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Computer-generated image of the proposed apartment block.

Apartment block gets green light despite ambassador’s security worries

Economy
Gordon Deegan
January 18, 2021, 19:48

UK Foreign Office concerned over impact of 13-storey block on Glencairn House

US pharmaceuticals giant AbbVie has won an appeal against an unexpected €500 million-plus Irish stamp duty bill. File Photograph: Smith Collection/Gado/Getty

Abbvie wins appeal against €500m-plus Irish stamp duty

Economy
Joe Brennan
January 16, 2021, 13:47

Bill resulted from move by Minister of Finance to slap 1 per cent stamp duty on so-called scheme of arrangement takeover structures

The National Treasury Management Agency (NTMA) sold a greater-than-expected €5.5 billion of 10-year bonds on Tuesday, covering a third of the minimum amount of borrowings the State plans to raise in 2021 to deal with the coronavirus crisis. Photograph: iStock

Can Ireland just keep borrowing at negative interest rates?

Economy
Cliff Taylor
January 7, 2021, 12:58

Smart Money: Ireland sold €5.5bn debt this week at a negative rate. What does this mean for the State’s finances?

The agency must seek to to cover a budget gap caused by the Government’s response to Covid-19 and the potential fallout from Brexit. Photograph: iStock

NTMA eyes March bond auction after €5.5bn debt sale

Economy
Joe Brennan
January 6, 2021, 15:45

Agency plans to raise up to €20bn in bond markets this year

The site is near the 764-bedroom Citywest Hotel, which is currently being used by the HSE as a Covid-isolation centre.

Citywest Hotel owners secure green light for €50m apartment scheme

Economy
Gordon Deegan
January 5, 2021, 21:17

Planning permission granted for 224 residential units in Saggart

The Department of Finance revealed on Tuesday that the exchequer deficit came to €12.3bn last year, narrower than the €16.7bn shortfall estimated when Budget 2021 was announced in October.

State €5.5bn bond sale one-third of borrowing to cover Covid crisis

Economy
Joe Brennan
January 5, 2021, 17:51

NTMA move comes as Republic plans to raise sufficient funds to tackle pandemic in 2021

Josh Hartnett, Eva Green, Danny Sapani, Harry Treadaway and Timothy Dalton in Penny Dreadful, which was shot in Wicklow.

Lights! Camera! Action! for €150m State-backed Greystones movie-studio plan

Economy
Gordon Deegan
January 5, 2021, 16:35

Project is a joint venture between John Sisk and Ireland Strategic Investment Fund

Minister for Finance Paschal Donohoe. Photograph: Nick Bradshaw

Covid effect on public finances not nearly as bad as initially feared

Economy
December 22, 2020, 05:00

Remarkable resilience in taxes means outcome will be better than worst-case forecasts

Mairead McGuinness: part of her plan involves proposals for national asset-management agencies to be established by EU states to take on banks’ bad loans if required

Ireland’s economic crisis has lessons for the EU

Economy
December 17, 2020, 06:41

McGuinness launches plan to ease the selling of non-performing loans by banks

The Corrib gas terminal. Vermilion said that one of the factors for the drop in the price of natural gas is the Covid 19 pandemic.

Revenues slump at Corrib gas operator in 2020 due to Covid

Economy
Gordon Deegan
December 15, 2020, 21:13

Operations hit by a 25 increase in expenses

Louis Walsh was a judge on The X Factor television show but due to falling ratings, the long-running show did not air in 2020. File photograph: Dara Mac Donaill

Louis Walsh in line for €550,000 windfall

Economy
Gordon Deegan
December 11, 2020, 17:58

Entrepreneur who managed Boyzone and Westlife voluntarily liquidated his company

The average salary for Facebook employees in Dublin in 2019 was €103,443

Facebook Ireland revenues surge to €94m per day for 2019

Economy
Gordon Deegan
December 9, 2020, 06:48

Company’s corporate tax liability increased three-fold to €173.22 million

New European Union rules will seek to crack down on illegal online content while ending the excessive dominance of large technology companies skewing competition.

New EU laws will take on dominance of Big Tech

Economy
Naomi O’Leary
December 6, 2020, 17:09

Ambition is to to increase platforms’ responsibility for illegal content and take on digital gatekeepers”

Andy Ring, George Clooney and Séamus Clooney in Ballyfin House, Co Laois. Photograph: Facebook/Abbeyleix Tourism and Marketing Group

Five-star Ballyfin enjoys Clooney dividend before Covid-19 hit

Economy
Gordon Deegan
December 2, 2020, 05:00

Laois hotel in lavishly restored Regency mansion books rise in revenues

Conor McGregor after defeating Donald Cerrone in a welterweight mixed martial arts fight in January

Conor McGregor’s management firm returned to profit in 2019

Economy
Gordon Deegan
December 1, 2020, 20:00

Company had reported losses in previous two years

Architect’s image of a kitchen in a Bartra co-living scheme .

Co-living scheme in D4 gets green light

Economy
Gordon Deegan
December 1, 2020, 19:25

Bartra Capital secures planning permission for a €25 million site on Merrion Rd

Michel Barnier: “significant divergences persist” between Brussels and London. Photograph: Francois Lenoir/AFP

Brexit stumbling blocks persist as Barnier travels to London

Economy
Naomi O’Leary
November 27, 2020, 13:08

Concerns mount that insufficient time remains to strike a conclusive deal

The redevelopment of the Central Hotel has been approved.

Last orders for Rí-Rá and Globe as Central Hotel gets green light to expand

Economy
Gordon Deegan
November 26, 2020, 19:22

‘We are running out of places to dance,’ says councillor objecting to plans

The British financial industry had hoped to retain its so-called passport. Photograph: iStock

Move to EU or face disruption, City of London is warned

Economy
Naomi O’Leary
November 26, 2020, 17:09

Equivalence permits for UK financial services unlikely to be ready by January 1st

Britain’s chancellor of the exchequer Rishi Sunak.

UK executives rush to sell shares over capital gains tax fears

Economy
November 24, 2020, 13:00

Brokers and accountants inundated with calls as chancellor ponders CGT rises

Britain’s chief Brexit negotiator David Frost. ‘Fundamental divergences still remain, but we are continuing to work hard for a deal’ said EU chief negotiator Michel Barnier, as he convened with Mr Frost for online talks. Photograph: Getty Images

Brexit talks hampered by Covid-19 with time running out

Economy
Naomi O’Leary
November 23, 2020, 17:16

Both sides strike gloomy note as infection disrupts negotiation and disagreements persist

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