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Retail Ireland seeks 20% rates cut

RETAIL 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 rise

FASHION CHAIN Zara made a loss of €236,000 from its nine Irish stores last year, compared to a profit of €1

Mon Nov 16 2009 - 00:00

New job subsidies scheme has its work cut out

ANALYSIS: 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 predicted

THE 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 Business

THE 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 Bacon

A 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 finds

A 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 liquidation

THE 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 loss

THE GOWAN Group, which imports and distributes Peugeot cars in Ireland, made a pretax loss of €50

Wed Nov 11 2009 - 00:00

Loss makes Ulster Bank RBS's worst division

ULSTER 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 expansion

ALMOST 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 standards

Living 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 stall

Fine 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

Standard of living likely to stay lower permanently, OECD warns

LIVING STANDARDS in Ireland are likely to remain “permanently lower”, the Organisation for Economic Co-operation and Development…

Thu Nov 05 2009 - 00:00

Layoffs climb above 6,500 for October

THERE WERE 6,561 redundancies in October, according to figures released yesterday by the Department of Enterprise, Trade and …

Wed Nov 04 2009 - 00:00

Decline in public finances slowing, returns show

THE PUBLIC finances deteriorated further in October, but only slightly, according to the latest exchequer returns data from the…

Wed Nov 04 2009 - 00:00

Tax revenues 17% lower this year

The public finances deteriorated in October, but only slightly, according to the latest Exchequer returns data from the Department…

Tue Nov 03 2009 - 00:00

Lending to households down 3.4% year-on-year

LENDING TO households and companies declined sharply in September, falling €4

Sat Oct 31 2009 - 00:00

Moonduster writes down investment in Irish Continental Group by €30m

MOONDUSTER, THE investment vehicle that made a bid for Irish Continental Group (ICG) in 2007, made a writedown of €30 million…

Fri Oct 30 2009 - 00:00

One More Thing

The murky past of SPVs; carbon tax likely for budget; euro-zone figures show a small pick-up in lending

Fri Oct 30 2009 - 00:00

Banks still tightening criteria on lending

IRISH BANKS tightened their criteria for lending to mortgage customers and businesses in the third quarter of 2009, while demand…

Thu Oct 29 2009 - 00:00

Bank shares plunge as Lenihan signals delay over Nama

LOAN TRANSFERS to the National Asset Management Agency (Nama) could be delayed until next year, Minister for Finance Brian Lenihan…

Thu Oct 29 2009 - 00:00

Rate of decline in retail sales easing, review finds

THE RATE of decline in retail sales is levelling off, but consumers are spending the least amount per transaction in more than…

Thu Oct 29 2009 - 00:00

Year-on-year lending falls for first time in euro zone

LENDING TO households and companies in Europe fell on an annual basis for the first time last month as the economic slump slashed…

Wed Oct 28 2009 - 00:00

Irish banks tighten lending criteria - ECB

Irish banks tightened their criteria for lending to mortgage customers and small businesses in the third quarter of 2009, while…

Wed Oct 28 2009 - 00:00

Shopping in North to cost exchequer €430m in lost tax

CROSS-BORDER shopping will cost the Exchequer almost €430 million in lost tax revenues, according to new analysis by Ibec.

Tue Oct 27 2009 - 00:00

Employers call for jobs stimulus package and carbon tax deferral

CARBON TAX should be postponed, excise duties on alcohol cut and an “ambitious” jobs stimulus package introduced, employers’ …

Tue Oct 27 2009 - 00:00

Hutchison 3G turnover up by 47% last year

MOBILE PHONE company 3 Ireland increased its turnover by 47 per cent last year as the firm expanded its presence in the mobile…

