State to get €275m from liquidation of former Anglo Irish Bank – estimates

The state is expected to get €275m from the liquidation of the former Anglo Irish Bank by the end of this year, according to the best estimate of liquidators Kieran Wallace and Eamonn Richardson.

Brexit would be serious risk to global economic growth: G7 leaders

A British exit from the European Union would be a serious risk to global economic growth, Group of Seven leaders said in a summit declaration on Friday, although German Chancellor Angela Merkel said the issue had not been discussed.

Oil above $50 a barrel for first time in 2016

Oil has surged about 80 per cent since dropping to the lowest since 2003 in January

Finance, property sector saw 7% earnings increase in first quarter

Rise came as average weekly earnings across economy rose by 1% – CSO

State forestry agency Coillte sees profits soar to €47m

STATE forestry agency Coillte generated profits last year of €47.6m, two thirds more than the previous year. The company paid a dividend to the State €5m.

Shortage of homes sees house prices rise again – CSO

PROPERTY prices nationwide rose again last month as a shortage of homes to buy continues to push up values.

Ulster Bank to sell more than 900 customers’ mortgages to vulture funds

Ulster Bank is to offer more than 900 distressed home loans to so called vulture funds, as part of a sale aimed at clearing the decks of the bank’s boom era problem assets.

Shell to implement cuts in UK and Ireland gas production unit

Royal Dutch Shell will increase the number of job cuts in 2015 and 2016 by around 20pc to at least 12,500 as a result of low oil prices and the integration of BG Group, it said on Wednesday.

The European Union and the euro: this is a marriage made in hell

Over recent weeks I have traversed the UK debating whether it should leave the EU. I have been struck by the way that most speakers for readily acknowledge that the euro is a disaster yet still argue that the UK […]

Thousands of families paying over the odds for health insurance

Four out of five consumers who have health insurance are on the wrong plan, according to research by one of the country’s leading health insurance experts.

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