Commercial Law

Northern Ireland commercial property market 'exceptional' in 2018

Northern Ireland commercial property market 'exceptional' in 2018

By Gary Adair The performance of the commercial property market in Northern Ireland in the first half of 2018 has been described as "exceptional" by director at CBRE, David Wright. The five-year... Read more

Congratulations to our Wilson Nesbitt marathon teams

A big congratulations to our marathon relay teams that completed the Belfast Marathon on what was a very warm Bank Holiday Monday.The teams were running for the Simon Community NI,... Read more

Company gender pay gap reports reveal extent of the disparity

By Gary Adair Over 10,000 businesses submitted their reports on employee pay with a view to showing the extent of the gender pay gap, and the results show just how big... Read more

Considerations when your start-up business starts to grow

By Neil Logan Small businesses accounted for 99.3% of all private sector businesses in Northern Ireland and the rest of the UK at the start of 2017 and 99.9% were small... Read more

Investors attracted by NI commercial property prime yields

By Neil Logan A new report from real estate firm CBRE shows that Northern Ireland commercial property prime yields are currently the higher than Great Britain and the Republic of Ireland Prime... Read more

Northern Ireland commercial property rates bills to be recalculated

By Neil Logan The Department of Finance has announced that it will revalue more than 75,000 commercial properties in Northern Ireland for the purpose of calculating rates bills. Retail units, offices, factories... Read more

One of Northern Ireland’s largest commercial property deals completes

By Neil Logan The CastleCourt shopping centre in Belfast has been sold for £125million to investment firm Wirefox, making it one of the biggest commercial property deals in Northern Ireland for... Read more

HMRC sign commercial property lease on new Belfast office

By Neil Logan HM Revenue and Customs (HMRC) has signed a new commercial property lease that will see 1,600 employees situated in the Erskine House in Belfast from 2021. Erskine House is... Read more

Late payments affect mental health of small business owners

By Gillian Crotty It is estimated that a third of all payments to small businesses are made late, and a new survey has looked at the impact on business owners, with... Read more

Belfast conference to look at Brexit impact on Northern Ireland solicitors

Over 400 solicitors from around the world will take part in a global conference of solicitors in Belfast this week, and will hear about the significant impact that a hard... Read more

Planning permission granted for Belfast office block in record time

By Neil Logan A £65million office block project in Belfast city centre has been granted planning permission just 8 weeks after plans were lodged, demonstrating Belfast City Council's awareness of the... Read more

Planning application submitted for major Belfast office project

By Neil Logan A planning application has been submitted to Belfast City Council for a commercial property project that is being hailed as the most significant office scheme in the capital... Read more

Small businesses and self-employed hit hardest by the budget

An increase to the national insurance contributions (NICs) paid by the self-employed and small business owners, as well as higher taxes on dividends meant Philip Hammond's first budget made for... Read more

Rate of commercial property vacancy still highest in Northern Ireland

By Neil Logan The amount of vacant commercial property units in Northern Ireland fell to its lowest level since before 2011, but it still has the highest vacancy rate of all... Read more

New plans expected for regeneration of Belfast city centre

By Neil Logan New planning permission is to be lodged by the owners of 12 acres of land in Belfast city centre that will amount to a £400million regeneration of the... Read more

Commercial property projects in Belfast at ten year high

By Neil Logan New research suggests that the Belfast commercial property market is strengthening despite the economic uncertainty predicted in the wake of the Brexit vote. The Belfast Crane Survey was produced... Read more

Northern Ireland commercial property market optimism for 2017

By Neil Logan Increasing levels of tourism, cross-border shopping and a unique tax regime should help the Northern Ireland commercial property market thrive in spite of Brexit uncertainty, says head of... Read more

Using pre-nups to protect company in event of a divorce

By Lenore Rice Pre-nuptial agreements are increasingly prominent among business owners in Northern Ireland and the rest of the UK in recent months, as people take action to make sure developments... Read more

Concern at impact of increased minimum wage on NI employers

By Gillian Crotty Chancellor Philip Hammond announced an increase in the minimum wage in his Autumn Statement, but there are already concerns about how Northern Ireland employers will cope with the... Read more

MJM Group has faith in the Northern Ireland commercial property market

By Neil Logan Following a £30million acquisition of the Damilly Retail Park in Newry, the head of property at MJM, Greg Vaughan, has spoken of the company's "faith in the Northern... Read more

SMEs encouraged to tackle late invoice payments

By Gillian Crotty Small businesses in Northern Ireland and the rest of the UK are being encouraged to tackle late invoice payments in order to safe-guard their long term success. Ten of... Read more

Belfast commercial office scheme on hold after Brexit vote

By Neil Logan Plans to build an office development between 6 and 10 storeys high in Belfast have been put on hold following the Brexit vote, as speculation continues as to... Read more

Northern Ireland businesses could struggle due to cost of living wage

By Gillian Crotty Businesses in Northern Ireland that are already facing financial difficulties could be pushed over the edge by the implementation of the national living wage, according to research by... Read more

Small business owners in Northern Ireland least confident in the UK

By Neil Logan Owners of small businesses in Northern Ireland are the least confident in the UK according to a survey by the Federation of Small Businesses (FSB). The lack of confidence... Read more

Sale of historic Belfast commercial property completed

By Neil Logan It has been confirmed that the historic Belfast Telegraph building in Northern Ireland has been sold to property firm McAleer and Rushe. The high-profile commercial property was marketed for... Read more

NI Chamber calls for business rates to be linked to affordability

By Neil Logan Members of the Northern Ireland Chamber of Commerce are calling for a reform of the business rates system, proposing a move away from calculations based on size to... Read more

Closure of 11 Xtra-vision stores in NI to result in 60 redundancies

By Neil Logan The company Xtra-vision has gone into liquidation resulting in the closure of its' stores in Northern Ireland and around 60 redundancies. The rental chain consisted of 83 stores in... Read more

What you need to know about European court ruling on private emails at work

By Gillian Crotty A European court ruling on the monitoring of private communications of an employee in the workplace has led to sensational headlines about employers being given the power to... Read more

Number of vacant commercial retail properties in Belfast fell last year

By Neil Logan There was a decrease in the number of vacant commercial retail properties in Belfast in 2015 according to new research. Commercial property vacancy has been a problem in Northern... Read more

Northern Ireland commercial property market to be very active in Q1 of 2016

By Neil Logan It is widely expected that the commercial property market in Northern Ireland will be very busy in the first quarter of the New Year, as a result of... Read more

Flexible leases could solve NI's commercial property vacancy problem

By Neil Logan It has recently been estimated that 16.4 per cent of commercial property retail units in Northern Ireland are vacant, well above the UK average of 10.2 per cent. It... Read more

Consultation announced to review Northern Ireland business rates

By Neil Logan A twelve week consultation on business rates in Northern Ireland has been announced by Finance Minister Arlene Foster. The consultation will consider the future of the business rates system... Read more

Planning permission granted for major Belfast commercial property project

By Neil Logan The Planning Committee of Belfast City Council have approved an application to convert Windsor House in Bedford Street into the Belfast Grand Central Hotel with 200 bedrooms. The Hastings... Read more

Further activity in the Northern Ireland commercial property market

By Neil Logan British Land, one of the largest commercial property firms in the UK has put three retail sites in Northern Ireland on the market for sale. The Northern Ireland commercial... Read more

Half of SMEs have written off late payments totalling 10pc of turnover

By Gillian Crotty Half of SMEs in Northern Ireland and the rest of the UK are writing off unpaid invoices that total 10 per cent of their turnover according to a... Read more

Increased activity on Northern Ireland's commercial property market

By Neil Logan There are signs of increased activity on Northern Ireland's commercial property market following a number of high profile properties were announced for sale or confirmed as having been... Read more

Late payments put a quarter of SMEs at risk of financial crisis

By Gillian Crotty Just under a quarter (23 per cent) of SMEs say late invoice payments have put them at risk of going out of business, according to a new survey... Read more

Quarter of Northern Ireland businesses struggling with rising rates bills

By Neil Logan Nearly a quarter (23 per cent) of businesses in Northern Ireland say they are struggling to cope as a result of rising rates bills, and there are calls... Read more

SMEs risk asset seizure as 31st July tax deadline approaches

By Neil Logan Small businesses in Northern Ireland and the rest of the UK are at risk of having their goods and assets seized if they do not comply with tax... Read more

Northern Ireland can't afford devolution of corporation tax powers

By Neil Logan The devolution of corporation tax powers to Stormont in Northern Ireland will probably not go ahead in 2017 according to Finance Minister Arlene Foster. It had initially been hoped... Read more

Housing association merger comes with plans to build 2,500 homes

The largest housing association in Northern Ireland has been formed with the merger of OakleeTrinity and Ulidia Housing Associations. The newly created housing association is to be called Choice, and it... Read more

Economic conditions improving for Northern Ireland businesses

By Neil Logan The latest Ulster Bank Purchasing Managers' Index (PMI) suggests that businesses in Northern Ireland experienced an increase in output and new orders in May. More Northern Ireland businesses responded... Read more

30 per cent of payments to businesses in the UK are late

By Gillian Crotty A new report looking at the impact of late payments on small businesses suggests that 30 per cent of invoices are paid outside of the agreed terms. The paper... Read more

Demand for offices in Belfast boosting commercial property market

The growing demand for Grade A offices in Belfast is continuing to boost the commercial property market, with yet another announcement of a key office development this week. Belfast City Council... Read more

Stormont intervention needed to rescue NI construction sector

By Michelle Rock The Federation of Master Builders (FMB) say the Northern Ireland construction sector is falling behind the rest of the UK and needs Stormont to intervene. The FMB is lobbying... Read more

FSB calls for inquiry into UK culture of late payment

By Gillian Crotty The Federation of Small Businesses (FSB) is calling for an independent inquiry to assess how best to tackle late payment and supply chain bullying. The FSB national chairman John... Read more

Northern Ireland company fined after fatal work accident

By Gillian Crotty A Northern Ireland company has been hit with a fine of over £100,000 after an employee was killed in a work accident that the court said resulted from... Read more

Property related businesses in NI facing financial pressure

By Neil Logan New research suggests that nearly half of the Northern Ireland businesses currently facing financial difficulties are in property-related sectors, bringing into question the so-called recovery of the residential... Read more

Foster proposes 10 per cent rate of corporation tax in NI

By Neil Logan Arlene Foster, the Enterprise Minister for Northern Ireland, has said that she would like to see the new corporation tax powers due to arrive in April 2017 used... Read more

Northern Ireland corporation tax bill published

By Neil Logan The government has published the legislation that would facilitate the transfer of corporation tax powers to Northern Ireland, which would mean the rate of corporation tax could be... Read more

£500m of commercial property sales in Northern Ireland in 2014

By Neil Logan Commercial property sales in Northern Ireland reached their highest levels for many years in 2014, with £500million worth of transactions. Sales of high profile commercial buildings in Belfast pushed... Read more

The best New Year's resolution to make for your business

By Gillian Crotty Owners of small businesses in Northern Ireland and the rest of the UK will no doubt be making their resolutions for 2015, largely in the form of marketing... Read more

Northern Ireland businesses count the cost of 2014

By Gillian Crotty New figures show the extent of the difficulties faced by businesses in Northern Ireland this year, with 5,120 companies ceasing to trade. According to the figures from the Office... Read more

Northern Ireland employees made redundant win compensation

By Gillian Crotty An employment tribunal has ruled that former employees of the Northern Ireland construction company Mivan are entitled to compensation as they were made redundant without any consultation process. The... Read more

Doubts over whether Stormont could handle corporation tax powers

By Neil Logan After a long campaign by business owners and politicians in Northern Ireland, it is expected that Chancellor George Osborne will announce that corporation tax powers can be passed... Read more

Nortel employees made redundant win unfair dismissal claim

By Gillian Crotty Three employees of the Nortel factory in Northern Ireland have won unfair dismissal claims, but are unlikely to receive very much of the payments awarded. Nortel went into administration... Read more

Rate of unemployment in Northern Ireland lowest in 5 yrs

By Gillian Crotty The rate of unemployment in Northern Ireland fell to 6 per cent in October - the lowest it's been since the last quarter of 2009. The number of people... Read more

Decision on corporation tax powers expected in weeks

By Neil Logan A decision on whether or not to devolve corporation tax powers to Northern Ireland could be made in principle in a matter of weeks. The secretary of state Theresa... Read more

Employment law - The holiday pay ruling explained

By Gillian Crotty Much has been said about the 'landmark' Employment Appeal Tribunal (AET) ruling that means regular overtime must now be taken into account when calculating holiday pay, but what... Read more

Landmark tribunal decision on overtime and holiday pay

By Gillian Crotty A landmark Employment Appeal Tribunal decision means that employees in Northern Ireland and the rest of the UK that work overtime can now claim for additional holiday pay. The... Read more

Record year for Northern Ireland commercial property market

By Neil Logan The first 9 months of 2014 has seen £411million of investment in commercial property in Northern Ireland, with CBRE Ireland's latest bi-monthly analysis suggesting it has been a... Read more

20p increase in the UK living wage

By Gillian Crotty The Living Wage Foundation has increased the hourly rate known as the 'living wage' by 20p to £7.85. The living wage is based on the amount needed to cover... Read more

Labour proposes clamp down on late payments

By Gillian Crotty The Labour Party says it will clamp down on late payments by businesses with the proposal of 'tough' amendments to the Small Business Enterprise and Employment Bill. Late payment... Read more

