Operating profit at Ulster Bank rose by 74 per cent to £80m (€113m)in its second quarter, compared with the prior year, as the bank said on Thursday that it continues to maintain a strong capital and funding position. (Photograph: Alan Betson / The Irish Times)

RBS owned bank says improving economy will lead to further impairment releases

Savers increasingly turned to the prize bond draw to boost their returns amid plummeting deposit rates. However, a low interest environment means the available prize fund has also diminished. Photograph: Julien Behal/PA Wire

State-run fund worth €2.3bn, but low interest rate reduces prize total

Bookmaker Ladbrokes is to retain 144 shops nationwide and continue to employ over 700 people in Ireland following the High Court’s approval of its rescue plan. (Photograph: Aidan Crawley/The Irish Times)

Bookmaker will retain 144 shops nationwide and continue to employ over 700 people

Profits at Trinity Biotech fell by 37 in its second quarter, as the Irish medical diagnostic firm reported a decline in HIV revenues in Africa.

Irish medical diagnostic firm hit by falling sales of HIV products to Africa

Dublin’s skyline in 2007. A new €500m fund hopes to bring the cranes back by lending to residential property developers.(Photograph: Eric Luke/The Irish Times)

State run investment fund joins forces to fund development of up to 11,000 homes in urban areas

The enforcement investigation by the Central Bank identified “significant failures” by both PTSB and its subsidiary company Springboard Mortgages Limited connected to tracker mortgage options and rates. (Photograph: Alan Betson / The Irish Times)

Compensation of some 1,300 mortgage holders to cost bank €76m and it may also face fine

Last summer, Green REIT paid €23 million for the Sun Alliance building on Dawson Street in Dublin city centre. It is planning to replace it with a new modern building twice its size

Cash deals dominate in a sector where lending remains a risky uncertainty

Nama has disputed claims that assets in the controversial €5.7 billion Project Eagle portfolio have risen in value by as much as 20 per cent since they were sold. (Photograph: Cyril Byrne / THE IRISH TIMES)

Agency disputes claims that value of assets in portfolio has risen by 20% since it was sold to US group Cerberus

Ireland’s trade surplus narrowed by €627m in May, on the back of a 5 per cent decline in exports and a corresponding rise in imports. (Photograph: Reuters)

Decline of 5% in exports pushes trade surplus down as CSO includes aircraft leasing data for first time

Source: comsumerhelp.ie

A bill of €160 a year is not unusual if customers don’t look to avoid the fees that banks are levying on them

In a market that had been rising too rapidly, some agents are reporting lower selling prices because of increased housing stock on the market and longer selling times. Photograph: Frank Miller

Central Bank’s tough restrictions on desposits have cooling effect

Inheritance thresholds for a child have plummeted since 2009 but there are ways to avoid or mitigate tax bills

First announced by the Government in the budget in October 2013, free GP care for the under-sixes was seen as the first step in a roll-out of free GP care for all. Photograph: Katarzyna Bialasiewicz/Getty Images/iStockphoto

It is finally going live, but how do you register and how will the scheme work?

 It’s likely the only way rates will fall  to a level enjoyed by our European counterparts – despite the efforts of Government – is if new entrants come in. Photograph: Rui Vieira/PA Wire

With little movement on interest rates, banks are offering other sweeteners

The report supports earlier comments made by Patrick Honohan, the outgoing governor of the Central Bank. Speaking last February at the Trinity Economic Forum, Mr Honohan said first-time house buyers clearly represent a safer prospect for lenders. Photograph: Matt Kavanagh/The Irish Times

Survey of brokers shows new income rules hitting first-time buyers hard

Banks in  periphery countries like Ireland, Italy, Portugal and Spain remain vulnerable in the event of a Greek exit from the EU, ratings agency Moody’s said on Monday. (Photograph: Bryan O’Brien/The Irish Times)

European banks are better prepared for such a scenario but banks in peripheral countries like Ireland remain vulnerable

New Industry Advisory Committee succeeds the old Clearing House Group, a key success factor for development of the IFSC.  Photograph: Bryan O’Brien/THE IRISH TIMES

Industry Advisory Committee, whcih will implement the new IFS2020 strategy, is to meet on Wednesday

JD Wetherspoon, which plans to open 30 bars across Ireland over the next five years, was founded in 1979. It operates more than 900 bars across Britain

Moss Vision announces further 50 positions in Co Roscommon

Dealz, where (almost) everything costs €1.49,  is now selling to some 300,000 customers a week in Ireland. (Photograph: Eric Luke / THE IRISH TIMES)

