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  • Business Opinion - Business Comment and Analysis - BelfastTelegraph.co.uk
    Northern Ireland ranks 42nd More significantly the UK ranks 8th and the Republic of Ireland is 27th Social reforms need business input The Northern Ireland Executive has now published in an extended form its recommendations for the awaited policies aimed at building a more cohesive united Northern Ireland community Seeds of recovery faint but visible in Northern Ireland economy For the past three months the early signs of an upturn in the economy have been emerging Invest NI aims higher after hitting targets in job creation Mark Ennis chairman of Invest NI reported that in 2012 13 Invest NI produced a very strong performance with tangible benefits for business and the economy He quotes results which are more upbeat than might have been expected Property firm bucks downturn FOYLESIDE Ltd is a large privately owned property company owned by Northern Ireland shareholders with a wide property portfolio across the UK with some held in subsidiary companies registered in Gibraltar End of Euro quotas will be a big boost to milk producers Northern Ireland farmers produce a large supply of milk Last year 1 95bn litres came from the farms and passed down the marketing chain Our top companies make firm progress Ten years ago the analysis of the Top 100 locally based commercial trading businesses showed that the chosen 100 were employing just over 121 000 people Company Snapshot Manderley Food Group Ltd Manderley Food Group is now an English registered company with headquarters in Corby The main shareholders are the Hutchinson family in Tandragee Complex question of our quangos and accountability The governance and operational flexibility of the Housing Executive is now too tightly constrained because organisationally it is deemed to be part of and controlled by government and subject to government financial rules which are an obstacle to improved arrangements Company snapshot Liberty Information Technology Ltd Liberty Information Technology is a subsidiary of the Boston USA based financial services group Liberty Mutual Insurance Company and describes its activities as software development and associated services for the wider group It has been in business in Northern Ireland since 1996 Watchdog report sparks row over electricity costs The Electricity Regulator Shane Lynch has opened the door to a critical examination of the way in which the mixed electricity systems partly regulated for households and small volume users and partly open to competition by rival suppliers are working Large industrial Company Snapshot Old Bushmills Distillery Co Ltd Old Bushmills Distillery is engaged in distilling maturation blending marketing and selling of Irish whiskey The company based in Bushmills village is a wholly owned subsidiary of the Diageo Group more Previous 1 2 3 4 5 6 7 8 9 10 Next Most Read Most Shared Most Commented Why Minister must consider a Translink price increase John Simpson Why risks posed by Brexit don t add up for province John Simpson Northern Ireland economy is vulnerable in long term John Simpson Why council chief needs bold plans for Belfast s future John Simpson

    Original URL path: http://www.belfasttelegraph.co.uk/business/opinion/john-simpson/?page=7 (2016-02-15)
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  • Business Opinion - Business Comment and Analysis - BelfastTelegraph.co.uk
    centre developments Company snapshot Keystone Lintels Ltd Keystone Lintels is a company registered in Cookstown and with significant shareholders also from McAleer and Rushe might be regarded as a related business to the larger McAleer and Rushe Group Farry deserves credit for putting apprenticeship needs on agenda Employment and Learning Minister Stephen Farry must be congratulated on his decision to ask for a major policy review on how Northern Ireland should organise a coherent programme of apprenticeship training Company snapshot Ulster Independent Clinic Ltd The Ulster Independent Clinic is registered as a non profit distributing charitable company limited by guarantee Plan for future of farming high on ambition but weak in detail Just before the new year the farming community received cheques in their banks for 184m This was the current value of Single Farm Payments SFP which were due to Northern Ireland farmers through the rules of the EU Common Agriculture Policy CAP Company Snapshot Avondale Foods Avondale Foods Craigavon is a local company controlled by the Geddis family With the exception of the latest trading year in recent years it has successfully expanded turnover in nearly every year in the last decade Company Snapshot Airtricity Energy Supply NI Airtricity Energy Supply NI is a wholly owned subsidiary of SSE Scottish and Southern Energy Ltd We re still in the recession s grip but the recovery signs are there The number of jobs in the private sector in Northern Ireland began to increase slowly in the second half of 2012 Company Snapshot Woodside Haulage Holdings Woodside Haulage Holdings is the group parent company consolidating 10 Woodside subsidiaries Integration is key if we are to unite such a divided city For a returning visitor Belfast is a much more attractive