A view of the Carlisle Grounds, home to Bray Wanderers. Photograph: James Crombie/Inpho

Company says it will not acquire Carlisle Grounds unless another location is found

The Carlisle Grounds belong to Wicklow County Council. The club has a lease up to 2036 at a minimal annual rent, which requires that the grounds are used for soccer games. Photograph: Donall Farmer/INPHO

Co Wicklow soccer club’s new owners say they have invested €50,000, with a further €200,000 needed to put it on a sound footing

 Joe O’Reilly: said he understood why public might feel bitter about  bailing out developers. Photograph: Eric Luke

Property developer expects his loans of more than €2bn to be sold in Project Jewel sale

Barclays declined to comment on a report it was set to deepen job cuts. Photograph: Lewis Stickley/PA Wire

S&P upgrade nudges Bank of Ireland into territory not achieved since financial crisis

Bank of Ireland was upgraded one notch to BBB-/A-3, the lowest of the so-called investment grades. File photograph: Bryan O’Brien

BoI becomes first Irish bank to be raised to investment grade since financial crisis

Ian Coulter: circumstances of departure reported to the Law Society of Northern Ireland, according to Tughans

Former managing partner departed law firm in January amid surprise but little explanation

The website of Cerberus Capital Management, which states the private equity firm has some $25 billion (€22.5 billion) in assets under management.

Private equity firm ‘deeply troubled’ over allegations made in Dáil by Mick Wallace

Well-known Belfast law firm Tughans said Ian Coulter (above) was involved in the sale by Nama last year of a portfolio of loans with a nominal value of €5.7 billion, which were sold for €1.6 billion.

Leading NI business figure left law firm in dispute over fees related to portfolio sale

Brian Rowntree and Frank Cushnahan  were  appointed to the Nama advisory committee for Northern Ireland. Photograph: The Irish Times

Brian Rowntree and Frank Cushnahan have held important public positions in the North

Mick Wallace speaking in the Dáil on Thursday

Ian Coulter named as partner who left Belfast law firm after ‘diverted’ fees were found

Ireland Strategic Investment Fund director Eugene O Callaghan. Photo: Cyril Byrne/THE IRISH TIMES

Investment this year could bring total committed to €2.5 bn in bid to boost economy

Gulnara Karimova, eldest daughter of Uzbekistan’s president Islam Karimov: in 2014, Swiss authorities said they had frozen more than $900 million in assets linked to her as part of an investigation into corruption in Uzbekistan. Photograph: Muhammad Sharif/AFP/Getty Images

Money sought amid wider investigation into $500m Russian payments in Uzbekistan

Greece’s prime minister Alexis Tsipras: mounting concerns about the country resulted in US and European stocks falling. Photograph: Kostas Tsironis/Bloomberg

Travel and leisure stocks hit hard by events in holiday destinations Greece and Tunisia

Michael Lowry (centre) with Mar Kare Gustad of Telenor Mobile, Noway, and Denis O’Brien (right), in 1995.  O’Brien plans to float Digicel in New York. Photograph: Eric Luke

Planned Digicel IPO not O’Brien’s first

Demographic trends indicate that a sharp rise in demand for nursing home space is coming down the tracks

The cost of not looking after our ageing population properly will ultimately cost the State even more

It is understood businessman Noel Smyth will tell officials from Mandate and Siptu that Fitzwilliam’s plans for Arnotts include the continued operation of the department store as an independent retailer

Fitzwilliam Finance Partners took control of store earlier this year

Computer generated image of proposal: US company Covanta is to spend €500m on the Poolbeg incinerator, with another €100m coming from the four Dublin local authorities

Company backing project similar in structure to Luxleaks firms

The use of Luxembourg by multinationals to reduce their taxable profits in other jurisdictions, mostly by generating interest charges outside the duchy, while not generating mirroring taxable profits in Luxembourg, is the subject of ongoing political debate within the European Union.

