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

Dairy co-op Lakelands moved closer to a takeover of rival LacPatrick after one of two regulators scrutinising the deal gave an initial indication that(...)

European Union and British reforms introduced in the past two years to increase audit market competition ended up with companies switching between the Big Four rather than hiring smaller rivals. Photograph: iStock

Britain needs a new watchdog to shake up the country’s “Big Four” accounting firms and reduce their dominance of the market for auditing companies’ bo(...)

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

Lakeland Dairies and rival LacPatrick must put their proposed merger on hold while a second competition watchdog scrutinises the deal. Lakeland and (...)

AIB said it had received an enthusiastic response from fintechs in the UK, where it launched an open application programming interface earlier this year.

AIB, the country’s largest retail and commercial bank, is to open up its online banking technology to external software developers to allow them to p(...)

Airline Stobart Air will operate some services from London City Airport services on behalf of British Airways in a deal similar to one involving Aer (...)

The Dublin-London City route has been Cityjet’s mainstay since it launched in the 1990s. Photograph: Nick Bradshaw

UK regulators intend investigating Aer Lingus’s plan to take over Cityjet’s services from Dublin to London City Airport for possible breaches of compe(...)

Asda is planning to merge with Sainsbury’s, although the deal is to be subjected to investigation after the Competition and Markets Authority said it raised sufficient concerns to be referred for an in-depth review. Photograph: Chris Radburn/PA Wire

UK supermarket giant Asda is to start consulting with staff over potential job losses next year, which could total almost 2,500, according to sources.(...)

Speakers at the Chartered Accountants Ireland conference included Andrew Keating, Brendan Jennings, Barry Dixon and Sinéad Donovan. Photograph: Dara Mac Dónaill

Mounting regulation of auditors threatens to reduce the role to a meaningless “technical box-ticking” exercise, according to Michael Cawley, former Ry(...)

More than €2.5 trillion of global fund assets are domiciled in Ireland in an industry that employs about 14,000 people

IDA Ireland has said asset managers account for about half of the 100-plus applications the Central Bank is dealing with from firms seeking authorisat(...)

UberEats has expanded into 300 cities around the world. Photograph: Artur Widak/NurPhoto via Getty Images

Uber is targeting the UK’s food delivery market with plans to link up with Deliveroo, the London-based food delivery app, in the latest sign of Big Te(...)

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