place than it was 30 years ago Company Snapshot Balcas Ltd Balcas is the Fermanagh based parent company holding the shares of a group of subsidiaries involved in the manufacture and sale of timber products locally in Ireland and in eastern Europe New look Invest NI making all the right connections Chief executive Alastair Hamilton has successfully re organised Invest NI so that it now relates more successfully to the business community with an improved range of services more Previous 1 2 3 4 5 6 7 8 9 10 Next Most Read Most Shared Most Commented Why Minister must consider a Translink price increase John Simpson Why risks posed by Brexit don t add up for province John Simpson Northern Ireland economy is vulnerable in long term John Simpson Why council chief needs bold plans for Belfast s future John Simpson Company Report Ulster Orchestra John Simpson Pregnant woman booted off Belfast bus in blizzard because she didn t have change Northern Ireland Woman s body found on the M2 in Belfast near Bellevue Bridge Northern Ireland Cannabis oil transformed life of terminally ill brain tumour man Kieran McCrory Northern Ireland More than 500 000 watch Drumquin Northern Ireland men s sofa struggles Northern Ireland The Troubles gallery 40

    Original URL path: http://www.belfasttelegraph.co.uk/business/opinion/john-simpson/?page=8 (2016-02-15)
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  • Business Opinion - Business Comment and Analysis - BelfastTelegraph.co.uk
    as well as a smaller number of outlets in England Milk processors facing challenge Northern Ireland milk and milk products generated a turnover of over 900m last year second only to the business generated by beef and sheep meat of nearly 950m Company Snapshot Fisher Engineering Ltd Enniskillen based Fisher Engineering was taken over by Severfield Rowan plc in October 2007 Stepping into the unknown Ministers and senior civil servants in Belfast and London now know the critical details of the difficult decisions as part of a package developed in HM Treasury that would allow corporation tax to be devolved NIE faces critical decision on price The process of determining the approved costs and revenue for Northern Ireland Electricity NIE for the next five years has been a complex and detailed exercise Company snapshot Chain Reaction Cycles Ltd Chain Reaction Cycles is still a relatively new business that has successfully continued to expand Based in Ballyclare it has established a large business with a significant turnover based on e business using internet transactions Looking to future is essential for all Nearly 200 of Northern Ireland s key businesses joined last week in an all day session organised by Business in the Community to consider The Future For Good Business Company Snapshot Belfast International Airport Holdings Ltd Belfast International Airport Holdings is the owner of Belfast International Airport and its report consolidates the performance of the group Company Shapshot Randox Laboratories Ltd In the last decade Randox Laboratories has grown and gained an international market for an increasing range of diagnostic kits which are increasingly important in laboratory applications to aid medical assessment and treatment Quiet diplomacy the way forward for welfare reform Nelson McCausland Minister for Social Development estimates that the immediate impact of universal credit is that an extra 110m will be spent in Northern Ireland Company Snapshot Ulster Carpet Mills Ulster Carpet Mills has reported a significant recovery in business performance in the year to March 2012 The company is Northern Ireland s largest manufacturer of Axminster and Wilton carpets with its main factory in Portadown more Previous 1 2 3 4 5 6 7 8 9 10 Next Most Read Most Shared Most Commented Why Minister must consider a Translink price increase John Simpson Why risks posed by Brexit don t add up for province John Simpson Political instability is causing damage to our economy John Simpson Why Northern Ireland s big food debate must start with small farmer John Simpson Company Report Ulster Orchestra John Simpson Pregnant woman booted off Belfast bus in blizzard because she didn t have change Northern Ireland Woman s body found on the M2 in Belfast near Bellevue Bridge Northern Ireland Cannabis oil transformed life of terminally ill brain tumour man Kieran McCrory Northern Ireland The Troubles gallery 40 years of conflict in Northern Ireland from the Belfast Telegraph Events A musical send off at funeral of country star Gene Stuart Northern Ireland James McClean involved in a touchline spat with

    Original URL path: http://www.belfasttelegraph.co.uk/business/opinion/john-simpson/?page=9 (2016-02-15)
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  • Business Opinion - Business Comment and Analysis - BelfastTelegraph.co.uk
