Dominic Coyle

Dominic Coyle

Deputy Business Editor

Dominic Coyle is Deputy Business Editor at The Irish Times

Mainstay Medical is an Irish medical device company targeting chronic back pain.
Mainstay Medical doubles revenue in first six months

Company submits application for pre-market approval to US regulator

Ger Rabbette, CEO, Uniphar. Photograph: Dara Mac Dónaill / The Irish Times
Uniphar: ‘We’re probably the only IPO in Ireland this year’

Interview of the Week: Ger Rabbette, Uniphar

Uniphar chairman Maurice Pratt with Daryl Byrne, chief executive of Euronext Dublin, and Ger Rabbette, chief executive of Uniphar at the bell-ringing ceremony in Euronext Dublin.
Strong first half puts Uniphar on track for 2019

Profit and revenue accelerate in first six months of the year for ‘outperform’ company

You cannot offset the expenses incurred in the necessary refurbishment work on the property against any capital gains tax bill arising on the sale of your shares. Photograph: Jason Alden/Bloomberg
Relief on capital gains for selling part of our home.

Q&A: Dominic Coyle

Unless you are paying rent to your uncle at the market rate when you move into this home, Revenue will consider that you are in receipt of a gift. Photograph: Kate Geraghty
Moving in now to a property I will eventually inherit

Q&A: Dominic Coyle

Inspection facilities being built at Dublin Port in advance of Brexit. Photograph: Alan Betson/The Irish Times
What would a no-deal Brexit mean for the biggest sectors of the Irish economy?

A comprehensive guide to the massive impact likely if the UK crashes out of the EU

The Apple iPhone 11 smartphone on display after an event in Cupertino, California. Photograph: David Paul Morris/Bloomberg
Apple’s new iPhone, tax defaulters and Johnny Ronan aims higher

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

Taxing times, targeting Ryanair and a popular pub closes

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

Have I a case over top-up mortgage that had no tracker option?

Q&A: Dominic Coyle

Does joint account rule out tax exempt small gift for son-in-law?

Q&A: Dominic Coyle

Under Ireland’s 2018 Data Protection Act, you are entitled to see what information is held by the credit bureau
Barred from borrowing for five years over €75 debt

Dominic Coyle helps a woman whose financial future has been compromised by a ‘simple mistake’

Brexit slowdown, construction goes green and keeping tabs on work hours

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

Photograph: Getty
Irish manufacturing sector slows at fastest rate in six years

Sharp drop in consumer demand and fall in new export orders with Brexit a key factor

Brian O’Sullivan, CEO of Fulfil Nutrition. ‘For me to hit the jackpot means to be the number one snack bar brand in Ireland and the number one in the UK and the number one in the US.’ Photograph: Aidan Crawley for The Irish Times
‘You have a lot of healthy bar brands out there but they don’t taste that great’

Interview of the Week: Brian O’Sullivan, CEO, Fulfil Nutrition

Hershey is paying about $400m (€362m) for control of One Brands. Photograph: Angus Mordant/Bloomberg via Getty
Hershey bets on market growth in low-calorie bars

US chocolate maker buys One Brands after investing in Irish company Fulfil Nutrition

Huawei mobile services allow users to access the company’s smartphone apps and to store personal information, including payment details, in the cloud. Photograph: Reuters
Chinese whispers, sterling’s slide and Bank of Ireland offloads problem loans

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

In total, €1,162 million of new business was approved last month, almost 25 per cent more than in the same month last year. Photograph: Cyril Byrne
Mortgage approvals hit new high in July

First-time buyers continue to dominate as over €1bn in borrowings for house purchase approved

The big problem is that stepchildren appear to be regarded differently in the two pieces of legislation governing inheritance
Children shut out of stepmother’s estate as she left no will

Q&A: Dominic Coyle answers your personal finance questions

Traders work on the floor of the New York Stock Exchange. Share purchase schemes are particularly popular with multinationals with a presence in Ireland. Photograph: Spencer Platt/Getty Images
Is an employee share purchase plan worth the investment?

