EU won’t loosen rules to ease pain of Brexit – Noonan

Brexit isn’t a good enough argument to persuade the EU to loosen its strict budgetary rules to allow for more spending, Finance Minister Michael Noonan has signalled.

Bank of Ireland names high-ranking female banker as new CEO

Bank of Ireland has appointed a high-ranking female banker, Francesca McDonagh, to succeed Richie Boucher as chief executive officer later this year. The bank confirmed McDonagh, who is 42 and from the UK, will take over the reins on October […]

C&C playing ‘long game’ in US as its asset value is cut by €129m and revenue slumps

Bulmers and Magners owner C&C is under no pressure from shareholders to sell its US operations, after slashing the value of its assets there by €129m during its last financial year, according to CEO Stephen Glancey. The company said the […]

Property prices forecast to rise 10pc this year and 8pc in 2018

The average price of a house is set to soar by the end of 2018 – first jumping 10pc this year, and rising by another 8pc next year. House completions are to grow strongly, Goodbody Stockbrokers said in a new […]

High debt and Brexit could hit recovery, says Moody’s

Ireland stands to gain more foreign direct investment (FDI) as a result of Brexit, and the public finances here have been on a continuously improving trend that’s set to continue over the coming years, Moody’s says. However, in its latest […]

DCC boss Breen puts Euro deals at top of list

DCC will continue to deploy the most of its acquisition capital in Europe over the next 18 months as it eyes opportunities to expand its fuel activities in the region, according to outgoing CEO Tommy Breen. The Irish FTSE-100 company […]

Credit union has €200,000 missing from accounts

Gardai have been called into another credit union hit by suspected fraud, with accounts believed to have been raided by a staff member, the Irish Independent has learned. Gurranabraher Credit Union in Cork is understood to have lost €200,000 and […]

Bank of Ireland reports surge in home improvement loan applications

A leading bank has reported a surge in people applying for home improvement loans. Bank of Ireland said it has seen a 38pc rise in consumers seeking to borrow to do work on their properties. However, the average loan size […]

New €220k fund up for grabs for startup projects aimed at tacking social issues

A €220,000 fund has been made available for innovative early stage projects that addresses health or social issues in Ireland.

Contactless is now king as we turn our backs on cash

Contactless payments mean shoppers are increasingly using debit cards as an alternative to cash.

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