Counting the cost of civil service employee sick days

By Gillian Crotty New figures suggest that the Northern Ireland economy is losing £30million a year as a result of civil servant absenteeism, with employees on average taking 10 sick days... Read more

High profile Belfast commercial property for sale

By Neil Logan The owners of the Connswater Shopping Centre in east Belfast will be hoping that the current revival in the commercial property market in Northern Ireland will result in... Read more

Increase in use of prenups by small business owners

By Lenore Rice Pre-nuptial agreements are often considered to be a marriage contract for the wealthy, a precaution to be taken to protect existing assets, but there has been an increase... Read more

Stormont told to shape up for corporation tax powers

By Neil Logan Theresa Villiers has said that Stormont needs to be "in the best possible shape" if it is ever to receive powers to vary corporation tax rates, referring specifically... Read more

Debt recovery and tips to minimise late payments

By Gillian Crotty Small businesses continue to be troubled by late and non-paying customers, with SMEs in Northern Ireland and the rest of the UK estimated to be owed £40billion. Many... Read more

More NI employees of Phones 4U escape redundancy

By Gillian Crotty Approximately 43 employees of Phones 4U in Northern Ireland appear to have escaped redundancy with the announcement of a second company buying some of the shops from the... Read more

NI business fears competition from independent Scotland

By Neil Logan Business leaders in Northern Ireland have spoken of their support for a 'No' vote in Thursday's independence vote in Scotland. Businesses in Northern Ireland currently sell £1billion in goods... Read more

Northern Ireland Phones 4u employees await redundancy news

By Neil Logan Employees of Northern Ireland branches of Phones 4u today learned that all of the 500 stores across the UK would be closed after the chain went into administration. Approximately... Read more

Hotel sale signals NI commercial property revival

By Neil Logan The slow but steady revival of the Northern Ireland commercial property market was indicated once again with the £4.4million sale of the Tower Hotel in Derry. The values of... Read more

Plan for new use of NI vacant retail commercial properties

By Neil Logan A new initiative has been proposed to allow existing retailers to use vacant retail properties in Northern Ireland to advertise their products and services without triggering a rates... Read more

Rise in Northern Ireland commerical property investment

By Neil Logan There has been a sharp increase in investment in Northern Ireland commercial property in 2014, with £144million spent in the first two quarters of the year. According to property... Read more

SMEs avoid debt recovery because they find it uncomfortable

By Gillian Crotty New research suggests that 81 per cent of small business owners in Northern Ireland and the rest of the UK avoid chasing debts because they find the process... Read more

Lack of commercial property office space in Belfast

By Neil Logan There is a lack of quality commercial property office space in Belfast according to agents CBRE, who say an increasing number of foreign buyers are looking to invest... Read more

Cost of devolving tax powers to NI still not known

It is still not known how much it would cost the UK Treasury if Northern Ireland was to reduce it's rate of corporation tax, if and when tax powers are... Read more

Tallest commercial property in Northern Ireland up for sale

By Neil Logan The tallest commercial property in Northern Ireland is being marketed for sale by the National Assessment Management Agency (Nama). The Windsor House in Belfast city centre has 22 floors... Read more

Belfast property to be converted into student accommodation

By Neil Logan It was has been confirmed that the landmark 'Old Tech' commercial property in Belfast will be converted into student accommodation by the 2016 academic year. The sale of the... Read more

Payday lender used fake debt recovery solicitor firms

By Gillian Crotty Payday lender Wonga sent letters to customers from fake debt recovery solicitor firms that they themselves had invented, and in some cases even added 'legal fees' to their... Read more

Sale of landmark Belfast commercial property confirmed

By Neil Logan It has been confirmed that a landmark commercial property in Belfast, the 'Old Tech' building on College Square East, has been sold for an undisclosed price to private... Read more

Bookkeepers see late payments causing cashflow problems

By Gillian Crotty New research by the International Association of Bookkeepers (IAB) reveals that over half of their members have seen small businesses suffering cashflow problems as a result of late... Read more

New measures to tackle late payments by large firms

By Gillian Crotty Vince Cable has announced new measures to be introduced by the government to tackle late payment by large firms, who have regular been considered to be among the... Read more

Wilson Nesbitt solicitor wins Young Leader of the Year award

The Annual Young Leaders NI Conference is organised by the Institute of Directors Young Directors Forum, the Northern Ireland Young Solicitors Association, Young Accountants & JCI Belfast.   This year’s... Read more

Corporation tax power could be devolved to NI by 2017

By Neil Logan Powers to vary the rate of corporation tax could be devolved to Northern Ireland by 2017, with an announcement expected in the Chancellor's autumn statement. It is believed that... Read more

HMRC announce £23.9 billion tax cheat haul

The Government collected a record £23.9 billion from taxpayers in Northern Ireland and the rest of the UK in additional tax as it stepped up efforts to tackle tax avoidance. The... Read more

A brief guide to debt recovery for SMEs

By Gillian Crotty It has recently been revealed that many small and medium sized businesses allow customer debt to go unchased for as long as 3 months before beginning to chase. Cashflow... Read more

Belfast commercial property sales show new confidence

By Neil Logan The sale of three large commercial properties in Belfast in the past month suggest there is a return of confidence in the Northern Ireland commercial property market. A US... Read more

SMEs often wait for 3 months before chasing debt

By Gillian Crotty Small businesses are allowing customer debt to go unchased for as long as 3 months before implementing any internal debt chase procedure or turning to external debt recovery... Read more

Fewer Northern Ireland companies with serious debt problems

By Gillian Crotty A new report suggests that there are fewer Northern Ireland companies with serious debt problems compared to last year. The Red Flag report in respect of the first quarter... Read more

Junction One commercial property drops 93pc in value

By Gary Adair The staggering decline in the value of the Junction One shopping centre near Antrim is indicative of the continuing struggles of the Northern Ireland commercial property market. In 2009... Read more

Calls for prompter invoice payment by bigger companies

By Gillian Crotty The UK government's small business ambassador, Karren Brady, has called for bigger companies to pay their invoices from small businesses in a more timely fashion, saying the practice... Read more

Stamp duty change for houses purchased through companies

By Christine Farrell While the 2014 budget speech made no change to the rate of stamp duty for private individuals purchasing residential property, it did contain one announcement aimed at curbing... Read more

Minimum wage to increase by 19p an hour

By Gillian Crotty A million employees in Northern Ireland and the rest of the UK are to benefit from a 19p increase to the minimum wage in October of this year. The... Read more

More Northern Ireland employers recruiting staff

By Gillian Crotty There was an increase in the number of employers in Northern Ireland taking on new staff last month according to the latest Purchasing Managers Index (PMI) produced by... Read more

NIC savings for Northern Ireland employers for 6th April 2014

George Osborne has written to employers in Northern Ireland and the rest of the UK to make sure they know about the new £2,000 Employment Allowance which will be introduced... Read more

3 per cent increase in minimum wage recommended

By Gillian Crotty The UK economy is now ready for an above inflation increase in the minimum wage according to the Low Pay Commission, who have recommended to the government that... Read more

Northern Ireland businesses need more access to finance

By Gilbert Nesbitt The willingess of banks in Northern Ireland to lend to businesses has been criticised following research by the Chartered Accountants Ulster Society (CAUS). A survey of 265 chartered accountants... Read more

Employers guide - How to recruit staff fairly

By Gillian Crotty Many employers in Northern Ireland are contemplating expanding their workforce for the first time in a number of years. If you are going to begin a recruitment process... Read more

HMRC urges SMEs in Northern Ireland to use new cash flow scheme

Small businesses in Northern Ireland and the rest of the UK are being urged to consider using the “cash basis” scheme that allows them to be taxed on money that... Read more

Northern Ireland unemployment continues to fall

By Gillian Crotty The rate of unemployment in Northern Ireland has fallen for a 12th consecutive month, with a 600 drop in benefits claimants to 58,700 in January. Unemployment among 18 to... Read more

HMRC to introduce new timetable for Real Time Information penalties

Employers in Northern Ireland and the UK will be pleased to hear that HMRC have announced a staggered start to the introduction of Real Time Information (RTI) penalties. Under original plans,... Read more

EU campaign to put spotlight on late payments

By Gillian Crotty A European wide campaign has been attempting to put the spotlight on the impact of late payments on businesses, and to raise awareness of a new European directive... Read more

Employers can learn from Policing Board rule rejection

By Gillian Crotty Northern Ireland employers should take note of the developments with regard to the Policing Board's eligibility criteria for a new chief constable. Justice Minister David Ford wanted to remove... Read more

Belfast bus driver wins unfair dismissal case

By Gillian Crotty A Belfast bus driver has won his claim for unfair dismissal case against his employers Translink after they switched him to a cleaning position when he was no... Read more

144 redundancies as NI firm Mivan ceases trading

By Gillian Crotty Two weeks after making 98 employees redundant Northern Ireland construction firm Mivan has ceased trading as no purchaser was forthcoming. When the company was placed into administration earlier in... Read more

Tax return deadline looms for small businesses

Small business owners and managers in Northern Ireland need to take note of the 31st January deadline for the submission of online tax returns. Failure to submit the self assessment tax... Read more

Largest drop in 16 yrs takes unemployment rate to 7.1pc

The largest drop in the number of people without a job in the UK since the autumn of 1997 has taken the rate of unemployment to 7.1 per cent -... Read more

3000 Northern Ireland businesses facing cashflow problems

By Gillian Crotty New figures suggest that 3,643 businesses in Northern Ireland are facing financial difficulties, with 56 being classified as being in critical financial distress. The statistics produced by Begbies Traynor... Read more

Link interest rate increase to wage growth says economic group

By Natasha Adamson The Bank of England is being urged to add to it's forward guidance policy by linking any future increase in interest rates to growth in real-term wages. The EY... Read more

100 employees made redundant at Northern Ireland firm

By Gillian Crotty One third of the employees at construction firm Mivan in Antrim, Northern Ireland, have been told they are being made redundant. While the residential property construction sector has started... Read more

UK employers told they need to increase pay

By Gillian Crotty The head of the Confederation of British Industry (CBI), John Cridland, has told employers in Northern Ireland and the rest of the UK that they need to increase... Read more

MLA calls for stamp duty and income tax powers for NI Assembly

Basil McCrea, the leader of the NI21 party, has once again brought the devolution of tax powers to the Northern Ireland Assembly debate into the spotlight, as he says his... Read more

Lack of commercial office property in Belfast

Research by a commercial property agency says Northern Ireland is at risk of losing out on external investment because of a lack of office space in Belfast. The Lisney agency says... Read more

Wilson Nesbitt solicitor addresses Newry Junior Chamber Breakfast event

A crowd of over 60 young (and some not so young) professionals gathered at the premises of MJM Marine Ltd in Newry on 7th November for what was a great... Read more

SME Cash flow problems continue despite recovery

By Gillian Crotty All the latest economic surveys and reports suggest that the economy in Northern Ireland and the rest of the UK is on the road to recovery, but small... Read more

Belfast commercial property plans submitted

By Christine Farrell Plans have been submitted for planning approval for a large commercial property in the Titanic Quarter in Belfast, Northern Ireland. It is the first large scale commercial project in... Read more

50000 women lose job while on maternity leave each year

By Gillian Crotty The Labour party says that 50,000 women in Northern Ireland and the rest of the UK lose their job while on maternity leave each year, and have criticised... Read more

Northern Ireland unemployment continues to fall

By Gillian Crotty The rate of unemployment in Northern Ireland fell again last month, and is now below the UK average of 7.8 per cent. For the sixth month in a row... Read more

Drinks firm fined after serious work accident

The Brothers Drinks Company has been ordered to pay nearly £23,000 after a serious work accident involving an employee who had his arm caught in an unguarded machine. The 52-year-old employee,... Read more

SMEs take too long to chase debt says study

Small and medium sized businesses are taking too long to chase outstanding invoice payments from their customers according to a new study by FreeAgent. Of the 500 people who responded to... Read more

NI trader fined for misleading customer

A Northern Ireland car dealer has been fined £300 for misleading a customer by failing to tell her that the car she was purchasing had been a category insurance write-off. Blair... Read more

Wozniak calls for companies to be taxed on income

At a conference in Londonderry, Northern Ireland, Apple co-founder Steve Wozniak called for companies to be taxed on their income instead of profit to bring them into line with the... Read more

Increased employee fear of redundancy or pay cuts

A new Skills and Employment survey has revealed that pressure and job insecurity among employees in Northern Ireland and the rest of the UK is at a 20 year high,... Read more

Pregnant trainee solicitor wins discrimination case

A trainee solicitor with a top city law firm has won her case for discrimination on the basis that she was denied a permanent job after she became pregnant. The employment... Read more

HMRC targets tax evasion in NI restaurant trade

Her Majesty's Revenue and Customs (HMRC) has set up a special task-force to target tax evasion in the Northern Ireland restaurant trade. A significant sum of money has been made available... Read more

Survey highlights cost of poor hiring decisions

A new study reveals the cost to a company of hiring an employee that turns out not to be a good fit for the position they are hired for. The CareerBuilder... Read more

Cashflow and red tape biggest problems for SMEs

Small business owners in Northern Ireland and the rest of the UK have identified cashflow problems and bureaucracy as their biggest headaches when it comes to keeping their company afloat. A... Read more