Q&A: Dominic Coyle answers your personal finance questions

Fulfil has been doubling its sales each year and industry sources expect it to deliver consumer sales of close to €100 million this year.
US giant Hershey takes stake in Irish protein snacks group Fulfil

Move offers Irish brand, founded in 2016, the chance to enter the lucrative US market

It is reckoned by the British authorities that about £3bn lies unclaimed in shares and dividends in the UK alone. Photograph: Getty Images
Hunting down Friends Provident shares never claimed in 2001

Q&A: Dominic Coyle

There is a difference between what you will pay in inheritance tax in France and in Ireland. Photograph: iStockphoto
Paying a price for living in France

Q&A: Dominic Coyle

Eric Kinsella, chairman of Jones Engineering Group which is the lead sponsor for the Liffey Swim, with the commemorative medal commissioned from Robert Ballagh for the 100th running of the race. Photograph: Jason Clarke
Liffey Swim sponsor strikes medal to mark 100 not out

Eric Kinsella and wife Barbara unveil commemorative award to laud unique city event

Truckmakers – who were previously found to be operating a cartel – could face a bill of up to €200 million
Pricing Brexit; truckers taken for a ride; and Ryanair CEO’s pay cut

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

A reader wants to know where he can check what Eircom shares he had. File photograph: Aidan Crawley/Bloomberg
I binned my Eircom paperwork: how can I find out how many shares I owned?

Q&A: Dominic Coyle answers your personal finance questions

‘I have agreed to buy his half. Am I liable for stamp duty?’ Photograph: iStock
‘My brother wants to sell the house we inherited but I don’t’

Q&A: Dominic Coyle answers your personal finance questions

Almost all self-builds involve the applicants project managing the job but relying on skilled tradespeople to carry out much, if not all, the work. Photograph: Chris Ratcliffe/Bloomberg
Help-to-buy rules for self-build projects

Q&A: Dominic Coyle answers your personal finance questions

President and CEO of Takeda Christophe Weber at the official opening of Takeda Ireland’s new cutting-edge manufacturing facility at its Grange Castle site in Dublin. Photograph: Jason Clarke
Taking Takeda global with new Irish pharma plant centre stage

Christophe Weber has overseen the $62 billion takeover of Shire and the opening of a new plant in Dublin

Takeda has invested €40 million at Grange Castle to build a new plant . Photograph: Arnd Wiegmann/Reuters
Pharma boss calls for Ireland to invest in waste management

Local waste facilities would be a good calling card for new investment, Japanese group says

Inflection Biosciences co-founder Dr Michael O’Neill, chief executive Darren Cunningham and Prof Bryan Hennessy, senior clinical lecturer at the Royal College of Surgeons. Photograph: Julien Behal
Irish company Inflection sells cancer drug to Singapore group

Dublin pharma development company’s drug blocks pathways used by cancer cells

Tax strategy is in focus.
Budget 2020 options; Dunne back in court and Viagogo gone from Google

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

Food supplement industry demands action. Labour Party leader Brendan Howlin with Irish Health Trade Association member Alan Martin, managing director Jonathan Griffin and general secretary Phil Costigan, outside Leinster House. File photograph: Maxwell Photography
Food supplements heading for VAT

Export report focuses on whether all should be taxed the same and at what rate

Mark Carney, governor of the Bank of England, is in the running for director general of the IMF. Photographer: Christophe Morin/Bloomberg
Irish Carney for IMF; banks still off track; and turning plastics into wax

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

If the option exists to reduce four to three, it seems sensible to do this. Photograph: Getty Images
Are four credit cards better than three?

Q&A: Dominic Coyle answers your personal finance questions

Brian Hayes, CEO of Banking and Payments Federation of Ireland. Photograph: Alan Betson / The Irish Times
House price fear; poacher turned gamekeeper; and workplace conflict

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

The drug Orkambi, made by Vertex Pharmaceuticals, was approved for use in the Republic after a campaign by people with Cystic Fibrosis and their families. Photograph Nick Bradshaw
Cystic fibrosis drug drives surge in sales at Vertex Pharmaceuticals

Breakthrough medicine Orkambi main factor behind 71% rise in sales

If someone rents out a property, Revenue will assume that it is being done at the market rate for the property’s area. Photograph: Kate Geraghty
Family arrangement on property could leave you both out of pocket

Q&A: Dominic Coyle

You will almost always be paying more for a consumer loan than you will be getting by way of interest on your nest egg.
Pay off that loan before you focus on saving

Q&A: Dominic Coyle

Arthur Ryan, second from left, and Alma Carroll at the opening of Primark’s store in Boston in 2015, alongside Mayor Martin Walsh and Primark chief executive Paul Marchant. Photograph: Josh Reynolds
Business leaders pay tribute to ‘retailer pioneer’ Arthur Ryan

