David Drumm,  ex-chief executive of Anglo Irish Bank: ‘I don’t think he [Lenihan] gets it’. Photograph: Josh Reynolds

Anglo Irish Bank chief executive David Drumm said he would “punch” then minister for finance Brian Lenihan in a bid to secure funding for the distress(...)

An email from then Anglo chief executive David Drumm entitled ’regulator squared’ is among documents relied on by the Quinns to support those claims.  Photograph: Bryan O’Brien/The Irish Times

The Irish Bank Resolution Corporation has asked for an urgent hearing of its Supreme Court appeal aimed at preventing the Quinn family litigate claims(...)

About one in five (19 per cent) loan applications from SMEs are now being turned down, unchanged from September 2012, although the rate has fallen from 23 per cent a year ago, a new survey commissioned by the Department of Finance shows. Photograph: Frank Miller

While demand for credit among smaller and medium-sized businesses remains low, almost one in five loan applications are still being declined by the ba(...)

The picture emerging from the recording of a private telephone conversation between two Anglo Irish Bank executives shows how a failing bank sought to(...)

There is no scope in the forthcoming Budget for significant income tax cuts, Minister of State at the Department of Finance Brian Hayes has said.  Photograph : Matt Kavanagh / The Irish Times

There is no scope in the forthcoming Budget for significant income tax cuts, Minister of State at the Department of Finance Brian Hayes has said.He sa(...)

Internal Department of Finance emails indicate that officials were aware that local authorities were free to pass on the charge but sensitive about making this known publicly. Photograph: Frank Miller

Government officials changed the wording of the budget to obscure the fact that thousands of local authority tenants can be made liable for the proper(...)

German finance minister Wolfgang Schäuble (left) and his French counterpart, Pierre Moscovici, at last Friday’s Ecofin meeting in Luxembourg. Photograph: Peter Cavanagh

Irish officials will hold a series of high-level meetings in Brussels in the coming days in a bid to move towards common EU agreement on new banking (...)

“Frank Flannery, the businessman and Fine Gael fundraiser who chairs the forum on philanthropy, called on the Department of Finance to ‘look with new eyes at this area and to do all it can to stimulate growth within it’. What Flannery means is tax breaks for big charitable donations.” Photograph: Eric Luke

Last week the Government launched its campaign to encourage philanthropy. One Percent Difference seems to be a broad church, aimed at everything from (...)

“By early 2007 at the latest, the property market was already collapsing and all that remained was for the true scale of the banking and budgetary debacles and the implications for the taxpayer to eventually come to light.”

Traditionally the Irish, who can sing the dead to sleep, have been good at organising wakes. The financial wake of 2008 is another matter. 2008 will b(...)

The Government has failed distressed borrowers and is more concerned with protecting the State’s banks, the head of the Free Legal Advice Centre, Noel(...)

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