58 redundancies as NI Xtra-vision stores close

It has been confirmed that 58 employees of the Xtra-vision chain in Northern Ireland will be made redundant, after the decision was taken to close 11 of the 42 stores... Read more

Large companies slowest to pay invoices in Q1 2013

Data from Experian on invoice payments in the first quarter of 2013 reveal that large companies in Northern Ireland and the rest of the UK are the slowest at paying... Read more

Outsourced staff win unfair dismissal claim

An unfair dismissal case brought by six former council workers should serve as a cautionary note to any employers contemplating a staff reshuffle or company relocation. The six former Barnet Council... Read more

Tax fraud prosecutions double as HMRC gets tough

The aggressive approach taken by the HMRC to tax evasion and tax fraud over the past couple of years has seemingly paid off, as prosecutions relating to tax fraud are... Read more

Fall in lending to business despite FLS

Despite the implementation of the Funding for Lending Scheme (FLS) to inject some life into the mortgage market and commercial loans, there was a fall of £4.8billion in the amount... Read more

Increase in Northern Ireland unemployment

There was a slight increase in unemployment in Northern Ireland in March, taking the total rate up by 1.5 per cent to 8.4 per cent while the rest of the... Read more

NI small businesses owed £3.1bn in late payments

Research carried out by Bacs Payment Schemes Ltd (Bacs) has revealed that small businesses in Northern Ireland are owed, on average, £63,000 each by late-paying customers. In total £3.1billion is... Read more

NI corporation tax decision on hold until 2014

The Northern Ireland first and deputy ministers met with David Cameron today to push for a decision on devolving power to vary corporation tax, and while they weren't told no,... Read more

Tribunal finds teacher Facebook dismissal unfair

Content on social media sites is increasingly being cited by employers in the dismissal of employees, and while the majority reported in the media recently have involved successful cases against... Read more

PM urged to grant tax powers to Northern Ireland

Prime Minister David Cameron has been sent an open letter by the Confederation of British Industry (CBI) urging him not to pass up the chance for "transformational change" in Northern... Read more

NI rate of unemployment at 15 year high

The rate of unemployment in Northern Ireland has reached its highest level since the first quarter of 1998, rising by 0.7% over the last quarter. There is some variation in the... Read more

How the 2013 budget benefits Northern Ireland

Now that Chancellor George Osborne has delivered the government's 2013 Budget the analysis and commentary on who wins and who loses begins. In Northern Ireland in particular, quite a large... Read more

Female graduates paid much less than males

A new report suggests that female university graduates continue to be paid significantly less than their male counterparts who studied the same subjects. The Higher Education Careers Services Unit (Hescu) analysed... Read more

Fall in lending to SMEs due to lack of demand

Lending to small businesses fell by £382million in the last quarter of 2012 according to the British Bankers Association (BBA), despite the introduction of the Funding for Lending Scheme (FLS)... Read more

Belfast High Court overturns McCann bankruptcy

The Belfast High Court in Northern Ireland has overturned the bankruptcy of property developer Sean McCann after ruling that he had not moved his business interests from the Republic of... Read more

Court gives green-light to Causeway Golf resort

The construction of a £100m golf resort can now begin near the Giant's Causeway in Northern Ireland, after Mr Justice Weatherup rejected the challenge by the National Trust against the... Read more

First list of tax dodgers published by HMRC

The HM Revenue and Customs (HMRC) has published a list of 'deliberate tax defaulters' for the first time, in a week when there has been talk of adopting a name... Read more

Credit control practices a must for SMEs

Small businesses in Northern Ireland and the rest of the UK have found themselves having to re-think how they deal with late paying customers, as the problem with outstanding payments... Read more

NI unemployment rate on a par with rest of UK

A slight increase in the rate of unemployment in Northern Ireland, and a 0.8% decrease in the rest of the UK means that the province is now on a par... Read more

NI BBC employees strike over redundancies

Employees of the BBC in Northern Ireland have completed a 24-hour strike opposing compulsory redundancies at the corporation. The pickets outside the Broadcasting House in Belfast included popular radio personalities and... Read more

Fund launched to help SMEs in Northern Ireland

A new £5million 'NI Small Business Loan Fund' has been confirmed to help SMEs in Northern Ireland with financing, with Enterprise Minister Arlene Foster saying the fund will "help bridge... Read more

Compensation win for 'humiliating' suspension

Fiona McGeady, a lecturer at the North West Regional College in Londonderry, has won £7,500 compensation after a Fair Employment Tribunal found that she was suspended without good reason, and... Read more

Northern Ireland HMV employees face redundancy

A total of 109 HMV employees in Northern Ireland are facing redundancy after it was announced that nine stores will be closed. The closures in Northern Ireland form part of a... Read more

Slight drop in Northern Ireland unemployment

There was a slight fall in the rate of unemployment in Northern Ireland in the last quarter of 2012, though the number of people claiming unemployment benefits increased by 500... Read more

NI employers call for obesity to be tackled

Employers in Northern Ireland have sent out a message to the government to target obesity at the workplace, saying the problem costs the economy £370million a year. Over half (59%) of... Read more

HMRC tells employers to prepare for PAYE changes

Employers in Northern Ireland are being advised not to leave it too late to make the necessary changes in order to be able to comply with new Pay As You... Read more

NI Jessops employees to be made redundant

All employees of Jessops stores in Northern Ireland will be made redundant as it was confirmed that all 187 stores in the UK are to be closed. Attempts to rescue the... Read more

Half of NI businesses suffer from late payments

Over a half of businesses in Northern Ireland that responded to a survey say that late customer payments could drive them out of business. Nearly 500 local businesses were polled to... Read more

Causeway golf complex challenge at High Court

The Belfast High Court is currently hearing the arguments of the National Trust in support of its challenge to the planning permission granted to build a £100million golf and hotel... Read more

Scotland concerns delay NI Corporation tax powers

The decision to devolve Corporation tax powers to Northern Ireland is being stalled because of Westminster concerns that Scotland will immediately request a similar move, says Eamon Donaghy of KPMG... Read more

More UK businesses outsourcing debt recovery

There was an increase in the number of businesses in Northern Ireland and the rest of the UK choosing to outsource debt collection to a third-party company in the last... Read more

7 DVLA employees suspended over Facebook comments

The suspension of seven employees at the DVLA head office in Swansea over "inappropriate" comments made on Facebook should act as a caution for all people who use social media... Read more

Increasing pressure on employers to pay living wage

Employers and employees in Northern Ireland and the rest of the UK have increasingly heard more about the living wage in the media, a rate of pay that remains optional,... Read more

NI delay on redundancy changes affects UK firms

The lowering of the minimum consultation period before large scale redundancies can take place from 90 to 45 days is due to take effect in April next year in all... Read more

NI woman settles flexible working case

An employee who was denied flexible working by her employer upon her return from maternity leave has settled her claim outside of court for £15,000. Catherine McCaul, aged 36, was employed... Read more

Plans to halve redundancy talks period

The government is planning to halve the consultation period required by companies before they can implement large-scale redundancies. Currently companies are required to undergo a 90 days consultation period. Employment Relations... Read more

NI commercial property market stabilising

The Northern Ireland commercial property market is showing signs of stability according to a report by University of Ulster academics. Social Development Minister Nelson McCausland launched the report that was co-produced... Read more

Small drop in Northern Ireland unemployment

Unemployment in Northern Ireland dropped slightly last month, though there was an increase in the number of people signing up for unemployment benefit. An additional 500 people joined the dole queue... Read more

Small businesses urged to credit check customers

The effect of late invoice payments on small businesses is getting so severe that companies are being encouraged to credit check new customers to make sure they have the ability... Read more

NI firms fined over arm loss work accident

Two Northern Ireland companies have been fined by Belfast Crown Court for breaches of health and safety regulations after a work accident involving a mixer resulted in an employee losing... Read more

Chancellor's Autumn statement: Tax summary

Chancellor George Osborne announced the government view on the UK economy and its future plans in his Autumn Statement today. In particular, there were a number of tax changes outlined,... Read more

Cameron won't name and shame tax avoiders

David Cameron has ruled out adopting a 'name and shame' tactic to deal with multinational companies using tax avoidance schemes to minimise their corporation tax contributions. Pressure has been building among... Read more

Belfast's tallest building repossessed

The tallest building in Belfast, the Obel, has to all intents and purposes been repossessed after administrators were appointed to the three companies that control it. The Belfast commercial property consists... Read more

NI businesses get rate relief extension

The rate relief scheme introduced for new businesses in Northern Ireland will be extended by another two years. The scheme provides for a 50% discount on rates if a new business... Read more

NI unemployment increases despite UK wide fall

Unemployment in Northern Ireland continued to increase in the third quarter of this year, despite the overall UK levels reaching their lowest for over a year. Across the UK unemployment fell... Read more

October NI business decline results in redundancies

New figures compiled by Ulster Bank reveal that Northern Ireland business levels dropped to their lowest rate in seven months during October. For the ten month in a row, most companies... Read more

Council to pay £757m equal pay compensation

Following a Supreme Court victory for 174 employees last month, Birmingham City Council has confirmed that it is likely to pay £757million in compensation in respect of equal pay claims. The... Read more

Salary increases at a faster rate for top earners

New figures released by the Office for National Statistics (ONS) reveals that top earning employees have seen a much faster rate of increase in their salaries compared to the lowest... Read more

Pay gap between men and women could increase

Pay equality campaign group 'The Fawcett Society' has warned that the gender pay gap among employees in Northern Ireland and the rest of the UK is likely to get worse... Read more

NI construction woes cost small companies

Another week, and another Northern Ireland construction company has gone into administration, this time the Patton Group that employs 320 staff throughout the province. That such a large company hits the... Read more

2 in 5 businesses see increase in late payments

Approximately 40 per cent of small and medium sized businesses in Northern Ireland and the rest of the UK have seen an increase in the number of customers paying their... Read more

Miliband pledges to up pressure for living wage

Labour leader Ed Miliband has pledged to increase the number of people in Northern Ireland and the rest of the UK that receive the living wage. The living wage is an... Read more

Large companies paying less corporation tax

While businessmen and politicians in Northern Ireland continue their battle for the devolution of corporation tax powers to the Assembly, an increasing number of stories are emerging that large companies... Read more

'Hiring would increase if firing was easier'

Employers in Northern Ireland and the rest of the UK would be more inclined to hire new employees if the rules around dismissing them were relaxed, according to the CEO... Read more

Employers note - Minimum wage and living wage

A new report by KPMG is making the headlines by suggesting that 20 per cent of employees in Northern Ireland and the rest of the UK are not paid the... Read more

Divorce case ruling protects company assets

The Court of Appeal in England has reached a decision in a divorce case that could have huge implications for future divorcing couples in England and Wales if the line... Read more

Final meeting on NI corporation tax powers

The saga over whether or not powers to deal with corporation tax will be devolved to Northern Ireland should come to a close this Thursday in the last meeting between... Read more

Northern Ireland unemployment increases

The number of unemployed people in Northern Ireland rose to 70,000 last month according to official figures. The number of people claiming unemployment benefits over the last year has increased by... Read more

Million small businesses chase late payments

New figures produced by Bacs have revealed that a million small and medium-sized enterprises (SMEs) in Northern Ireland and the rest of the UK are having to chase customers late... Read more

Minimum wage changes come into force

Employers in Northern Ireland should take note of the changes to the minimum wage which take effect today. The minimum wage for employees aged under 21 remains unchanged at £4.98 an... Read more

NI businesses request expanded rates relief

Small businesses in Londonderry, Northern Ireland, are backing a request to Finance Minister Sammy Wilson to expand the current rates relief scheme, which has benefited 490 Derry based businesses so... Read more

Belfast Odyssey price tag falls to £10m from £75m

The commercial property adjoining the Odyssey Arena and W5 Science Centre in Belfast has been put on the market for sale at £10million. The Odyssey Pavillion contains 15 units and is... Read more

New 'Business bank' to lend £10bn to SMEs

Business secretary Vince Cable has announced the creation of a new 'business bank' to increase the amount of lending to small and medium sized businesses in Northern Ireland and the... Read more

Villiers keen on NI corporation tax devolution

The new Northern Ireland Secretary of State, Theresa Villiers, has moved to alleviate concern by local politicians and businessmen on her stance on the devolution of corporation tax powers by... Read more

Banks reject 42 per cent of small businesses

A new survey by the Federation of Small Businesses (FSB) suggests that about a half of businesses are wanting to expand over the next 12 months but 42 per cent... Read more

Businesses seek urgent corporation tax decision

The news this week that 760 Northern Ireland jobs are to be lost at FG Wilson, and that the rate of unemployment has risen above the UK average, has prompted... Read more

Half of councils paying small businesses late

A study carried out by the Forum of Private Business has revealed that local authorities are among the worst offenders of late payments to small businesses and other suppliers. A target... Read more

Employers favour cut in NI contributions

A new survey has revealed that Employers would most prefer to see a cut in the rate of employer National Insurance contributions (NIC) over any other tax relief. Of those polled... Read more

How big contracts can cost SMEs

Every small and medium sized business aspires to land big contracts with big companies, but a Think Tank is suggesting that SMEs should avoid dealing with bigger companies. The terms and... Read more

Increase in Northern Ireland unemployment

Unemployment in Northern Ireland increased in the second quarter of this year, though still remains below the overall UK average of 8%. The rate of unemployment in Northern Ireland now stands... Read more