Companies appear similar in structure to those firms in the ‘Luxleaks’ controversy

  Artist’s impression of Chartered Land’s  redevelopment of the former Carlton Cinema site on O’Connell Street, Dubli.  Photograph: Chartered Land /PA Wire

The loss of the store is a blow to O’Connell Street, but things have been improving

Businessman Sean Quinn. The Quinn family is understood to be hopeful that a process overseen by the High Court will have a greater chance of success than contacts that took place earlier this year

High Court mediation will ‘depoliticise’ multibillion-euro dispute

Deirdre Foley: Natrium is 20 per cent owned by the Dublin property investor

Company a joint venture between Foley and London investment and hedge fund business

Crewlink Ireland, which is involved mostly in providing cabin crew staff to Ryanair, produced a pretax loss of €17,416 in 2014, though the accounts show major transactions with related companies which have yet to file accounts. Photograph: Ian Waldie/Getty Images

Wicklow-based recruitment agency mostly provides cabin crew staff to Ryanair

Home turf: Shelbourne are looking to offload their Tolka Park grounds as one way of paying off their huge debts. Photograph: James Crombie/Inpho

Many in the game feel that the FAI should be doing a lot more to help indebted teams

Pascal Saint-Amans, director of the Centre for Tax Policy and Administration at the OECD, addressing a meeting in the Mansion House via Skype last year.

OECD propose country-by-country reports on their financial affairs

John Delaney said the compensation was agreed on the basis of Fifa’s “real concerns” over the strength of the FAI’s legal claim. Photograph: Inpho

Legal claim based on seedings and Blatter’s mockery, says FAI chief executive

Independent TD Catherine Murphy. Ms Murphy sparked an incident earlier this week when, using Dáil privilege,  she said had received information that businessman Denis O’Brien was paying a rate of about 1.25 per cent on his massive loans from IBRC and that this rate represented a ‘subsidy’. Photograph: Cyril Byrne

Denis O’Brien incident has impacted debate over how much the public is entitled to know

Michael O’Leary of Ryanair: airline’s stock rose 1.22 per cent to €11.64. Photograph: Niall Carson/PA Wire

Strong day for CRH, Datalex, Ryanair and ICG, while Aryzta and Smurfit Kappa fall

The report identified 787,343 undetected potentially fraudulent tax returns prompting tax “refunds” totalling more than $2.1 billion for 2012. Photograph: Chris Radburn/PA Wire

Kilkenny address used for 580 returns, which led to almost $219,000 in ‘refunds’

Alain Lamassoure, the chairman of the European Parliament’s special committee on tax rulings: the committee plans to have its suggestions ready for throwing into the ring around October. Photograph: Brenda Fitzsimons

Parliament’s tax committee will have suggestions ready by the end of the year

Chairman Stephen Jenkins said Circle had increased its reserves and production in both Morocco and Egypt, despite robust production in Egypt and record production in Morocco.

Limerick plc to drill three new wells in Egypt

In Dublin, Aer Lingus ended the day at €2.44, a rise of 0.37 per cent. Photograph: Paul Faith/AFP/Getty Images

Aer Lingus and Ryanair both up while Iseq index records slight fall of 0.12 per cent

Alain Lamassoure, chairman of the EU committee on taxation: ‘candid and frank’ exchange of views with Michael Noonan. Photograph: John Thys/AFP/Getty Images

Taxation committee chair Lamassoure says ‘double Irish’ tax arrangement is not transparent

Kel-Tech Engineering Waterford Ltd’s directors said that during the year to the end of June 2014 the company continued to invest heavily in marketing, producing a modest increase in turnover.

Waterford-based engineering firm expects growth to continue

Lone Star’s acquisition of Jurys Inns Group for €911 million was among the biggest first-quarter deals. Photograph: Alan Betson

M&A upwards trend in first quarter to continue, says Investec

Celestial Green, which generates what it calls carbon benefits from avoided deforestation in the Amazonia region of Brazil, had a shareholders’ deficit of €278,198 at the end of 2013. Photograph: Mario Tama/Getty Images

Company posts profit of €1.6m in 2013, after €1m loss in 2012

The ABP Group, one of Europe’s largest beef processing businesses, is headquartered in Ardee, Co Louth, and has operating plants in Ireland, the UK, Poland, the Netherlands, Denmark, Austria and Spain

Luxembourg firm Silverbirch Investments has posted accounts up from €159m

Bank of Ireland closed at €0.35, down 2.47 per cent, while Permanent TSB, which was recently floated on the main market, fell 5.83 per cent, to €4.20. Photograph: Niall Carson/PA Wire

Move from Emirates National Oil to buy out minority shareholders lifts Dragon Oil

In Dublin, Aer Lingus stock was up slightly but Ryanair fell by 1.8% as speculation about an IAG bid returns. Photograph: Eric Luke

Dollar bounces back from four-month low while S&P 500 reaches new all-time high

Paul Moore, former head of group regulatory risk at HBOS, says he warned the bank about excessive risk in the early 2000s – and was fired for it. Photograph: Jeff J Mitchell/Getty Images

Former HBOS risk expert says ‘wrong’ people often at top in corporations

Larry Goodman: the Goodman Family Trust has an investment in a company set up to take part in a joint venture with West Star Exploration, in Oklahoma. Photograph: Cyril Byrne

Project ended up in US court over dispute with exploration partner West Star

Larry Goodman: said the group pays substantial millions in corporation taxes on the profits earned and is tax compliant in all jurisdictions in which it operates.