Discount retailer now selling to 300,000 Irish customers a week as it eyes opening 10 new stores this year

Julie Sinnamon, CEO Enterprise Ireland said that the next generation of seed funds will “create a new platform to support commercialisation of ideas, company establishment and most importantly job creation”. (Photograph: Alan Betson / The Irish Times)

Call for fund managers to leverage EI funding with private investment to invest in start-ups

PwC’s eight new partners.  Pictured with PwC’s incoming senior partner Feargal O’Rourke (centre) are (left to right) Brian Leonard, banking and capital markets; Féilim Harvey, consulting; Andy Banks internal audit; Mary Ruane, asset management; Deirdre McGrath, transaction services; Paul Barrie, assurance; John Murphy, tax and Ronan Finn, transfer pricing.

Professional services firms appoint eight new partners each

 The number of Irish domiciled securitisation vehicles have reached a new high according to figures from the Central Bank. (Photograph: Matt Kavanagh/The Irish Times)

Stabilising market sees Irish vehicles increase share of European market to 23%

A number of Ulster Bank customers in Northern Ireland may find their payments delayed today, Wednesday, after the bank’s parent, Royal Bank of Scotland, reported that 600,000 payments went missing after a technical glitch. (Photograph: Alan Betson / The Irish Times)

Royal Bank of Scotland reports 600,000 payments went missing after a technical glitch

Tickets for the Lotto draw accounted for almost 70 per cent of sales, with the rest accounted for by scratchcards

Sales of €56.8m reflect ‘strong sales’ in scratchcards and Lotto, says operator

Johnson & Johnson Vision Care is to invest over € 100 million in an expansion of its manufacturing operations at its site in Limerick.

Global pharma group to invest €100m in expanded manufacturing operations

Construction workers enjoyed a pay rise in 2014, with their earnings growing by 4.6 per cent from € 36,230 to € 37,884, the largest increase recorded. (Photograph: Krisztian Bocsi/Bloomberg)

Workers saw wages cut by 0.2% to €35,768 but construction workers got pay rise of 4.6%

French company Sidetrade is one of the new companies that came to Dublin in 2014. Pictured at the opening of its new offices are: Minister for Jobs,Enterprise and Innovation Richard Bruton TD (left) picutred with Olivier Novasque CEO Sidetrade Group and Martin Shanahan CEO of IDA Ireland (right). (Photograph: Aidan Crawley/The Irish Times)

City ranks ahead of Paris and San Francisco for greenfield investment

More than eight out of 10 jobseekers would earn at least 40 per cent more in employment than from benefits, research from the ESRI has found. (Photograph: Aidan Crawley/The Irish Times)

Study finds small cohort of families receive more by remaining outside workforce

Most travel insurance policies do not cover smartphones. This means that if you lose or damage your phone, or if it is stolen, you won’t be entitled to any compensation. Photograph: Brent Lewin/Bloomberg

Your policy may not offer everything you expect – so read it closely and follow our guide

D2 co-founder Deirdre Foley. Financier won praise from Derek Quinlan at Quinlan Private.

D2 co-founder trained as an accountant, beginning her career with KPMG in 1992

High-profile duo have participated in a number of major recent restructurings

Bank of Ireland gave up 2 per cent, to close down at €0.35, but Permanent TSB went a little stronger, adding 8 cent, or 1.9 per cent, to close up at €4.33, albeit on not much volume. Photograph: Andy Zakeli

Dragon Oil soars on £3.7bn takeover agreement, up 9.2%, to finish up at €10.08

IDA chief executive Martin Shanahan welcomed today’s announcements. Photograph: Aidan Cawley/Irish Times

New high-level roles created in Dublin, Wexford and Belfast in another “very strong” year for FDI into Ireland

Degiro director Gijs Nagel says that commission charges in Ireland are “excessively high” in comparison to the rest of Europe.

Online Dutch broker is promising to ‘liberate’ Irish investors from high stockbroking charges

A report on London’s financial centre recently revealed that it has the potential to create 40,000 new jobs. Could DUblin also benefit from this? (Photograph: Stefan Rousseau/PA Wire)

Structured arrangement would help IFSC maximise its potential - Brian Hayes

Game Account Network is still confident in the long-term prospects for real-money gaming in the years ahead.