Overstaffed employers consider redundancies

A new report suggests that a third of private sector employers are currently overstaffed, having chosen to hold on to employees with special skills despite declining business activity. It is common... Read more

11,000 Northern Ireland jobs lost in 2 yrs

Nearly 11,000 jobs in Northern Ireland have been lost over the last 2 years according to a new report, with employers making redundancies or choosing not to fill posts that... Read more

Record job applicants for NI Asda store

A new Asda store in Portadown, Northern Ireland, was the subject of a record number of job applicants for the company, with 11,000 people applying for 450 jobs. The store manager... Read more

Interest rates unchanged in August

The Bank of England has once again chosen to maintain interest rates at 0.5%, and has not increased its quantitative easing (QE) programme. The decisions were widely expected as an increase... Read more

Court injunction win for Belfast developer

Belfast property investor Chris Walsh has successfully obtained an injunction preventing the Bank of Scotland from forcing him to wind up his companies and declare bankruptcy. Mr Walsh obtained a number... Read more

NI business relief at Heathrow route assurance

Businesses in Northern Ireland have received a commitment by British Airways to maintain the Belfast-Heathrow flight route. Several flight routes to and from Northern Ireland have been thought to be at... Read more

NI bank customers to wait another week

Northern Ireland business and private customers of Ulster Bank have been advised that the backlog of transactions will not be cleared this week either. Businesses and individuals in Northern Ireland are... Read more

No guarantee of bank problem resolution next week

Businesses and private individuals in Northern Ireland will have to wait until next week, at the earliest, to see a resolution to the software problem that has prevented people from... Read more

Bank computer crisis puts NI businesses in limbo

The Northern Ireland Independent Retail Trade Association (NIIRTA) has advised that businesses are likely to face financial difficulties over the next few days as the Ulster Bank computer problem continues. Northern... Read more

NI corporation tax talks breakdown

The 'last' meeting of the ministerial working group to reach an agreement on devolving corporation tax powers to Northern Ireland has ended without an agreement. The group, which is made up... Read more

NI business to benefit from fuel duty delay

Northern Ireland MPs have welcomed the decision by the chancellor to postpone a planned 3p-a-litre rise in fuel duty until next January, though there were suggestions there should actually be... Read more

Scheme to boost private and business loans

The Bank of England has announced that they are developing a scheme to encourage more lending by banks to private individuals and to businesses. The scheme, yet to be finalised, will... Read more

Easons to open flagship store in Belfast

Northern Ireland's largest book retailer, Eason & Son, has announced that it will open a new flagship store in Belfast city centre. The newly acquired commercial property at 40-46 Donegall Place... Read more

'Belfast doesn't need two airports'

MPs in Northern Ireland have been told by the British Airline Pilots Association (BALPA) that Belfast does not need two airports that are separated by just 14 miles, and that... Read more

Lower Corporation tax would make NI 'unbeatable'

First Minister Peter Robinson says that lower corporation tax would make Northern Ireland "unbeatable" when foreign companies are considering where to invest. He believes that the lowering of corporation tax is... Read more

Employee relief at NI Clinton Cards store sales

Employees at six of the Northern Ireland branches of the now collapsed Clinton Cards company, and a branch of Birthdays in Belfast, have been handed a life-line through the news... Read more

Wilson to shame banks not helping SMEs in NI

Finance Minister for Northern Ireland, Sammy Wilson, has threatened to name and shame the banks which he says are failing to support small businesses in Northern Ireland through unrealistic lending... Read more

UK urged to decrease interest rates further

The UK should consider reducing interest rates further says the International Monetary Fund (IMF). Managing director of the IMF, Christine Lagarde, warned of the delicate position of the economy in the... Read more

NI corporation tax decision due soon

Secretary of State, Owen Patterson, has announced at Stormont, Belfast, this morning that a decision on whether to devolve corporation tax powers to Northern Ireland will be reached in the... Read more

16 Birthdays shops to close in Northern Ireland

Clinton cards is to close 16 of the 30 Birthdays card shops in Northern Ireland, after weeks of speculation of the future of the UK stores. Around 350 of the... Read more

Northern Ireland retailers endure low business levels

A new survey by Ulster Bank suggests that Northern Ireland is one of the worst regions of the UK in terms of new private sector business activity. While the rest... Read more

Record fine under new corporate manslaughter laws

Northern Ireland farming company, JMW Farms Limited of County Armagh, has become the first company in the province to be convicted under new corporate manslaughter legislation, and have been hit... Read more

Bmibaby Belfast flights dropped by IAG

The new owners of the Bmibaby airline, International Airlines Group (IAG) have announced that it will cease to operate all flights to and from Belfast, though reiterated their earlier commitment... Read more

Court ruling in favour of BofI debt recovery

The High Court has ruled that the Bank of Ireland can recover a debt of £1.5million loaned to fund an east Belfast property development a few months before the property... Read more

Murdoch not a 'fit steward' says MP report

The report containing the conclusions of the culture committee after interviewing former journalists and bosses of the News of the World delivers a strong opinion on the ability of Rupert... Read more

Assurance over Belfast to Heathrow flight route

The head of the parent company of British Airways, IAG, has confirmed that they have no intention of scrapping the route from Belfast to London Heathrow. Willie Walsh said he believed... Read more

UK's most expensive petrol will cost NI business

The AA have confirmed that the most expensive petrol and diesel in the whole of the UK is to be found in Northern Ireland, with the most expensive petrol costing... Read more

Record number of NI start-up companies in March

Data analysed by Duport Associates Ltd shows that there were a record number of start-up companies formed in County Antrim and Country Fermanagh of Northern Ireland in the month of... Read more

Belfast waste firm sold for £786,000

Skipway, the waste management company in west Belfast, has been sold for £786,000 after parent company O'Neill Contracts Ltd went into administration. It is not yet known who has purchased... Read more

Commercial property owners warned to get fire risk assessment

Commercial property owners in Northern Ireland were warned to ensure that they carry out a sufficient fire risk assessment of their properties following the death of an 81 year old... Read more

'Tesco tax' will not cost jobs says Wilson

Finance Minister Sammy Wilson has defended criticism of the new tax on large stores in Northern Ireland, saying that it will not result in the loss of jobs. One of the... Read more

'Northern Ireland should set up enterprise zones'

The secretary of state, Owen Paterson, has encouraged the Northern Ireland executive to join the rest of the UK in setting up enterprise zones. Enterprise zones, first conceived by Margaret Thatcher's... Read more

Cuts to UK corporation tax rate accelerated

The Chancellor has announced in his Budget speech that the rate of corporation tax in the UK will be drop from 26% to 24% as of next month. The rate has... Read more

Belfast businessman battles Barclays twins in court

Paddy McKillen of Belfast is in the High Court trying to block what he describes as a "takeover plan" by his co-investors in Coroin, the company which owns three of... Read more

NI big business tax unfair says Sainsbury's boss

Justin King, chief executive of Sainsbury's, says the 'big business tax' to be levied on large retailers in Northern Ireland from 1st April is unfair. Mr King did however say he... Read more

Could Scotland independence affect NI corporation tax plans

Finance Minister for Northern Ireland, Sammy Wilson, feels that Westminster concerns over Scottish independence could bar the way to a positive outcome on devolving tax powers to the Northern Ireland... Read more

Lack of flights could prejudice NI business

Leading Northern Ireland businesses have been told that the lack of flight connections in and out of the country could jeopardise future trade and job opportunities. Research from Oxford Economics, culminating... Read more

Northern Ireland 'Tesco tax' begins in April

The tax on large retail stores in Northern Ireland, nick-named 'Tesco tax', has passed the final stage of approval in the assembly and will take effect from 1st April this... Read more

Belfast city to get £150m revamp

Belfast City Council has announced a £150million investment programme to be spent in the city with a view to elevating Belfast to a status to rival other major European capitals. The... Read more

Business Secretary Cable visits Northern Ireland

In his first visit to Northern Ireland, Business Secretary Vince Cable has done a tour of a number of companies, saying that what he has seen in Belfast refutes the... Read more

No private sector growth in NI for 4 years

While the rest of the UK recorded a growth in private sector business at the end of 2011, Northern Ireland saw no change in November, followed by a large decline... Read more

Gov pledge to tackle big firm tax avoidance

David Cameron and Nick Clegg have both spoken of a need to tackle tax avoidance by large companies in the UK. Mr Cameron told a group of small businesses and entrepreneurs... Read more

Tax office to target small businesses

Despite 2011 being full of promises from the HMRC to simplify the tax system and introduce measures that would generally allow small businesses to get on with business, it was... Read more

Business relief at Belfast-Heathrow flight save

Many business owners in Northern Ireland were relieved to hear the news that the BMI Belfast to Heathrow flight will continue despite the sale of the airline to International Airlines... Read more

Stormont-Westminster meeting on corporation tax

The first joint ministerial meeting to discuss devolving power to deal with corporation tax to the Northern Ireland Assembly has taken place. Ministers from Stormont and Westminster sat together for the... Read more

Proposal to extend ‘Tesco tax’ to all big NI businesses

In mid-2011 Finance Minister Sammy Wilson announced a consultation on a possible rates increase for large retail stores in Northern Ireland in order to subsidise reduced rates for smaller businesses.... Read more

New stats show 2010 a bad year for NI business

New figures released by the Office for National Statistics show that there were more closures of businesses in Northern Ireland than there were new start-ups in 2010. There were 5,390 Northern... Read more

What the Autumn Statement offers for businesses

The Autumn Statement presented by Chancellor George Osborne maps out the measures which are likely to be included in the 2012 Finance Bill. While most media attention focussed on the... Read more

Ministerial meeting on corporation tax in December

The first joint ministerial meeting to discuss the future of corporation tax will take place in December. Secretary of State Owen Patterson confirmed the meeting had been arranged, and will... Read more

Stormont calls for improved finance for businesses

Stormont's Finance Committee is calling for improved access to finance for businesses in its regular meetings with the British Bankers' Association and representatives of the four largest banks in Northern... Read more

Comet electrical stores sold for £2

Troubled electrical retail company Comet is to be sold for £2 by Kesa, though they themselves will invest £50million into the new holding company in order to guarantee employees' final... Read more

Stormont-Westminster group meeting on Corporation tax

A joint Westminster and Stormont group of ministers are to meet next month for the first time to discuss devolving power to alter corporation tax to the Northern Ireland Executive.The... Read more

Osborne intervenes to save Belfast to NY flights

Chancellor George Osborne has overseen negotiations on a deal to save the Belfast to New York flight route. The route operated by Continental is the only Northern Ireland flight to... Read more

No NI corporation tax cut this term

Finance Minister Sammy Wilson has announced that there will be no reduction in the Northern Ireland rate of corporation tax during the current assembly term, saying that there was as... Read more

NI businesses call for US flights to be saved

Northern Ireland businesses have called on the provider of the only US flight to and from Belfast to continue the route, as the airline is set to make a decision... Read more

First prosecution under new Bribery Act

The Crown Prosecution Service has confirmed that a London Magistrates' court employee is the first person to be prosecuted under the new Bribery legislation. Munir Yakub Patel was charged under Section... Read more

Financial Times skeptical on NI Corporation tax cut

The debate over whether or not to grant Northern Ireland power to alter its' rate of corporation tax has been going on long enough now that just about everyone has... Read more

NI businesses optimistic for the future

While many businesses in Northern Ireland are currently facing a daily struggle for survival, most it would appear are optimistic about the future of the economy according to research carried... Read more

Nearly 2 in 10 Northern Ireland shops vacant

A new study by the British Retail Consortium (BRC) has revealed that Northern Ireland is the region of the UK with the highest rate of vacancies in retail properties, with... Read more

UK firms plan more redundancies

A new survey by the Chartered Institute of Personnel and Development (CIPD) reveals that there are more employers planning redundancies in the third quarter of this year than there are... Read more

Another NI property firm in administration

Newry firm, KB developments, has joined the growing list of Northern Ireland property firms to go into administration over the last year. According to the last filed accounts of the... Read more

Interest rates remain at 0.5 per cent

As widely predicted, the Bank of England's Monetary Policy Committee (MPC) has voted in favour of maintaining interest rates at the record low of 0.5 per cent. Few economists are predicting... Read more

Cost of cutting NI corporation tax increases

The debate over whether or not to cut the rate of corporation tax in Northern Ireland has largely been defined by two differing views on the cost versus potential reward;... Read more

Cut NI air passenger tax to grow economy say MPs

The Northern Ireland Affairs Committee has issued a report that recommends getting rid of air passenger duty (APD) from all flights departing from the country. It believes the move is... Read more

UK companies prepare for new bribery legislation

New legislation aimed at tackling bribery in Northern Ireland and the rest of the UK comes into effect today, 1st July, causing many companies to take legal advice from their... Read more

NI company directors facing 15 year disqualification

Brothers Patrick and Hugh Hegarty, whose Londonderry based property company went into administration, are now facing court action that could see them disqualified from acting as company directors for up... Read more

MP not convinced on NI corporation tax cut

The debate on whether or not the Northern Ireland corporation tax rate should be reduced has gathered momentum of late, with the public consultation element to be closed in two... Read more

Tax threat to banks over poor business lending

The government has issued a threat to the largest lenders in the UK that they need to improve on their "disappointing" lending to businesses, or face "further action with tax... Read more

