Business News

Ireland is going to change dramatically over the next 10 to 15 years and we are not preparing for it properly. I am not talking about Brexit or the future of the single currency. Neither am I talking about the impact Donald Trump’s US presidency might have on corporations and how they are taxed. The […]

Standard Life is considering increasing the size of its Dublin operation as a result of Brexit. The company is considering Dublin as one of a number of possible destinations for the its EU base after Brexit negotiations are concluded, according to a report in The Irish Times. That would require the company-which currently employs around […]

The largest equity trader in the United States, Citadel Securities, is to grow its Dublin operation over the next two years. The company will move into an 18,500 square foot office space at 1 Grand Canal Dock which it will rent for an annual €1.1m, according to The Irish Times. Citadel said it will ramp […]

Advisers to Bank of Ireland’s corporate overhaul – a largely technical move – stand to make close to €10.5m in fees. The figure was disclosed in a prospectus, filed yesterday, detailing a reorganisation of the lender that will result in a drastic reduction in the number of shares on issue and create a new holding […]

Ireland’s economic model is set to come under unprecedented scrutiny after the Trump administration launched an investigation into its trade relations with “partners” around the world. New data shows that Ireland currently has the most favourable trade with the US of any country in Europe bar Germany. It should be good news, showing we export […]

A slowdown in the growth of UK construction activity has added to fears that the country’s economy may be starting to cool. March saw only a marginal rise in new work across the British construction sector, with a weak rise in home building in particular. Any fall-off in activity in the sector is bad news […]

The Government is considering roping in a handful of blue-chip investors to anchor AIB’s shareholder base when it sells €3bn of shares in the bank this summer. But any move to restrict smaller hedge funds and opportunist investors from piling into the deal could mean a lower price for the State when it sells the […]

ACCOUNTANT Patrick Burke has strongly disputed claims by publican Frank Gleeson related to a dispute over the merger of the Mercantile/Capital chains of well-known Dublin pubs, hotels and restaurants. Mr Burke was responding after Mr Gleeson claimed that he had behaved unethically and unprofessionally. In reply, Mr Burke said Mr Gleeson made the claim because […]

High personal tax rates are holding back the establishment and growth of businesses and stunting job creation, a major report warns today. Ireland needs to slash personal tax rates to create jobs and secure a Brexit dividend as the UK leaves the EU, according to leading entrepreneurs. Nearly three-quarters said the overall cost of doing […]

House prices soared 9pc in a year on the back of new buyers clamouring to get hold of property in limited supply. The ‘Help-to-Buy’ scheme and looser credit conditions are expected to push Irish house-price inflation into double figures this year, amid fears the housing bubble is back. Economists have questioned the need for the […]