We still like our bubbles, but these days opt for cheaper varieties. Photograph:  Brendan Smialowski/Getty Images

We’re importing half of what we used to during the Celtic Tiger years as we fill our glasses with cheaper Prosecco and Cava

Martin Naughton is the first Irish honouree of the Oslo Business for Peace Award.

Naughton is the first Irish honouree of the Oslo Business for Peace Award

Ryanair is hoping to build an Austrian low cost airline with its new investment. Photograph: Eric Gaillard/Reuters

Strategy is to build LaudaMotion into a successful Austrian low fares airline

Grand Canal Dock, Dublin

Mercer quality of living survey puts Dublin ahead of London, Edinburgh and Belfast

Batchelors is owned by CapVest- and Lioncourt-backed Valeo Foods, as are Jacob’s and Odlums. Photograph: Eric Luke

Private-equity funds control our shopping, holidays, mortgages, healthcare and more

Evopass founders Jake McGwire, Kevin Murray, Zach Diebold.

Start-ups selected for new accelerator round include ticketing software and fashion-tech

The avoidance of debt is a higher priority for women than it is for men (69% versus 56%) according to Aviva research.

Our errors cost us, study shows, as life insurer calls for personal finance to be taught in school

 KPMG has argued that without legal certainty the deal will actually make little difference to business leaders. Photograph: Dario Pignatelli/Bloomberg

Border legal backstop will safeguard all-island economy Ibec says, but KPMG calls for more legal certainty

Aengus Whelan joins Stellwagen from ALAFCO Aviation and Lease.

Aengus Whelan joins Irish aviation financier from ALAFCO Aviation and Lease

AIB chief financial officer Mark Bourke was centrally involved in delivering a successful sale of shares in the bank.

‘Irish Times’ Business Person of the Year awards: the CFOs

The Central Bank is expected to publish in due course a list of lenders complying with the register. Photograph: PA Wire

Central Bank collecting data on overdrafts, personal loans, credit cards and mortgages

China can offer significant opportunities for Irish companies. Photgraph: Zhang Peng/LightRocket via Getty Images)

Sino Irish fund will focus on high growth technology firms, will also help Chinese firms grow in Ireland

Some 23,006 people were supported under the Fair Deal scheme as of January of this year

HSE set to take 80% of €5 weekly increase from nursing home residents

AIB chief executive Bernard Byrne rings the bell at the Irish Stock Exchange in June 2017 with ISE chief executive Deirdre Somers and AIB chairman Richard Pym, following the bank’s IPO. Norway’s sovereign wealth fund was an investor in the share sale. Photograph: Dara Mac Dónaill

World’s biggest sovereign wealth fund acquired $136 million stake in AIB last year

Hedgehog’s Lee Medoff (l) with Glantus CEO Maurice Healy.

Deal positions Maurice Healy backed Glantus to scale up its US business in the coming years

Bill Heague joins the Irish team directly from a market director position in the Czech Republic where he led the integration of the Mars and Wrigley businesses.

Bill Heague will engage in public policy initiatives for the industry in his new role

Grafton Group chief executive Gavin Slark saw his total remuneration for 2017 remain steady at £1.7 million (€1.9m). Photograph: Nick Bradshaw

CEO Gavin Slark received total pay of €1.9m for 2017 including maximum bonus of 120% of salary

If you have opted for a life-wrapped investment product, there is nothing to be done, as the life company computes the taxes and passes them on to Revenue on your behalf.  Photographer: Simon Dawson/Bloomberg

Exchange-traded funds may be less attractive than they appear due to onerous tax reporting requirements

Darragh Fanning, general manger of Zambrero Ireland. He says the plan is to open 45 outlets across Ireland over 15 years. Photograph: Tom Honan.

Mexican restaurant franchise looking at six new openings in Ireland this year

Governance remains one of the key risk areas for credit unions, the Central Bank said on Monday.

On-site inspection of credit unions shows governance and operational risks still key risk areas

In the UK, UberEats has linked up with a host of restaurant and food chains including McDonald’s and Krispy Kreme, which is due to open in Ireland later this year.