PM to visit NI to discuss corporation tax cut

David Cameron will visit the Stormont Assembly in Belfast, Northern Ireland this Thursday to discuss the issue of lowering the rate of corporation tax in Northern Ireland. The Prime Minister will... Read more

Committee supports NI Corporation tax cut

The Westminster 'Northern Ireland Affairs' committee has voiced its support for a cut in the rate of corporation tax in Northern Ireland. A reduction in the tax has been debated... Read more

Banks miss small business lending targets

The major lenders operating in Britain have failed to meet their targets for lending to small and medium-sized businesses by more than £2billion. The Project Merlin deal signed in February... Read more

3 NI construction companies in administration

The survey published last week by the Royal Institution of Chartered Surveyors (RICS) showed that the Northern Ireland construction sector had reached a new low. That pessimistic evaluation of the... Read more

Northern Ireland construction sector in further decline

A new survey released by the Royal Institution of Chartered Surveyors (RICS) has confirmed that the construction sector in Northern Ireland has declined to a new low. The stagnant residential... Read more

Golf resort owners anger at bank

Jim Treacy, owner of the Lough Erne Golf Resort in Enniskillen in Northern Ireland, has hit out at the bank for their decision to place the five star resort into... Read more

NI 5 star hotel and golf resort in administration

It has been announced that the five star Lough Erne hotel and golf resort in County Fermanagh, Northern Ireland, has gone into administration less, than 4 years after it was... Read more

No change to UK interest rates

The Bank of England Monetary Policy Committee (MPC) has again voted to maintain interest rates at their record low of 0.5%, in a move which was widely predicted by economists... Read more

Small Claims Court increase claims limit to £3000

The Northern Ireland Courts and Tribunals Service increased the financial limit on Small Claims Applications.  As of 2nd May 2011 you can issue a Claim within the Small Claims Court... Read more

Belfast office block to get 10-storey extension

Kinler Properties, based in Dungannon, has announced a major extension to their Belfast city centre office block at the back of 40 Linenhall Street and development of neighbouring land. The... Read more

Sale of Quinn Insurance business confirmed

The sale of Quinn Insurance company to Liberty Mutual Direct Insurance (LMDI) has been confirmed, together with an assurance that the 1,570 jobs in Northern Ireland or and the Republic... Read more

Red Sky goes into voluntary administration

Following the Northern Ireland Housing Executive (NIHE) decision last week to terminate contracts with maintenance company Red Sky valued at £8million, the firm has said it has had "no alternative"... Read more

Northern Ireland retailer tax criticised

A proposal to impose a new tax on large retailers contained in the Northern Ireland Executive budget statement has been criticised by the British Retail Consortium (BRC) as being self-defeating. Few... Read more

NIHE terminates Red Sky maintenance contracts

The Northern Ireland Housing Executive (NIHE) has sent a termination letter to Red Sky construction company to end maintenance contracts in three months time. Red Sky is based in east Belfast,... Read more

Anti-bribery laws given July implementation date

Justice Secretary Ken Clarke has today confirmed that the new anti-bribery legislation, the Bribery Act, will come into force on 1st July. The bill was originally intended to be... Read more

Northern Ireland Corporation tax paper published

While the mainland UK gets over its surprise of a 2% cut in Corporation tax from April this year; most had expected it to be 1%, the Northern Ireland debate... Read more

Corporation tax to be cut to 23 per cent by 2014

The announcements made in the budget speech by George Osborne on Wednesday have caused many to call it a 'Budget for businesses', with the business body CBI themselves saying it... Read more

NI business activity decline slowing down

The rate of decline in business levels in Northern Ireland has fallen at the slowest rate since December 2009, according to the Purchasing Managers Index (PMI) published by the Ulster... Read more

Northern Ireland corporation tax cut in 2012

The BBC presenter Andrew Neill has said that the Politics Show "has learned from senior treasury sources that the London government is indeed minded to grant Northern Ireland its wish"... Read more

Interest rates remain frozen despite speculation

Despite mounting speculation that interest rates could be due to increase very soon, the Bank of England's Monetary Policy Committee  (MPC) have opted to maintain the record low rate of... Read more

Firms told to double number of women in boardroom

A new report by Lord Davies has warned firms to double the number of women on their boards by 2015, or otherwise face possible government measures. He has urged FTSE 350... Read more

Most UK companies confused by tax system

A new report by the accountancy organisation BDO has revealed that almost two thirds of companies in Northern Ireland and the rest of the UK say they are so confused... Read more

Inflation rate rises to 4 per cent

January saw the UK Consumer Prices Index (CPI) annual inflation rate increase to 4%, adding more pressure on the Bank of England to withdraw from their policy of keeping interest... Read more

Northern Ireland firms struggling for survival

The latest purchasing managers index (PMI) published by Ulster Bank shows that business activity in Northern Ireland dropped by a "substantial" amount, and is the only region of the UK... Read more

Banks make business lending pledge in Project Merlin

The government has announced that the UK's largest banks have signed an agreement called Project Merlin that contains commitments on lending, bonuses and transparency. In the agreement, the lenders commit to... Read more

Draft treasury paper favours NI corporation tax cut

A draft government paper obtained by the BBC seemingly comes out in favour of the much debated cut in the rate of Northern Ireland corporation tax, suggesting that it could... Read more

Failed property developers serve writ on bank

Michael and John Taggart, the two brothers behind one of the biggest property companies in Northern Ireland to go into administration in the aftermath of the recession, have turned the... Read more

Failed property company's site dropped 90% in value

County Down property company, Olympus Development and Investments, bought a nine acre development site in County Roscommon with a Bank of Ireland loan of £732,000, and the administrator has now... Read more

Interest rates stay at 0.5 per cent

As expected, interest rates in the UK have been kept at 0.5% for another month by the Bank of England's Monetary Policy Committee. There was also no announcements of plans... Read more

Paterson says corporation tax cut could help NI

Secretary of State Owen Paterson has joined the debate about the potential benefits of a cut in corporation tax in Northern Ireland, saying that reducing the rate to make it... Read more

Osborne says VAT rise tough but necessary

Chancellor George Osborne has described the rise in the top rate of VAT from 17.5% to 20% as "tough but necessary" for the good of the UK economy. The increase is... Read more

Retailers says VAT increase will hurt NI economy

The NI Independent Retail Trade Association (NIRTA) has said that the increase of VAT from 17.5% to 20% will hinder the recovery of the Northern Ireland economy and will result... Read more

NI firm managers banned from being company directors

Three former managers of Co Down tile firm, Eurotile Marketing limited, have been banned by the Department of Enterprise, Trade and Investment (DETI) from acting as company directors as a... Read more

Finance Minister meets banks to improve lending

Finance Minister for Northern Ireland Sammy Wilson has met with local banks and the Institute of Directors to discuss improving lending to businesses and customer relationships in general. Representatives from... Read more

Corporation tax cut 'totally unattractive'

The momentum for a cut in the Northern Ireland corporation tax rate took a large blow when Secretary of State, Owen Paterson, told MPs that such a move could mean... Read more

Snow costs business £1.2billion a day

The cost of disruption to businesses in Northern Ireland and the rest of the UK as a result of the severe winter weather has been estimated at £1.2billion a day... Read more

Corporation tax cut would cost NI £300m

Leading tax expert, Richard Murphy of Tax Research UK, has slammed calls from Northern Ireland business leaders for a corporation tax cut, saying it would cost the country £300m from... Read more

NI Corporation tax rate cut for SMEs only

A proposal limiting any reduced rate of corporation tax in Northern Ireland to small to medium sized businesses only has been published by the Ulster Unionist Party. The document proposes... Read more

Northern Ireland construction sector decline continues

The Construction Market Survey released by the Royal Institution of Chartered Surveyors shows that construction activity in Northern Ireland experienced a substantial drop in the third quarter of this year,... Read more

Banks deny they aren't lending to NI businesses

The executive director of retail lending of the British Bankers' Association (BBA), Eric Leenders, has denied claims that banks are not lending to businesses in Northern Ireland during his appearance... Read more

Small businesses told to get ready for VAT increase

The 2.5% VAT increase due to come into force in January is predicted by insolvency practitioners to pose a significant problem for small businesses, many of whom have yet to... Read more

Northern Ireland recession to end in 12 months

A new report on the economies of Northern Ireland and the Republic of Ireland by accountancy firm Ernst and Young suggests that the economy north of the border will rise... Read more

Commercial property development to decline further

A survey by property consultant Savills has shown that commercial property development activity declined in October for the third month in a row. Public sector activity decreased significantly for the... Read more

Half of winding petitions issued by HMRC

Over half of all winding petitions in 2009/2010 were issued by HM Revenue & Customs (HMRC) as approximately 6,400 companies struggled to make payment on their tax bill. The number... Read more

NI business decline runs into 35th month

After 34 months of a downward trend in business activity in Northern Ireland, there will be little surprise at the Ulster Banks release of its Purchasing managers' index (PMI) for... Read more

Coca-Cola threatens legal action over Restaurant sign

A UK restaurant owner has received a threat of legal action from soft drink giant Coca-Cola over a supposed copyright breach involving the sign that hangs outside the restaurant. Owner... Read more

Time up on HMRC's Time to Pay for businesses

The number of refusals of requests by businesses to defer tax payments under the 'Time to Pay' scheme (BPSS) by HMRC has nearly doubled in 2010, and other figures suggest... Read more

Government backs compulsory company pensions

The government has agreed to the principle of automatic enrolment of employees in company pension schemes that was created in the 2008 Pensions Act. As such, from September 2016 all... Read more

Cameron vows to improve bank lending to business

David Cameron has announced his intent to use government influence to make the banking sector "focus on small business lending ... rather than the banks thinking how [they] can become... Read more

Four NI firms in administration on same day

Four Northern Ireland companies went into administration on the same day last week, with fears that 80 jobs could be lost as a result. The news will come as a... Read more

Fears of NI construction decline as result of cuts

The announcement on Wednesday that the Northern Ireland executive's capital spending budget would be reduced by 40% has led to fears that the construction sector could suffer even more than... Read more

Big business supports government spending cuts

A letter has been sent by 35 of the largest companies in the UK to the Daily Telegraph to convey their public support for the proposed government spending cuts ahead... Read more

Banks propose £1.5bn fund for small businesses

UK Banks have reacted to continued government criticism of their seemingly unwillingness to lend to small businesses by proposing the creation of a £1.5billion fund for investment in small businesses. The... Read more

Unions question lowering NI corporation tax

A report commissioned by the Irish Congress of Trade Unions and the Trade Union Congress, and written by director of Tax Research Richard Murphy, questions the calls from various sectors... Read more

Northern Ireland economy still in decline

The latest Ulster Bank report on the economy in Northern Ireland has shown that the previous downturn has not abated and continued into September, despite the rest of the UK... Read more

UK business confidence at recession-level low

The Business Trends optimism index produced by BDO shows a fall to 91.6 in September compared to 93.1 in August, and means that confidence among UK businesses has fallen to... Read more

NI needs to grow private sector says Nick Clegg

Deputy Prime Minister Nick Clegg has pledged to re-examine the spending cuts proposed in Northern Ireland after talks with the first and deputy first ministers this week. He said he... Read more

Chancellor vows to make UK best for business

In a week of announcements about benefit cuts and other tough moves designed to reduce the deficit, the Chancellor was careful to stress that the government was not just about... Read more

£1.8m tax bill for 19 years of empty offices

A new report by the Stormont Public Accounts Committee (PAC) has revealed that taxpayers have had to foot a £1.8million bill for rental of offices in Campsie Northern Ireland that... Read more

Failed NI company gets mortgage 10 days before collapse

In a lending climate where private individuals and viable business owners alike are complaining about a shortage of credit and reluctance from banks to lend, one Northern Ireland company, McDaid... Read more

Failed NI company gets mortgage 10 days before collapse

In a lending climate where private individuals and viable business owners alike are complaining about a shortage of credit and reluctance from banks to lend, one Northern Ireland company, McDaid... Read more

Bank bricked up in protest over lack of credit

Developer, Cameron Hope, and a number of other protesters bricked up the front entrance to the Dorset branch of Barclays bank in protest at the reluctance to lend to small... Read more

Bank bricked up in protest over lack of credit

Developer, Cameron Hope, and a number of other protesters bricked up the front entrance to the Dorset branch of Barclays bank in protest at the reluctance to lend to small... Read more

Business Secretary vows review on corporate behaviour

In a much criticised speech attacking rampant capitalism Business Secretary Vince Cable announced plans to review company governance and takeovers. The speech was made at the Liberal Democrat party's conference... Read more

Business Secretary vows review on corporate behaviour

In a much criticised speech attacking rampant capitalism Business Secretary Vince Cable announced plans to review company governance and takeovers. The speech was made at the Liberal Democrat party's conference... Read more

NI businesses call for public sector pay freeze

A proposal by the Confederation of British Industry (CBI) calls for the cuts to public sector jobs as well as an introduction of a pay-freeze and a revision of pension... Read more

NI businesses call for public sector pay freeze

A proposal by the Confederation of British Industry (CBI) calls for the cuts to public sector jobs as well as an introduction of a pay-freeze and a revision of pension... Read more

NI property company owes £2.2m to bank

When administrators were appointed last year property company Hanna Quality Homes Limited owed £3.4million to the Ulster Bank. A sale of assets, including land and properties in the Portrush and... Read more

Northern Ireland sees falling levels of trade

A survey by Ulster Bank has shown that Northern Ireland is the only region in the UK with declining business activity levels. A 33rd consecutive month of decline in new... Read more

