Climate 'right' for NI companies

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There are major opportunities for local companies to grow in the current political and economic climate, according to a leading merchant bank.

Close Brothers, based in London, is opening a business finance operation in Belfast.

Its director, Harry Parkinson, said recent political progress had boosted business confidence.

"The NI economy is expanding and we see great opportunities for growth," he said.

The bank's business centred service would look at individual client needs and tailors a solution accordingly, he said.

"Our business is all about getting to know other people's businesses and finding out how we can help their productivity and growth."

Mr Parkinson said it was an exciting time to be in Northern Ireland.

The business will initially employ five people. The figure should rise to 12 within the next two years.