News

There is a lot of talk about the hoped-for inflow of financial services firms related to Brexit. But there will be a flow of outward investment, too. Some Irish-owned firms selling to the UK market will establish plants in Britain, or buy existing operations there. This is one obvious safeguard to the risk of customs […]

One of France’s leading investment funds has established an operation in Dublin, which it plans to double in size by the end of the year. Paris-based Tobam, the brainchild of finance guru and mathematician Yves Choueifaty, a former chief executive of Credit Lyonnais’s investment arm, manages more than €8 billion in assets. It has been […]

Legislation paving the way for Theresa May to start the Brexit process will be published on Thursday. The first salvo in the parliamentary battle will be fired as ministers produce a Bill which will allow the UK to trigger Article 50, the formal procedure for leaving the European Union. The government was forced to draw […]

Hopes have been raised that rules limiting the amount of mortgage lending by credit unions may be relaxed. Credit unions have limits imposed on them, with the value of their overall loan books restricting what they can issue as mortgages, but the Central Bank said it was reviewing the rules. The move to review the […]

Plans for a new town with 3,000 homes in blocks of up to 50 metres high and office, commercial and retail space for 8,000 workers have been unveiled by Dublin City Council. The Poolbeg West planning scheme incorporates some 34 hectares of land south of the Dublin Docklands beside Ringsend, and a film studio is […]

Enterprise Ireland has announced a new €750,000 fund created to support start-up activity across all sectors. The Competitive Start Fund (CSF) provides entrepreneurs with the critical early stage funding to test the market for their products and services. The fund – which provides €50,000 in equity funding for each successful applicant – allows for start-ups […]

The combined deficit of defined-benefit pension schemes in companies listed on Ireland’s stockmarket soared to €4.5bn last year – a 50pc increase on the shortfall in 2015. The widening deficit on Iseq firms was propelled by falling yields on corporate bonds, according to a report published by global consulting group Mercer this morning. The huge […]

The revenue commissioners have encouraged taxpayers to use online services when filing tax returns over the coming weeks and months. People filing revenue declarations can log on to the revenue website and use the PAYE Services function in the “my Account” section, Revenue says the online offering makes the process easier and more convenient, and […]

The 400,000 people renewing their private health insurance this month could be paying as much as €3,000 a year more for their private health insurance than they need to, Sunday Independent analysis has found. Most at risk of overpaying are those who have been on the same plan for three or more years – and […]

In the first half of 2016, just 3,600 of us, or 0.06pc, switched our current account to another bank. This is a far cry from the first half of 2014, when over 26,000 customers switched, although this was mainly due to the exit of Danske Bank and ACC Bank from the current account market. “The […]