Royal mail to be floated or sold

Businessman Richard Hooper's advice to Business Secretary Vince Cable is that the Royal Mail will only survive with an introduction of cash and expertise from the private sector, prompting the... Read more

Small businesses fear insolvency over public sector cuts

Almost 10% of small businesses, approximately 148,000 companies, in the UK say they could be forced into insolvency if they lose their contracts from the public sector, according to R3.... Read more

Planning permission granted for Strabane business park

Planning permission has been granted to Invest Northern Ireland to build a business park in Strabane, though they do not yet own the land. The plans to build a new... Read more

Ryanair withdrawal puts Planning Service in spotlight

The Planning Service of Northern Ireland has been brought into the spotlight once again as a result of Ryanair withdrawing services from Belfast City airport; the main reason being given... Read more

100,000 pound price tag for 'Tyrone Crystal' name

Tyrone Crystal Giftware Ltd went into administration in March of this year, but still had interest from three companies who wanted to purchase the 'Tyrone Crystal' name. It is expected... Read more

Ryanair to cease services from Belfast City Airport

Ryanair has announced that it will no longer provide services from Belfast City Airport, effective from the end of October. The decision was said to have been made after continued... Read more

Business insolvency rate drops in July

Figures published by Experian have revealed that the rate of insolvencies among businesses in the UK dropped in the month of July, with a particularly sharp drop among small to... Read more

Small firms in UK feel betrayed by banks

Small companies throughout the UK are accusing their banks of failing them when hard times set in, with the Financial Ombudsman Service (FOS) receiving 496 complaints from businesses about their... Read more

£15m economic development project planned for Belfast

A new £15million economic development project is to be built in West Belfast with joint funding by the Department for Employment and Learning, Belfast Metropolitan College, and the International Fund... Read more

Northern Ireland supermarkets' anti-competition deadline

Eight of the big name supermarkets in Northern Ireland have been given a five year deadline to terminate anti-competition agreements with landowners that stop rivals from planting a store in... Read more

Northern Ireland Corporation tax to be reviewed

A group of MPs called the Northern Ireland Affairs Committee will review the current level of Corporation tax in the province to consider if it should be altered to something... Read more

Record number of new businesses expected this year

The Federation of Small Businesses (FSB) has predicted a boom in the number of people becoming self-employed in the next year, expecting a record number of 300,000 new small businesses... Read more

Public sector cutbacks to increase Business insolvencies

Credit professionals are predicting that the massive cutbacks to be made to the public sector will increase the number of business insolvencies by 10-20% over the next 12 months. The research... Read more

Banks threatened with penalties to improve loans to SMEs

Business Secretary Vince Cable has issued a warning to banks that penalties may be imposed if they continue to fail to provide loans to good businesses. Cable's business department, along with... Read more

Northern Ireland start-up firm aids hedge-fund success

Software designed by a Northern Ireland start-up company, Rantec Research, has helped a $100million Swiss-based hedge fund to success, while many major global funds elsewhere were suffering losses. The software 'EA1'... Read more

Government cuts could sink construction sector

A new report by insolvency specialists Begbies Traynor has said that the number of construction companies in the UK that are experiencing financial trouble is at an historically high level,... Read more

Northern Ireland Corporation tax rate 'drives business south'

In the past five years, 21 companies that were in talks with Invest NI about setting up in Northern Ireland subsequently decided to go south of the border to the... Read more

?5.2million investment for Kilkeel plane seat firm

Thompson Aero Seating Ltd is a small company located in Kilkeel, but is fast becoming the leading innovators of aeroplane seat design, increasing the credibility and reputation of Northern Ireland's... Read more

4 out of 5 directors support Budget measures

A poll published by the Institute of Directors has revealed that four out of five directors support the tough measures announced in the Chancellors budget speech earlier this week. Of the... Read more

VAT hike to 20% is a "major mistake"

Glyn Roberts of the Northern Ireland Independent Retail Trade Association (NIIRTA) says that the budget speech announcement of a VAT increase to 20% is a "major mistake". The NIIRTA represents... Read more

How the budget effects Northern Ireland

Chancellor George Osborne's first budget speech was certainly one of the most dynamic and surprising that there has been for some time; full of spending cuts and tax increases. While the... Read more

Murdoch's BSkyB takeover bid rebuffed

BSkyB, the British satellite broadcaster, have rebuffed Rupert Murdoch's attempt to take full control of the company according to his News Corporation. News Corporation already owns 29.1% of BSkyB and... Read more

'Northern Ireland needs 12.5% corporation tax'

Irish media mogul Gavin O'Reilly believes Northern Ireland needs to reduce its corporation tax to 12.5% in order to see the same growth and prosperity as the Republic of Ireland. O'Reilly,... Read more

Businesses in NI to have say in town development

Social Development Minister Alex Attwood has announced that new legislation will be introduced to give businesses greater involvement in the development of town centres in Northern Ireland, so that they... Read more

Corporate Tax Cut to be staggered over 5 years

Commercial Secretary of the Treasury, Lord Sassoon, has announced that the Government plans to reform corporation tax over a five year period as opposed to a single swift cut of... Read more

UK Business to lose ?1billion to World Cup distraction

A survey conducted by the Chartered Management Institute (CMI) has revealed that business in Northern Ireland the rest of UK could lose up to £1billion in production due as a... Read more

Record FSA fine for JP Morgan

JP Morgan Securities has been fined a record £33.32million by the Financial Services Authority (FSA) for not protecting its clients' money by keeping it in separate accounts; which would safeguard... Read more

New UK Corporate Governance Code published

The new UK Corporate Governance Code has been revealed and contains changes “designed to reinforce board quality and focus on risk and accountability to shareholders” according to Baroness Hogg, chairman... Read more

Kraft factory closure u-turn breached takeover code

Kraft has been censured by the Takeover Panel for breaching the Takeover code in its recent acquisition of Cadbury.  Kraft had promised to keep the Somerdale factory near Bristol opened... Read more

Multi-million revamp of Belfast city centre on hold

Concerns over the regeneration budget have resulted in the Department of Social Development announcing that the multi-million pound redevelopment scheme for Belfast City centre has been put on hold. The scheme,... Read more

Business and Children lose out as Gov announces spending cuts

George Osborne has today announced £6.2billion worth of spending cuts and has warned that there is much more to come. The cuts are being made to make a direct impact on... Read more

High Court overturns injunction blocking BA strike

The victory last week for British Airways in successfully obtaining an injunction blocking strike action has proved to be short lived as the Court of Appeal has since overturned the... Read more

High Court stops British Airways strike

The British Airlines strike saga took another twist yesterday as the High Court ruled that the cabin crew strike planned to start today was illegal. The judge upheld the airlines case... Read more

More BA strikes concern Business owners

Business owners in Northern Ireland and the rest of the UK are expressing concern about the new wave of BA strikes planned for this month and early June. While there... Read more

987 new companies formed in N.I. in 1st Quarter 2010

ICC formations, have released new figures on the number of company formations in Northern Ireland in the first quarter of 2010. While the numbers may be down against the same... Read more

Northern Ireland businesses count cost of ash cloud

Businesses in Northern Ireland have been warned by the tourism sector that the country is likely to suffer from the ongoing volcanic ash clouds in terms of the number of... Read more

Volcanic ash costs Ryanair ?35million in compensation

Michael O'Leary, boss of Ryanair, had initially indicated that he would play hardball and reject any compensation claims presented to Ryanair by stranded customers in the wake of the volcanic... Read more

Northern Ireland businesses least confident in the UK

The latest regional trends survey released by PricewaterhouseCoopers (PWC) shows that businesses in Northern Ireland are among the lease confident in the UK. It also painted a bleak picture of the... Read more

Administrators close doors at Laser Electrical

Laser Electrical, the largest locally owned electrical retailer in Northern Ireland, has had the doors closed in its 10 stores throughout the country as administrators failed to find a buyer.... Read more

Small businesses still struggling to get loans

Despite growing political pressure on banks to lend more money to small businesses, the latest survey from the Bank of England suggests Lenders proved tight handed with loans to businesses... Read more

UK businesses fear insolvency in event of double dip recession

The insolvency trade body R3 has released figures after research looking at small business owners confidence in their financial stability. The research shows that many small businesses have been worn down... Read more

New credit adjudicator role to improve lending to businesses

Small businesses in the UK had much to be thankful for in Alistair Darlings pre-election Budget; an extension to the 'time to pay'  tax scheme, a £2.5billion package to boost... Read more

Report reveals biggest challenges to business in N.I

The InterTradeIreland Quarterly Business Monitor survey has revealed  that companies in Northern Ireland are pessimistic about their profits for the near future, though most do anticipate growth in the economy... Read more

Need for confidence boost in 'pre-packaged' administration process

Ian Lucas, Business Minister, today responded to a report from the Insolvency Service which said that rules designed to build confidence in 'pre-packs' were not being complied with by insolvency... Read more

Northern Ireland businesses benefit from HMRC tax rescheduling scheme

Just over 7,000 businesses in Northern Ireland have been given assistance to weather the financial storm by relying on the HM Revenue & Customs' tax payment rescheduling scheme, otherwise known... Read more

NI businesses set for carbon reduction initiative

Many businesses based in Northern Ireland and other parts of the UK will soon be encouraged to cut the amount of carbon they produce, as part of an initiative backed... Read more

NI firms encouraged to realise 2012 opportunities

Firms based in Northern Ireland are being encouraged to look at how they might be able to benefit from the work that is being offered by the London 2012 Olympic... Read more

UK businesses winning the fight for survival

Businesses in the UK are seemingly winning the fight for survival according to a report issued by Equifax, the Business information provider. The number of business failures in January decreased... Read more

'Horrific' drop in loans to business

Concerns about the state of the economy deepened with the news that Lending by banks to business fell last year for the first time since records began. The Liberal Democrats... Read more

Finger amputation leads to GBP 10,000 fine

The amputation of an employee's finger in Dudley has led to a manufacturer being fined GBP 10,000, companies looking at solicitors in Belfast may be interested to discover.M&M Windows Ltd,... Read more

Kraft do U-turn on pledge not to close Cadbury plant

Kraft foods have confirmed that the Cadbury Somerdale factory near Bristol is to close by 2011, with 400 jobs to be lost. The news will increase widespread fears that the... Read more

BSkyB to sell 10.4 percent ITV stake to end long-running legal battle

U.K. Pay-TV group British Sky Broadcasting PLC (BSkyB) has confirmed that it is bowing out of its long-running attempt to keep a 17.9% stake in broadcaster ITV PLC (ITV.LN) which... Read more

Record number of people declared insolvent in 2009

Figures released by the Insolvency Service show that a record number of people in England and Wales were declared insolvent during 2009. 134,142 people went bankrupt, sought debt relief, or... Read more

Equality Bill 'needed to improve wages of female workers'

The government's Equality Bill offers an important opportunity to improve the standards of pay among the UK's female workers, according to one expert.Brendan Barber, general secretary of the Trades Union... Read more

Kraft takes control of Cadbury

The American food group Kraft were finally able to confirm yesterday that they had secured 71.73% of Cadbury shares, giving it control over the 189 year old British chocolate making... Read more

UK economy officially out of recession

Despite a weaker than expected growth in the UK economy over the last quarter of 2009, the 0.1% increase was sufficient to lift the economy out of recession after 6... Read more

Financial distress to increase for businesses during recession

Begbies Traynor, have today released their latest Red Flag alert which is a monitor of early warning signs of company distress, and will make for uncomfortable reading among UK business... Read more

FSB calls for solution to adverse weather as UK economy loses ?600m a day

The recent bad weather is estimated to have cost the UK economy approximately £600million a day because of forced closures of businesses, lack of consumers on the street, many staff... Read more

Employment minister concern of losing money to help N.I. businesses

Sir Reg Empey has voiced his concerns that less money will be made available to help Northern Ireland businesses as a result of the need to cut as much as... Read more

Chancellor accused of giving to small businesses and then taking back

The Federation of Small Businesses in Britain has accused Chancellor Alistair Darling of 'giving with one hand and taking away with the other' by deferring the increase in corporation tax... Read more

New service launched by Wilson Nesbitt a first for Northern Ireland

In a first for Northern Ireland, Wilson Nesbitt Solicitors of Belfast have launched their new business law guide and document builder website. People visiting www.wilsonnesbittonline.co.uk will have free access to... Read more

Northern Ireland economy recovering slower than rest of UK

Recent emerging reports have suggested that the Northern Ireland economy will take longer to recover than the rest of the UK, with the First Trust Bank's December economic and business... Read more

Northern Ireland 'set to emerge from recession'

Businesses in Northern Ireland could emerge from the economic strain of the recession very soon, a new study has revealed. According to Ulster Bank's latest Purchase Managers Index survey, over... Read more

UK business confidence 'on the rise'

Businesses across the UK are becoming increasingly confident about their future, new figures have revealed.The study by Lloyds TSB found that firms are now more confident than at any time... Read more

Talk of green shoots 'exaggerated'

Talk of green shoots in the UK economy have been exaggerated, according to one expert who has suggested 'boom conditions' will not be seen for several years.According to Michael Baxter,... Read more

NI businesses 'lead way on green issues'

Small businesses from across Northern Ireland have boosted their environmental credentials in recent months, new research has suggested.The study by NetRegs.gov.uk found that the number of firms attempting to improve... Read more

