investment by ESO outside US

Kevin Holland, who has been chosen as the new chief executive of Invest NI in the North.

He succeeds Alastair Hamilton, who is stepping down from the job after 10 years

Angela McGowan, head of the Confederation of British Industry Northern Ireland,  welcomed the Johnson Brexit proposals as a ‘step forward’.

Smiley Monroe to invest $2m in new manufacturing plant in Franklin, Kentucky

Workers return to the Harland and Wolff shipyard after a buyer was found to save the Belfast shipmakers. Photograph: Niall Carson/PA Wire

Employees cheered asthey make their way back to work at historic shipyard in Belfast

Wrightbus workers and families at Ballymena Showgrounds during a meeting, after the firm entered administration last week. Photograph:  Liam McBurney/PA Wire

Trade union hopeful of deal which would ‘save jobs’ at Ballymena bus manufacturer

One of Harland & Wolff’s giant gantry cranes looms over workers who had been protesting over the feared closure of the shipyard. Photograph: Jonathan Porter/PressEye

Energy contruction group Infrastrata has paid £6m to buy assets out of administration

Liam Duffy, chief executive and owner of Classic Mineral Water Company and John Hood from Invest Northern Ireland

Lurgan’s Classic Mineral Water claims to be the oldest water bottling company in Ireland

A Mivan employee at work in one of its facilities.

Antrim-based specialist fit-out company grew its pre-tax profits to £3.2 million on turnover of £29 million last year, having bein(...)

A protest after Wrightbus was placed into administration last week. Photograph: Laura Davison/Pacemaker Press

Unite says neither town nor Northern Ireland can afford loss of 1,200 jobs

Protesters outside Green Pastures church in Ballymena. Photograph: Niall Carson/PA Wire

Ballymena bus maker went into administration last week

A worker watches on as security staff close the gates at the Wrightbus plant in Ballymena, Northern Ireland. Photograph: Liam McBurney/PA Wire

A number of potential buyers walked away from sale discussions because of the way lease arrangements were structured

Workers at Wrightbus in Ballymena leave with personal tools on Wednesday. Wrights Group’s  discussions with potential buyers  all ended without a deal in place. Photograph:  Colm Lenaghan/Pacemaker

Questions are already being asked about charitable donations

Workers walk through the gates of the Wrightbus plant in Ballymena on Wednesday. Photograph: Liam McBurney/PA Wire

Ballymena company best known for building London’s red Routemaster buses

Alastair Hamilton (left), chief executive of Invest Northern Ireland, with Contrast Security chief executive Alan Naumann, in Belfast.

Contrast Security will join a growing sector boasting 1,700 professionals in the North

Henderson Wholesale  holds the franchise for Spar, EuroSpar and Vivo in Northern Ireland

John Henderson Holdings operates 80 stores and is major wholesaler for grocery trade

The visitor centre at the Giant’s Causeway, Co Antrim

Despite greater numbers, visitors spend less than in the same quarter last year

Since January 2018, 296 free-to-use ATMs in the North have closed or started charging fees. File photograph: iStock

New report flags reducing access at faster rate than anywhere in the United Kingdom

Former DUP economy minister Simon Hamilton is the new head of the Belfast Chamber.

Former DUP economy minister to lead deleagtion on official visit

A red double-decker Routemaster bus in London. Photograph: Nicolas Economou/NurPhoto via Getty

Ballymena’s Wrights Group, one of NI’s biggest exporters, has been hit by uncertainty

HighRoads specialises in providing healthcare plan providers with a range of software solutions that automate the creation of new products.