Dublin man established Penneys and Primark as a major global fashion brand

Takeda chief executive Christophe Weber with Mary Buckley, IDA Ireland executive dIrector (centre), and Minister for Employment Affairs Regina Doherty at the official opening of Takeda Ireland’s new cancer drug manufacturing facility at Grange Castle in Dublin. Photograph: Jason Clarke.
Takeda opens new cancer drug plant in Dublin

Investment of €40m delivers first active pharmaceutical ingredient for Takeda outside Japan

Vascepa is aiming to become the first prescription drug for people at risk of stroke or heart attack who continue to have high levels of harmful blood fats despite being on treatment with statins
Shares jump 15% in Ireland’s Amarin on hopes for heart drug

Strong increase in proft forecast on the back of sales of fish oil drug in the US

Minister for Finance Paschal Donohoe, left, and NTMA Chief Executive Conor O’Kelly. Photograph: Iain White/Fennell Photography
Debt sums, festival fun and betting on renewables

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

Capital gains tax is designed only to tax profits made during one’s ownership of an asset.
Elderly mum has two properties in negative equity

Q&A: Dominic Coyle

“For peace of mind, I can reassure you that the Health Service Executive has confirmed that the maximum it will take from the value of your property is 22.5 per cent.” File photograph: iStockPhoto
What’s a Fair Deal if wife follows late husband into nursing home care?

Q&A: Dominic Coyle

Irish Pharmaceutical Healthcare Association says: “We should reflect on a version of the industry that inspires hope for human health, rather than a narrative too often skewed by misconceptions and narrow rows over price.”
Pharma lobby presses case for funding new medicines

PwC report on European drug sector highlights contributions to economy and society

The Workplace Relations Commission has issued a new proposal that further improves the terms on offer to workers based at two Pfizer plants in Cork. Photograph: Andrew Kelly/Reuters
Pfizer staff face crunch vote on pensions

WRC awaits outcome of ballots on improved proposals to surrender final salary scheme

In the 1980s and early-1990s, endowments were as popular as tracker subsequently became. Rather than bear the financial burden of an annuity mortgage, customers paid only the interest on their loan
Snared by EBS endowment mortgage

Q&A: Dominic Coyle

Former British foreign secretary Boris Johnson delivers a speech to Conservative party members at the leadership hustings in Birmingham. Concern remains about leadership in British politics, Chris Johns argues. Photograph: Andy Rain/EPA
Brexit warning for banks; car sales woes; and high spirits with gin

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

The new market for Botox is a boost for Allergan’s plant in Westport, Co Mayo, which is responsible for the manufacture of worldwide supplies of Botox. Photograph: Shannon Stapleton/Reuters
Botox approved for treatment of cerebral palsy spasticity in children

US drugs regulator the Food and Drug Administration has sanctioned wider use of the drug after a fast-tracked review of results fr(...)

St Stephen’s Green Shopping Centre in Dublin
Fining bankers, property yields, and those new Airbnb rules

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

Rebuilding Ireland Home Loan: Minister for Housing Eoghan Murphy is seeking an additional €200 million per year for each of the next three years for the scheme
Is Rebuilding Ireland Home Loan scheme open for business?

Q&A: Dominic Coyle answers your personal finance questions

Is it too late for my father to give his savings to his family? Photograph: Getty Images
Fair Deal for family on proceeds of house sale

Q&A: Dominic Coyle answers your personal finance questions

‘Do I qualify as a first-time buyer?’ Photograph: Getty Images/iStock
Falling foul of first-time buyer rules . . . and the Revenue

Q&A: Dominic Coyle answers your personal finance questions

File photo. Photograph: Dominic Lipinski/PA
Can we get tax relief if we sell our house at a loss?

Q&A: Dominic Coyle answers your personal finance questions

Sean Dunne leaves the US Federal Court House. Photograph: Douglas Healey
Dunne jury deadlocked; Nama profits and DCC sells generics

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

Following the divorce, your stepdaughter no longer has any category A rights to your estate. File photograph: Bryan O’Brien
How do I leave house to my stepdaughter when I’m divorcing her mother?

Q&A: Dominic Coyle answers your personal finance questions

A decree of divorce automatically ends a former spouse’s entitlement to legal right share
A wife has a right to her husband’s money when they are effectively separated

Q&A: Dominic Coyle

Pensions are hard to understand, partly because levels of financial literacy are generally low, ESRI research for the Pensions Authority has found.
Pension savers struggle to understand their sums

ESRI research points to problems that undermine successful saving for retirement

The FDA grants priority review only to drugs that have the potential to offer significant improvement in the treatment of serious conditions.
Amarin jumps on FDA priority review for heart drug

Irish company’s Vascepa on track for earlier than expected approval

Exit tax is seen as a payment credited to you against any final tax liability upon your eventual exit from the fund. Photograph: iStock
Is Zurich looking to take too much tax out of my investment fund?