    was one of the largest vehicle retailing companies in Northern Ireland How competitive is our economy It s a slightly taxing matter Business competitiveness matters for each business and in total for the whole economy Introducing devolved lower corporation tax is essentially an argument that Northern Ireland needs to be made more competitive Company Snapshot Northern Ireland Water Northern Ireland Water NIW is the Government owned trading company with responsibility for the provision of water and sewerage services throughout Northern Ireland NIW has liquid assets but route to profit proves difficult to chart Northern Ireland Water NIW is trading profitably The organisation is meeting the financial targets and most of the performance targets set by the Utility Regulator and the Department for Regional Development DRD Company Snapshot Belleek Pottery Ltd Fermanagh based Belleek Pottery operates in an unusual company structure Why UK deficit plan has real value when it comes to exchange rates The exchange rates for sterling with the US dollar and the euro are two of the most critical influences on business in Northern Ireland and also on the cost of living Company Snapshot Lissan Coal Co Ltd Lissan Coal is a large and diverse family controlled business headquartered in Cookstown Why the real hard work only starts now for our students For 20 000 young adults this week marks a critical stage in their preparation for adult life Their decisions taken individually will have a critical collective impact on the social cultural and economic future of this community Tax rate deal is finely poised Ministers now have a difficult decision to make The deal to allow Northern Ireland to offer business new and old a corporation tax rate of 12 5 is finely poised Should the Treasury deal be accepted Company Snapshot Mount Charles Group Ltd Mount Charles Group is currently one of Northern Ireland s largest registered businesses specialising in the provision of catering facilities Company Snapshot PBN Holdings Ltd Pbn Holdings combines the consolidated results for a group of companies in a diverse range of businesses more Previous 1 2 3 4 5 6 7 8 9 10 Next Most Read Most Shared Most Commented Why Minister must consider a Translink price increase John Simpson Why risks posed by Brexit don t add up for province John Simpson Northern Ireland economy is vulnerable in long term John Simpson Why council chief needs bold plans for Belfast s future John Simpson Company Report Ulster Orchestra John Simpson Pregnant woman booted off Belfast bus in blizzard because she didn t have change Northern Ireland Woman s body found on the M2 in Belfast near Bellevue Bridge Northern Ireland Cannabis oil transformed life of terminally ill brain tumour man Kieran McCrory Northern Ireland More than 500 000 watch Drumquin Northern Ireland men s sofa struggles Northern Ireland The Troubles gallery 40 years of conflict in Northern Ireland from the Belfast Telegraph Events Translink s apology to pregnant Belfast teen booted off bus in blizzard Sinn Fein Northern chair

    Original URL path: http://www.belfasttelegraph.co.uk/business/opinion/john-simpson/?page=10 (2016-02-15)
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  • Political instability is causing damage to our economy - BelfastTelegraph.co.uk
    period rose by nearly 13 In Northern Ireland the comparable change was an increase of just 5 Simply in terms of keeping up with the UK Northern Ireland now in 2015 has 38 000 fewer people in private sector jobs than would have been a comparable outcome Perhaps the most critical consequence of the way in which the regional economy has performed alongside the poorer employment figures is the widening of the gap in terms of overall measures of economic performance GDP or the local composite index of economic activity In the last 10 years economic activity in NI has decreased by 5 compared to late 2005 After a fall in output from 2005 to 2010 in the last four years local activity has been nearly static In Northern Ireland we have not made any appreciable recovery to make up the output and incomes lost because of the recession In the UK output and incomes are now higher than the pre recession peak In simple terms the Northern Ireland performance suggests that output has decreased while employment has edged upwards This equation points to over four years of negative productivity changes Jobs have been retained especially in the services sectors well ahead of any productivity gains Why is this happening A worrying possibility is that underlying political instability is proving more damaging than can be measured and this is not sufficiently acknowledged From the web Sponsored Videos Your Comments COMMENT RULES Comments that are judged to be defamatory abusive or in bad taste are not acceptable and contributors who consistently fall below certain criteria will be permanently blacklisted The moderator will not enter into debate with individual contributors and the moderator s decision is final It is Belfast Telegraph policy to close comments on court cases tribunals and active legal investigations We may also close comments on articles which are being targeted for abuse Problems with commenting customercare belfasttelegraph co uk Powered by Livefyre Please enable JavaScript to view the comments powered by Livefyre Read More Why risks posed by Brexit don t add up for province By John Simpson The Prime Minister is right when he emphasises that a Brexit would be an irreversible single decision no amendment no second chance no going back First Minister Arlene Foster emphasises the UK decision Company Report Ulster Orchestra By John Simpson The annual report from the chairman of the Ulster Orchestra Society outlines the serious financial pressures faced by the orchestra but ends with a degree of reassurance Sir George Bain is more than a little optimistic That optimism is however tempered by evidence of the reduction in funding from two sources of financial assistance the Arts Council and the BBC Why Minister must consider a Translink price increase By John Simpson Translink is the parent company of Ulsterbus Metrobus and NI Railways These subsidiaries are normal trading companies whose performance can be gauged in terms of the overall acceptability of How strained health care system can be improved By John

