Interest rates to hit fledging NI firms hardest

[View in browser]( [Belfast Telegraph]( Tuesday, 27 June 2023 [Weekly Business Digest](   Welcome to this week's Business Telegraph. It was to have been NI's tallest building at 30 storeys - now a project for a [19-storey apartment block]( in Belfast's Sailortown is open for public consultation. The interest rate rise to 5% will hit firms with less mature debt harder than others, [writes Alyson Magee](. And things are hotting up for renewable energy in NI, with investment in geothermal by the public sector and plans for [expansion from Everun](. Sarah Friar speaks about [her battles with sexism]( on the way to the top in Silicon Valley. While [Tim Harrison]( of Ionic Rare Earths talks to Alyson about its NI acquisition. And [Paul Gosling]( discusses why he thinks careers advice should be so much better for NI students. Thank you, and see you next week. Margaret Canning Top Stories [premium] [Fledgling firms in Northern Ireland are ‘most at risk’ from rising interest rates](   [Proposals aired for 19-storey apartment block with rooftop cafe for Sailortown in Belfast](   [Millions of pounds ploughed into renewable energy projects for NI](   [NI building contractor set for record turnover of £425m](   [Sarah Friar on being a CEO: Sexism in Silicon Valley and the rise of ‘friendly’ social media app](   Interview [premium] [Belfast company using £1.7m funding to play leading role in UK switch to renewable energy](   Opinion [premium] [Why improved careers advice could make NI a better place](   And Finally... [Extra £6m spent on burgers and cider marks start of barbecue season for NI shoppers](   What do you think of this email? [Positive]( [Positive]( [Negative]( [Negative]( [belfasttelegraph]( [Follow us on Twitter]( [Follow us on Facebook]( ABOUT THIS EMAIL This email is from Belfast Telegraph part of Mediahuis UK Ltd. You received this email because you have signed up for the Belfast Telegraph Business Newsletter. [Contact Us]( | [Privacy Statement]( | [Cookie Policy]( | [Unsubscribe]( Copyright - 2023 All Rights Reserved