Q&A: Dominic Coyle answers your personal finance questions

Finlay McFadyen, head of investment banking, AIB Group; Fountain Healthcare partner Dr Manus Rogan; and Andrew McDowell, vice-president, European Investment Bank. Photograph: Nick Bradshaw
Irish VC group Fountain Healthcare Partners raises €118m

Group beats €100m target and intends to invest the bulk of the fund in Europe and US

Confidence is strongest in the dairy sector, with 90 per cent of businesses saying they are either confident or very confident. Photograph: Getty Images
Agrifood sector leaders believe their businesses not competitive internationally

Survey finds Brexit and volatile prices the biggest challenges for sector

The first rule of wills is that any will drawn up renders a previous will null and void. Photograph: Getty Images
Where’s my will? My solicitor is ‘no longer practising’

Q&A: Dominic Coyle

In this case the lender wants to know that you are financially independent – very independent. Photograph: Getty Images
Was I unfairly locked out of a first-time buyer mortgage?

Q&A: Dominic Coyle

Amarin chief executive John Thero: ‘Our guidance is for 50 per cent greater growth over the prior year’
Amarin to seek European approval for heart drug Vascepa

Clinical trials show Irish company’s fish-oil drug cut incidence of heart attacks and strokes

Some of Facebook’s lobbying efforts in Ireland are revealed. Photograph: Dado Ruvic/Reuters
Salesforce lobbies on HQ; Irish success in Hong Kong; and Boeing still in a spin

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

Lauren Whelan (15) from Loreto Crumlin in Dublin has SMA with Spinraza activists protesting outside Leinster House in Dublin in September 2018. File photograph: Garrett White/Collins Photo Agency
HSE to consider funding Spinraza as NHS approves muscle-wasting therapy

Biogen, maker of drug to treat spinal muscular atrophy, drops price of medicine

In many cases, the National Centre for Pharmacoeconomics rules that new drugs are not value for money at the initial price sought by the pharma company. Photograph: Alan Betson
Pricing of medicines needs to be reformed, says IPHA president

Aidan Lyncht HSE should not be expected to pay for drugs that are not innovative

Gayle in the witness box, rising trade tensions; and loophole catching lawyers

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

Enduring power of attorney is a phenomenally powerful document. Photograph: iStock
How can I be sure an enduring power of attorney will follow my wishes?

Q&A: Dominic Coyle answers your personal finance questions

Cathal Friel, who has taken over as chief executive at Venn Life Sciences following an agreement to merge it with his company, Open Orphan. Photograph: Fennell Photography
Cathal Friel reverses Open Orphan into listed Venn Life Sciences

Clinical trials group issues profit warning alongside results ahead of merger

Cary Grace, chief executive of Aon’s global retirement and investment business. Photograph: Nick Bradshaw
Aon chief’s new angle on the importance of pensions

Cary Grace using psychologists to mark need for saving

Perrigo bought Elan eight months after the company had sold the Tysabri intellectual property.
Perrigo criticises Revenue move to reap back tax of €1.64bn

Tax bill linked to sale by Elan of its stake in multiple sclerosis drug Tysabri in 2013

Photograph: Courtpix
Sean Dunne’s assets, slower EU growth and the Shelbourne glitters

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

Haven Mortgages is prepared to consider such cases. Photograph: Alan Betson
First-time buyer Haven for couples where one partner has already had a mortgage

Q&A: Dominic Coyle answers your personal finance questions

Enduring power of attorney is a remarkably powerful instrument effectively giving someone else power to make decisions for a person when they are no longer capable of making those decisions. Photograph: iStock
Who must sign an enduring power of attorney?

Q&A: Dominic Coyle answers your personal finance questions

Photograph: Yui Mok/PA Wire
iPhone struggles, INM on the block, threat on tax and Karen Millen staff short-changed

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

A shopper carrying shopping bags. non-motor tetail sales grew at their fastest level in more than three years in March. Photograph: Dominic Lipinski/PA Wire
Windfall taxes, priced out of the docklands and dole for the self-employed

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

Is there any way a married person can independently apply for a mortgage? Photograph: iStock
Husband’s previous home bars us from help-to-buy scheme

Q&A: Dominic Coyle answers your personal finance questions

You are free to give your stepchildren up to €3,000 a year on top of any similar sum given to them by your husband. Photograph: iStock
Where does inheritance law leave stepchildren?