    Original URL path: http://www.belfasttelegraph.co.uk/business/opinion/john-simpson/political-instability-is-causing-damage-to-our-economy-31441187.html (2016-02-15)
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  • Why council chief needs bold plans for Belfast's future - BelfastTelegraph.co.uk
    challenging agenda to start with Does the city council necessarily endorse the traffic and transport planning decisions of Department for Regional Development DRD as they affect congestion the ease of movement and car parking The momentum of change in Belfast s development is already increasing In the professional leadership of the city Ms Wylie has two new highly qualified lieutenants Phil Williams has been appointed director of planning Then on secondment from Invest NI Donal Durkan is taking up the job of director of development where his talent in securing and motivating additional business investments will be deployed Harnessing extra expertise will be a challenge to the team of senior people A city centre delivery group has been formed with support from central Government departments but under the guidance of the City Council Sounds like an overdue focus At this stage the planning agenda might be described as purely aspirational However under the guidance and leadership of the chief executive there are signs of cohesion and motivation along with a willingness to match ideas with resources including an increased programme of capital works to generate increased momentum Belfast city has a huge backlog to tackle in terms of regenerating a modern urban environment The new leadership has the tools to do the job the test lies in the delivery and results From the web Sponsored Videos Your Comments COMMENT RULES Comments that are judged to be defamatory abusive or in bad taste are not acceptable and contributors who consistently fall below certain criteria will be permanently blacklisted The moderator will not enter into debate with individual contributors and the moderator s decision is final It is Belfast Telegraph policy to close comments on court cases tribunals and active legal investigations We may also close comments on articles which are being targeted for abuse Problems with commenting customercare belfasttelegraph co uk Powered by Livefyre Please enable JavaScript to view the comments powered by Livefyre Read More Why risks posed by Brexit don t add up for province By John Simpson The Prime Minister is right when he emphasises that a Brexit would be an irreversible single decision no amendment no second chance no going back First Minister Arlene Foster emphasises the UK decision Company Report Ulster Orchestra By John Simpson The annual report from the chairman of the Ulster Orchestra Society outlines the serious financial pressures faced by the orchestra but ends with a degree of reassurance Sir George Bain is more than a little optimistic That optimism is however tempered by evidence of the reduction in funding from two sources of financial assistance the Arts Council and the BBC Why Minister must consider a Translink price increase By John Simpson Translink is the parent company of Ulsterbus Metrobus and NI Railways These subsidiaries are normal trading companies whose performance can be gauged in terms of the overall acceptability of How strained health care system can be improved By John Simpson Health and social services in Northern Ireland have a unique

    Original URL path: http://www.belfasttelegraph.co.uk/business/opinion/john-simpson/why-council-chief-needs-bold-plans-for-belfasts-future-31457832.html (2016-02-15)
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  • 'I've had knocks to my confidence but I've always felt that you have to engage to make a difference' - BelfastTelegraph.co.uk
    many different factors exchange rates disagreements between Russia and Ukraine oil prices And he s realistic about the potential impact of the Year of Food and Drink 2016 I think it s good because it promotes artisan and indigenous production and it can support that diversification on farms to provide a second or third income But it s unlikely to be a major boost to exports because what we need to do is increase the image of the quality and integrity of what we produce So the Year of Food will be good to promote it in UK markets but won t lead to major growth in exports It s about how we build the brand of Northern Ireland food as natural healthy in harmony with everything He wants a food marketing board to focus on promoting that brand similar to the Republic s Bord Bia On why he campaigns he says My view is that there s no point in complaining about energy prices or policy you must