Review to look at international structure for possible tax implications

Larry Goodman: his business empire involves myriad companies, many of which are unlimited and do not publish accounts, in Ireland, the UK, Jersey, the Netherlands and Luxembourg. Often ownership goes from Co Louth to the UK to Jersey and back to Co Louth.  Photograph: Alan Betson

Luxembourg decisions the latest key chapter in the beef baron’s portfolio

Dropbox website image: the move to handle income in Ireland will bring back into focus the controversial role played by Ireland in the tax affairs of US multinationals

Income from many clients will be booked in Ireland where corporation tax is much lower

Permanent TSB was the most active share on the Dublin market, with almost 21 million shares changing hands on what was the first official trading day for the stock

EU slashes growth predictions for Greece from 2.5 per cent to 0.5 per cent

The Global Partners Investment Fund bought ownership rights to 60 per cent of the Skra sports complex (above) in central Warsaw, with a view to building a new sports arena, along with other structures, on the site. The Skra sports complex in central Warsaw

Irish businessman Michael Holland accuses Warsaw authorities of ‘conspiring to confiscate’ investment property

Larrry Goodman. Luxembourg filings give an unprecedented insight into the scale of the 77-year-old’s business empire. Photograph: Alan Betson

Luxembourg-based part-owner of ABP paid almost no tax on €52.6m in year to end of March 2013

Larry Goodman. Luxembourg company Parlesse Investments Sarl has shares in, and loans out to, a range of Mr Goodman’s businesses. Photograph: Eamonn Farrell/Photocall Ireland

Company accounts provide insight into Parlesse Investments

Wexford developer Alan Hynes said the people concerned were ‘white collar investors’, such as dentists, accountants and solicitors. ‘There’s one judge as well.’ Photograph: Aidan Crawley

Court told a judge is among 45 investors in Dundrum development

Ibec head of policy and chief economist Fergal O’Brien and chief executive Danny McCoy: despite  economic growth, the employers’ group has  warned that the Government still has limited room to manoeuvre on the fiscal front. Photograph: Dara Mac Dónaill/The Irish Times

Quantitative easing, exchange rates and oil prices are behind boost for the economy

Smurfit Kappa chief executive Gary McGann: there is continued media speculation about a potential bid from rival International Paper. Photograph: Bryan O’Brien

Directors said to be frustrated by rumours of €8.3bn approach from International Paper

The  company had no employees during 2013 but had“financial fixed assets” of €560 million.

Multinational warns shareholders OECD tax base erosion project may hit profit

Alan Hynes: the loan collateral includes €3.6m personal guarantee Hynes signed with Ulster Bank. Photograph: Eric Luke / THE IRISH TIMES

Wexford accountant attempting to buy loans from US investor group Lone Star

Seán Quinn: His family family is claiming the loan securities used to seize the Quinn Group were not legally sound. Photograph: The Irish Times

Political factors not to influence Quinn talks with IBRC liquidators, according to source

John McCartin and Seán Quinn enjoying  a drink when Mr Quinn returned to his HQ. Mr McCartin is a non-executive director of Quinn Industrial Holdings. Photograph: Lorraine Teevan

John McCartin says he has not made up his mind yet

There was little by way of market news on the Dublin market yesterday though Ryanair fell 1.4 per cent, to €10.94

Exchequer returns show tax payments in first quarter 5.5% ahead of target

Christmas drinks: Seán Quinn, who emerged from bankruptcy in January, is back using his old Quinn Group office in Derrylin, Co Fermanagh. Photograph: Lorraine Teevan

Noonan aware of discussions between Quinn and liquidators

Michael Fingleton: The joint special liquidators of IBRC have said they intend to continue with the bank’s legal action against the former chief executive of Irish Nationwide

Bank has settled its action against former directors of the building society

Nobel Prize winner Robert Schiller says part of the reason for bubbles lies in the optimism that builds up during a period of well-founded growth. Photograph: Pascal Le Segretain/Getty Images

