Latest news with #DonnellyGroup
BBC News
02-07-2025
- Automotive
- BBC News
Brexit could see less choice for new car buyers, warn dealers
Car buyers in Northern Ireland could soon have less choice and pay higher road tax when purchasing new vehicles because of post Brexit trading arrangements due to come into force next year, MLAs have been of Northern Ireland's top dealerships have also warned of job losses in the sector which currently employs around 17,500 from Charles Hurst, Agnews and Donnelly Group set out their concerns at a sitting of Stormont's economy were told that from January 2026 Great Britain approved new cars will no longer be able to be registered in Northern Ireland. Instead all new cars registered in Northern Ireland must be an "EU type approved" changes will only apply to new and not used vehicles. 'Pain of Brexit' Dave Sheeran from Donnelly Group said consumers in Northern Ireland will face "a restricted offering, restricted price list and potentially higher taxation"."Not everything being offered in GB will be able to be sold in Northern Ireland because of a divergence in regulations with the EU," he added."This is an unintended pain of Brexit."He also warned that plug-in hybrid vehicles in Northern Ireland will have to follow different carbon dioxide emissions rules to Great Britain, which will see consumers paying higher tax."Somebody buying a car in Belfast will face a higher tax than someone buying the same new car in Birmingham," he said. Challenging for consumers and dealers Jeff McCartney from Charles Hurst said the changes will be challenging for consumers and local car dealers."The irony is customers will be able to go to GB and buy a new car but dealers in Northern Ireland will no longer be able to source the vehicles for them," he urged MLAs to back calls for the government to allow local dealers to continue to sell GB type approved new vehicles after January.
Cision Canada
24-06-2025
- Business
- Cision Canada
Donnelly Group Poised for Successful CCAA Discharge as Founder Jeff Donnelly Reacquires Assets
Jeff Donnelly has assumed the senior creditor position from Bank of Montreal and is set to exit creditor protection in early July VANCOUVER, BC, June 24, 2025 /CNW/ - The Donnelly Group, including much of its flagship hospitality portfolio under Freehouse Collective, is preparing to exit Companies' Creditors Arrangement Act (CCAA) proceedings in early July, marking a major milestone in its corporate restructuring. Founder and CEO Jeff Donnelly recently reacquired key assets from the Bank of Montreal, becoming the senior secured creditor and regaining control of the petitioner companies. With a court-approved Plan of Arrangement and the Stay of Proceedings set to expire on July 4th, a formal discharge is expected imminently. "While CCAA has been a necessary tool during a complex period, it's also been a distraction from what we do best" said Donnelly. "We've continued to design and operate some of the most compelling hospitality concepts in Canada, it's a relief to have reacquired those in creditor protection and returned to a full complement of brands, we can now focus fully on the business of creating standout spaces and experiences." Notably, not all Donnelly Group businesses were petitioners in the CCAA filing. Over the past several years the group has continued to grow and evolve, launching new successful locations while maintaining the quality and personality that define the brand. "We're a boutique hospitality group with a track record of building unique, culturally connected spaces," Donnelly added. "With the restructuring behind us we can reinvest in what makes our business successful—great hospitality fuelled by strong teams and thoughtful spaces." Despite sector headwinds, Donnelly Group maintained operational stability thanks to resilient staff, steadfast guest loyalty and the lasting appeal of its concepts. The company is now positioned to emerge from CCAA leaner, stronger, and fully aligned for growth. Donnelly Group is a boutique hospitality management company rooted in publican culture. Its hospitality arm, Freehouse Collective, operates a unique portfolio of public houses, cocktail clubs, and restaurants in Vancouver and Toronto. Each venue is designed to spark conversation and connection—drawing influence from music, art, sport, travel, and modern culture.