have engagement on how it can be done better Because of that philosophy I find other people pushing me forward and encouraging me to take on similar roles How can you stand by and see that something is wrong without trying to engage to fix it and make it better I can t accept standing by and doing nothing when something is wrong He thinks Northern Ireland harbours huge potential but needs as dynamic an Executive as possible A devolved Executive was something I was always in favour of because I thought that they d always have to work together I thought at the outset that the Executive had the advantage that there was no one outside the tent throwing rocks but unfortunately that hasn t happened in the way I thought it But he champions the progress it has made and compliments First Minister Arlene Foster She is very competent and she gets it and that s because she s coming from the Department of Enterprise Trade and Investment DETI and the Department of Finance and Personnel DFP But the Executive is needed to drive through change He s always rushed to embrace challenges in his career and enjoyed his work in Dungannon Meats and observed the fall out of the so called mad cow disease crisis when external sales plummeted But he was itching to learn more so moved to new foreign direct investor Emerson Group as financial manager at its Cookstown plant Copeland which made compressors The American owners of the firm wanted him to know the business inside out And he absorbed what he feels is the most important lesson in business not to ignore things that are going wrong simply because they re not in your official job description And while he s a champion of a cut in corporation tax he s worried that we are not investing enough in skills And he attributes his own success to opportunities luck and hard work There were always people who for one reason or another helped me and developed me I ll always be grateful and I do feel an obligation to do the same thing But things were much more regimented then and choices are much more open now As a father of three children Declan jnr 18 who loves drama and acting and is finishing his A levels John 16 who s into computers and 12 year old Ellen who he describes as hard working his ambitions for his kids are straightforward My desire for them is to encourage them to do what they love he says This time it s personal Q What s the best piece of business or life advice you ve ever been given A Don t walk by problems just because they are not in your remit or wait to be given the authority to improve Assume the authority and challenge your colleagues to do the same Q What advice would you pass on to someone starting out in business A How you plan your future and where you end up are likely to be very different At each step of the career progression be patient and serve your apprenticeship Listen and learn from those with more knowledge and experience This builds solid foundations and in later years for the more senior roles where you will already know the detail and therefore what is and is not important to pay attention to Q If you weren t doing this what would be your other career A I have not given it any thought In whatever I do however if capable of doing more than just the basic job I will always seek through to have a positive impact on those that work for me on my customers and in my community Q What was your best business decision A To work with Invest NI to develop a research and development capability within the production facility of an American inward investment project This was an unusual occurrence with the global manufacturing philosophy of the multi national but helped us secure the rights to manufacture a new range of products for a developing market in Europe The work we did helped improve product quality and new product development and implementation Indirectly we built a formidable skill set as a result of the in depth knowledge we gained the products we built outperformed the same products built in different factories produced elsewhere in the world Q What are your hobbies interests A My work and family leave very little time for any real hobbies Jogging and cycling over the summer in Donegal tends to be my main pursuits and if I find a good book time to read it Q What is your favourite sport and team A Unusually I have no particular sport or team I follow However I do love to watch major football and rugby events Q What was your last holiday and where are you going next A I

    Original URL path: http://www.belfasttelegraph.co.uk/business/big-interview/ive-had-knocks-to-my-confidence-but-ive-always-felt-that-you-have-to-engage-to-make-a-difference-34435055.html (2016-02-15)
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  • We’re flying high, insists airport boss, but it’s now or never for cutting air passenger tax in Northern Ireland - BelfastTelegraph.co.uk
