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Ireland
Tuesday 28 April 2020

Latest News

Top Story

Belfast tech firm awarded NHSx funding

A Belfast-based tech firm has beaten off competition from 1,600 other projects to be awarded government NHSx funding to further develop its digital platform to connect people with job and volunteering opportunities in the care sector during the Covid-19 pandemic.
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Insider Feature
Feature 1

Ask the expert: How businesses can respond to the challenges presented by the spread of Covid-19

Many businesses are assessing how best they can respond to the various challenges presented by the spread of Covid-19 to ensure the resilience of their business in the longer term. Gillian Morris, head of corporate banking Northern Ireland at HSBC UK, offers her advice.
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Deals

Fusion Antibodies to raise £3m with placing

Belfast-based contract research organisation Fusion Antibodies looks set to raise £3m by way of a placing, which will support the firm's "critical work" during the Covid-19 crisis.
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AIB becomes CBILS lender and outlines Covid-19 support measures

AIB has now been approved for accreditation by the British Business Bank as a new lender for the government backed Coronavirus Business Interruption Loan Scheme (CBILS). The bank has also outlined the steps it has taken to support its Northern Ireland customers.
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Stobart Group completes double deal

Stobart Group has completed a deal to buy back two businesses, which were sold as part of the acquisition of Flybe last year.
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Insider Feature
Feature 2

Ask the Expert: Do law firms need to undertake due diligence on IFA businesses?

Proposed guidelines from the Solicitors Regulation Authority (SRA) show an increased need for due diligence when it comes to referrals with Independent Financial Advisers (IFAs). What does this mean for law firms? John Duns from Fairstone finds out.
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Business

NI economy to shrink but recovery expected - report

Northern Ireland’s economy is expected to contract by approximately 7.5 per cent in 2020 due to the impact of the coronavirus pandemic but a recovery is expected in 2021, according to new forecasts from Danske Bank.
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GB-NI ferry routes safeguarded with £17m package

Vital ferry routes between Great Britain and Northern Ireland have been safeguarded with a multimillion-pound scheme designed to help ensure freight can continue to move.
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New government-backed loan scheme for small businesses unveiled

A new 100 per cent government-backed loan scheme has been revealed to support small business during the Covid-19 outbreak.
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Revenue down two thirds at Travis Perkins

Travis Perkins has said its revenue for the first three weeks of April was about two thirds down compared to the same period in 2019.
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Property

Administrators appointed to George Best Hotel

Joint administrators from Duff & Phelps have been appointed to the George Best Hotel development in Belfast.
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Approval for expanded Harcourt Square development

Hibernia REIT has secured the approval for the expanded development of Dublin's Harcourt Square, with the scheme designed to provide extensive office facilities.
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Manufacturing

Furloughed employees return to work at British Steel sites

Employees are set to return to work as British Steel resumes production at sites temporarily closed earlier this month in response to the coronavirus outbreak.
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