Ulster Business Magazine

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Randox posts £39m loss and sales drop in wake of strong Covid-19 pandemic results
01/07/2024

Randox posts £39m loss and sales drop in wake of strong Covid-19 pandemic results

Medical testing giant Randox has flipped from strong profits to a £39m loss – with turnover dropping to less than a third in the last year – in the wake of the Covid-19 pandemic.

New Ivy restaurant in Belfast ‘creating 70 jobs’ with £8m investment
25/06/2024

New Ivy restaurant in Belfast ‘creating 70 jobs’ with £8m investment

Some 70 new jobs will be created at the new Ivy restaurant in Belfast as part of an overall £8m investment, it can be revealed.

NEW: US coffee chain opening cafe at south Belfast shopping centre
18/06/2024

NEW: US coffee chain opening cafe at south Belfast shopping centre

US coffee chain Starbucks looks set to open its latest location at a south Belfast shopping centre.

Revealed: Fifty renewable schemes needed to avert green energy ‘crisis point’
18/06/2024

Revealed: Fifty renewable schemes needed to avert green energy ‘crisis point’

Around 50 new renewable energy schemes must be ready to break ground by 2026, otherwise Northern Ireland will not hit its key green power targets as it faces a “crisis point”, Business Telegraph can reveal.

UK menswear brand opening first Northern Ireland store
11/06/2024

UK menswear brand opening first Northern Ireland store

A UK menswear brand is opening its first Northern Ireland store this summer, it can be revealed.

NEW: Vietnamese noodle chain opening new restaurant in south Belfast
05/06/2024

NEW: Vietnamese noodle chain opening new restaurant in south Belfast

A Vietnamese noodle chain looks set to open a new restaurant in south Belfast.

Listed former Co Armagh church to become new restaurant and cafe
31/05/2024

Listed former Co Armagh church to become new restaurant and cafe

A former Co Armagh church could be turned into a sandwich bar and restaurant amid fresh plans, it can be revealed.

NEW: Diageo expanding Belfast canning site ‘to meet global demand’ for Guinness range
29/05/2024

NEW: Diageo expanding Belfast canning site ‘to meet global demand’ for Guinness range

Drinks giant Diageo is expanding its Guinness canning site in Belfast to meet accelerated growth of its products, it can be revealed.

Plans for two new coffee shops, including a new brand for south Belfast, are now under way
24/05/2024

Plans for two new coffee shops, including a new brand for south Belfast, are now under way

Top end coffee business Kaffe O looks set to expand with a new Belfast city centre kiosk, it can be revealed.

NEW: Spicy chicken chain to open new restaurant at south Belfast shopping centre
21/05/2024

NEW: Spicy chicken chain to open new restaurant at south Belfast shopping centre

Peri peri chicken giant Nando’s looks set to open its latest restaurant here at Forestside Shopping Centre in south Belfast, it can be revealed.

Electricity operator outlines future energy plans for NI as power demand ‘due to double by 2050’
17/05/2024

Electricity operator outlines future energy plans for NI as power demand ‘due to double by 2050’

Northern Ireland’s electricity system operator has set out four scenarios to prepare for the journey to net zero and green energy as power needs a predicted to double here over the next two decades.

Listed Belfast city centre cultural space ‘could welcome new retailers and community initiatives’
16/05/2024

Listed Belfast city centre cultural space ‘could welcome new retailers and community initiatives’

A listed civic building in the heart of Belfast could welcome new retailers, community-based initiatives and other social uses amid fresh plans.

NEW: Northern Ireland housing rentals ‘at highly elevated levels’ with demand outstripping supply
13/05/2024

NEW: Northern Ireland housing rentals ‘at highly elevated levels’ with demand outstripping supply

Housing rentals in Northern Ireland are at “highly elevated” levels with prices continuing to surge and demand outstripping supply, it’s been claimed.

Ulster University’s new £364m campus wins top architecture award
10/05/2024

Ulster University’s new £364m campus wins top architecture award

Ulster University’s new £364m Belfast campus has been named Northern Ireland’s top building of the year.

