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Several companies in the O’Flynn group are suing former employees  saying they made a €12.5m profit on a student accommodation project at the business’s expense. The former employees deny the allegations. Photograph: iStock

Developer Michael O’Flynn was very unhappy that his group paid former investment manager Patrick Cox “extraordinary” fees of hundreds of thousands of (...)

Michael O’Flynn in the High Court: ‘I gave nobody any instruction to do this’

A company in the O’Flynn property development group mistakenly sought permission to build student apartments on a site in Birmingham in England, the H(...)

Michael O’Flynn said that the group placed “huge trust” in Patrick Cox, the son of former European Parliament president, Pat Cox. Photograph: iStock

A relationship with former European Parliament president Pat Cox prompted developer Michael O’Flynn to hire the politician’s son Patrick Cox, the High(...)

Several O’Flynn group companies are suing former employees Patrick Cox, Liam Foley and Eoghan Kearney for using information taken from the business to develop their own projects.

Patrick Cox took more than 36,000 confidential documents from the O’Flynn group of companies before leaving the property developer’s employment, the H(...)

Shares in UK pub giant Mitchells & Butlers, backed by Irish horse-racing magnates JP McManus and John Magnier, jumped after it reported record sales around Christmas.  Photograph: Carlos Jasso/Bloomberg News

Shares in UK pub giant Mitchells & Butlers, backed by Irish horse-racing magnates JP McManus and John Magnier, jumped on Thursday after it said sa(...)

The currency trader said on Tuesday a software virus identified on January 2nd was a ransomware attack

Staff at foreign exchange firm Travelex are using pen and paper to serve thousands of customers after the company said cyber hackers were holding its (...)

 KBC Group CEO Johan Thijs: ‘What is still an annoying thing is all the tracker mortgage stuff and, honestly, we would recommend to Central Bank of Ireland: come on, guys, turn the page.’ Photograph:  Brenda Fitzsimons

The dreaded B-word hovered malevolently over the banking sector, like most areas of Irish economic and political life, in 2019. Fears over the impact(...)

Dilosk, which bought ICS mortgages from Bank of Ireland in 2014, has been offering buy-to-let loans since 2016 and ventured into the owner-occupier sector in September. Photograph: iStock

Dilosk, the non-bank mortgage lender, swung into profit in 2018 and expects its total loan book to grow to €650 million by the end of this year. The (...)

Traders work on the floor at the New York Stock Exchange: the S&P 500, which sets the tone for markets globally, passed a landmark in August as it recorded its longest rally, having gone nine and half years without a fall of at least 20 per cent. Photograph: Reuters

US-China trade tensions. Brexit. Fears of a global recession. Drone attacks on Saudi Arabian oil refineries. Donald Trump becoming the third US presid(...)

Ulster Bank paid a €500 million dividend to its parent, Royal Bank of Scotland, on Tuesday as it continued to dip into its excess capital reserves to return some of its bailout money.

Irish banking stocks fell in Dublin on Tuesday as the Bank of England ordered lenders with businesses in the UK hold additional capital to absorb loss(...)

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