Move could see Big Macs or Krispy Kreme doughnuts delivered to your desk or home

BRE Global also has plans to create a new test laboratory in Dublin this year which will employ 15 to 20 local engineers, scientists and technicians to test a range of construction and fire-protection products

UK construction cert company chooses Dublin as post-Brexit base for European activities

 Revenues at Swiss-Irish food group Aryzta fell by 6.3 per cent in the first half of the year, as the beleaguered bakery group reported a pre-tax loss of €231 million for the period.. Photograph:  Nick Bradshaw

Revenues at Aryzta fell by 6.3% in the first half of its financial year to €1.79 billion

According to a spokesman for Arrow Global, Mars Capital Ireland had already been servicing all customers who were not up to date for the last two years.

Former Oaktree private equity fund affiliate brings mortgage servicing back in-house

To avail of Live Life Rewards deals, Bank of Ireland customers need to register their Visa debit card for the scheme and use their card with participating retailers.

Bank links with host of retailers to offer loyalty reward scheme on purchases

Some 33,000 cars were bought with PCP deals in Ireland in 2016, new research shows. Photograph: Gareth Fuller/PA Wire

Finance plans risk ‘significant consumer detriment’, protection body warns

Cheaper to buy than rent? Cairn has done the sums at its Parkside development and says it will save you €500 a month to buy.

New homes developer says buyers can save €500 a month on cost of typical starter home

Panda Power is offering duel fuel discounts to customers

Utility provider to offer discounts to customers for combining waste, electricity and gas services

Kerry’s Antoinette Butler says she is “much happier” since taking control of her pension.

It’s never too late to maximise your chances of a healthy financial future

According to the survey someone in Dublin looking to move on from their current home will need €140,019 to do so.

Affordability hit as property prices continue to rise and Central Bank lending rules bite

Services activity across Ireland was steady in February, although the rate of increase was the weakest since November. Photograph: Brenda Fitzsimons/The Irish Times

Irish firms ‘very optimistic’ on outlook for year ahead

Paddy Power Betfair said it is currently looking for a replacement for Mr Gersh.

Departure of Alex Gersh follows last summer’s surprise exit by Breon Corcoran

Rituals opened an outlet at Kildare Village last November.

Dutch cosmetics group aims to bring ‘slow shopping’ to Grafton Street

An improving outlook for the global economy  has led to a significant bond sell-off.

Rising bond yields spark bubble concern and fear of investor losses as bond prices fall

It’s not here yet, but if it comes,  businesses across the country may be disrupted. Photograph: Frank Miller

Despite panic from shoppers, businesses say they’ll take a ‘wait and see’ approach to impending storm

In January, 3,145 people or couples received mortgage approval in the month, up by 11.6 per cent on the year, at a combined value of €695 million.

Numbers approved up by 12% on year as buyers seek a rung on property ladder

“Managing your finances in your 30s is a balancing act between saving for exciting life changes and also considering long-term goals”

‘Get a house and don’t worry about a pension for now’ was the advice for a 30-something

Richie Boucher: total remuneration of €964,000 in 2017. Photograph: Aidan Crawley

Package on a par with Boucher as Francesca McDonagh foregoes pension for higher salary of about €952,000

Businesses were forced to close during last October’s Hurricane Ophelia leaving some workers out of pocket. Photograph: Daragh Mc Sweeney/Provision

Businesses have no legal obligation to pay staff who can’t get to work this week due to the ‘beast from the east’

Bank of Ireland returning to the broker channel could intensify competition for borrowers and lead to lower rates - but this would be at the expense of cashback deals. Photograph: Brenda Fitzsimons / The Irish Times

Bank will soon be back in business with brokers which could intensify competition and lead to new innovations

Francesca McDonagh: In her first set of results as Bank of Ireland group chief executive, Ms McDonagh pointed to a “strong performance” in 2017. Photograph:  Cyril Byrne

Bank to pay shareholders 11.5 cents a share as it reports €1bn in underlying profits

Living Offset is creating 175 million Loff tokens, 65 per cent of which will be available to the public.

