The late Brian Lenihan, who was Fianna Fáil minister for finance in 2009.    Photograph: Matt Kavanagh

It was a bad year for the economy and for inflation and employment, but 2009 was also the year inequality fell to its lowest leve(...)

Micheal Savage, co-author of the  ESRI report ‘Crisis, Austerity, Recovery: Income Distribution through the Great Recession in Ireland’. Photograph: Cyril Byrne

ESRI research appears to dispel widely held belief that those in the middle suffered most

Supermarket chain Sainsbury rose after deciding to axe 800 store jobs in a drive to cut costs. Photographer: Matthew Lloyd/Bloomberg

Dublin market remain quiet but Dragon Oil benefits from industry-wide bounce

Belmond Grand Hibernian: the firm has refitted 11 Irish Rail carriages for luxury at a cost of $10 million.

Firm behind famous luxury train trip teams up with Irish Rail to offer high-end holidays

Dairy exporter is banking on strong demand for powdered products in Asia and Africa

  Managing director of the International Monetary Fund, Christine Lagarde, with Minister for Finance Michael Noonan  at Government Buildings Dublin. Photograph: Eric Luke / The Irish Times

Figures show Government debt stood at €203 billion in 2014, down from €215 billion the previous year

Bloomberg, which has more than 315,000 subscribers worldwide, said it was investigating the cause of the outage.

Company, which has more than 315,000 subscribers worldwide, says it is investigating

Germany’s Dax, down 1.9 percent, underperformed the wider market, after a recent sharp rally and as the euro gained against the dollar. Photograph: Reuters/Pawel Kopczynski

Euro zone government borrowing costs, including Ireland’s, fell again to new lows

After receiving the request from Ryanair, the CMA said it invited submissions from interested parties, including Aer Lingus, IAG and the Irish Government.  Photographer: Chris Ratcliffe/Bloomberg

Watchdog insists budget airline must cut stake in Aer Lingus

Global Shares for managing employee equity plans

Clonakilty-based Global Shares develops software for managing employee equity plan

Derry Scully of Bruce Shaw quantity surveyors said the council may be setting the bar “a little too high” given the “serious dearth” of housing in Dublin. Photograph: Dara MacDónaill

Construction group says capital’s larger-space standards are impeding supply

Total Produce chief executive Rory Byrne picked up a performance-related award of €318,000 last year. Photograph: Brenda Fitzsimons

Fruit and vegetable distributor’s Rory Byrne receives small salary increase

Dairy co-op also unveils plan to increase production by 25%

19/02/2015 BUSINESS FINANCE NEWS POLITICS Minister for Public Expenditure Brendan Howlin and Minister for Finance Michael Noonan at the SBCI funding for SMEs, at The Liffey Trust, Dublin. Photograph: Eric Luke / The Irish Times

Isme survey shows business costs remains the key concern

Mario Draghi, president of the European Central Bank (ECB), pauses whilst speaking during the inauguration ceremony for the new European Central Bank headquarters in Frankfurt . Photographer: Martin Leissl/Bloomberg

Survey appears to indicate ECB’s money printing is improving funding conditions

Chief executive Alan Walsh

Group is also in line for windfall from NTR’s sale of US windfarms

A Vietnamese woman sows rice plants: with a population of 93 million, Vietnam’s dairy industry is worth over $6 billion (€5.5 billion), making it the largest market in southeast Asia. Photograph: Reuters/Stringer

Move is part of wider Government initiative to strengthen trade links

An Audi AG A1 vehicle stands on display during the press day of the recent  Seoul Motor Show in Goyang, South Korea.  Photographer: SeongJoon Cho/Bloomberg

Premium car brand says it is outselling rivals - BMW and Mercedes

Company says 50 opportunities will be created in apprenticeship and graduate schemes

DNG said it expected prices expected to rise by 5-10 per cent this year. Photograph: Cyril Byrne /Irish Times

Estate agent DNG blames recent slowdown in prices on new lending curbs and CGT abolition

Mario Draghi, president of the European Central Bank (ECB) during a press conference following the meeting of the Governing Council in Frankfurt. Photograph: Daniel Roland /Getty

Separately, Standard & Poor upgrades euro zone outlook on back of cheap oil, weak euro and QE

3-7-02             Picture: Matt Kavanagh       digitalAnsbacher (Cayman)   related  Buildings  Central Bank, Dame Street.

Central Bank figures show almost 50,000 homes may be repossessed

Bank of Ireland rose nearly 1 per cent to close at 35 cent, buoyed by a sector-wide surge in stocks

Dublin’s Iseq underperforms rivals as heavyweights drag index down

First Ireland owns brands like O’Mara’s Irish country cream, Feeney’s Irish cream liqueur and Dubliner Irish whiskey, and sells into 35 markets worldwide.