Cause of crisis lies as much in psychological phenomena as in bankers’ behaviour

The action by the special liquidators to the IBRC had alleged breach of contract, breach of fiduciary duty, and breach of duty of care against the members of Irish Nationwide’s  former board. Photograph: Alan Betson / The Irish Times

Resolution involves financial settlement being paid to corporation

Moderation in prices does not mark period of sustained decline, says Conall MacCoille

The Quinn family is taking a multibillion-euro suit against Irish Bank Resolution Corporation, now in liquidation, seeking damages arising from the bank’s seizure of the family’s assets

Report of talks at ‘advanced stage’ with Quinn family denied

Accountant Alan Hynes: the Chartered Accountants Ireland disciplinary tribunal found he encouraged people to invest in Tuskar Asset Management without properly explaining to them his interest in the project and that he would earn fees from it. Photograph: Eric Luke

Hynes failed to co-operate with liquidator and €3.1m in funds not fully accounted for

Accountant Alan Hynes: a disciplinary tribunal of Chartered Accountants Ireland found he had been in breach of codes of ethics and principles guiding the profession in relation to, among other matters, integrity, competence and truthfulness. Photograph: Eric Luke

Alan Hynes found to be involved in multiple breaches of codes of ethics and principles

 Multiple findings of professional misconduct have been made against Wexford accountant Alan Hynes by a disciplinary tribunal of Chartered Accountants Ireland. Photo: Eric Luke/The Irish Times

Tribunal found Wexford accountant had been in breach of codes of ethics

Developer Bernard McNamara (right):  Longboat Quay,  built by a company once owned by Mr McNamara, has  been found to have serious defects. Photograph: Frank Miller

Third parties may be pursued over major defects found in McNamara schemes

The Dublin Docklands Development Authority said the sale of a building in the Dublin docks to U2 in 2013 was at a fair market price. Photo: Reuters

Dublin Docklands Development Authority sold 18 Hanover Quay to U2 for €450K

HSBC has told the Dail Committee on Public Accounts that it will not be coming before it to discuss the bank’s apparent role in the facilitation of tax evasion through its Swiss branch. Photo: Reuters

Committee wanted to hear from bank in wake of the so-called Swiss Leaks disclosures

The hospital group recorded an exceptional gain during 2013 of €7.8 million arising from the decision to close the private hospital’s defined benefit pension scheme

Group made €3.2 million profit in 2013, up from €10.8 million loss in 2012

The MetLife  headquarters building  in New York. MetLife Inc is the biggest US life insurer. Photograph: Scott Eells/Bloomberg

Loans were issued to global real estate investment business Kennedy Wilson

A queue for jobseekers’ payments in Dublin. Irish output remains 4% below the pre-crisis peak, unemployment is high and unit labour-cost inflation remains negative. Photograph: Aidan Crawley

Sinn Féin cited as main risk to domestic recovery, says firm’s top European economist

Senior European economist with Goldman Sachs Kevin Daly said The likely make-up of the next government remained “highly uncertain”.

Top Goldman Sachs expert: Biggest risk in our view provided by political events in State

The Peugeot concept car Quartz at the Geneva International Motor Show. Car-makers led declines in European markets today, with Peugeot sliding 5.9 per cent. Photograph: Sandro Campardo/EPA

In Dublin, concern CRH purchase of Holcim-Lefarge assets might not happen

An artist’s impression of the Al-Wakrah stadium complex. Photograph: Getty Images

Sepam Qatar, criticised for its visa regime, is in a row with a food supplier

Khalifa Stadium in Doha which is undergoing complete renovation in preparation to host some of the matches for the 2022 World Cup in Qatar. Photograph: AFP/Getty Images

Firm founded by Gus Kearney in 1976 and is an engineering and construction business

Jim Mansfield jnr: considering trying to bring a case to the European Court of Human Rights alleging that he and his family were illegally deprived of €1.15 billion in assets. Photograph: Courts Collins

Irish authorities involved in ‘dark games’, according to late property developer’s son

Jim Mansfield jnr: lost his appeal against a €6.3 million judgment. Photograph: Collins

In the past 13 months he has experienced the death of his father – the Citywest developer – alleged security scares, and court app(...)

