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Updated: 44 min 27 sec ago

Woodie’s owner Grafton has no focus on UK rival

Wed, 12/05/2018 - 06:16
Building materials business and Woodie’s DIY owner Grafton Group is understood not to be interested in any assets being put up for sale by its UK rival Travis Perkins. Travis Perkins, the UK’s largest building materials group, plans to sell its plumbing and heating division, and said it could divest its Wickes home improvement chain in the future.

Hotel settles for over €2.5m in Revenue tax defaulter list

Wed, 12/05/2018 - 06:12
A hotel in Monaghan has settled with Revenue for more than €2.5m, while a health food firm in Cork settled for €846,000, according to the latest tax defaulters’ list.

Corporate tax haul ‘has echoes of Tiger era’

Tue, 12/04/2018 - 19:49
The Government may be heading for another huge haul from corporation tax receipts in 2019, a possible election year.

Greencore shares fall as Brexit concerns mount

Tue, 12/04/2018 - 18:12
Greencore shares fell over 3% yesterday as the Irish-headquartered convenience food group expressed near-term concerns from rising Brexit uncertainty. The now solely UK-focused business reported a near 13% rise in annual pre-tax profit to £17.8m (€20m).

New homes supply only likely to start meeting demand by 2021, says Irish banking group

Tue, 12/04/2018 - 17:59
Housing supply has increased but will take to 2021 before coming anywhere to tackling pent-up demand, according to the business group that represents Irish banks and mortgage lenders.

Orla Kiely retail empire collapsed with debts of €8.1m, new documentation shows

Tue, 12/04/2018 - 17:34
The Orla Kiely fashion retail empire went out of business with debts of more than £7.25m (€8.1m), new documentation shows.

Exchequer figures reveal surge in Corporation Tax

Tue, 12/04/2018 - 17:18
Exchequer figures published today by the Department of Finance show that taxation receipts for the month of November were €631m ahead of target.

Settlements totaling €13m revealed in latest Revenue tax defaulters list

Tue, 12/04/2018 - 14:54
The latest list of tax defaulters published by Revenue provides details of 65 taxpayers who have made settlements totalling almost €13m.

We must embrace old idea of working longer

Tue, 12/04/2018 - 14:47
Finding ways to encourage, incentivise and promote employment among older people are policies worth debating and pursuing in Ireland, writes Joe Gill.

Over a third of SMEs concerned about Brexit, says GlobalData

Tue, 12/04/2018 - 14:38
Brexit remains the largest concern for small businesses in 2018.

Irish startup reports almost €1m global pre-sales ahead of product launch

Tue, 12/04/2018 - 13:19
A Dublin-based Irish startup is launching the world's first personal digestive tracker.

'This is a very uncertain time' - North-south local authority alliance needed in wake of Brexit

Tue, 12/04/2018 - 12:44
Local authorities face a number of uncertainties due to Brexit but are focussed on building resilience in their areas to prepare, a conference in Dublin heard today.

Enterprise Ireland accelerates focus on the Eurozone market with Ambition Germany event

Tue, 12/04/2018 - 12:06
Enterprise Ireland is accelerating its focus on the Eurozone market, which represents a potential export market of €38bn.

Deadline extended for CBA Cork Business of the Year entries

Tue, 12/04/2018 - 11:49
The deadline for entries for the Cork Business Association (CBA) Business of the Year Awards has been extended because of a spike in interest.

Ryanair traffic up 11% to 10.4m customers for month of November

Tue, 12/04/2018 - 11:28
Ryanair has released its traffic figures for the month of November, showing an increase in customers.

Quora reveals data breach affecting up to 100 million users

Tue, 12/04/2018 - 07:37
The company said it was in the process of notifying affected users.

FBD Hotels eyes more deals after €9m buy of Heritage Hotel and Spa in Laois

Tue, 12/04/2018 - 06:30
FBD Hotels and Resorts is eyeing further luxury hotel deals after acquiring the Heritage Hotel and Spa in Co Laois for approximately €9m.

Danske ‘has €2.4bn buffer’ amid laundering probe

Tue, 12/04/2018 - 06:12
Danske Bank has built a capital buffer of up to €2.4bn to absorb potential fines as it deals with the fallout of its role in one of Europe’s worst ever money laundering scandals.

GSK shares fall 8% after €4.5bn cancer drug deal

Tue, 12/04/2018 - 05:30
British pharmaceutical giant GlaxoSmithKline (GSK), which employs 1,700 in Ireland, has agreed to buy US cancer specialist Tesaro for $5.1bn (€4.5bn), while also selling its Indian Horlicks business to Unilever for $3.8bn.

Ted Baker drops €145m in value amid ‘hugs’ probe

Tue, 12/04/2018 - 05:06
Shares of fashion designer and retailer Ted Baker lost about £130m (€145m), or a sixth of their value, as the company said it was investigating an employee petition demanding chief executive Ray Kelvin stop hugging them.