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Thousands in line for Standard Life payout

The payment is worth close to €1,000 each for an estimated 60,000 Irish shareholders. These people ended up with shares in the Edinburgh-headquartered company when it de-mutualised, and floated on the London Stock Market in 2006. Now the insurer has […]

Kenny praises ‘patriotism’ as Guaranteed Irish hits 30

Speaking at a celebratory lunch in Dublin yesterday, Mr Kenny said: “I’m sure there are many here who will remember as clearly as I do when this concept started out some years ago. “It made us sit up and take […]

Pressure on employers as job vacancies rise in August

Compared to July, 4pc more jobs were available in August. In some sectors firms are struggling to fill jobs because of the gap between salaries on offer and the pay expectations of some in-demand specialists – that gap is especially […]

IBEC: ‘Slash taxes to lure emigrants home to work’

Its 2014 Consumer Monitor, while portraying an economy firmly in recovery mode, said the flood of 20 to 35-year-olds risks bringing progress to a grinding halt. And the Government can afford income tax cuts of €300m in the upcoming budget. […]

Bank stress tests set to be delayed until late October

The European Central Bank (ECB) is looking at how 130 of the eurozone’s largest banks value their assets. Those banks will also undergo EU-wide tests on whether they have enough capital to weather future crises. The ECB had informally pencilled […]

Low ECB rates set to last for rest of decade

The ECB surprised markets last week with its decision to ease monetary policy again. Rates were last cut in June and there were strong hints at that time that it would not be lowered any further. However, the weakness of […]

Tax credit for ad industry urged after slump post 2007

Advertising agency Core Media, in conjunction with the Association of Advertisers in Ireland (AAI), has been pushing the Department of Finance to include a 25pc tax credit for incremental advertising in the upcoming Budget in an effort to return the […]

Builders see first full year’s growth since recession

Following another sharp expansion in August, activity in the construction sector has now increased in each month throughout the past year. Growth last month was boosted by a steep rise in new orders, Ulster Bank’s August Purchasing Managers Index (PMI) […]

FTSE 100 volatility index jumps on Scottish fears

In early trade, the FTSE 100 Volatility Index, which measures the price of options on UK blue-chip stocks, rose to 16 percent, having closed at around 13 percent on Friday. In early trade, sterling weakened to its lowest in nearly […]

Euro slides after ECB shocks markets with interest rate cu

In early trade, the FTSEurofirst 300 index of top European shares was down 0.1pc at 1,399.68 points, retreating from a 6-1/2 year high hit in the previous session. The euro nursed hefty losses, having suffered its biggest one-day fall in […]

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