Mircosoft offices in Sandyford, Dublin: company is part of a “double Irish” structure involving Microsoft companies that are tax resident in Bermuda. Photograph: Jason Clarke Photography

Irish headquarters of company records$17.9bn ‘administrative expenses’ in 2014

Commissioner Niall Cody.Photograph: Eric Luke / The Irish Times

Revenue sought assistance to bring some of those named in leaked bank files before Irish courts

US Federal Reserve chairwoman Janet Yellen during a hearing of the house financial services committee on Capitol Hill today. Photograph: Brendan Smialowski/AFP/Getty Images

Glanbia results please markets after fifth consecutive year of double-digit growth

Christopher Keegan of Kaph on Drury Street said that 90 per cent of his customers  pay with cash. Picture Nick Bradshaw

New regime includes 50% increase in coin-handling charges

‘A number of countries (France, Belgium and Argentina) have decided to have a go at securing criminal prosecutions against HSBC Geneva on the back of the files stolen from the bank by a then employee in 2006 and 2007.’ Photograph:  Harold Cunningham/Getty Images

Opinion: ‘When the EU introduced the European Savings Directive in 2005, in an effort to clamp down on tax evasion by EU citizens,(...)

The amount of money linked to Ireland in the leaked HSBC files is inflated by the International Financial Services Centre in Dublin. Photograph: Bryan O’Brien

$3.5bn held in accounts linked to Republic, analysis of HSBC files finds

Belgian prosecutors said they may step up their part of a global investigation if their request for HSBC to volunteer information fails to yield results. Photograph: Harold Cunningham/Getty Images

Prosecutors may step up part in global inquiry if request for information fails to yield results

HSBC’s Swiss banking arm helped customers avoid taxes and hide millions of dollars,  a report has found. Photograph: Fabrice Coffrini/AFP/Getty Images

Governments worldwide found it increasingly difficult to justify not taking firmer action against tax evasion

HSBC is the focus of a number of US inquiries. Photograph: AFP/Getty Images

FTSE 100 list slides eight points as HSBC controversy takes toll

The  HSBC  logo seen on a branch in  Switzerland. Photograph: Gianluca Colla/Bloomberg

Retired Crumlin man John Hall also mentioned in leaked HSBC data

Galway economist had account with HSBC in Geneva after working abroad

Bank comes close to admitting its Swiss branch was used to facilitate tax evasion and money laundering, and says its deposits hav(...)

 HSBC Private Bank in Geneva, which held an account belonging to Tralee businessman John Cashell. Photograph: Fabrice Coffrini/AFP/Getty Images

Businessman John Cashell was worried that his account data would make it to Ireland

Aidan O’Brien: features in files given to the Revenue in 2010. Photograph: Lorraine O’Sullivan/©INPHO

Racehorse trainer says matter is now resolved and company fully tax-compliant

From 2009-2013, Switzerland paid €3.6m to Ireland in withholding tax

Former chairman of the Irish tax authority Josephine Feehily: the Revenue Commissioners has recovered €4.55 million since it received data in June 2010. Photograph: Eric Luke

Evidence was deemed insufficient for criminal charges against bank, says ex-tax chairman

David Hodgkinson became chair of AIB

Data on thousands of accounts were taken from Geneva-based bank

The bank’s management admitted that standards were not as they should have been in HSBC Geneva, but claiming that new management is working to improve the culture in the Swiss bank.

International clients include those involved in arms trade and blood diamonds

Adrian Daly, who set up Source Pensions in 2009. Photograph: Eric Luke

Firm was set up in 2009 by its principal shareholder and chief executive, Adrian Daly

Seán Dunne jnr leaving the Employment Appeals Tribunal in Dublin on Thursday. Photograph: Brenda Fitzsimons/The Irish Times

Employment tribunal hears Quinn jnr deny he was in possession of Blackberry phone

Seán Quinn jnr (35) claims he was unfairly dismissed by Quinn Insurance and is entitled to two year’s gross pay. The company disputes the claim. Photograph: Aidan Crawley

Employment Appeals Tribunal reserves judgment

 Sean Quinn junior told an employment appeals tribunal he was currently unemployed but “I believe I am close to recommencing.” Photo: PA Wire

Sean Quinn jr tells employment appeals tribunal he felt victimised

Abridged accounts for EJ King Bar Ltd, Clifden, Co Galway, show it had accumulated profits at the end of February last of €4.2 million, down from €4.5 million at the end of the previous financial year. Photograph: Joe O’Shaughnessy

Companies in EJ King group show varying fortunes

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