Co Down firm to deliver £60m Lord’s Cricket Ground revamp
09/05/2024

Co Down firm to deliver £60m Lord’s Cricket Ground revamp

A Co Down construction firm has been selected to transform the historic Lord’s Cricket Ground in London in a major £60m project.

Four Northern Ireland firms honoured with King’s Awards
07/05/2024

Four Northern Ireland firms honoured with King’s Awards

Four Northern Ireland firms have walked away with gongs in this year’s The King’s Awards for Enterprise.

Visitors to NI from Republic ‘up by almost 50%’
07/05/2024

Visitors to NI from Republic ‘up by almost 50%’

Northern Ireland has seen visitor numbers from the Republic rising by almost half in the space of a year, new figures show.

Danske Bank sees quarterly profits rising to £51.3m
03/05/2024

Danske Bank sees quarterly profits rising to £51.3m

Danske Bank has posted rising pre-tax profits of £51.3m during the first three months of the year.

NEW: Northern Ireland still lagging behind in public EV charge network
01/05/2024

NEW: Northern Ireland still lagging behind in public EV charge network

Northern Ireland still lags well behind the rest of the UK with the fewest number of public electric car charge points, fresh figures show.

Deloitte: helping companies here to design and deliver the ‘Future of Food’
30/04/2024

Deloitte: helping companies here to design and deliver the ‘Future of Food’

It is widely accepted that growing populations around the world, combined with the planet’s limited resources, will require us all to rethink the processes for global food production and distribution.

Northern Ireland industry giant W&R Barnett sees sales rise to £1.8bn
29/04/2024

Northern Ireland industry giant W&R Barnett sees sales rise to £1.8bn

One of Northern Ireland’s largest firms has seen sales rise to more than £1.8bn.

We are Grand Central: the women engineering Belfast’s new station
17/04/2024

We are Grand Central: the women engineering Belfast’s new station

Belfast Grand Central Station, on track for operational opening this autumn, will be the largest integrated transport hub in Ireland.

Two major Belfast apartment schemes look set for green light
15/04/2024

Two major Belfast apartment schemes look set for green light

Two major apartment developments look set to get the green light for Belfast.

Former Belfast bank branch to be transformed into gym
12/04/2024

Former Belfast bank branch to be transformed into gym

A former Belfast bank branch looks set to be transformed into a gym.

Fried chicken brand Popeyes to open first Northern Ireland restaurants
11/04/2024

Fried chicken brand Popeyes to open first Northern Ireland restaurants

Fried chicken brand Popeyes looks set to open its first restaurants in Northern Ireland, it’s been claimed.

NEW: Linen Green shopping village sold for £4m
11/04/2024

NEW: Linen Green shopping village sold for £4m

The Linen Green shopping village in Co Tyrone has been sold for £4m, it has emerged.

Belfast PR firm MCE acquired by Cavendish
09/04/2024

Belfast PR firm MCE acquired by Cavendish

Belfast PR firm MCE has been acquired by communications business Cavendish.

Growth capital investor BGF is aiming to reach more than £100m of funding in Northern Ireland in the next year and to co...
08/04/2024

Growth capital investor BGF is aiming to reach more than £100m of funding in Northern Ireland in the next year and to continue its strong track record of successful exits

BGF is continuing to expand, grow and develop key relationships with some of Northern Ireland’s leading SMEs and burgeoning businesses.

Belfast red phone box ‘being transformed into new public gallery space’
03/04/2024

Belfast red phone box ‘being transformed into new public gallery space’

A Belfast phone box could be transformed into a new public gallery space amid fresh plans.

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For more than 30 years Ulster Business has been serving the needs of the business community in Northern Ireland. Twice recognised by the Institute of Public Relations as the best business publication in Northern Ireland, it combines high design and production standards with comprehensive, insightful and exclusive coverage of Northern Ireland business issues.