Tue Oct 27 2009 - 00:00

CRH drags on Iseq as banks get no respite from holiday

DUBLIN REPORT: Iseq: 3,093.94 (–51

Tue Oct 27 2009 - 00:00

Subdued week ends with Iseq closing 1.6% down on day

DUBLIN REPORT: Iseq: 3,145.72 (-36.05) Settlement date: October 28th

Sat Oct 24 2009 - 01:00

Soft landing for Iseq after turbulent day's trading

DUBLIN REPORT: Iseq: 3,252.80 (-25

Thu Oct 22 2009 - 01:00

Fiscal expert says Nama plan is 'right approach'

NEW YORK University professor Nouriel Roubini has said the Government’s plan for a National Asset Management Agency (Nama), is…

Thu Oct 22 2009 - 01:00

After-tax losses of $8.6m for JP Morgan Irish unit

The Irish unit of US investment bank JP Morgan made after-tax losses of $8.6 million (€5

Wed Oct 21 2009 - 01:00

Merrill Lynch's Irish unit makes €1bn after-tax losses

MERRILL LYNCH, the US investment house taken over by Bank of America at the peak of the financial crisis, made after-tax losses…

Wed Oct 21 2009 - 01:00

CRH retreats on concerns over building sector in US

DUBLIN REPORT: ISEQ: 3,278.39 (-15

Wed Oct 21 2009 - 01:00

Ministers' areas get more investment

CAPITAL SPENDING: CONSTITUENCIES WHERE the sitting TDs include Government Ministers receive higher infrastructure spending per…

Mon Oct 19 2009 - 01:00

Corporations and the concentration of power

BOOK REVIEW: Life Inc: How the World Became a Corporation and How to Take it Back by Douglas Rushkoff Published by The Bodley…

Mon Oct 19 2009 - 01:00

Kenmare Diary

One Dublin stadium enough: REMEMBER THE National Stadium? Colm McCarthy raised a few laughs when he identified plans for the…

Mon Oct 19 2009 - 01:00

Economist warns wage cuts of 5% necessary

WAGE CUTS of 5 per cent in both the private and public sector are needed “to achieve the necessary improvement” in the economy…

Sat Oct 17 2009 - 01:00

Nama 'won't revitalise banks'

The proposed National Asset Management Agency (Nama) will fail in its bid to create healthy banks even if it works exactly as…

Sat Oct 17 2009 - 01:00

Planet Business

THE NUMBERS: 75 – the number of staff Nama expects it will need to take on, according to its business plan

Fri Oct 16 2009 - 01:00

Britvic Ireland sees sales volumes fall almost 14%

SOFT DRINKS group Britvic Ireland saw sales volumes plummet almost 14 per cent over the three months to the end of September, …

Fri Oct 16 2009 - 01:00

Route to success

THE FRIDAY INTERVIEW:  Darryl Ismail. Chase Travel International Founder and chief executive.

Fri Oct 16 2009 - 01:00

Joint ventures likely to develop sites

UNFINISHED PROJECTS: NAMA WILL fund the completion of some unfinished developments “on a partnership or joint venture basis” …

Thu Oct 15 2009 - 01:00

Department outlines issues that may cause agency to fail

RISKS: THE DEPARTMENT of Finance has outlined eight “key risks” that could result in the failure of the National Asset Management…

Thu Oct 15 2009 - 01:00

ESRI calls for 20% child benefit cut and welfare freeze

ESRI REPORT: CHILD BENEFIT should be cut by 20 per cent and social welfare payments frozen, but the package of tax increases…

Wed Oct 14 2009 - 01:00

Welfare cut no remedy to public fiscal crisis

Tasc conference: CUTTING WELFARE payments will extend the economic slump into a depression rather than ease pressure on public…

Mon Oct 12 2009 - 01:00

Civil engineering activity fell in September

CIVIL ENGINEERING is now the weakest performing part of the construction sector, according to a “disappointing” new snapshot …

Mon Oct 12 2009 - 01:00

Tax changes part of new deal

TAXATION: A SINGLE rate of tax relief on private pension contributions, a “site valuation tax” and the abolition of the Pay-…

Mon Oct 12 2009 - 01:00
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