An artist’s impression of Cairn Homes’ proposals for Chesterfield House, which planners approved on Friday.

Approval for 214 apartments and 7 houses at Chesterfield given under fast-track scheme

About three-quarters of builders warned that the labour squeeze was hitting their ability to finish new homes and infrastructure on time.

Study shows high demand for wet trades such as block laying and plastering

‘Cairn will submit a formal application in due course,’ the company said. Photograph: Nick Bradshaw

Cairn Homes project in Newcastle unlikely to get permission in its current form

British race driver Lewis Hamilton  celebrates after winning the Abu Dhabi Formula One Grand Prix in the United Arab Emirates last November. Photograph: Lars Baron/Getty Images

Actionpoint, which built Republic’s online passport system, signs deal with F1 organiser

KPMG managing partner Shaun Murphy said the time was now right to begin planning for a new home for the accountancy practice. Photograph: Mark McCall

Accountancy firm plans to bring 2,500-plus Dublin staff together under one roof

ASL Aviation handles cargo for international businesses such as FedEx and DHL. Photograph: Maxwells

Airline group says it will work with investor Star to continue expanding services

Dómhnall Slattery with Taoiseach Leo Varadkar at the opening of Avolon’s headquarters building in Dublin  last year.

Company may refinance up to $3bn of its secured debt this year as it seeks investment-grade rating

A Tullow Oil drilling block in Kenya. Photograph: Tony Karumbatony/Getty Images

Accord allows Irish-founded firm to sell part of its share in a major Ugandan oilfield

Fishermen say Aquacomms intends laying a cable free-floating and unanchored on a 25-30km stretch of seabed north of Clare Island and west of Achill. Credit: Travelpix

Aquacomms says cable will be buried two metres below seabed

Peter DeFazio has links to US aviation unions. Photograph: Alex Wong/Getty Images

Democrat Peter DeFazio opposed Irish-registered Norwegian Air’s bid for a US permit

Anticipation that cardboard box maker Smurfit Kappa will have good news when it publishes 2018 results on Wednesday pushed its stock up by 1.66 per cent to €25.72.  Photograph: Jason Alden/Bloomberg

Market report: Lift for Kingspan after a poor run while Irish financials prove popular

Shareholders last October backed Lakelands’ proposed purchase of LacPatrick, which would create a dairy processor with yearly sales of more than €1 billion. Photograph: Getty Images

NI regulator indicates deal will not impinge competition, as southern inquiry continues

The new Seamark Building in Dublin, which developer Chartered Land expects to earn €6 million a year in rent when fully let.

Building is 182,500 sq ft, making it the biggest available office of its kind in the capital, with rent expected to total €6 milli(...)

An Taoiseach Leo Varadkar and Dómhnal Slattery, chief executive of Avolon, pictured at the official opening of the company’s new headquarters in Ballsbridge. Photograph: Robbie Reynolds

Irish aircraft financier says returns will stay above a ‘gradually rising cost of capital’

Coillte had been seeking a partner to work with it on building wind farms on land the forestry company owns

State companies could build enough wind farms to power more than 500,000 homes

Willie Walsh, chief executive of IAG, began his career as a pilot with Aer Lingus.  Photograph: Nick Bradshaw/The Irish Times

Interview: ‘You can’t take the awards if you’re not prepared to take the abuse as well’

John Nagle set up Red Dot Network in Myanmar when the country began opening its economy. iStock

John Nagle set up electronic payment company in 2014 with help from Denis O’Brien

The High Court was told   that the O’Flynn group calculates  it lost €12.5 million alone from one deal involving a site on Gardiner Street, Dublin, used for student apartments.

O’Flynn Construction alleges they earned millions by diverting opportunities away for their own benefit

Tech giants Google and Facebook  are partners in the cable project along with Aquacomms and Norwegian company Bulk

Irish specialist Aquacomms seeking licence for cable that will come ashore in Mayo

Kingspan chief executive Gene Murtagh: The insulation and building materials specialist led the way with a  gain that saw it close at €38. Dealers said the stock had been weak on Monday but had strong recovery through Tuesday

Market report: Kingspan leads the way in Dublin with a 3.7% gain

Ryanair chief executive Michael O’Leary, aboard one of his aircraft at Stansted Airport.  Photograph: Stefan Rousseau/PA Wire

