Ulster Bank takes over Co Down shopping centre

Ulster Bank has taken control of the biggest factory shop in Ireland, the Outlet shopping centre in Banbridge, Co. Down.

A spokesman for the bank said it had promised to work with the centre management to secure its long-term success.

The Outlet, which opened in 2007, has 82 stores and employs approximately 500 full and part-time staff.

The business, located on the main Belfast to Dublin road, is continuing to trade normally.