Ireland
UK
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An Omagh-based developer has been declared bankrupt.
Seamus P Leonard owner of Leonard Bros Construction has worked on a variety of ambitious projects throughout Ireland.
The County Tyrone house builder was behind the Ros Mor development in Donegal Town.
It is a sign of the times as activity in the Irish construction sector continued to weaken last month, although the pace of deterioration slowed from the bigger drop in December - as the severe winter weather eased.
The Ulster Bank construction purchasing managers' index - a seasonally adjusted index which tracks changes in total construction activity - posted a reading of 45.3, up from December's reading of 40.6. (Any figure below 50 signals contraction).
The survey noted that activity, new orders and employment all continued to decrease during January. The construction sector has declined every month since June 2007.
(GK)