Michael O’Leary to stay as CEO until 2024, as airline is restructured to be four carriers

Ryanair said on Monday that revenues had risen 9 per cent to €1.53 billion in the three months ended December 31st. Photograph: Alberto Pizzoli/AFP/Getty Images

Airline announces shift to group structure holding four subsidiaries

The Speed Gene test analyses a racehorse’s DNA to identify the best distance at which it should compete. Photograph: Alan Crowhurst/Getty Images

Study establishes link between test results and prize money won by horses

Conditions imposed by An Bord Pleanála on the Bailey Court project show Marlet must agree plans with Fingal County Council to deal with a risk of subsidence. Photograph: iStock

Locals want judge to review decision to grant Marlet permission to build 164 dwellings

ISIF director Eugene O’Callaghan said the strategy took account of the “significant progress made” in the economy.

Fund managed by NTMA to back building of homes ‘ideally at the more affordable end’

The Four Courts. A judge has criticised DPP Claire Loftus for her unwillingness to respect a High Court ruling in a legal row over a State bid to seize €210,000 from card payments processor, Pacnet

Director of Public Prosecutions is appealing a High Court order against seizure of funds

Low-cost airline Ryanair finished Wednesday up at €11.025.  Photograph: Paul Faith/AFP/Getty Images

Ryanair, due to report third-quarter results on Monday, ends the day up 0.96 per cent

Chief executive Brendan McAtamney confirmed UDG had received a legal claim from McKesson arising from its purchase of the Irish group’s United Drug distribution business in 2016. Photograph: Dave Meehan

Medical services group says US firm McKesson has made ‘pretty weak’ legal claim

Fergal Leamy is stepping down as Coillte chief executive in June.

State forestry company confirms chief executive to leave for job in private sector

The Aughinish Alumina plant  on the Shannon Estuary near Foynes, Co Limerick

US government has agreed to lift sanctions from Aughinish’s parent group EN+, removing risk to 450 jobs at Co Limerick plant

An exterior view of the SuperValu supermarket on Aston Quay in Dublin. It is part of the family-owned Musgrave group, which features in PwC’s latest report on family businesses. Photograph: Frank Miller

PwC report shows 86% of Irish family businesses expect to grow over the next two years

BAM chief executive Theo Cullinane says the move is  a significant strategic investment.  Photograph: Michael Mac Sweeney/Provision

Construction group plans to use the investment to boost production capacity at its plant

Aer Lingus A330 with  the new branding. Photograph: PA

Cockpit crew to be hired over next four years as first of nine Airbus orders set to arrive

The Central Bank’s quarterly review says: “In the long run, it is likely that the Irish economy would adjust to the new arrangements but the short-run challenges would be immense.”

Analysis: Regulator says no-deal Brexit would impact all areas of the economy

The Central Bank’s director of economics and statistics said tariffs and customs delays at ports and airports could drive up prices and hit the availability of some goods. Photograph: Alan Betson/The Irish Times

Financial watchdog says the UK crashing out of the EU would have an ‘immediate impact’

IAG chief executive Willie Walsh: he  said the company would not enter a bidding war for Norwegian. Photograph: Niall Carson/PA Wire

Airline group confirms it does not plan to bid for the troubled rival

AerCap chief executive Aengus Kelly said airlines were likely to fail this year, but argued this would be nothing out of the ordinary. Photograph: Dara Mac Dónaill

Chief executive predicts trade this year will be ‘normal’ despite increased pressures

A Norwegian Air Boeing 737 on the runway of Cork airport after a transatlantic flight from Boston. Photograph: David Creedon/Anzenberger

Scandinavian airline wants to save €200m and recently told workers of plans to close or shrink bases, including Dublin airport

SMBC Aviation Capital’s Peter Barrett:  “It’s definitely a much tougher environment now.” Photograph: Brenda Fitzsimons

Competition, interest rates and fuel prices all threats to airlines, says Peter Barrett

IAG  chief executive Willie Walsh: there is  no scenario following a no-deal Brexit where flights will be grounded by circumstances beyond everybody’s control. Photograph: Cyril Byrne

IAG chief executive says EU unlikely to cap flights from UK if it exits without agreement

A Government-commissioned report last year found there was no reason to delay building a third terminal at Dublin airport.