NI firms 'in better position than southern rivals'

Companies in Northern Ireland are currently in a better position than their counterparts over the border, a new study has suggested.According to the research by InterTradeIreland, 72 per cent of... Read more

Credit availability 'improving for businesses'

New research has suggested that firms across the UK and Northern Ireland are finding it easier to obtain credit for the first time this year.The study by the Confederation of... Read more

FSB takes local trade campaign to Downing Street

The Federation of Small Businesses (FSB) has handed over a petition calling for more support for local firms to Downing Street, it has been revealed.As part of its Keep Trade... Read more

Belfast property deal close, developer says

A deal to buy the former Stinson Seafood property in Belfast, Northern Ireland, is close, it has been reported.Village Soup reports that developer Arthur House has almost sealed a deal... Read more

Outlook improving for SMEs

New research has revealed that small businesses in the UK and Northern Ireland are slowly beginning to recover from the effects of the economic downturn.The study by the Federation of... Read more

Outlook improving for SMEs

New research has revealed that small businesses in the UK and Northern Ireland are slowly beginning to recover from the effects of the economic downturn.The study by the Federation of... Read more

Take advantage of low rates to repay more

Businesses and people in Northern Ireland can continue enjoying the historically low interest rates following the Bank of England's Monetary Policy Committee's decision to leave the official borrowing rate at... Read more

Take advantage of low rates to repay more

Businesses and people in Northern Ireland can continue enjoying the historically low interest rates following the Bank of England's Monetary Policy Committee's decision to leave the official borrowing rate at... Read more

Credit crunch easing grip on businesses, CBI says

Businesses in Northern Ireland and the rest of the UK are beginning to feel less pressure from the downturn, according to the Confederation of British Industry (CBI), which has stated... Read more

Credit crunch easing grip on businesses, CBI says

Businesses in Northern Ireland and the rest of the UK are beginning to feel less pressure from the downturn, according to the Confederation of British Industry (CBI), which has stated... Read more

HSE announces health and safety changes

Businesses and solicitors in Northern Ireland may want to take note of new changes that have been introduced by the Health and Safety Executive (HSE) in a bid to reduce... Read more

HSE announces health and safety changes

Businesses and solicitors in Northern Ireland may want to take note of new changes that have been introduced by the Health and Safety Executive (HSE) in a bid to reduce... Read more

Hope for building industry as affordability increases

There may be a glimmer of hope for Northern Ireland businesses involved in the house building sector as property affordability continues to improve for people across the country.Jobs have been... Read more

Business investment to 'really suffer'

Business investment in Northern Ireland and the rest of the UK is declining and is one of the areas that will "really suffer", according to the Centre for Economics and... Read more

Government urged to review planning law

Construction jobs in Northern Ireland can be protected and firms helped to survive the downturn if the government extends planning permissions that are about to expire, it has been argued.The... Read more

Private rented sector needs more government intervention

Commercial property investors in Northern Ireland with rental properties and individuals operating in the buy-to-let sector need more government measures if the sector is to stay afloat, it has been... Read more

Repossessions and liquidations set to rise in 2009

Demand for the services of solicitors in Belfast and the rest of the UK is likely to rise in coming months as a potential rise in repossessions, liquidations and unemployment... Read more

NI homeowners get 'breathing space' due to SVR reduction

Lenders have reduced their standard variable rates (SVR) thereby giving some "breathing space" to homeowners in Northern Ireland (NI) and the rest of the UK, it has been argued.According to... Read more

Credit crunch 'to worsen' in next three months

Solicitors in Northern Ireland may want to brace themselves for more demand for their services following revelations that the credit crunch is set to worsen over the next three months.The... Read more

NatWest and RBS to provide funds for businesses

NatWest and the Royal Bank of Scotland (RBS) have come to the rescue of small and medium-sized enterprises (SMEs) in Northern Ireland by announcing that they will provide an additional... Read more

Seek advice before indulging in property raffles

First-time buyers in Northern Ireland wishing to take advantage of property raffles to get bargains on properties being sold by desperate sellers are advised to seek the opinion of their... Read more

Government move to benefit house builders

Construction firms in Northern Ireland stand to benefit from the credit guarantee scheme announced by the government this week, especially if the move is backed by more measures to rekindle... Read more

Property auctions 'a great place to buy'

Property investors with a deposit and mortgage in place can get themselves good bargains if they take advantage of property auctions, though it may be advisable to seek the opinions... Read more

Solicitors important when buying property

Enlisting the services of a solicitor is vital for anyone wishing to purchase property in Northern Ireland and even more important when buying in a foreign land, an expert has... Read more

Further rate cuts 'may not benefit the economy'

The government has been called upon to adopt other measures to prevent the property market from sliding into further decline as house prices continue to tumble across the country.According to... Read more

NI businesses show low confidence for economy

Redundancy fears have been raised in Northern Ireland by new data, which shows that the credit crunch is tightening its hold on the province and one in four employers may... Read more

Rent protection insurance recommended for buy-to-lets

Solicitors in Northern Ireland with clients in the buy-to-let sector may want to advise them to "really consider" taking out rent protection insurance, which is vital in the current environment.According... Read more

FSA descends on NI mortgage broker

In news that may be of interest to solicitors in Belfast, the Financial Services Authority (FSA) has frozen the assets of a Northern Ireland-based mortgage broker.This follows the discovery by... Read more

Business confidence continues to 'break survey records'

Businesses in Northern Ireland may be consulting their solicitors about future prospects following revelations that business confidence in the UK hit a new low in October.According to the latest Lloyds... Read more

Manufacturing firms raise red flag

Some manufacturing firms in Northern Ireland have reportedly been forced to get rid of almost a third of their workforce in a bid to survive the ongoing financial instability, reports... Read more

Half a million businesses threatened

The credit crunch continues to wreak havoc across the nation and approximately 470,000 small and medium sized enterprises (SMEs) are now in a position of no longer being able to... Read more

Troubled businesses on the rise as crunch bites

New figures have revealed that the number of troubled British businesses has risen significantly since the beginning of the year, as a result of the financial turmoil.According to data from... Read more

Economists warn of recession in the UK

In news that may be of interest to solicitors in Northern Ireland, many businesses across the nation are in for a rough time as the UK economy is said to... Read more

Charter airline ceases operations

Solicitors in Northern Ireland may be interested to hear that tour operators in the country have made moves to find new flights for people affected by the cessation of trading... Read more

First legal advice phone line introduced in Ireland

Ireland's first legal advice phone service has been launched in Dublin.The new service will be available in Eire and Northern Ireland and will provide legal advice from qualified solicitors. Legal... Read more

Legal concerns over religious symbols at school

Concerns are being raised that religious symbols will increasingly be the subject of high profile court cases in Ireland and the UK. A number instances of legal battles over the... Read more

Good planning 'essential in avoiding commercial disputes'

Drawing up clear contracts is essential to avoid commercial disputes in the technology industry, according to a contract lawyer.Writing in the Yorkshire Post, Andrew Dyson said that both parties in... Read more

Cross-border e-commerce set to improve

The EU's consumer commissioner has proposed new regulation which would make it easier for businesses to operate online across the borders of member states.While around 150 million EU citizens purchase... Read more

UBM moves to 'more favourable Irish tax regime'

Global business media company United Business Media (UBM) has said it plans to move its tax base to Ireland in order to make the most of the more favourable tax... Read more

'Too much red tape for NI family businesses'

Some seven in ten of Northern Ireland's family business owners want the government to reduce red tape and tax burdens on their firms, according to PricewaterhouseCoopers (PwC).The Derry Journal reports... Read more

Hazard industries 'must tackle safety'

Solicitors could be called in if major hazard businesses in Belfast and Northern Ireland do not tighten up safety measures to reduce the risk of accidents.The Health & Safety Executive... Read more

Bridging loans 'aid quick property purchase'

If homebuyers in Belfast and Northern Ireland whose finances are stretched were to take out a bridging loan, it could mean less people being pursued by solicitors for debt.However, bridging... Read more

IHT 'generous' to small businesses

Solicitors in Belfast and Northern Ireland are often asked to write up wills for small business owners indicating that the family firm will be left to another member.As solicitors will... Read more

Media mogul in tax cut plea

Solicitors in Belfast and Northern Ireland will be awaiting the response to a fresh plea to cut corporation tax in the province.As solicitors will know, corporation tax currently stands at... Read more

Fine increased for negligent nightclub

Solicitors for Belfast City Council have ensured that a nightclub which was negligent about Northern Ireland's safety laws has been duly penalised. Originally solicitors managed to convince a Northern Ireland... Read more

Landlords 'put off selling by logistics'

Solicitors in Belfast and Northern Ireland are unlikely to see landlords selling their property despite a slowdown in the housing market, experts have claimed.According to PropertyHawk website, solicitors in Belfast... Read more

Minister admits to contractor slur

Solicitors in Northern Ireland have secured damages for a contractor after SDLP minister Thomas Burns admitted he had libelled the firm.Not only did solicitors win damages for Eastwood, but also... Read more

Jury members 'are not peasants'

A solicitor has spoken out for all of the profession in Belfast and Northern Ireland by voicing concerns that juries are sometimes treated like idiots.In Belfast's Court of Appeal a... Read more

'No panic' over commercial property slump

Accountants and solicitors in Belfast and Northern Ireland may have seen investors in commercial property funds trying to withdraw their money, but experts warn against panic selling.While solicitors in Belfast... Read more

Nipsa probes government settlement

While solicitors in Northern Ireland have resolved a government court case, trade union Nipsa is angry that there has not been more transparency about the settlement. The Department of Finance... Read more

Freedom of the press challenged

Solicitors in Northern Ireland and the rest of the western world will be paying close attention to an appeal case which could have massive implications on the freedom of the... Read more

CLA offers £100k for copyright whistleblowers

Solicitors in Belfast and Northern Ireland may see more clients concerned about licensing and copyright infringements after the Copyright Licensing Agency (CLA) has offered those who inform on people breaching... Read more

£8m estate up for sale

Solicitors in Northern Ireland will have to wait to find out who the buyers of an historic Ulster estate are, as it goes up for sale this week - but... Read more

Sainsbury's in Curley's takeover

Northern Ireland solicitors have helped Sainsbury's take over part of Belfast-based Curley's in a multi-million pound deal between the two supermarkets. The Kennedy family, which founded what is now the... Read more

Stability the hallmark of New Year property

Solicitors in Northern Ireland will be likely to see more first-time buyers as well as commercial property investors securing their dream deal, as experts claim that prices in 2008's market... Read more

NI sees more businesses collapse

Solicitors in Northern Ireland have had to help more companies go into liquidation or collapse last year, according to a new report.A study by Experian found that 25.4 per cent... Read more

Tougher penalties for bad employers

Solicitors in Belfast and Northern Ireland should see fewer claims from employees after a new employment bill has been published to ensure bosses are fairer.Even if businesses do exploit or... Read more

Belfast professionals attract landlords

Solicitors in Belfast and Northern Ireland may be surprised to note a drop off in young professionals buying homes as the state of the housing market forces many to rent.While... Read more

Businesses 'should document everything' to avoid claims

Solicitors in Belfast and Northern Ireland may be able to defend more businesses against professional negligence claims if only firms documented all the advice they give.Northern Ireland solicitors are best... Read more

Commercial mortgage 'not only option'

Small businesses buying a commercial property in Northern Ireland should visit their solicitors for advice on funding, as a commercial mortgage is not the only answer, experts have claimed.Northern Ireland... Read more

Half of firms miss tax deadlines

Solicitors in Northern Ireland will have to ensure that clients adhere to tax deadlines, after a report by the Public Accounts Committee (Pac) revealed that only 60 per cent of... Read more

NI suits Trump to a tee

Solicitors in Northern Ireland could be securing a commercial property deal for tycoon Donald Trump after he suggested he might want to build a golf resort in the province.So far... Read more

PM not backtracking on NI tax

Solicitors in Northern Ireland will have to continue to advise businesses over their tax obligations after the prime minister suggested the government would not change its mind with regard to... Read more

Chancellor urged over capital gains tax plans

Solicitors in Northern Ireland may face having to tell small businesses that they will have to pay more capital gains tax after if Alistair Darling's proposals are made law.MP Lady... Read more

Intellectual property difficult for SMEs

Small and medium sized enterprises (SMEs) in Northern Ireland may have to visit solicitors more often than larger firms for getting into bother over intellectual property.People setting up a small... Read more

South Belfast 'saturated' with HMOs

Solicitors dealing with house purchasers in south Belfast are more likely to be dealing with commercial landlords than people buying to get onto the property ladder after it has been... Read more

Belfast development wins award

Solicitors in Belfast may find the happiest homebuyers in the city in those who have invested in Malone Square.Northern Ireland development and construction firm, the McGinnis Group, has won the... Read more

Subbies owed thousands by haulage firm

Northern Ireland solicitors may see an increasing number of sub-contractors coming to them for legal advice after Reid Transport has gone into administration, owing them tens of thousands of pounds.The... Read more

Event planner deeply in debt

Solicitors could become involved in the affairs of the Northern Ireland Events Company (NIEC) after the company revealed it has debts of around £1 million.Only a week after organising Rally... Read more

Buy-to-let 'not as doomed' as thought

Northern Ireland solicitors who worried that landlords would be put off purchasing property due to some analysts predicting a gloomy future for the buy-to-let market may have their fears allayed... Read more

Commercial disputes led by emotion

Solicitors in Northern Ireland may see clients involved in commercial disputes become as bitter as some of the divorce clients they have seen, after new research reveals that around half... Read more

NI countryside open for property developers?