UK drinks group unveils ambitious plans for First Ireland subsidiary

Jim Woulfe chief chief executive of  Dairygold. Photograph: Matt Kavanagh / Irish Times

State’s largest milk processor unveils plan to increase output by 60% in post-quota era

Aryzta chief executive Owen Killian regularly admits to being haunted by the idea of becoming irrelevant.Photograph:Cyril Byrne

Aryzta buys into upmarket French food group with idea of internationalising brand

Deal values Tullamore-based Carroll Cuisine at €40 million.

CCI fund backs management buyout ofcooked ham specialist

Bank customers will be able to conduct certain transactions at post offices from next month

New name will better fit its global expansion drive, says chief executive

The sector has recovered strongly in recent times  thanks in part to the Government’s special 9 per cent VAT rate.

According to property group CBRE, some 25 hotels worth €500m were sold

Shoppers walk past and look at a board displaying food prices at a shopping mall in central Beijing. Photogrpah: David Gray/Reuters

Economist with Asian Development Bank explains Asia’s new-found spending power

Ireland’s beef trade is the single biggest component of the country’s €10 billion food and drink export business.

Farmers’ groups react angrily to potential impact on beef trade of EU-US trade deal

 Declan Farrell from Bord Bia, Gerry McNally of Irish Country Meats,  Xibin Chen of Heilongjiang Grandfarm Group China, and Wei Chen of China Meat Association. Photograph: Finbarr O’Rourke

Top meat industry official says demand for beef will only get stronger as incomes rise

Shia Muslim rebels hold up their weapons during a rally against air strikes in Sanaa, Yemen, on Thursday. Oil prices jumped around the world after Saudi Arabia and its allies carried out the strikes. Photograph: Khaled Abdullah/Reuters

Iseq index of shares fall 1.6% to 5,994 points in line with other European bourses

Simon Coveney said the Irish beef industry is already very engaged on the ground in China Photograph: Eric Luke/The Irish Times

Minister also says he expects Irish producers to be selling beef into China by the autumn

Official figures show the State’s milk supply was more than 5 per cent over-quota at the end of February  Photograph: AFP/Getty Images

With Europe’s quota regime ending this month, farmers have been ramping up production

Realex founder and chief executive  Colm Lyon. Realex can lay claim to being one of the few truly indigenous tech companies to make it big. Photograph: Brendan Lyon/Image Bureau

E-payments game turns gold for Realex boss Colm Lyon

The Realex payments management team:  Paul Davey, chief financial officer; Gary Conroy, chief operating officer; Andrew Yoakley, head of business development; Morgan Hammersley, chief information officer; Colm Lyon, chief executive and founder; Ciarán Cassidy, head of product management and Owen O Byrne, chief product architect. Photograph: Brendan Lyon/ImageBureau

Irish-founded payment company is being sold to US giant Global Payments

February CSO figures show residential prices down 0.4% nationally, 0.7% in Dublin

ISIF director Eugene O’Callaghan said the €50 million investment was consistent with the fund’s “double bottom line” mandate to seek both a commercial investment return and a significant economic impact from the investments it makes. Photograph; Dara Mac Dónaill/The Irish Times

Ireland Strategic Investment Fund’s investment is first since it was set up last year

Figures from Central Bank show repayments are continuing to outpace new lending

A TTIP deal could encompass almost half the global economy, potentially generating €92 billion in added output for the EU and US.

IFA launches position paper on transatlantic trade negotiations

Financial centre: Dublin still plays host to a huge funds industry, with the value of Irish-domiciled funds put at €1.3 trillion. Photograph: Frank Miller

Latest Global Financial Centres Index ranks Dublin 52nd out of 82

 Shareholders voted to retain chief executive Brian O’Cathain (above) at a shareholders’ meeting last month.

Explorer unveils changes in wake of showdown with Worldview

Figures from the Central Statistics Office (CSO) show the Dublin region had the highest average disposable income in per person in 2012. Photograph: Julien Behal/PA Wire

CSO figures also show Dublin accounted for 42% of the State’s total GDP in 2012

The Kingfisher well, Block 3A, jointly owned by Tullow Oil Plc and Heritage Oil Plc, sits at the Lake Albert Rift Basin, in Uganda. Photograph: Bloomberg

Oil firm is in the middle of major cost-cutting drive in wake of falling oil prices

Minister Coveney is joined at the official launch of Irish beef on the US market by two-star Michelin chef, Paris-based Jean Paul Jeunet, and Dublin-born Cathal Armstrong

Farmers’ association says real value is in lucrative mince market

Nevin Institute warned the Government’s narrative of recovery was masking sharp regional differences. Photograph: Frank Miller/Irish Times

Department hits out at report suggesting recovery only taking hold in capital and surrounding area

French Prime Minister Manuel Valls  and European Commission President Jean-Claude Juncker at the EU Commission headquarters in Brussels on Wednesday. Photograph: Yves Herman/Reuters.