Chief of company that owns Aer Lingus and British Airways says another terminal ‘ just did not make sense’

Stephen Kavanagh, former Aer Lingus CEO, will be a guest at  Airfinance Dublin 2019 at the National Conference Centre, organised by trade publication ‘Airfinance Journal’. Photograph: Dara Mac Dónaill/The Irish Times

Capital to host ‘Airfinance Journal’ and Airline Economics conferences this week

Burlington Real Estate managing director John Bruder said investment in retail was an attractive opportunity in the right locations. Photograph: Alan Betson

Management includes former key figures from Nama and Treasury Holdings

IAG chief executive Willie Walsh speaking at the Aviation Club UK event,  at the Stephen’s Green Hibernian Club in Dublin. Photograph: Nick Bradshaw for The Irish Times

IAG chief executive warns some airlines could ‘disappear’ this year amid Brexit turbulence

Norwegian hired 50 pilots and 200 crew for its  Dublin base, which it opened in late 2017. The airline flies to several US destinations from the capital

The carrier, struggling with rising costs and intense competition, is seeking savings of €205m across the company this year

US-China trade tensions were judged to have eased on Friday. Photograph: Reuters

Ryanair big news on Irish market after fresh profit warning

Stansted Airport chief executive Ken O’Toole said the airport plans to offer to take responsibility for managing passenger and baggage transfers between airlines operating there.

London airport offers to manage transfers between airlines

Ken O’Toole: as chief executive of Stansted, he’s steering the airport’s £600 million expansion plan

Stansted Airport CEO sees baggage-transfer innovation as key part of €675m expansion

The Aughinish Alumina refinery on the Shannon Estuary near Foynes, Co Limerick. The US senate defeated a bid led by Democrat Charles Schumer to overturn a deal lifting sanctions earlier this week, easing the threat against the refinery

Aughinish’s parent has agreed a deal to end oligarch’s control of the group, allowing it to avoid sanctions

Aer Lingus’ new look: Mostly white and the shamrock stays. Photograph: PA

Airline’s new brand features mainly white livery but keeps shamrock

Dublin Airport  confirmed that it handled a record 31.5 million passengers last year, 6 per cent more than in 2017.

DAA to spend €900m adding new passenger gates and aircraft stands to both terminals

Actionpoint’s clients include the Department of Foreign Affairs, for whom it built the Republic’s passport renewal system. Photograph: Bryan O’Brien/The Irish Times

Limerick tech firm buys Antrim-based rival in deal that will boost turnover to €20m

The Intel facility at Leixlip, Co Dublin. Photograph: Dave Meehan/ The Irish Times

Development will include 220 kilo volt substation and new circuits at Leixlip plant

Ryanair chief executive Michael O’ Leary has said he would remove voting rights from non-EU shareholders following Brexit if that is required to meet EU rules on ownership. Photograph: Cyril Byrne

Minister for Transport ‘considering’ request from Brussels for explanation

Ryanair chief executive Michael O’Leary. As gridlock gripped Dublin’s roads in the early years of the century, he bought a taxi licence and plate for his own car, allowing him to use bus lanes to sail past bumper-to-bumper traffic on the way to his office at the airport every morning. File photograph: Jonathan Brady/PA Wire

The budget airline boss completes 25 years as CEO with a reputation for ruthlessness to match his brilliant record of success

The old Dulux Paints factory in Drimnagh on Dublin’s southside.

Builder intends to rent out the apartments on the old Dulux Paints factory site in Drimnagh

Brexit is seen as the main challenge to Irish forestry. Photograph: iStock

Industry to add 6,000 jobs as turnover doubles to €1.6bn

The development will consist of 154 houses and 86 apartments  at Ardarostig, Bishopstown on the southwestern edge of Cork city Photographer: Chris Ratcliffe/Bloomberg/Getty

Councillors criticise the Bishopstown plans, arguing site has no infrastructure

A construction worker lays a row of bricks on the Cairn Homes Plc Marianella residential construction site in Dublin in November 2016. Photograph: Chris Ratcliffe/Bloomberg

Four listed firms likely to build and sell properties with aggregate value of about €700m

Traders work on the floor of the New York Stock Exchange. Wall Street rose as gains in the technology and consumer sectors helped extend Friday’s rally. Photograph: Spencer Platt/Getty Images

Iseq Overall Index dips 0.09 per cent to 5,651.16 in Dublin as CRH slips 1.83 per cent