Living Offset hopes to raise €20m to fund carbon offset business via initial coin offering

The Vintage Kitchen on Poolbeg Street. A €3 corkage charge was introduced in January, on the back of the rent being increased “substantially”. Photograph: Alan Betson

A dream can quickly turn into a nightmarewhen a standalone owner is up against big players

Ulster Bank chief executive Gerry Mallon: the bank’s non-performing mortgage loan book consists of about 20,000 customers, and is worth about €4 billion, he says. Photograph: Cyril Byrne

Tracker costs push the bank into a €151m operating loss for 2017

Gerard Fitzpatrick launched Jamie’s Italian in Dundrum Town Centre  back in 2012. Photograph: Dara Mac Dónaill

Despite difficulties in chef’s UK business, Irish franchisee says he’s confident in the future

The Ivy at One Molesworth Street, on the corner of Dawson Street,  will be a brasserie-style restaurant open   seven days a week. Photograph: Bryan Meade

Well-known London celebrity haunt has started to recruit for new Dublin outpost

Eir’s new chief executive Carolan Lennon is pictured with Taoiseach Leo Varadkar  launching the Eir Fund back in 2017. Photograph: Marc O’Sullivan

First female chief executive for telecoms provider

Under the new rules, providers of certain investment products have to publish key investor documents

New PRIIP rules help lift lid on hidden investment charges but their complexity hinders transparency

The volatility of bitcoin will make it very difficult to be used as a currency for transactions.

South Dublin councillor wants to see payments for parking fines and property tax accepted in bitcoin

Dublin was  named fDi’s Northern European Region of the Future, top small European region overall, as well as the top small region for economic potential and business friendliness in a new FDI survey. Photograph: Dara Mac Donaill / The Irish Times

Second placed Dublin is capitalising on ‘Brexit jitters’ to attract investment ahead of Paris and Frankfurt

Steve Tormey: Toyota’s chief executive in Ireland expects its new finance arm to provide funds for the rapidly growing hybrid sector.

Japanese car giant expects to lend €70m in its first year; 50% of cars sold in January were hybrid models

Coffee can cost you €1 or €6 depending on value of cryptocurrencies at new cafe

Value for money? Since 2009, bitcoin has soared from just about $3 to a high of some $19,800 in mid-December. Photograph: Jack Guez/AFP/Getty Images

Investors say recent weakness in crypto is like going shopping for bargains in the Christmas sales; others warn that investing is (...)

Homebuilder Cairn hopes to build 179 student accommodation units, with space for 576 beds, on the former Blakes and Esmond Motors site off Stillorgan Road

Developer hopes to build nine-storey development for 600 students at site off the N11

The survey shows that it can now be cheaper to buy rather than rent

Tenants in capital now paying €375 a month more than during Celtic Tiger, survey finds

Irish investors are turning to crypto currencies such as Bitcoin in growing numbers to try and benefit from outsize gains. Photograph: Karen BLEIER/AFP/Getty Images

Follows ban by host of UK banks on buying cryptocurrencies with your credit card

Michael Gladney: he has been appointed as Revenue Commissioner

Official will oversee six divisions of the tax authority

Recent market volatility may be spooking pension savers and traders alike. Photograph. by Scott Olson/Getty Images

As markets melt the only action pension savers should take is to review their investments

CSO figures show that 47 per cent of  workers in Ireland aged 20-69 had a private pension in 2015, down from 51 per cent in 2009 and 54 per cent in 2008.

