Irish billionaire trio close in on Barchester sale to Macquarie Irish tycoons JP McManus, Dermot Desmond and John Magnier first invested in Barchester 25 years ago.

Desmond, McManus, Magnier asking €2.9bn for care homes group

Declaring himself “devastated” at the “deeply disappointing” closure announcement, UK business secretary Greg Clark said Swindon’s fate highlighted the urgent need for agreement on Brexit. Photograph: Andy Rain/EPA Fiona Walsh No mention of Brexit as Honda confirms Swindon closure
Glanbia shares soar 11% on strong results Glanbia managing director Siobhan Talbot at the company’s offices in Dublin. Photograph: Aidan Crawley/Bloomberg

Nutrition group unveils $89m US deal and board overhaul as profits rise

Children eating 1.2kg less sugar every year Having surveyed 235 products on the market, Ibec found that sugar intake fell 8 per cent between 2005 and 2017. Photograph: iStock

Ibec research shows marked reduction in sugar intake between 2005 and 2017

Fitzpatricks walks away from Grafton Street after 58 years Fitzpatricks Shoes, 76 Grafton Street, a family business it opened on Grafton Street in 1961

Fitzpatricks Shoes store available on a long-term sublet at €510,000 a year

Dublin Liberties Distillery eyes sales of 50,000 cases Darryl McNally, master distiller at Dublin Liberties Distillery

Company has enhanced capacity to produce up to 2.1m bottles of whiskey annually

Glencore pledges to cap coal production Photograph: Fabrice Coffrini/Getty Images

World’s biggest exporter of coal respond to investor pressure for action on climate change

Finance chief of troubled Datalex quits after less than three months Datalex provides software to airlines including Lufthansa, Aer Lingus and JetBlue.

Dónal Rooney found himself presiding over massive profit warning within weeks

Lloyds banking group to return up to £4 bn to shareholders Photograph: Toby Melville/Reuters

Bank posted pre-tax profits of £5.96 bn for 2018

British regulator says it could block Sainsbury’s-Asda deal Photograph: Anthony Devlin/PA Wire

Takeover could lead to worse shopping experience for consumers, regulator says

Air France-KLM to battle fuel cost rises with deeper integration An Air France Airbus A319 plane. Photograph: Stephane Mahe/Reuters

Company earnings fell 20% to €776m

Converted south docklands warehouse expected to be rented at €700 per sq m Ten Hanover Quay in the south docklands will eventually extend to 6,410sq m

Construction work on Ten Hanover Quay set for completion during first quarter of 2021

Mediation fails to resolve dispute over €2.34bn Quinn loans Brenda Quinn (right ), with her sister Colette, will be the first witness to give evidence in the family’s court action against IBRC over responsibility for €2.34 billion in bank loans. Photograph: Collins Courts

Action by Sean Quinn’s five adult children against IBRC will go to trial on March 5th

Fresh ideas sought for Dún Laoghaire ferry terminal space New ideals needed: Old Ferry Terminal in Dún Laoghaire, Co Dublin

Terminal has lain empty since Stena ended its HSS ferry service to Holyhead in 2014

Farmers urge no-deal Brexit plan after UK confirms food tariffs Meat Industry Ireland says tariffs on Irish beef imports into the UK would be around €750m on current trade levels, effectively pricing Irish beef out of the UK market. Photograph: Brenda Fitzsimons

Gove tells British farmers that UK would apply tariffs on food imports in crash-out exit

Offices in Dublin’s Hanover Quay go on the market to rent or buy The two suites at South Dock House fit up to 100 staff, with a boardroom for 14

BNP Paribas seeks €10.8m for two high-end suites in South Dock House that fit 100 staff

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Most Read in Business

1 Irish billionaire trio close in on Barchester sale to Macquarie
2 Fitzpatricks walks away from Grafton Street after 58 years
3 Children eating 1.2kg less sugar every year
4 Rent-only apartment schemes on the up but ownership declines
5 Pub and cinema site sales will boost Harold’s Cross apartment supply
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Davy expects Glanbia to deliver, Kerry reports also

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Birds Eye’s Britain and Ireland boss has warned the price of fish fingers could rise 20%. Photograph: Gareth Fuller/PA Wire More expensive fish fingers may go hand in hand with no-deal Brexit
The State postal service put out an alert in December seeking expressions of interest from lenders. Photograph: Eric Luke Can An Post deliver a mortgage partner?
Builders here are struggling to find workers at every grade, from general operative to project manager. Obsession with third level a factor in construction worker shortage
In trade there seems to be a cloud for every silver lining. Photograph: Aidan Crawley/Bloomberg Record export figure not a cause for unbridled celebration
A pro EU demonstrator outside the British House of Parliament yesterday. Keeping alive the prospect of a chaotic Brexit has been a key strategy of Theresa May’s. Photograph: Niklas Hallen/EPA Brexit jitters? Take a chill pill

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INMO members on the picket line outside St. James’s Hospital in Dublin. Photograph: Dara Mac Dónaill Public sector pay restoration: your spending power is not back to 2008
Cross over the Samuel Beckett bridge and move closer to Grand Canal Dock and you’ll pay a premium of more than 12 per cent for a two-bed property, compared with the opposite side of the river. Photograph: Dave Meehan North or south: Which side of Dublin is cheaper to live in?
The ballooning cost of the children’s hospital has placed the Government in a near impossible position of continuing in the face of huge extra cost, retendering or abandoning the project. Children's hospital: A spectacular example of how things can go wrong

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