Repainting Aer Lingus’s 50-odd aircraft would be the most expensive element of the airline’s rebranding exercise. Photograph: Cyril Byrne

Airline plans rebrand involving changes to shamrock logo, aircraft livery and uniforms

  Revenue seized 67.8 million contraband cigarettes, almost twice the 34.2 million that its officials confiscated in 2017. Photograph: Revenue

Revenue seized €75m worth of illegal cigarettes, tobacco and drugs in 2018, figures show

Revenue collected almost €573 million in tax from audits and enforcement activity last year. Photograph: Joe St Leger

Tax take tops €54.5bn in 2018 as Revenue says most pay on time

A model of the proposed development of Dublin Landings by Ballymore, which is located on  Dublin’s North Wall Quay.

Key part of Irish builder Ballymore’s British business still recorded profits of £176m

IDA Ireland CEO  Martin Shanahan: acknowledges that a weakened global economy with a smaller pool of investment will make the agency’s task tougher

Agency that lured Apple, Google and other multinationals to Ireland faces challenges

IDA Ireland chief executive Martin Shanahan said employment growth across agency-supported businesses was more than double the national average at 7 per cent. Photograph: Dara Mac Dónaill

Employment in businesses supported by State agency reaches a record 230,000

MyHome.ie’s latest figures indicate that  housebuilding in Ireland is increasing. Photograph: Chris Ratcliffe/Bloomberg

Property website’s figures show price growth stabilised in final three months of 2018

An empty Ryanair window  at Valencia airport, Spain, on September 28th  as the airline’s workers went on strike. Photograph:  Reuters/Heino Kalis

Strikes, a profit warning and calls for board changes made 2018 a difficult year for the airline

A Bulgarian family  took their compensation case to  Sofia City Court, which Ryanair’s lawyers argued did not have jurisdiction to rule on the claim.  Photograph: Reuters/Eric Gaillard

Sofia City Court has asked the ECJ to rule if the airline is forcing claimants to take their case in the Republic

Shares in Nike jumped 7.85 per cent after the company’s quarterly results beat Wall Street estimates. Photograph: Getty

Perrigo hammered on news of €1.6 billion tax demand

Racehorse trainer Aidan O’Brien at Ballydoyle Stables in Rosegreen, Co Tipperary. Photograph: Dara Mac Dónaill

Trainers will be allowed defer breaks to which staff are entitled subject to conditions

Natural gas supplies around one third of Ireland’s energy needs, and is burned to generate around 50%  of the electricity used here

Gas Networks Ireland boss describes new pipe as a ‘critical piece of infrastructure’ that ends dependence on a single pipe

 A well production test at the Corrib field off the Mayo coast. The committee heard  the  field supplies 50%  of the country’s gas needs, but will  be exhausted in 2025

Minister says legislation clashes with key aims of State’s energy policy – sustainability, security of supply and affordability

“Irish Ferries wish to inform our customers that we’re unlikely to operate a service between Rosslare and France in 2019. We continue to keep this situation under review. Our new WB Yeats ship will operate from Dublin to Cherbourg”

Company says it is ‘unlikely’ to operate a service on the crossing next year

The National Oil Reserve Agency holds only 57 per cent of the required 90 days’ supply here. Photograph: iStock

State holds part of reserve in NI and Wales, which might be a problem if UK leaves bloc

Developer Michael O’Flynn:  “We think the apology deals satisfactorily with a lot of the issues raised. We were appalled to learn about what happened in 2012.” Photograph: Daragh Mc Sweeney/Provision

State agency agrees to pay bulk of developers’ court costs, which could reach €500,000

Developer Michael O’Flynn and his brother John had information leaked form Nama.

Former agency official passed on details on the developers and their business in 2012

 Lorcan O’Connor,  an accountant, is currently head of the Insolvency Service of Ireland. Photograph: Eric Luke

First challenges will be to tackle pension shortfall and manage State company’s properties

Shares recovered from the latest Brexit shock on Tuesday, aided by hopes that the US and China could strike a deal, avoiding a trade war

Market report: Recovery helped by greater optimism over US-China trade

Brazilian airline Gol will lease 11 Boeing aircraft from Irish aviation financier Avolon from next year

Irish aviation financier will begin delivery of planes from the middle of next year

Cherrywood will ultimately have 8,000 new homes, as well as offices and shops.