Remuneration falls for CEO Dermot Smurfit jr and CFO Desmond Glass

Short sellers bet that markets will fall, rather than rise. Photograph: Torsten Blackwood/AFP/Getty Images

If you fear a fall in equity prices, you could consider going short – but it’s not for the fainthearted

Stefan Gerlach, deputy governor of the Central Bank of Ireland, said that Ireland should promote “a well-developed rental market as a genuine alternative to ownership, and an attractive investment proposition for potential landlords”. (Photograph: Frank Miller /	THE IRISH TIMES)

Deputy governor says a deeper rental market protects against financial shocks

With government debt per head of $60,000, the Irish carry the second largest debt burden in the world behind Japan – but ahead of (...)

Economist Jim Power said on Wednesday that the Government’s decision to award public sector wage increases is “worrying”. (Photograph: Eric Luke/The Irish Times)

Jim Power calls for a general election by April 2016 and urges government to prioritise economics over politics

Medtronic, which completed its acquisition of Covidien earlier this year, is the  68th largest company in the world, with a market capitalisation of $111m.

Medtronic is in 68th position while Apple is still the world’s most valuable company

The Central Bank is warning investors about an unauthorised investment firm, Robinson Securities LLC. (Photograph: Matt Kavanagh/The Irish Times)

Robinson Securities LLC is not authorised by bank to act

According to Investec’s latest Purchasing Managers’ Index growth in the Irish manufacturing sector increased to 57.1 in May from April’s 55.8 reading, in a sequence of expansion that now runs to two years.( Photograph: Peter Kollanyi/Bloomberg)

Strong sterling to continue to help Irish exports

Pre-tax profits soared by 120 per cent at Newry based First Derivatives, as the financial technology group benefited from three acquisitions it made during the year positioning it for growth in big data. (Photograph:  Newraypics.com)

Stellar year for Newry financial technology provider as revenues soar by 19% and profits reach £17m

Chief executive Owen Killian said the decline in Aryzta’s North America business is expected to continue through Q4. (Photograph:Cyril Byrne / The Irish Times)

Food group is forecasting 5% reduction in full-year underlying EPS

The advantages of being married from a financial and legal perspective may only be evident “once or twice in a lifetime” – but these events tend to have huge financial significance. Photograph: Getty Images/Pixland

Matrimony is a legal contract which gives both parties new rights and obligations

Prices have come down for some things since the boom but the cost of living is still high

All you need to know about applying for benefits, the Habitual Residence Condition, and transferring your pension

The cost of childcare is very high, and competition for school places in many areas is fierce

Returning emigrants may be asked to pay a hefty premium for car insurance, but there can be ways around it

The two-tier private and public system in Ireland could be a bonus or a drawback, depending where you’re moving back from

Rent and house prices have risen considerably, especially in Dublin city

Irish Residential Properties Reit  chief executive David Ehrlich said the investment company would like to build 400-450 apartments on the Rockbrook site in Sandyford, Dublin, which it acquired earlier this year.

Density rules inhibiting development in Dublin, says Irish Residential Properties Reit

Ryanair’s results – with full-year profit  rising 66 per cent to €867 million – sent the stock soaring by as much as 8 per cent, with shares closing up 5 per cent at €11.40. Photograph: Josep Lago/AFP/Getty Images

Impact of airline’s stellar results limited as Iseq gains less than 0.1%

The Marker residences on Grand Canal Square. Ires Reit is currently renting two-bed apartments in the development for upwards of €2,550 a month.

Investment company Ires Reit is reporting strong growth in rents as it targets bank funding of up to €385m

Travellers heading to the US or outside the euro zone will find their trip as much as 20% more expensive

Irish export figures have benefited from a weak euro vis-a-vis the US dollar, but the Irish Exporters Association warned that this may not continue indefinitely. (Photograph: Alexander Zemlianichenko Jr./Bloomberg)

Government should instead develop a proper performance system with bonuses that reward higher productivity and sanctions under-per(...)

Top 1000 companies: 54%   hail from Ireland, accounting for 68% of jobs

Two-thirds of surveyed companies grew sales in last financial year, ‘Irish Times’ report finds

(Photograph: Cyril Byrne / THE IRISH TIMES)

Firm’s payment services could have been used for money laundering and/or terrorist financing Central Bank says

First-time buyers continue to dominate the property market although latest figures show a slow return of property investors .(Photograph: Brenda Fitzsimons / The Irish Times)

Recovery could hit speedbump as figures don’t yet reflect Central Bank lending rules

Datalex chief executive Aidan Brogan. The company said on Tuesday that platform revenues rose by 17 per cent in the first four months of 2015, and it reaffirmed full year earnings growth of 20-25 per cent. (Photograph: Cyril Byrne / THE IRISH TIMES)

