Business news

Leo Varadkar warns against ‘excessive caution’ in policymaking

The Taoiseach said Ireland’s economy had bounced back from the banking crisis, Brexit and the Covid-19 pandemic faster than expected.

Ineos founder condemns UK’s ‘irresponsible’ lack of energy policy

Sir Jim Ratcliffe claimed windfall taxes and ‘negative signals’ from politicians are hampering investment in the North Sea.

School strikes set to go ahead as weekend engagement fails

The strikes will affect 24 council areas for three days starting from Tuesday unless a new offer is made.

Demand among savers for fixed-term deals has surged, bank reports

NatWest said more than 82,000 fixed-term savings accounts were opened in the first half of this year.

Demand among savers for fixed-term deals has surged, say providers

NatWest said more than 82,000 fixed-term savings accounts were opened in the first half of this year.

Bernard Looney spent entire working life with BP before shock resign...

Bernard Looney, who has spent his entire career at BP after joining as an engineer in 1991, resigned as chief executive with immediate effect.

BP boss resigns over disclosures about past relationships with colle...

The Irishman, 53, took the role as chief executive of the oil giant in February 2020.

Professional services firm to create 1,000 jobs in Northern Ireland

EY will establish a hub in the north-west of the country.

Rollout of switchover to digital landlines begins in Northern Irelan...

BT said the project to move from analogue to digital landlines is a ‘once-in-a-generation’ undertaking.

Rents ‘could rise four times as fast as house prices across the year...

Across Britain, rents could rise by 25% over a four-year period, compared with 5.5% growth in house prices, Hamptons predicts.

Growth in private sector halted last month, report shows

The Royal Bank of Scotland has published its monthly purchase managers’ index.

Wish you were here (permanently)? Survey reveals how holidays inspir...

Some 9% of people who have been on a UK-based holiday in the past three years have decided to move to their destination, according to Zoopla.

Just 9% of firms believe Scottish Government understands business, p...

The results come as First Minister Humza Yousaf has attempted to be more business friendly.

Essential school staff to go on strike unless pay deal agreed, says...

Unison said staff including school janitors and cleaners in 24 out of Scotland’s 32 council areas had voted for strike action.

Oil and gas engineer Wood Group lifts outlook after new contracts

It comes months after lengthy and unsuccessful takeover attempts by US private equity firm Apollo.

New distillery to produce whiskey in Belfast for first time in nearl...

Titanic Distillers has been granted a licence and is now pouring at the distillery, which will produce single malt whiskey.

Strike dates announced at Scottish schools for September 13 and 14

GMB Scotland claimed Scots essential school workers would receive £700 less than peers in England and Wales under a new pay deal.

Central Bank of Ireland asked for ‘full account of what happened’ af...

Minister for Finance Michael McGrath said he also wants to know why it happened and what will be done to prevent a repeat.

Central Bank of Ireland seeks ‘full account of what happened’ after...

Bank of Ireland said the incident was down to a technical issue with its services and not a cyber attack.

Bank of Ireland apologises over technical fault as services restored

The glitch allowed customers to withdraw and transfer more than what was in their accounts on Tuesday.