Q&A: Dominic Coyle answers your personal finance questions

Where there’s a will: an executor cannot be challenged for failure to move to settle the estate for the first 12 months after they have been appointed. This is called the executor’s year. Photograph: iStock
Can I force brother to show me our mother’s will?

Q&A: Dominic Coyle answers your personal finance questions

Greencore proposed the return of value to shareholders after selling out of its US business for $1.075 billion to American rival Hearthside Foods in a surprise move last year. Photograph: Cyril Byrne
Reward deferred for Greencore shareholders who snubbed buyback

Q&A: Dominic Coyle answers your personal finance questions

“I bought some UK shares some years ago, now worth €600,000, that cost me about €300,000.” Photographer: Matthew Lloyd/Bloomberg
Death will foil taxman on gain in winning punt on stock market

Q&A: Dominic Coyle

Misunderstandings and disputes over assets, gifts, inheritances and perceived preferential treatment have the capacity to tear families asunder.
How much interest must I pay the Bank of Mum and Dad?

Q&A: Dominic Coyle

Liberian nurses carry the body of an Ebola victim in 2014. Vaccines were not available to victims of the epidemic, lobby group Access to Medicines Ireland says. Photograph: Ahmed Jallanzo/EPA
Drug costs threaten to bankrupt healthcare, says lobby group

Access to Medicines Ireland seeks change in R&D approach of pharmaceutical companies

Photograph: iStock
Family torn apart by father’s enduring power of attorney

Q&A: Dominic Coyle answers your personal finance questions

Avectas cofounder and chief executive Dr Michael Maguire, with cofounder Dr Shirley O’Dea, chief scientific officer and business development director Dr Gillian Hendy. Photograph: Iain White/Fennells
Seamus Mulligan leads $10m funding for cell therapy start-up

Avectas has now raised $20m as it looks to unlock potential of personalised medicine

Pilita Clark says dads just want more time with their children.
Food service shortages, gala venues and a grim outlook for the UK

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

Ireland is, with France, the slowest of the wealthy western European states to approve payment for new medicines, according to a new survey by the industry.
Ireland compares poorly with Europe for access to medicines - report

Study examines access to 121 drugs approved since 2015 by EU regulator

Photograph: Frank Miller
How do we deal with VAT and capital gains on our rental property?

Q&A: Dominic Coyle answers your personal finance questions

All the bank did was to issue you with one new share for every 30 you previously owned. Photograph: Frantzesco Kangaris/Bloomberg
How has Bank of Ireland’s share swap affected my holding?

The good news is there is no question of your stake having been watered down

Tax cuts promised for the next budget could become the first victim of a disorderly Brexit, the ESRI has warned. Photograph: Jack Taylor/Getty Images
The price of Brexit, targeting tax havens and the price of your TV habit

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

If media reports are to be believed, many companies (and their investors presumably) have already priced in much of the anticipated disruption that is expected form a worst-case Brexit scenario
As no-deal Brexit looms, is now a good time to sell my shares?

Q&A: Dominic Coyle answers your personal finance questions

Windfall gains can be a double-edged sword to people on benefits. Photograph: Getty Images
Inheritance will hit welfare payments to brother with homeless past

Q&A: Dominic Coyle answers your personal finance questions

A Clerys deal, another fine for Google and what really brings happiness

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

About a billion packs of medicines cross the UK-EU border each year.
Drug companies warn of ‘hard Brexit’ risk to medicines in EU

Pharma chief says 45 million packs of medicines a month move from UK to EU

The US authorities expect citizens to file tax returns with details of their worldwide income, capital gains and any inheritances.
Tax options for Irish-American couple

Q&A: Dominic Coyle answers your personal finance questions

Derek Young, founder and chief executive of i360 Medical, which has signed a collaboration agreement with EU health technologies innovation hub EIT Health. Photograph: Dara Mac Donaill
i360 Medical signs collaboration deal with EIT Health

Derek Young’s group to identify breakthrough technologies in EU

There is no tax liability on any bequest to you from your former husband, so there are no legal grounds that I can see for your husband’s solicitor withholding 15 per cent of the bequest to cover tax
Bequest from separated former husband only partly paid

Q&A: Dominic Coyle answers your personal finance questions

As a general rule, you are not allowed do anything to artificially inflate a capital loss. Photograph: Nick Bradshaw
Foreign exchange and capital losses on property sale

Q&A: Dominic Coyle answers your personal finance questions”

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