Ireland has a transparent tax system and co-operated with EU over last 18 months

International Financial Services Centre: economic recovery is almost exclusively concentrated around Dublin and its hinterland, with stagnation and decline persisting in most other regions, according to a report by the Nevin Economic Research Institute. Photograph: Bryan O’Brien

Nevin Economic Research Institute says recovery narrative masks regional differences

 UK chancellor of the exchequer George Osborne holds the dispatch box containing the 2015 budget outside 11 Downing Street in London yesterday. He has proposed a 25 per cent  tax to tackle brass-plate operations that “lack economic substance”, with the aim of raising £25 million (€34.47 million) in its first year. Photograph: Chris Ratcliffe/Bloomberg

New penalty tax on artificial shifting of profits abroad to become law this month

While milk prices have steadied in the first quarter of 2015, they are still some way off their peak.  Photograph: Nigel Marple/Reuters

Irish dairy farmers will have to surf turbulent times to exploit long-term growth

Retailers claims they have suffered a fall-off in lotto sales since the transition to a new technology. Photograph: Dara Mac Donaill / The Irish Times

Private operator hints at future plans and defends franchise against recent criticism

Despite February’s drop, the underlying trend in Irish consumer sentiment remains positive. Photograph: David Sleator

Latest latest KBC Bank/ESRI Consumer Sentiment Index falls in February

Currently, the Irish electricity market is one dominated by a single firm, the ESB, whose impact is minimised through regulation. Photograph: Andrew Milligan/PA Wire

ESRI says proposed changes to market will make costs and prices less transparent

The Agent Council said while there had been teething problems with the lottery’s new technology platform, the issues were being exaggerated.

War of words as Lotto officials prepare for Oireachtas showdown

Management buyout: Carlyle Cardinal Ireland is understood to be backing a management buyout of Tullamore-based Carroll Cuisine from Swiss-Irish food giant Aryzta.

MBO deal values Tullamore-based company at up to €50m

Irish pharmaceuticals group says it raised the capital through new and existing investors

Operating in Ireland since 1989, Northern Trust provides asset and fund administration services to businesses and individuals.

Group's second major expansion in recent years will bring Limerick workforce to over 1,000

Robert Watt, secretary general of the Department of Public Expenditure and Reform. Photograph: Frank Miller /	Irish Times

Secretary general of the Department of Public Expenditure issues warning to unions

Franchise confirms a portion of its retail network was knocked out for two hours

SDLP leader Dr Alasdair McDonnell said the so-called ‘Brexit’ possibility transcended traditional divisions on the islands

Speakers voice concern over Brexit at annual British-Irish chamber of commerce conference

Latest CSO numbers show monthly sales fell when motor trades are excluded, however

The new posts are across all functions including customer experience, human resources, finance, trust and safety and IT

Company has its European headquarters in Ringsend

Eircom directors pictured at the company’s last agm. The company said on Friday its broadband customer base rose by 30,000 over second half of 2014.

Telecoms company sees fixed line access decline by 22,000 in second half of 2014

Nick Ashmore, CEO of Strategic Banking Corporation of Ireland. Photograph: Dara Mac Dónaill / The Irish Times

Backed by Euro bucks, the SBCI is Ireland’s big bid to get banks lending to businesses. It’s boss says they’ll be watching closely(...)

Ryanair: the low-cost carrier saw its shares fall 7 cent to €9.96, which was roughly in line with other airline stocks. Photograph: Andy Rain/EPA

Dublin’s Iseq index underperforms European bourses but remains positive

CSO figures show average weekly earnings, rose in most sectors of the economy last year

The report by Community Foundation for Ireland found public transport services were  a top priority, followed by the quality of education, walking, early childhood development, mobility and transport for older people, literacy levels and the affordability of everyday life. Photograph: Cyril Byrne

‘Vital Signs’ report suggests people are most unhappy with housing

The research suggests those in the middle suffered the greatest contraction in wealth as a result of the downturn.

Research paper partly upholds squeezed middle theory

 Kingspan chief executive Gene Murtagh: “I would say that we are done with large-scale acquisitions for the time being. There is a lot of integration involved in those two transactions, that will be our priority.”     Photograph: Alan Betson/The Irish Times

Group to spend about €60m this year on capital projects, less than half of last year

An architect’s drawing of the proposed €850 million Apple data centre Athenry, Co Galway.

