Banks to transfer €19 billion in bad loans next month to NamaBANKS WILL begin transferring loans to the National Asset Management Agency (Nama) next month, with development loans valued …Fri Jan 08 2010 - 00:00
Debt agency to raise €20bn this yearTHE NATIONAL Treasury Management Agency (NTMA) will not need to raise as much money this year as it did in 2009, as Ireland’s…Fri Jan 08 2010 - 00:00
Debt agency to raise €20bn this yearTHE NATIONAL Treasury Management Agency (NTMA) will not need to raise as much money this year as it did in 2009, as Ireland’s…Fri Jan 08 2010 - 00:00
National debt €12bn higher as tax take sinks by 19%THE PUBLIC finances deteriorated sharply last year, with Ireland’s exchequer balance worsening by almost €12 billion, new figures…Wed Jan 06 2010 - 00:00
Exchequer deficit deepens by €11.9bnTHE EXCHEQUER deficit deteriorated by €11.9 billion in 2009, new figures from the Department of Finance showWed Jan 06 2010 - 00:00
National debt €12bn higher as tax take sinks by 19%THE PUBLIC finances deteriorated sharply last year, with Ireland’s exchequer balance worsening by almost €12 billion, new figures…Wed Jan 06 2010 - 00:00
Exchequer deficit deepens by €11.9bnTHE EXCHEQUER deficit deteriorated by €11.9 billion in 2009, new figures from the Department of Finance showWed Jan 06 2010 - 00:00
Receiverships rise 118% as banks seek debt recoveryTHE NUMBER of companies that went into receivership more than doubled last year to 124, as banks increasingly moved to have receivers…Mon Jan 04 2010 - 00:00
Four firms a day go out of business and trend is set to continueFOUR COMPANIES a day went out of business in 2009, with a similar rate of insolvency expected for most of 2010, according to …Mon Jan 04 2010 - 00:00
Four firms a day go out of business and trend is set to continueFOUR COMPANIES a day went out of business in 2009, with a similar rate of insolvency expected for most of 2010, according to …Mon Jan 04 2010 - 00:00
Receiverships rise 118% as banks seek debt recoveryTHE NUMBER of companies that went into receivership more than doubled last year to 124, as banks increasingly moved to have receivers…Mon Jan 04 2010 - 00:00
AIB and B of I strong performers in share pricesIseq: 3,027.98 (-4.40) Settlement date: December 30thThu Dec 24 2009 - 00:00
Law Society advises Lenihan to register agency's land interestsLETTERS TO MINISTER: THE NATIONAL Asset Management Agency (Nama) should be required to register with the Land Registry or the…Sat Dec 19 2009 - 00:00
GDP edges up amid difficult conditionsTHE ECONOMY technically emerged from recession in the third quarter, according to new data from the Central Statistics Office…Fri Dec 18 2009 - 00:00
Retail sales decline 1.7% as spending loses momentumRETAIL SALES fell back in October, with core sales volumes declining 1Sat Dec 12 2009 - 00:00
Deflation eased to 5.7% in NovemberTHE PRICE of food and alcohol fell in November, but the cost of education and transport increased, according to the latest Consumer…Fri Dec 11 2009 - 00:00
Mortgage tax break extendedPROPERTY: MORTGAGE INTEREST tax relief has been extended for borrowers who bought their homes at the peak of the property market…Thu Dec 10 2009 - 00:00
Profits are down 7% at McDonald'sTHE WORLD’S largest hamburger chain, McDonald’s, saw pretax profits at its Irish restaurants fall 7 per cent last year as the…Thu Dec 10 2009 - 00:00
Laura Ashley posts €413,208 net profitFASHION AND home furnishings retailer Laura Ashley made a net profit of €413,208 from its Irish stores in the year to the end…Wed Dec 09 2009 - 00:00
Advice on public speaking of little help to would-be orators of todayBOOK REVIEW: The 100: Insights and Lessons from 100 of the Greatest Speeches Ever Delivered By Simon Maier and Jeremy Kourdi…Mon Dec 07 2009 - 00:00
National debt charge to hit €4.6bn next yearTHE COST of servicing the national debt is set to increase by €2 billion next year, according to figures in the pre-budget White…Sat Dec 05 2009 - 00:00
Lower rates of social welfare signalledBUDGET CUTS: SOCIAL WELFARE payments should be cut to avoid existing poverty traps and “improve the benefit for working”, according…Sat Dec 05 2009 - 00:00
Moody's threatens ratings cutINTERNATIONAL pressure on the Government to deliver its promised €4 billion-raising budget intensified yesterday after a credit…Fri Dec 04 2009 - 00:00
Jobless figures for November unchanged at 12.5% - CSOTHE RATE of unemployment remained unchanged at 12Thu Dec 03 2009 - 00:00