US-based group and its Dutch fund manager partner making a big play in build-to-rent sector

Before leave vote 90% of Galway stair firm’s business went to UK, it almost went under

The disused Player Wills factory site on South Circular Road,  Dublin. Photograph: Dara Mac Dónaill

Nama receivers Grant Thornton appealed council’s decision to place disused factory on South Circular Road on vacant sites register

HM Revenue & Customs says that businesses should immediately apply for a UK economic operator registration and identification number. Photograph: Getty Images

Companies that import and export to and from the EU told to take several steps

The investment will include building a new 50km connection  in Scotland, which is the latest phase in completing the interconnector between Britain and Ireland.

State utility to upgrade interconnector and enable network to carry compressed gas

Manufacturing at the Combilift Forklifts. Ahead of Brexit, Combilift is applying to the Revenue  for authorised economic operator status, which allows for a quicker passage through checkpoints. Photograph: David Sleator

Clever companies putting in place contingency plans to deal with the many threats

A sticker reading “No Border, No Brexit” on a road sign near the Hands Across the Divide sculpture in Derry. Photograph: Mary Turner/Bloomberg

Two-month wait on VAT repayment could seriously pressurise companies’ cash flow

News of the move prompted the Financial Services Union, which represents many Bank of Ireland staff, to warn that the lender cannot transfer workers to Willis Towers Watson against their will.  Photograph: Peter Muhly/AFP/Getty Images

Increasingly complex regulations believed to have led bank to hire Willis Towers Watson

Cerberus bought the loans, collectively called Project Eagle and worth around £4 billion, at a discount in April 2014 from Nama. Photograph: Cyril Byrne

Promontoria Eagle collected €242m due from borrowers last year

“We are keen to ensure investors are not misled or misinformed about their investments in Irish-domiciled funds,” says Derville Rowland, the Central Bank’s director general, financial conduct. Photograph: Alan Betson

Central Bank mainly concerned with ‘closet indexing’ in case customers being mislead

Central Bank on  North Wall Quay, Dublin: has established an investment banks and broker dealers division. Photograph: Alan Betson

Watchdogs to keep sharp eye on investment banks and brokers, says Central Bank

    Wow’s   financial woes emerged in September, after running the rule over its books. Photograph:   Brian Lougheed

Wow’s future in doubt as rival Icelandair drops plans to buy the smaller carrier

 Irish man John Slattery,  chief executive of Brazilian firm   Embraer Commercial Aviation,  at  Dublin Airport  with one of Embraer’s E190-E2s. Photograph: Peter Houlihan

Embraer’s order book for latest model expected to be 25% filled by Dublin-based firms

Investor Farringdon filed notices with the Irish Stock Exchange following a reorganisation of the 6.8 per cent it holds in INM, the troubled publisher of the “Irish Independent” and “Evening Herald”. Photograph: Dara Mac Dónaill

Duke uses investment firm Blackwell to manage endowments and pension investments

US president Donald Trump. Photograph: Mandel Ngan/AFP/Getty Images

Brexit fears may be behind falls for construction-related companies like Kingspan

Lakeland and LacPatrick shareholders voted last month to merge in a move to create a business that will generate revenues of €1 billion. Photograph: iStock

Competition and Markets Authority issues initial enforcement order

FastHouse has announced the completion of its contract to build lodges at the Center Parcs resort in Co Longford. Pictured are Sisk senior contracts manager Cormac Fitzpatrick, Center Parcs construction and development director Paul Kent and FastHouse sales and installations director Sean Fox Photograph: Conor McCabe photography

Rapid-build specialist backed by businessman Kevin Lagan’s €20m investment

Former CRH executive Maeve Carton is set to succeed   IAG chief Willie Walsh as chair of the State body responsible for the Republic’s national debt. Photograph: Alan Betson

Ex-CRH director to succeed Willie Walsh at helm of body responsible for State’s sovereign debt

Minister for Finance Paschal Donohoe confirmed   that a new agreement between  Revenue   and the Maltese tax authorities will close the loophole. Photograph: Nick Bradshaw

Mechanism allows US multinationals to channel cash through Malta

NYSE screens as beaten-down tech shares led the rebound in US stocks, while Treasuries fell as investors gained confidence from positive political developments in Europe and rising oil prices. Photograph: Jordan Sirek/Bloomberg

In Dublin Paddy Power Betfair falls as rows over regulation and taxes concern investors

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