Travel software specialist on track as it eyes full-year growth of 20-25%

Looking to 2016, Tommy Breen, chief executive DCC, said on Tuesday that the group anticipates that “both operating profit and adjusted earnings per share from continuing activities will be very significantly ahead of the prior year”. (Photograph: Brenda Fitzsimons / IRISH TIMES)

Operating profits up 10 per cent in results announcement as shares surge 13 per cent

Parents need to be cautious about supporting adult children financially

Fergal and Barry Doyle at Arboretum

Small Business Future ProofBarry & Fergal Doyle, Arboretum, Co Carlow

Bank of America Merrill Lynch’s Dublin operation at Central Park office park in Leopardstown. The bank continues to reduce the scale of its Irish operations. (Photograph: Alan Betson / THE IRISH TIMES)

Scale of Irish operation diminishes as assets fall to just €20bn, headcount falls by a third and bank pays dividend of $4.1bn to U(...)

Paul McNamara (left), chief executive, and John Gallagher, chairman, at the IFG Group annual general meeting in Ballsbridge, Dublin on Tuesday. The group said it is targeting “meaningful profitability” in 2015. (Photograph: Eric Luke / The Irish Times)

Pensions specialist reports growth in revenues and profits in Q1 as it eyes acquisition targets and approves appointment of Deloit(...)

Glanbia’s global performance nutrition division delivered a “good performance”, as revenues increased by 2.2 per cent. (Photograph : Matt Kavanagh / THE IRISH TIMES)

Group forecasts potential full-year EPS growth of over 20% due to exchange rates but is hit by falling dairy and US cheese prices (...)

Colette and Geoff Hall’s holiday home in Donegal: “Maybe it’s because it’s a traditional Irish cottage; people abroad are looking for something that looks Irish,” says Colette Hall, who has been overwhelmed with home exchange inquiries for the property

House swaps are retaining their appeal, but do homework before taking plunge

Telecommunications group said it “performed well” in 2014 but environment remains “challenging”

 The Vintners’ Federation of Ireland is calling for greater supports and “equality” for the self-employed. (Photograph: Aidan Crawley/The Irish Times)

Representative body argues that self-employed pub owners are significantly disadvantaged

The NCH has secured a capital funding allocation of €  6m secured for the restoration of the Kevin Barry Room and other spaces.

Venue secures third highest attendance figures to date as box office sales reach €7m

Green said it has submitted planning applications for the development of 13-17 Dawson Street. It acquired the re-development opportunity last August for €23m. (Photograph: Matt Kavanagh/The Irish Times)

Property investment company has annual rent roll of €55m as it eyes acquisition of Cork’s One Albert Quay

Feargal O’Rourke: “One thing politics did teach me is that if someone looked me in the eye and said, ‘You’ll make a good senior partner’, they probably wouldn’t vote for me.” photograph: eric luke

He comes from one of Ireland’s political dynasties but Feargal O’Rourke took a different path and became a part-owner of Pricewa(...)

Dublin based provider of GPS-based fleet management systems reports strong growth as it forecasts full-year revenues of $281m

The financial position of Irish households is stronger than it has been in some time, with debt levels continuing to fall and dependence on property easing, according to new figures from the Central Bank.

Wealth of Irish households up 33% from 2012, helped by rising property prices

Kennedy Wilson completed  36 lettings at its Vantage apartment development at Central Park in Leopardstown in the quarter, and it continues to “drive rental growth”.(Photograph: Alan Betson / THE IRISH TIMES )

Kennedy Wilson to benefit from rent rise as it targets planning application for Stillorgan Shopping Centre redevelopment by June (...)

In March Hibernia acquired Cumberland House,  a prominent seven storey office building with redevelopment potential.

Acquisition of two properties for €4.5m brings its total investment up to €523m

Kingspan CEO Eugene Murtagh. The insulation specialist reported a “strong start” to 2015 on Thursday morning. (Photograph: Alan Betson / The Irish Times)

Insulation specialist enjoys strong start to the year, particularly in its key markets

All 192 rooms, which cost from €195/week are reserved, at the Montrose Student Residence near UCD> ( Photograph: Frank Miller/The Irish Times)

Student accomodation, which offers penthouses for €280/week, is already booked out for September 2015

AIB’s mortgage rate cut last week is not enough to close the differential with European banks. (Photograph: Cathal McNaughton/Reuters)

SVR campaign seeks 3% cap and will consider running candidates

The Central Bank is warning consumers to be aware that Rosaleen Grier t/a Grier & Associates (Ireland) is not authorised to carry out the services of a debt management firm in Ireland.