Revenue investigations yield €97m in third quarterTHE REVENUE Commissioners yielded more than €97 million from its audit and investigation programmes in the three months to the…Wed Dec 02 2009 - 00:00
Exchequer deficit over €22bnThe Government collected more tax in the key month of November than it had been anticipating a couple of months ago, according…Wed Dec 02 2009 - 00:00
Shoppers north and south find comfort in a cold climateTALKING SHOPS: Belfast’s Victoria Square shopping complex has benefited not only from shoppers from the South, but also from…Tue Dec 01 2009 - 00:00
How retail's big players are colonising the worldHOWEVER NICE the architectural packaging, the tenant line-up in shopping centres and retail thoroughfares increasingly tends …Tue Dec 01 2009 - 00:00
Docklands body will need aid over Glass Bottle siteTHE DUBLIN Docklands Development Authority said yesterday it would require financial assistance from the State as a result of…Fri Nov 27 2009 - 00:00
Study finds 30% tax relief on pensions could save €500mTHE INTRODUCTION of a single rate of tax relief on pension contributions would save public money and would be fairer, according…Thu Nov 26 2009 - 00:00
Construction, manufacturing loans fall most - Central BankLENDING TO most sectors of the economy remains in decline, with loans to the construction and manufacturing sectors falling the…Sat Nov 21 2009 - 00:00
Industrial wages fall after overtime and bonus cutsCUTBACKS IN bonuses and overtime led to a fall in industrial sector wages in the second quarter of 2009, but average hourly earnings…Sat Nov 21 2009 - 00:00
Tale of hubris and hypocrisy recounts what drew investors to the cult of MadoffBOOK OF THE DAY: The Believers: How America Fell for Bernard Madoff’s $65 billion Investment Scam By Adam LeBor Weidenfeld Nicolson…Tue Nov 17 2009 - 00:00
Retail Ireland seeks 20% rates cutRETAIL IRELAND, a group affiliated to employers’ lobby organisation Ibec, has called on local authorities to cut commercial rates…Mon Nov 16 2009 - 00:00
Zara's Irish stores lose €236,000 as costs riseFASHION CHAIN Zara made a loss of €236,000 from its nine Irish stores last year, compared to a profit of €1Mon Nov 16 2009 - 00:00
New job subsidies scheme has its work cut outANALYSIS: The softening of criteria for employers will get more of them into the subsidies system, but questions remain over…Fri Nov 13 2009 - 00:00
Lower rate of economic shrinkage predictedTHE ECONOMY will not contract by as much as previously expected next year, and the peak in the unemployment rate will be lower…Fri Nov 13 2009 - 00:00
Planet BusinessTHE NUMBERS: 16 – The number of Rolex watches belonging to convicted fraudster Bernard Madoff to be auctioned off by US authorities…Fri Nov 13 2009 - 00:00
Quarter of hotel rooms must close, says BaconA QUARTER of the hotel rooms in Ireland need to be closed down urgently because the sector in its entirety is insolvent, according…Thu Nov 12 2009 - 00:00
Hotels sector insolvent, report findsA quarter of hotel rooms in Ireland need to be closed down urgently because the hotels sector in its entirety is insolvent, according…Wed Nov 11 2009 - 00:00
Company holding Barry's Hotel goes into liquidationTHE COMPANY behind Barry's Hotel, one of Dublin's oldest hotels and the scene of gunfire shortly after the 1916 Easter Rising…Wed Nov 11 2009 - 00:00
Peugeot's Irish distributor makes €51m pretax lossTHE GOWAN Group, which imports and distributes Peugeot cars in Ireland, made a pretax loss of €50Wed Nov 11 2009 - 00:00
Loss makes Ulster Bank RBS's worst divisionULSTER BANK made an operating loss of £85 million (€95 million) in the third quarter as impairments soared and margins were squeezed…Sat Nov 07 2009 - 00:00
The Square to get €250m expansionALMOST 20 years after Charles Haughey opened The Square town centre in Tallaght, it is to undergo its first major expansion project…Thu Nov 05 2009 - 00:00
OECD warning over living standardsLiving standards in Ireland are likely to remain “permanently lower”, the Organisation for Economic Co-operation and Development…Thu Nov 05 2009 - 00:00
Cuts in jobless payments 'may be necessary'UNEMPLOYMENT BENEFITS: UNEMPLOYMENT BENEFITS should be reduced in line with falling prices, according to the Organisation for…Thu Nov 05 2009 - 00:00
Fine Gael sets out economic stallFine Gael promised business people today the party would not "hinder" enterprise if it is elected to Government, but will help…Thu Nov 05 2009 - 00:00
