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John McManus

John McManus

Business Editor

John McManus is the Business Editor of the Irish Times and has been writing and commenting on business for 20 years. He is responsible for The Irish Times’ business, financial and economic coverage both in print and online. He writes a weekly column dealing with topical issues.

The IMF’s Ajai Chopra at a troika press conference following a review of Ireland’s programme in late 2011. “It would appear from recent comments that the troika won the day and the banks will be stress-tested in the autumn.” Photograph: Alan Betson
The simple truth is that Irish banks need more capital

Politicians by their nature tend to be optimists, but without functioning banks it is hard to see how we can have growth

Nama-isation was and remains Paddy McKillen’s worst nightmare. Photograph: Max Nash/PA Wire
Does McKillen protest too much over Nama?

Developer alleges ‘sustained strategy’ against him by Nama and Department of Finance

The insurance industry has remained so quiet about the proposed measures that its bête noire, Dorothea Dowling, best known as the chairwoman of the Motor Insurance Advisory Board, believes the industry may have a vested interest in seeing awards rise. Photograph: Matt Kavanagh
Insurers strangely quiet on plan to raise award limits

By the Government’s admission the proposed measures will potentially increase insurance costs

“Should Matthew Elderfield land a big and well-paid job at Lloyds there will no doubt be some who will begrudge him his success and point out that he has not finished the job he started.” Photograph: Alan Betson
Matthew Elderfield may have timed his exit to perfection

Much will hinge on the search for a new financial regulator

Muldoon alert on likely €25bn of impaired SME debt breaches recovery consensus

Need for focus on scale of problem and whether banks will need more funds to fix it

Fiona Muldoon, the director of credit institution supervision at the Central Bank. Photograph: Cyril Byrne
Half of small business debt is impaired, says regulator

Progress in resolving problem unacceptable, says Fiona Muldoon of the Central Bank

Skirmishes switch off lights on cohesive, long-term energy policy for Ireland

Parish pump politics is threatening our gas, oil and electricity security

Elderfield wields big stick at banks over mortgage debt

The robust approach of the Central Bank’s deputy governor tells its own tale of the banks’ reluctance to confront the losses in th(...)

Foolish to expect too much from IMF ‘bigging up’ State

Substantive power for key decisions rests with other members of the troika

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Activist investor Carl Icahn (above) and major stakeholder Southeastern Asset Management dismiss Michael Dell’s go-private deal for Dell as too cheap for a company trying to become a major provider of enterprise computing. Photograph: Chad Batka/The New York Times Dell’s profit dives as billionaire battle rages on