Athenry facility, to be operational in 2017, will help run its online services like iTunes and maps

Kingspan’s chief executive Gene Murtagh said conditions in our core markets are improving. Photograph: Alan Betson / The Irish Times

Building materials group says Irish market is gradually rebuilding itself after crash

Central Bank governor Patrick Honohan , said he was surprised at the lack of  consultation. Photograph: Cyril Byrne / Irish Times

Letter followed announcement of initiative to aid first-time buyers with their deposits

Research was based on data from Community Innovation Survey data over the period between 2004 and 2008.   Photograph: Danny Lawson/PA Wire

ESRI-backed research finds correlation between internationalisation and productivity

Ryanair put in another strong performance, on back of steady volumes, closing the day 29 cent or 3.3 per cent up at €9.96 following a sector-wide trend. Photograph: Robin Townsend/EPA

Investors remain wary after Germany rejects Greek proposal to extend its bailout

One of the main drivers behind the negative price growth was a 2.4 per cent fall in the price of food

Inflation sinks to -0.6% on falling oil prices, raising fresh fears of prolonged deflation

Minister for Finance Michael Noonan has welcomed the decision by AIB to match the discount offered on the €200 million that the bank is drawing down from the SBCI

State-backed bank will channel €400m into sector via AIB and BoI

State agency says payment reflects improved outlook for repaying its senior debt

Secondary-school  teachers protest outside the gates of Newpark Comprehensive school, Blackrock in March last year.

CSO figures show disputes in education sector accounted for over half of days lost

Department of Finance seeks submission on impact of using tax to address housing shortage

Survey by Pallas Foods published to coincide with 3-day food service industry event

Brian O’Cathain chief executive Petroceltic. Photograph: Matt Kavanagh

Explorer is trying to fend off moves to oust its chief executive Brian O’Cathain

Latest CSO figures underscore role of big pharma in Irish economy

Luck of the draw: last week’s Lotto was postponed after a glitch

Systems crash has led people to ask if it was right to privatise the National Lottery franchise

Latest data show split mortgages are second most popular restructuring option

“To a degree Ireland has managed to persuade people to locate activities in the IFSC here in Dublin, which are satellite activities for things that are going on in London”

Colm McCarthy describes prospect of Britain leaving the EU as ‘remote but not entirely unlikely’

Worldview blames Petroceltic chief executive Brian O’Cathain for a string of alleged corporate governance failures. Photograph: Eric Luke/Irish Times

Swiss investment group calls on shareholders to oust chief executive Brian O’Cathain

 National Lottery machine.Photograph: Dara Mac Dónaill / The Irish Times

Newly installed lottery regulator requests report on issues which forced postponement

Lakeland Dairies

Investment, which creates 81 jobs, comes ahead of abolition of milk quotas

Simon Coveney, Minister for Agriculture: “This visit to the US represents a huge opportunity to promote Irish beef in one of the most valuable markets in the world.” Photograph: Inpho/Dan Sheridan

Minister plans to build on Ireland’s ‘first-mover’ advantage in market

Central Bank publishes first Consumer Protection Outlook report

Manufacturing at the Combilift Forklifts. Photograph: Dave Sleator/Irish Times

Combilif to unveil plans for new €40 million plant to be built near the Monaghan bypass

Premier Lotteries Ireland was already under fire over the roll-out of new technology before it was forced to cancel Wednesday’s draw. Photograph: Dara Mac Dónaill

Company faces serious reputational damage if it does not fix situation quickly

Technical problems forced the cancellation of Wednesday night’s weekly lotto draw, which had a jackpot of almost €10m

Problems that forced the Lotto to be moved to Thursday have proven lucky for one ticket holder

The National Lottery said at least 3,500 agents across its retail network had been left without  service

Midweek draw will be held tonight because of outage which downed terminals

Minister for Agriculture, Food and the Marine, Simon Coveney,  today announced a €10 million plan to upgrade Teagasc’s food technology plant in Fermoy, Co Cork. Photograph: Alan Betson/The Irish Times

Investment by Government and industry to position Ireland as a world leader in dairy innovation

The median LTV ratio for Irish owner-occupier mortgage holders was found to be 72.9 per cent, nearly twice the euro zone equivalent

CSO survey graphically illustrates the plight of Ireland’s squeezed middle

Company which employs 2,000 staff here, says its underlying revenue was flat for quarter

Michael Carvill , managing director Kenmare Resources. Photograph: Bryan O’Brien/Irish Times

Exploration company has been hit by the fall in commodity prices

More articles