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Budget 2009: borrowing to rise
23rd April 2009
Chancellor Alistair Darling yesterday presented a budget whose implications are set to have far-reaching implications in Northern Ireland and the rest of the UK.Delivered amid signs of a global recession,... Read more
Bank of England freezes interest rates
9th April 2009
Bank of England freezes interest rates As widely expected by experts, the Bank of England has frozen interest rates at 0.5 per cent as it continues with its quantitative easing programme,... Read more
Economy will take time to fix, consumers think
11th March 2009
Consumers across Northern Ireland and the rest of the UK have resigned themselves to the fact that there is no quick fix to the economy, which means demand for the... Read more
Rate cut adopted as more money is to be printed
6th March 2009
The Bank of England's monetary policy committee (MPC) has opted for a further cut to interest rates, which may impact positively on businesses in Northern Ireland, that have increasingly been... Read more
More rate cuts imminent
2nd March 2009
Further interest rate cuts are imminent this week as the Bank of England moves to stave off the economic decline that is increasingly forcing many to seek the services of... Read more
Interest rates hit one per cent
6th February 2009
Interest rates have been dropped to a record low for the fifth time in as many months as the government moves to turn around the economy.The Bank of England's Monetary... Read more
Further rate drops 'not good'
5th February 2009
Solicitors in Northern Ireland may be interested to hear that the widely expected interest rate drops are not good for the country, according to the Building Societies Association (BSA).The Bank... Read more
Further rate drop imminent
3rd February 2009
Businesses and borrowers in Northern Ireland may benefit from even lighter interest rates following the revelation that the Bank of England is likely to drop the official rate even further,... Read more
Belfast among cities most exposed to recession
26th January 2009
The Northern Ireland city of Belfast has been named among cities most exposed to recession and least likely to prevent job losses and business closures over the coming months.Despite the... Read more
UK officially in a recession, ONS data shows
23rd January 2009
It is official, the UK is now in a full-blown recession, new data from the Office for National Statistics (ONS) shows.During the last three months, the UK Gross Domestic Product... Read more
Government comes to the aid of banks again
19th January 2009
A second rescue package that includes measures designed to encourage banks to lend more has been announced by the government, solicitors in Northern Ireland may be interested to hear.The banks... Read more
NI businesses to benefit from £20b loan package
14th January 2009
Small firms in Northern Ireland may be saved from collapsing thereby protecting jobs, thanks to a new plan by the government to guarantee up to £20 billion in loans for... Read more
Interest rates dropped to lowest level ever
9th January 2009
Interest rates have been dropped to the lowest level in the Bank of England's 300 year history, in a bid to counter the effects of the credit crunch.The official bank... Read more
2.5 per cent decline in property value in December
6th January 2009
December saw house prices fall by a further 2.5 per cent bringing more misery to home owners, but good news to those interested in getting on to the property ladder,... Read more
As safe as houses?
8th December 2008
Solicitors in Northern Ireland may be interested to hear that financial fear has led people to use their homes as safe havens for their cash and are holding some £5.4... Read more
Banks under pressure to pass on latest rate cut
5th December 2008
Solicitors in Belfast may be watching how banks react to the Bank of England rate cut yesterday, which saw interest rates dropped by a full one per cent to two... Read more
Interest rates dropped again
4th December 2008
Interest rates have been slashed to a 57-year low following the Bank of England's decision to further reduce the official bank rate paid on commercial bank reserves, solicitors in Northern... Read more
NI church gay ad breached regulation
3rd December 2008
Solicitors in Northern Ireland may be interested to know that a newspaper advertisement sponsored by the Sandown Free Presbyterian church in Belfast has been found to have breached advertising codes.Though... Read more
Jury deliberates on NI rape case
3rd December 2008
Solicitors in Belfast may be waiting eagerly for the outcome of a rape case in which a 19-year-old man is facing charges of raping an American student in Londonderry last... Read more
Woman hid dead baby in boot
1st December 2008
In news that may be of interest to solicitors in Belfast, a young Northern Ireland woman told of how she ended up giving birth and hiding the dead baby for... Read more
Office for National Statistics confirms economic decline
26th November 2008
Official data has confirmed that the UK economy did indeed shrink between July and September, solicitors in Northern Ireland may want to know.According to figures from the Office for National... Read more
Retention period for deeds and documents extended
26th November 2008