Massachusetts-based HighRoads to create 20 jobs in move to back firm’s expansion plans

Belfast International Airport said it was ‘extremely disappointed’ by Ryanair’s decision to cut back on flights to the Canary Islands. File photograph: Paul Faith/PA Wire

Tourism Ireland chief disappointed at decision to end flights to Faro and Malaga next summer

Titanic Belfast is included within the harbour estate. Photograph: iStock

Marine and infrastructure development could create up to 7,000 jobs, say authorities

The Harland & Wolff shipyard is in administration. Photograph: iStock

Union leaders say securing valuable contract demonstrates under-threat shipyard’s viability

UK prime minister Boris Johnson has warned that the UK ‘will not accept a Northern Ireland only backstop’. Photograph: Getty

Manufacturing NI: Bottom line is that businesses everywhere in the North ‘want a deal’

Belfast International Airport said that passengers had faced ‘significant operational challenges’ over the last 18 months. Photograph: Paul Faith/PA

Which? survey cites long queues, crowded terminals and pricey parking

Civil engineering remains an area of weakness in the Republic, with the index reading for the sub-sector  at 42.5 per cent, a 12th consecutive monthly fall in activity. Photograph: Alan Betson

Ulster Bank PMI survey claims the private sector in the North ‘has entered or is entering recession’

James Nicholson, founder of JN Wine, says the purchase of Highbury Vintners represented a ‘strategic acquisition’.

Co Down-based JN Wine supplies restaurants and hotels across Ireland

The report examines hard and soft Brexit scenarios and also different approaches to various backstop arrangements. File photograph: Bloomberg

Any form of departure from EU to have negative impact, concludes fresh analysis

Northern Ireland secretary Julian Smith. Photograph: Daniel Leal-Olivas/AFP/Getty Images

Extra £400m pledged for Northern Ireland, to boost total budget to about £11.1bn

The North’s regional business development agency, Invest NI, has confirmed it has “approved” £1.5 million (€1.6 million) worth of Brexit preparation grants to nearly 50 companies in Northern Ireland

Agency says 50 companies approved for Brexit preparation grants and 1,500 companies have attended special Brexit workshops

The Ulster Farmers’ Union has warned that nobody should underestimate the importance of EU supports on the North’s rural economy. Photograph: iStock

Brexit means the end is nigh for CAP payments to Northern farmers

A store in Newry, Northern Ireland, which offered equal value to euros for its goods priced in pounds in December 2016. Photograph: Shawn Pogatchnik/AP

Influx of southern shoppers after exit unlikely, states Department for Economy report

Connex Offsite managing director Brendan Doherty: has acquired a further 60,000sq ft of factory space to expand its current 25,000sq ft manufacturing space in Newry.

Newry-based Connex Offsite supplies finished, smart-plumbed, water-proofed units

Genesis Crafty currently employs more than 350 staff at its bakery in Magherafelt.

Genesis Crafty has seen fresh demand for year round products and new orders for Christmas

It is estimated that about 30,000 people cross the Border in Northern Ireland every day.

Move is in response to increased demand from people paid in euro or US dollar

Harland and Wolff workers  outside the gates of the shipyard.

Administrators to extend ‘temporary lay-off’

Fusion Antibodies said 30 per cent of its revenue last year came from exports to EU countries.

Belfast-headquartered company that a no-deal Brexit could negatively affect it

Harland & Wolff : It is understood a number of new parties came forward on Friday morning to express a possible interest in purchasing the yard.

Deadline for bids for the ailing shipyard was noon on Friday

Harland & Wolff workers have maintained a 24-hour protest at the yard since it entered administration. Photograph: PA Wire

Unions calling for stricken 160-year-old Belfast shipyard to be nationalised

Harland and Wolf shipyard in Belfast: the lease covenant dictates all economic activity is restricted to “shipbuilding, ship repair and heavy engineering”. Photograph: Eric Luke

Majority of Belfast shipyard is covered by lease that runs until 2119

There is still confidence builders will get busier over the next 12 months. Photograph: Alan Betson

Ulster Bank PMI index was 51.4 in July, down from 53.1 in June as Brexit looms

The administrators said they are working closely with all interested parties  to secure a “positive outcome” for Harland and Wolff

Workers are continuing a round the clock protest outside the gates of the site

Tascomi is being bought by Aim-listed Idox. Photograph: iStock

Tascomi founder Richard Martin is selling the company which employs 36 to Idox plc

Metal cables lie in the rig area in front of the Samson crane at the Harland and Wolff shipyard, which has gone into administration. Photograph: Liam McBurney/PA Wire

Historic shipyard ‘unable to continue trading’ as no buyer found

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