Government to launch review of auto-enrolment and State pension

Since Britain voted to leave the EU, we’ve been waiting for international financial institutions to set up here, but Ireland’s banking sector is still bereft of new players. Photograph: Bryan O’Brien

A year and a half after the historic vote, not one new bank or lender has been authorised

Decathlon, known as  “the Ikea of sports retailing”, has 1,350 stores across more than 40 countries and a multi-billion euro annual turnover

Family-owned company is promising nine Irish stores, including Dublin, Cork and Galway, more than 500 jobs and low prices

Lending jumped 27.4 per cent last year at the South Dublin Credit union – a  merger of former credit unions in Stillorgan and Donnybrook. Photograph:  Colin Keegan / Collins

Bad debt figures fall but costs jump as community lender eyes smaller local group

Castlehaven is close to completing home construction loans totalling €30 million and has proposals for a further €200 million in the pipeline. Photograph: Peter Byrne/PA

Financier aims to loan €350m for residential developments in Republic’s urban areas

Galway’s G Hotel is set for a refurbishment.

Choice Hotels Group to take over management of Galway’s G Hotel and Meyrick

Unemployment is now at its lowest rate since May 2008. Photograph: Aidan Crawley

Numbers out of work now at lowest rate since May 2008

Local authorities are set to apply stringent eligibility requirements when the new affordable home loan scheme goes live this Thursday. Photograph: Bryan O’Brien / The Irish Times

Borrowers wanting to circumvent Central Bank rules may need to look elsewhere

The construction of new homes increased to about 11,000, figures suggest. Photograph: Alan Betson

Official figures still ‘significantly overstating’ level of such construction in State

AIB chief executive Bernard Byrne:  he told an Oireachtas committee last week that the bank had paid out €133m so far of an expected €190m to impacted customers. Photograph: Cyril Byrne

Banks will fight initial legal actions, so affected customers should inform themselves before acting

Former chief executive of the National Consumer Agency Ann Fitzgerald will join other independent appointees hearing consumers’ appeals on the tracker mortgage scandal. Photograph: Brenda Fitzsimons

Unclear how many of 33,000 impacted parties will challenge redress and compensation

It is still the only Irish university in the Financial Times Top 100 global business schools but UCD Smurfit School has significantly dropped in this year’s rankings.

Business school falls to 94th place as graduates’ salaries take a hit

The Minister for Finance is to appoint two new board members to Ireland’s so-called “bad bank” for a term of five years. Photograph: Alan Betson / The Irish Times

‘Bad bank’ is recruiting two new board members for a five-year term

Glenveagh has also completed the acquisition of a two-hectare site in Dublin’s north Docklands

Move brings capacity of the Irish housebuilder’s landbank up to over 5,000 units

Employment across Údarás na Gaeltachta supported businesses rose to its highest level since 2008 on the back of continued jobs growth across all regions. Photograph: Joe O’Shaughnessy

State agency says 630 new full-time jobs were created in 2017 as it warns of the Brexit challenge

Brothers Colum and Ciarán Butler acquired the hexagonal 37sq ft kiosk in Ballsbridge for €330,000 last summer.

Owners of US coffee chain’s Irish franchise set to reopen outlet under alternative brand

Irish Life said it will cut prices by an average of 9.5 per cent for adults, and 14.2 per cent on children’s premiums.

Move comes on the back of price cut from Vhi as competition in market heats up

Ulster Bank, the Irish subsidiary of Royal Bank of Scotland, is to pay its parent a dividend of €1.5 billion.

Irish subsidiary of RBS takes another step to normalising its capitl structure

Many landlords are thinking about leaving the market on the back of rent controls, higher taxation and greater compliance costs. Photograph: iStock

‘I am crucified to the point that I am considering selling up’: Landlords on why despite soaring rents it can be hard to make the (...)

Teachers, nurses and other low to middle income earners can circumvent Central Bank lending rules at lending rates of as low as 2%

Gráinne McEvoy, former head of securities and markets supervision, has been appointed to the role of director of consumer protection at the Central Bank. Photograph:  Jason Clarke Photography

Appointments will help regulator deliver on its financial conduct mandate

The Competition and Consumer Protection Commission has warned that cashback offers might not make financial sense in the long term because of the higher rates often also charged.

Mortgages Bill could see homeowners benefit from pressure on rates if passed

On a monthly basis, prices fell by 0.1 per cent in December.