Grier & Associates (Ireland) is not authorised by the regulator

CRH reported a “continued recovery in market conditions” in Ireland and said that it is “ well positioned to benefit from the modest growth”. (Photograph: Brenda Fitzsimons/The Irish Times)

Construction giant buoyed by strong US growth as it looks to ’modest growth’ in Ireland

When you open a safety-deposit box, you will be invited to list a number of people who will be allowed to access the box. In the event of your death, if no person is named on your account, the box will form part of your estate

As banks call for safety-deposit boxes to be emptied, private operators are moving in

The high-profile landbank occupied by the Clyde Court and the Ballsbridge hotels in Dublin 4, which is estimated to be worth between €120-150m, seems destined to accommodate 490 apartments as well as a standalone hotel and a range of retail, restaurant and leisure facilities.

Positive Q1 for hotel group as it says it wants to be involved in sale of former Jurys and Berkeley Court sites in Ballsbridge

Initiative gives buyers tax back on savings but not until after conveyancing

Some 20,000 new jobs could be created in the construction sector if the government was to implement a series of measures, the Construction Industry Federation (CIF) said on Monday.

Industry federation is calling for more apprentices in order to boost employment

Fitch said that the European Central Bank’s quantitative easing programme is likely to support home price recovery, “partially offsetting the impact of the new mortgage lending regulation”. (Photograph: Brenda Fitzsimons / The Irish Times)

Ratings agency points to first improvement in arrears in mortgage backed securities since 2005

The Revenue Commissioners collected some €41.4 billion in taxes in 2014, up from €37.9bn in 2013.

More than €40bn collected as Revenue Commissioners embark on recruitment drive to hire 400 people

Jim Mullen, chief executive, said that the group’s decision to seek examinership in Ireland “demonstrates the seriousness of our intent and the speed with which we will execute.”

Examinership in Ireland ‘demonstrates the seriousness of our intent’ CEO says

If you are over 35 and hoping to buy a house, time is not on your side – nor are most of the banks

The Pensions Authority has warned that trustees are putting their members’ financial health in retirement in danger by opting for higher risk investments. (Photograph: Peter Dazeley/Getty)

Pensions regulator warns members over risky investments

Although still off its highs, the Iseq 20 has performed strongly in recent years, and is up by 20.1 per cent so far in 2015. (Photograph: Dara Mac Dónaill/The Irish Times)

Investors can access top 20 Irish stocks for annual fee of 0.49% as WisdomTree takes over Iseq 20

Ronan Murphy, senior partner at PwC, said that the increase in fees was “reflective of our recovering economy, continued investment by FDI and, more recently, greater confidence amongst the SME sector”. Photograph: Maxwells

Fees up 12.3% on 2013, according to figures from Top1000.ie database

Attending the launch of Ulster Bank’s new broker product are (l-r): Karl Deeter, MDC Mortgages Brokers; Jim Ryan, head of branch banking at Ulster Bank; Sean L’Estrange, head of lending and deposits at Ulster Bank; Des Healy, head of intermediary mortgage sales at Ulster Bank, and Trevor Grant, chairman of the Association of Expert Mortgage Advisors. (Photograph: Peter Houlihan, Fennell Photography)

Bank will pay brokers 1% to arrange its mortgages

Giving it back: credit card holders may be in line for compensation payouts of several hundred euro for having been incorrectly sold payment protection insurance

Some 160,000 customers may qualify for credit card insurance refunds

Irish technology firm CarTrawler, which produces car-hire software for airlines and travel agencies , is set to acquire US rival AutoEurope, with a view to creating a transatlantic industry powerhouse. (Photograph: Cyril Byrne / THE IRISH TIMES)

Car-hire software provider is said to be in talks to acquire AutoEurope

So-called “non-doms” can avoid paying tax on their worldwide income in Ireland, thus avoiding the country’s high income and capital gains tax regime

Revenue figures show that just 13 people paid domicile levy of €200,000 in 2013

William Pitt the Younger: introducted of Britain’s first income tax but created the non-domicile regime to allow those with foreign property to shelter it from wartime taxes. Photograph: Edward Gooch/Getty Images

Background: Regime began in UK in 1799 and still applies in Ireland

Labour leader Ed Miliband plans to end the regime that allows those who are resident but not domiciled in the UK to avoid paying tax on their worldwide income. Photograph: Chris Radburn/PA Wire

Leader Ed Miliband pledges to end ‘non-domicile’ tax regime

A very weak euro helped Irish pension funds deliver strong returns in March, as quantitative easing saw the euro fall sharply against all major currencies, helping to offset negative equity markets. (Photograph: Issei Kato/Reuters)

Weak euro helps Irish funds offset negative equity markets

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