Solicitors in Northern Ireland may want to know that the Land Registry has extended the five-year retention period for certain deeds and documents lodged before October 13th 2003.The deadline has... Read more
NI accountants say the future is dim
24th November 2008
Leading accountants in Northern Ireland have predicted that the financial downturn will last for another two years, solicitors in Belfast may want to know.According to the Ulster Society of Chartered... Read more
FSCS begins compensation for UK Icesave customers
17th November 2008
Solicitors in Northern Ireland may be pleased to hear that UK customers who had their funds frozen following the collapse of Icelandic bank Icesave are starting to get their money... Read more
Abandoned land can be claimed
10th November 2008
In news that may be of interest to solicitors in Northern Ireland, a leading property expert has said that it is possible to legally claim abandoned land as your own.According... Read more
Rate cut welcomed by property market
7th November 2008
The government's decision to slash interest rates has been welcomed by property professionals, some of whom are calling for more to be done to rescue the suffering commercial and residential... Read more
Interest rates reduced to 3%
6th November 2008
Interest rates have been slashed by the Bank of England in a shock move that has seen the rates dropped by a one-and-a-half percentage point.The rate, which has been dropped... Read more
Changing market has solicitors changing tack
6th November 2008
Recent events in the financial market that have impacted many sectors across the UK have led solicitors in Northern Ireland to review the way they deal with clients in the... Read more
Icesave customers to get savings back
5th November 2008
In news that may be of interest to Solicitors in Northern Ireland, about 200,000 British people whose savings had been frozen in Icelandic internet bank Icesave are to receive information... Read more
UK economy moving towards recession
24th October 2008
Solicitors in Northern Ireland should prepare themselves for a wave of interest from across the board following official confirmation that the UK economy is moving towards a recession.Redundancies, insolvencies and... Read more
Embryology Bill sparks debate on abortion
23rd October 2008
The House of Commons has passed the Human Fertilisation and Embryology Bill, which may affect abortion laws in Northern Ireland.Despite a rebellion from some Labour MPs, the bill, which allows... Read more
Thousands falling into negative equity every month
21st October 2008
Thousands of homeowners in Northern Ireland may find themselves in need of the services of solicitors following revelations that two million UK homeowners face repossession as negative equity creeps in.According... Read more
Amendments made to takeover deal
14th October 2008
Changes have been made to the takeover terms in the deal between Lloyds TSB and HBOS, but the plan will still go ahead to save the crumbling HBOS.Following the bailout... Read more
British business lawyers to be celebrated
19th June 2008
The British Law Awards are to be held in November to celebrate the best in the UK business legal sector.According to John Malpas, the editor-in-chief of Legal Week, business lawyers... Read more
University of Ulster to open new legal campus
30th May 2008
Students learning to be solicitors in Northern Ireland will soon be able to attend the new University of Ulster's Graduate School of Professional Legal Education. The Derry Journal has revealed... Read more
Solicitors in Northern Ireland 'popular destinations for graduates'
6th May 2008
Local law practices in areas such as Northern Ireland are just as appealing to law graduates as City law firms, according to the Times.Head of postgraduate careers at Nottingham Law... Read more
Northern Ireland property market affected by base rate cut
11th April 2008
The mortgage interest rates could be set to be reduced on the announcement that the BoE has cut the UK base rate from 5.25 to five per cent.Turmoil in the... Read more
Blind friends awarded £1,000 after being turned away from restaurant
24th December 2007
A court has awarded compensation of £1,000 after two blind people were not admitted to a restaurant. Upon arriving at the Imperial City Chinese restaurant in Belfast Jamie Coady and... Read more
Best eCommerce Website Award 2007
26th November 2007
Wilson Nesbitt have won the Belfast Business Best eCommerce Website Award at a gala presentation in the Waterfront Hall. The event was sponsored by Belfast City Council and organised by Belfast... Read more
Charman settlement could set a precedent
9th March 2007
Solicitors and financial advisers alike are eagerly watching the unfolding of the Charman divorce case, currently being heard in the Court of Appeal. The final ruling on the case, which... Read more
Gifts to friends and family, not the government
8th March 2007
Inheritance tax (IHT) now affects more people in Britain and Northern Ireland due to booming property prices in recent years, with ten million properties currently liable for 40 per cent... Read more
Income tax fraud on the increase
7th March 2007
New research has suggested that tax fraud is on the increase in the UK and income tax fraud is representing a major part of that problem.Solicitors in Northern Ireland and... Read more
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