Pre-Christmas discounting by retailers sees consumer prices fall in December

Thanks to an amendment to the BIK regime, if your employer were to buy you a new Tesla (if they could track one down) retailing at about €100,000, you would get to save €17,160 a year in taxes.  Photograph: CHANDAN KHANNA/AFP/Getty Images

Like all taxes, benefit in kind has its quirks, but employees need to wise up to the extra tax they’re paying on work perks

The Hodson Bay Hotel group now obtains 63 per cent of its bookings via phone.

Commission rates of 15-20 per cent prompt move to reduce dependency on online hubs

Dalata, the group behind the Clayton and Maldron brand names, is set to bring more than 500 rooms to  Dublin market

Davy says just 800 rooms will come onto the market in 2018, 38% less than expected

Irish Life has said it is not considering a foray into private hospital ownership.

Pensions company says it is at an ‘advanced’ stage to enter build-to-rent market

Year-on-year growth in Irish comsumer spending inched up 2.5 per cent in 2017, Visa said, with online shopping rising 7.4 per cent in the year.   Photograph:  Dominic Lipinski/PA Wire

KBC survey suggests return to boom-time conditions still ‘remote’ for many people

Forever 21 continues to trade at the Henry Street store, it’s understood that it has agreed to terminate its lease, and a closure is expected to be imminent.

US youth fashion retailer is culling international outlets due to poor trading performances

To stay invested in retirement via an approved retirement fund while living  tax-free abroad, you’ll need to be wary of a new Revenue ruling.

If you’re chasing a tax free retirement in Portugal, a new ruling may make you think twice

In December it was disclosed that more than 30,000 home-owners were found to have been either denied a tracker mortgage or were put on the wrong rate. Photograph: Getty Images

Rating agency DBRS says payouts are larger than those seen in other European cases

Feeling flush? Despite economic indicators showing our wealth is recovering, many households continue to be weighed down by high rents and precarious jobs.

If our financial health is blossoming, why don’t we feel it?

Paddy Power Betfair’s new chief executive, Peter Jackson: the move to the head of the gambling giant represents a big step up for the 42 year old

Mixed start for ex-Worldpay UK boss as share price falls and Morgan Stanley cuts its recommendation

Last August Mr Kiely sold Voxpro, which provides high-end call centre operations for tech companies, for about €150 million to Canadian firm Telus International, netting himself and his business partner and wife Linda Green-Kiely a significant windfall.

Voxpro founder Dan Kiely to invest €200,000 in Abodoo

Irish investors who currently hold foreign listed products will still be able to hold or sell these investments, but won’t be able to purchase more for the time being. Photograph: Yui Mok/PA Wire

Irish investors will be temporarily excluded from investing in products such as US listed ETFs

Staycity Edinburgh property:  group has teamed up with Tetrarch Capital, an Irish investment group, for two developments on Pearse Street in Dublin’s city centre.

Staycity Aparthotels looks towards 1,500 units in Irish capital as revenues climb 25%

Prices in Dakota Court, Phibsborough, Dublin 7, especially the one-bedroom units, have increased by about €50,000 in the past 12 months

Survey highlights Europe’s ‘austerity star performer’, although a slowdown is expected

Castlecourt Shopping Centre

But year would have been ‘disappointing’ only for £123m sale of Belfast shopping centre

Writing down financial goals may not mean you’ll actually achieve them, but it increases your chances of doing so.

New Year’s resolutions don’t all have to be about giving up chocolate and alcohol

View from Bella Vista, Coliemore Road, Dalkey, on sale in need of complete overhaul in March for €1.2m, sold by June for €1.4m

Some investors made quick turnaround gains of more than 100%, especially on houses in need of serious repair in good areas

The €200 annual charge, the non-principal private residence, was first introduced in 2009. Photograph: Joe St Leger

Second-home charge not tax deductible but if it changes people may be out of pocket for 2013 payment

Travelers’ Europe, the UK based operation of US insurance company Travelers, is set to establish a new hub in Dublin to allow it to continue to service its EU based customers. Photograph: OLIVIER HOSLET/EPA

Travelers Europe is to seek authorisation for a new EU insurance hub in Dublin

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