Solicitors in Northern Ireland have seen many commercial property developers unsure of where they stand as regards building in the countryside due to restrictive legislation; and although the PPS 14... Read more

Armagh tax-dodgers fined millions

There was no way that even the best solicitors in Northern Ireland could have prevented a pair of hoteliers being fined £2.2 million between them after a Belfast court heard... Read more

Capital gains tax blighting business

Solicitors in Northern Ireland are likely to see more entrepreneurs investing in commercial property and fewer people prepared to start up their own small businesses, if the government does not... Read more

Buy-to-let investors 'must be mad'

Solicitors in Northern Ireland could see fewer buy-to-let investors, unless they are very wealthy, as the interest rate precludes landlords making a decent profit, experts warn.According to Firstrung, landlords in... Read more

Property developer tempts buyers with free car

Solicitors in Northern Ireland will have noticed a big drop in the number of people buying property in the province, and it appears that property developers are feeling the squeeze... Read more

Advice 'essential' for commercial property minnows

Advice 'essential' for commercial property minnowsFor small businesses thinking of renting commercial property in Northern Ireland, advice from solicitors is one of the most important things to obtain, the Royal... Read more

Quarry firm fined for disclosure failures

A quarrying company has been found guilty of failing to report the ill-health of an employee as well as breaching health and safety regulations.The law requires employers to report industrial... Read more

More HMOs have to be registered

Solicitors in Northern Ireland may have to help out landlords facing prosecution if they do not to register their properties with the Housing Executive. The Housing Executive (HE) has announced... Read more

NI mortgage lending tails off

The number of new mortgages being taken out in Northern Ireland has dropped quite dramatically the BBC reports, which points to the final cooling of the housing market. According to... Read more

Record-breaking rent good news for landlords

Solicitors in Northern Ireland are likely to see more landlords needing legal advice on commercial property as spiralling house prices in the province have forced more people to rent.Belfast solicitors... Read more

Full steam ahead for Titanic development

The largest property development ever to be built in Northern Ireland has been given the green light today as part of an expansion scheme in Belfast's Titanic Quarter.Three million square... Read more

Lack of education on dispute avoidance revealed

Although 58 per cent of senior managers worry about how a commercial dispute will affect staff morale, law firm Nabarro has found that 30 per cent of firms in Britain... Read more

Solicitors doubles negligence claims

Law firm Eversheds is facing a new claim of professional negligence, after already being sued for £20 million for the same reason by Nationwide Building Society over mortgage fraud.The latest... Read more

Property developers lend buyers a hand

Commercial property developers in Northern Ireland have offered to pay stamp duty and mortgage costs for first-time buyers, as an attempt to get them onto the property ladder.According to the... Read more

Property developers lend buyers a hand

Commercial property developers in Northern Ireland have offered to pay stamp duty and mortgage costs for first-time buyers, as an attempt to get them onto the property ladder.According to the... Read more

Rev Paisley urges business tax cuts

The Reverend Ian Paisley has added his voice to the growing number of people who are urging the government to cut corporation tax in Northern Ireland, according to the Belfast... Read more

Rev Paisley urges business tax cuts

The Reverend Ian Paisley has added his voice to the growing number of people who are urging the government to cut corporation tax in Northern Ireland, according to the Belfast... Read more

Buy-to-let gaining strength

Given the fact that property prices in Northern Ireland have continued to remain high, solicitors are more likely to see commercial property investors than new buyers for conveyancing services.According to... Read more

Buy-to-let gaining strength

Given the fact that property prices in Northern Ireland have continued to remain high, solicitors are more likely to see commercial property investors than new buyers for conveyancing services.According to... Read more

Buy-to-let mortgages safe as houses

Commercial investors in buy-to-let property in Britain and Northern Ireland should not be affected by a drop in tenant numbers, despite the housing market continuing to cool, experts have said.According... Read more

Buy-to-let mortgages safe as houses

Commercial investors in buy-to-let property in Britain and Northern Ireland should not be affected by a drop in tenant numbers, despite the housing market continuing to cool, experts have said.According... Read more

Belfast attracts record investment

Solicitors in Northern Ireland are particularly likely to see investors in commercial property in Belfast for services, as a new survey reveals that only London attracts more foreign investment of... Read more

Law firm hit by lawsuit

City legal practice Charles Russell has been served with court papers by pop record producer Mike Stock, who is suing the firm for professional negligence.The law firm will face a... Read more

Land law could cripple countryside

Following a consultation, a review into the rural planning law PPS 14 concerning building limits in Northern Ireland's countryside will be published shortly. The findings of the review could be... Read more

Civil servants rapped for online abuse

Civil servants in Northern Ireland could face solicitors for libel charges if they do not stop posting offensive comments on Wikipedia, the Belfast Telegraph reports.Warnings have been have been sent... Read more

Rate rises push up repossessions

The number of repossessions in Britain and Northern Ireland has increased by 32 per cent since April, according to a new report.The Royal Institute of Chartered Surveyors (Rics) has revealed... Read more

Belfast rents on the rise

While new buyers in Northern Ireland are being squeezed out of the housing market due to overinflated house prices, commercial landlords have been able to push up rents as youngsters... Read more

Hoff makes off with libel compensation

Baywatch actor David Hasselhoff has been awarded a "substantial", yet undisclosed, amount of compensation after his solicitors successfully sued a magazine for libel.An article in the version of OK! Magazine... Read more

Ad agencies' legal dispute continues

The dispute between An Agency Called England (AACE) and marketing consultants Fuse 8 group is set to see court in November for a five-day hearing if negotiations can not be... Read more

Marine wins compensation for murder mislabelling

A marine has been awarded an undisclosed amount in damages after the Herald Express mistakenly published a picture of him linking him to a murder trial.The photo of Sergeant Gareth... Read more

Directors' fear of litigation increases

Research by Eversheds has shown that most executives fear solicitors, with 70 per cent of directors in Britain and Northern Ireland claiming they are more likely to be prosecuted than... Read more

NI commercial property market controlled locally

Solicitors in Belfast are more likely to see clients who come from Northern Ireland for commercial property transactions, as local people are pushing out foreign investors. Northern Irish chartered surveyors... Read more

Business non-compliance could be taxing

Businesses in Britain and Northern Ireland could lose millions and face tax investigations if they do not comply with new Managed Service Companies (MSCs) legislation, Global Compliance Limited warns.With the... Read more

Victory for firms in tax case

Many hundreds of companies in Britain and Northern Ireland will be able to claim compensation from HM Revenue & Customs after a landmark tax ruling following 12 years of litigation.The... Read more

Middle classes 'admit petty' crimes

While solicitors in Britain and Northern Ireland often have to deal with cases where a tradesman has been negligent or where a business has been found wanting, they may not... Read more

Photographer ruled as unprofessional

Freelance photographer David Hoffman has failed to win his business dispute against MP George Galloway, after he refused to pay for blurry pictures.Mr Galloway failed to pay Mr Hoffman his... Read more

Dissolution to solve selling distress

Proposals to change the law could result in easier transactions for people who want to sell their apartment in a development where the facilities management has a poor track record.Until... Read more

In hot water over bricks and mortar

Howard Kennedy solicitors is facing a professional negligence claim after its property department allegedly misinformed Secured Property Finance (SPF) about commercial property loans.The £1.7 million negligence claim was filed in... Read more

'Dodgy' ladders to be ditched

The Health and Safety Executive (HSE) has announced that it will use a 'ladder exchange' scheme to replace 4,000 'dodgy' ladders from workplaces across Britain and Northern Ireland.This news could... Read more

Arctic case leaves HMRC cold

Solicitors will be keeping a close watch on the case of Arctic Systems v HM Revenue and Customs (HMRC), as thousands of small businesses could be billed for extra tax... Read more

More laws than ever during Blair years

Solicitors in Britain and Northern Ireland will have had their work cut out for them over the past decade as statistics show that Tony Blair has passed a record number... Read more

Solicitors used for smooth Boots acquisition

Solicitors are being used to mediate between private equity group Kohlberg Kravis Roberts (KKR) and pension fund trustees of Boots to ensure that the takeover of Alliance Boots goes through... Read more

iSoft considering legal action after CSC bid block

iSoft bosses have already visited solicitors for advice after US software supplier CSC attempted to block its sale to Australian firm IBA.A £233 million deal was agreed between the NHS... Read more

O'Loan says corporation tax unlikely to be cut

SDLP North Antrim MLA Declan O'Loan says that Sir David Varney and the Treasury are likely to block proposals to cut corporation tax in Northern Ireland, as they seem to... Read more

Music companies win record copyright payout

CD Wow has had to pay £35 million in damages to members of the British Phonographic Industry (BPI), constituting the largest copyright payout in Britain, Northern Ireland and the rest... Read more

NI homebuyers offered fewer mortgages

Despite the thriving housing market in Northern Ireland, where prices are still rocketing and demand is high, people in Northern Ireland have less choice when it comes to mortgages, research... Read more

Banking on a hotel boom

Solicitors could see more people looking to seal deals on buying hotels in the near future, as the Ulster Bank has predicted a major boom in the tourism industry in... Read more

DWP appeals to employers to prioritise the disabled

The Department for Work and Pensions (DWP) minister, Lord McKenzie, has called on employers to take responsibility to help disabled people achieve social inclusion.He appealed for managers to ensure the... Read more

Keira Knightley accepts £3,000 for libel over anorexia

Actress Keira Knightley has accepted a £3,000 settlement from the Daily Mail for libellous claims in the newspaper that said she was hiding an eating disorder.Ms Knightley filed the libel... Read more

Daily Mail libel battle begins

Journalist Rebecca Hardy appears to be in hot water as former TV executive Mike Hollingsworth's High Court libel case kicks off against the Daily Mail after Ms Hardy alleged that... Read more

Claimants would do better to settle with solicitors

Astronomical court costs in recent cases have led law experts to advocate the use of solicitors as a cheaper way to sort out legal disputes.After a judgment in April 2006... Read more

Businesses warned to insure against Corporate Manslaughter Bill

Businesses should be aware that they face big bills and trips to the solicitors if they do not prepare for the introduction of the Corporate Manslaughter Bill.The bill should be... Read more

Fishermen haul tax help

Share fishermen across Britain and Northern Ireland are being offered the chance to join a tailor-made scheme to help them with self-assessment.After a survey from HM Revenue & Customs (HMRC)... Read more

Watford's woes cemented with libel

Watford Football Club has announced that it will sue the Watford Observer for publishing an article, which could have been potentially libellous without giving club directors a right to reply.Steve... Read more

Schools, contractors and councils warned of asbestos risk

The Health and Safety Executive (HSE) has found it necessary to alert local authorities, schools and contractors to the dangers of disturbing asbestos, following a case involving all three groups... Read more

Empty commercial property afforded less tax relief

Businesses that leave commercial properties empty will no longer enjoy the rate of tax relief that they previously did due to new government legislation. Currently disused commercial premises across Northern... Read more

Calls to extend copyright laws

The government has been urged to extend the copyright laws that apply in Britain and Northern Ireland.MPs have suggested that the current laws should be extended so as to ensure... Read more

Landlords not in touch with tenants

Landlords not in touch with tenantsCommercial property investors in Northern Ireland should be more aware of the needs of their tenants, according to new research.A study by Birmingham Midshires has... Read more

Skills shortage 'threatens NI businesses'

It has been suggested that a skills shortage in Northern Ireland is putting serious pressure on the region's businesses.According to Wilfred Mitchell of the Federation of Small Businesses, the lack... Read more

Businesses not as safe as they think

Although 80 per cent of businesses in Britain and Northern Ireland claim to have at least a reasonable business continuity plan in place, document management and imaging company Version One... Read more

DJ war ends in settlement

A legal case between two rival radio stations in Northern Ireland has been negotiated by solicitors at the last minute, rather than face judgement by a jury.The battle began when... Read more

Landlords see rents as 'stable'

A new report has found that landlords in Britain and Northern Ireland are seeing stable rental values.Research carried out by Paragon Mortgages has found that over 50 per cent of... Read more

KFC threatens to sue small pub

A small country pub in the Pennines has received a letter from solicitors on behalf of fast food chain Kentucky Fried Chicken, claiming that the landlord had breached one of... Read more

'Offensive' online comments battle ends

Solicitors specialising in internet laws may be expecting a statement from the Law Commission, after a defendant in a libel case has asked for clearer laws on the internet, following... Read more

Fraudsters increasingly hit in the pocket

The £14 billion that fraud costs Britain and Northern Ireland is increasingly being recouped through hefty fines and seizing assets, with jail sentences taking a back seat in such cases.Speaking... Read more

Ministers bicker over muddled tax issues

While secretary of state, Peter Hain, warned against potentially negative consequences of a corporation tax for Northern Ireland, Sir George Quigley, chairman of the Industrial Task Force, rallied behind his... Read more

New punishments for business tax irregularities

Businesses across Britain and Northern Ireland are being warned to visit their solicitors to ensure their books are in order as new stricter penalties are being brought in for tax... Read more

FSA investigates banks' retaliation against complaining customers

The Financial Services Authority (FSA) has been forced to step in after two financial service providers shut down accounts of customers who complained about potentially illicit lending fees.Involving two of... Read more