ESB generating profits, corporate tax rate and assessing the NDP

Business Today: the best news, analysis and comment from The Irish Times business desk

John FitzGerald assesses the National Development plan.

John FitzGerald assesses the National Development plan.


ESB generating plants earned gross profits of more than €130,000 an hour during recent electricity supply squeezes, according to calculations based on energy market figures. Barry O’Halloran has the details.

Joe Brennan crunches the numbers and finds out which Irish companies stand to lose the most in the OECD corporate tax deal.

Intel has teamed up with the Science Foundation Ireland-funded Connect research centre for a project aimed at improving fibre-optic technology so that it can be used more effectively in 5G. Charlie Taylor reports.

Iput, the leading Irish commercial real-estate investment and development group, has acquired a building adjacent to the Deloitte House property it bought on Earlsfort Terrace in Dublin two years ago, with a view to redeveloping the entire site to “bring new life” to the area off St Stephen’s Green. Joe Brennan reports.

Debt recovery agency Everyday collected €15.6 million on behalf of its clients last year, almost double the amount recorded a year earlier, writes Charlie Taylor.

Dublin-based Axa Life Europe swung into a loss last year, after a long-agreed $1.4 billion (€1.2 billion) sale of the business to London private equity firm Cinven fell through. Joe Brennan reports.

In our Agenda slot Colm Keena reports on how the State is marketed in Russia as an offshore location with an “impeccable reputation”.

In his weekly column John FitzGerald runs the rule over the National Development Plan.

Ireland’s tax regime has always been the sweet spot of the offering to foreign investors. Whip that advantage away, and how attractive do we really look, wonders Mark Paul.

Olive Keogh looks at the perils of networking outside your team at work.

“When I was fresh off the boat, I got a bartending job in Hell’s Kitchen through family connections. I had a graduate visa, so I was able to work. But in 2018, I got an internship at the Irish Centre in the area of programming,” says Ryan McNally in Wild Geese.Budget 2022 is just around the corner so now’s the perfect time to catch up will all the latest news, comment and analysis on our special Budget 2022 site.It’s a year since the Irish economy first shut down. Parts of it have scarcely reopened since. For an update on how the pandemic is affecting the overall economy, Ciarán Hancock talks to Mark Paul of The Irish Times and economist Jim Power on our Inside Business podcast.

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