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UK Government should become involved in Scottish investment bank, says Brown

The UK Government should become a partner in the Scottish National Investment Bank, former prime minister Gordon Brown has said. The bank was set up by the Scottish Government to invest in companies that improve Scotland, create innovation or ...

16 Mar 2022 at 19:25

Derry News

Millions of pounds investment to modernise two Derry schools

Derry schools, St. Brigid's College and Lumen Christi College, are set to receive investment as part of a multi-million pound capital investment from the NI Government to modernise the schools. Education Minister, Michelle McIlveen, today ...

21 Mar 2022 at 16:33

Life

Worried about volatile markets? Investors should watch out for these pitfalls

Global uncertainty is already a defining feature of 2022, and this is reflected in households’ confidence in their finances. Just one in 10 (10%) people believe the economy will improve over the next 12 months, while nearly ...

01 Apr 2022 at 10:25

National News

Gardai warn public to be wary of cryptocurrencies after 70% increase in investment fraud

An Garda Síochána is advising the public to be extra vigilant of possible fraud when investigating in cryptocurrencies. At present, most investment fraud involves cryptocurrency with fake investment managers, cloned ...

30 Mar 2022 at 13:33

Invest NI chief insists there is no crisis at business support body

There is no crisis at Invest NI, the interim chief executive of the body has insisted. Stormont’s business development agency has suspended fresh offers of financial support to investors amid Budget uncertainty. It ...

02 Mar 2022 at 13:55

Scotland

Sturgeon rejects accusation of ‘suspicious timing’ over bank boss resignation

First Minister Nicola Sturgeon has rejected a claim that the head of the Scottish National Investment Bank (SNIB) resigned in relation to a new economic strategy. Chief executive Eilidh Mactaggart announced she ...

03 Mar 2022 at 14:55

City

Aviva reveals plans to sell off Russian equity investments

Insurance giant Aviva has become the latest fund manager to slash its exposure to Russia as it revealed plans to sell off its Russian equity investments in response to the crisis in Ukraine. The group’s chief ...

02 Mar 2022 at 10:55

Northern Ireland

Northern Ireland ‘undersold’ in first round of City Deal funding

Northern Ireland was “undersold” in the first round of funding associated with the UK Government’s City Deals initiative, an MP has claimed. A £1 billion Belfast Region City Deal was signed in 2021, covering ...

23 Feb 2022 at 14:55

Motoring News

Volkswagen invests €2bn in Wolfsburg EV production site

Volkswagen has given the go-ahead to a new €2bn (£1.65bn) factory in Wolfsburg where it will build its Trinity flagship EV. Given the green light by Volkswagen Group’s board of management, the new factory ...

07 Mar 2022 at 17:55

Cllr Farell slams Invest NI as working for Belfast and failing Derry

Derry News

Cllr Farell slams Invest NI as working for Belfast and failing for Derry

SDLP Councillor, Rory Farell, launched a blistering attack on Invest NI saying the development agency “works for Belfast and fails miserably for Derry”. The outburst came during a debate on a motion put ...

28 Jan 2022 at 19:33

News

Independent review of Invest NI announced

An independent review of the work of Stormont’s business support agency Invest NI has been ordered. Economy Minister Gordon Lyons said the move was required to ensure the operations of Invest NI align ...

26 Jan 2022 at 01:25

The 55 education ‘cold spots’ earmarked for levelling up

The Government has announced 55 education “cold spots” in England that have been identified as part of the levelling-up agenda. Areas where education outcomes are weakest, including Rochdale, the ...

01 Feb 2022 at 10:25

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