    he isn t worried about either BA or Aer Lingus pulling their London Heathrow services the airlines are competing against each other and owned by the same firm Willie Walsh stated that the Aer Lingus brand would be maintained he said He s also had to deal with a number of blows to the confidence of the tourism industry such as the attacks on New York on September 11 2001 the SARS outbreak of 2002 and the terror attacks in Paris I think if there is no recurrence of a Paris like incident in the near future history would tell you that we rebound very quickly he said Earlier this year one of the biggest global technology events ever held here Web Summit spin off Moneyconf revealed it would not return to Belfast next year due to Northern Ireland s poor air links That s something Brian Ambrose has poured cold water on He said despite Belfast s burgeoning tourism sector the city is still considerably smaller than Dublin If you look at Dublin s network and think we can put a daily flight on if Dublin has a daily flight you don t understand the market Speaking about the newly appointed First Minister Arlene Foster who was also formerly Enterprise Minister he said he had confidence in her ability in the top job Arlene brings a wealth of experience and understands the importance of connectivity he said And on the long running concern in the industry over air passenger duty APD a tax on flights which has already been scrapped in the Republic Mr Ambrose said a report claiming that ending the duty would leave a massive tax shortfall was based on assumptions It made assumptions we don t need to make assumptions We can bypass that talk to the airlines and get hard facts When you do that a reduction or scrapping would be of a net benefit to the region We need to stop talking about it and get on and do something about it Belfast City Airport now connects the city to a range of European routes but also focuses on linking Belfast to London through two direct Heathrow flights and its London City Airport link Looking to the future Brian says he s confident the airport can continue to grow its European network but doesn t believe it has the long haul route scale that Dublin boasts When not sitting at his desk which looks over the rather less interesting view of the Sydenham Bypass rather than a busy runway he s very much a family man alongside a love of sport and going through a difficult spell with his beloved Manchester United He s also chairman of Tourism Ireland and father to four children Ruth Claire Stephen and Emma all in their 20s We ve had four weddings in two years and 10 months he said Looking into 2016 Mr Ambrose forecasts further growth And in the next 10 years he s confident the airport could see four million passengers passing through the east Belfast hub each year Next week the Big Interview speaks to Des Moore head of First Trust Bank Q What s the best piece of business or life advice you ve ever been given A I have tended to learn more from the example of others rather than words It has been my privilege to have worked with a number of inspirational leaders and learn from my parents example Q What piece of advice would you pass on to someone starting out in business A Find a job doing something you enjoy and you are well on your way to a successful career Q What was your best business decision A Investing in key personnel has allowed me to surround myself by high performers and I occasionally give them some credit for what we have achieved Q If you weren t doing this job what would be your other career A I have now been working in the aviation sector for 40 years little of which was planned and therefore have given no thought to an alternative I have however enjoyed supporting the tourism sector over the past eight years so have been privileged to spend my time in two vibrant sectors aviation and tourism Q What are your hobbies interests A Family church activities and travel ensures I am never bored or idle Q What is your favourite sport and team A Manchester United However at the moment it is a bit painful to watch Q And have you ever played any sports A Football average tennis poor school rugby played alongside Phillip Matthews for three weeks until I was demoted to the cross country team Q What was your last holiday Where are you going next A Hilary and I tend to plan our holidays in early spring and late autumn and then enjoy the summer months at home on the shores of Strangford Lough As chairman of Tourism Ireland I have enjoyed rediscovering the many wonderful places to visit from the Ring of Kerry to the stunning Antrim Coast Q If you enjoy reading can you recommend a book A I have almost finish two books I received at Christmas Yeonmi Park a young lady who recently escaped from North Korea and Chuck Swindoll s book on Abraham somewhat older story Q How would you describe your early life A I have been blessed with a close family and even though I lived through the Troubles we were largely unaffected in any direct sense and so enjoyed a very normal and happy early life in the Ards Peninsula Q Have you any economic predictions A I leave economic predictions to the plethora of economists who assure us that the economy should experience modest growth but that could be plus or minus Q How would you assess your time at Belfast City Airport A I have experienced the changes from a portacabin and converted hanger to a modern

    Original URL path: http://www.belfasttelegraph.co.uk/business/big-interview/were-flying-high-insists-airport-boss-but-its-now-or-never-for-cutting-air-passenger-tax-in-northern-ireland-34354344.html (2016-02-15)
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web-archive-uk.com, 2017-12-17