Ryanair, Aryzta and ‘serious’ viability concerns for regional developments

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Micahel O’Flynn: I would be concerned about the regions... I think the regions are really struggling and I think the regions in this country need special attention otherwise we will have two Irelands.

Micahel O’Flynn: I would be concerned about the regions... I think the regions are really struggling and I think the regions in this country need special attention otherwise we will have two Irelands.

 

Ryanair has told administrators managing the bankruptcy of Italian airline Alitalia that it is withdrawing from the bidding to “eliminate all management distractions” - of which there have been a few of late. Barry O’Halloran reports.

Swiss-Irish baked goods group Aryzta has put Irish company La Rousse Foods on the market, as it tries to reduce its debt. It only bought La Rousse in 2015. Joe Brennan reports.

Rising digital revenues helped offset falling print sales and advertising revenues at the company behind The Irish Times in 2016. Mark Paul reports.

Cork-based developer Michael O’Flynn says there are “serious” viability issues for property developments outside Dublin. “I think the regions in this country need special attention,” he tells The Irish Times.

Developer Marlet has begun work on a high-profile site at Lime Street and Sir John Rogerson’s Quay in Dublin’s docklands that will hold offices and 100 apartments. It once housed the Irish Steam Packet Company.

In our Thursday technology coverage, John Holden gives us eight reasons why being able to write code for computers will become even more of a highly prized skill in future.

And lecturer, solicitor and chair of Digital Rights Ireland TJ McIntyre writes in our weekly Net Results column about the trust squandered by the State on the issue of the public services card. McIntyre says the affair exemplified a systematic disregard for privacy and data protection.

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Laura Slattery

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