Manx companies pay no corporation tax and do not file public accounts with the local authorities, giving them a certain veil of privacy and hence attraction.

Millington, the vehicle that Denis O’Brien used to buy Siteserv for €45 million, was set up in the Isle of Man on December 7th, 2011. The process to s(...)

NTR chief executive Rosheen McGuckian said the company had “done extremely well out of this transaction”. Photograph: Frank Miller/The Irish Times

Rosheen McGuckian, the chief executive of the NTR group, says its board will start work “right away” on a strategy to utilise more than $240 millio(...)

The Central Bank Commission reportedly prefers the option of a 15 per cent mortgage deposit, rising by one per cent each year over the next five years. Photograph: Matt Kavanagh

The Central Bank is considering a five-year run-in for its new 20 per cent mortgage deposit rule, according to the Sunday Independent. The Central (...)

NTR chairman Tom Roche. The agreement ends months of acrimony among shareholders

Ciarán HancockNTR’s three biggest shareholders have reached an agreement to sell the investment company’s wind assets in the United States to be follo(...)

One51 group chief executive Alan Walsh. The group says it has substantial resources available to fund growth and make strategic acquisitions

CHARLIE TAYLORInvestment company One51 has announced pre-tax profits before exceptional items of €3.6 million for the first six months of 2014, compar(...)

Chief executive Rosheen McGuckian said the company was committed to pressing ahead with its plan for investing in EU wind assets. Photograph: Frank Miller

After 2½ hours of rancour at Thursday’s annual general meeting, NTR chairman Tom Roche and his fellow board members can be in no doubt about the disse(...)

Shareholder David Meagher speaking from the floor at the NTR agm: “The assets should be sold and the money should be returned to shareholders.” Photograph: Frank Miller

He might have lost the support of some NTR shareholders recently but chairman Tom Roche has at least retained a certain sense of humour. Just after 10(...)

NTR chairman Tom Roche at the company’s agm in Dublin yesterday. Photograph: Frank Miller

NTR has secured “framework debt packages of €100 million” for its plan to invest in 150 megawatts of wind assets in Europe, its chairman Tom Roche tol(...)

The board of NTR, which is chaired by Tom Roche, has come under pressure to sell its wind assets in the US. Photograph: Matt Kavanagh

Halloween might still be some weeks away but we can expect fireworks this morning at NTR’s annual meeting in the Conrad Hotel in Dublin as disgruntled(...)

NTR chairman Tom Roche

A draft plan to radically restructure unlisted investment group NTR was agreed by its three major shareholders and presented to the company’s senior (...)