Paschal Donohoe

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The Minister for Finance Paschal Donohoe will update Cabinet on the Davy scandal on Tuesday. Photograph: Julien Behal.

Minister for Finance Paschal Donohoe is to update Cabinet on the Davy scandal on Tuesday, Minister for Higher Education Simon Harris has said. The me(...)

Irish public borrowing has ramped up over the past year to cope with the cost of the Covid-19 pandemic. Photograph: iStock

Ireland is forecast to have the highest government debt per head of population in Europe this year, as the impact of Covid-19-related borrowings pushe(...)

The Davy Group at Davy House on Dawson Street, Dublin. Photograph: Gareth Chaney/Collins

Members of the Davy group of 16 at the heart of the scandal that has landed the stockbroker with a record fine face the possibility of personal sancti(...)

The handling of the fallout from the €4.1 million fine last week left a lot to be desired, Minister Michael McGrath said.  Photo: Sasko Lazarov/Rollingnews.ie

Minister for Public Expenditure and Reform Michael McGrath said that the Central Bank’s €4.1 million fine and rebuke of Davy over a bond-deal scandal (...)

The Davy Group at Davy House on Dawson Street, Dublin. Photograph: Gareth Chaney/Collins

Davy chief executive Brian McKiernan, deputy chairman Kyran McLaughlin and head of bonds Barry Nangle have resigned their roles in the country’s large(...)

Of the 13 Irish companies on the Iseq 20 that use Davy as a corporate broker, 11 have so far declined to comment on the actions of the firm. Photograph: Sasko Lazarov/Rollingnews.ie

Senior executives in AIB and Goodbody Stockbrokers were bracing themselves for political and public pushback as they prepared to confirm at 2pm on Tue(...)

 Minister for Finance Paschal Donohoe expects the economy to contract in the first three months of this year.  Photograph: Julien Behal.

The Irish economy grew by 3.4 per cent in 2020, despite one of the toughest pandemic related lockdowns in Europe, on the back of record growth in the (...)

The Davy Group at Davy House on Dawson Street, Dublin. Photograph: Gareth Chaney/Collins

It seems safe to assume that Tuesday was the worst day in the 95-year history of Davy, the grandee of Irish stockbrokers. It was hit with a record Cen(...)

Paschal Donohoe: “The higher the stock of public debt which you are carrying, the more painful any increase in borrowing costs will be.” Photograph: Julian Behal

Minister for Finance Paschal Donohoe has warned that the State’s large national debt leaves it exposed to a future upturn in interest rates, and that (...)

Minister for Finance Paschal Donohoe and Minister for Public Expenditure Michael McGrath. A debate over where future  emphasis should be on tackling the public finances or spending on vital public services and infrastructure  is already emerging. Photograph: Julien Behal Photography

There’s a fear that the economic fallout from the pandemic has yet to catch up with us. That sounds like an oafish thing to say in the context of mass(...)

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