Ireland

Results for Ireland

Anglo Trial Adjourned To Allow Defence Examine Documents

The trial of three former Anglo Irish Bank officials has been adjourned until Thursday so the defence can examine freshly uncovered documents, the Irish Times reported. The trial was due to resume on Wednesday morning. However Judge Patrick McCartan ...

Daily Headline - global.abi.org - 07/01/2015 - 22:31 - 0 comments

Ladbrokes Examiner Backs Parent’s Rescue Bid

Bookmaker Ladbrokes Ireland’s parent’s rescue plan for the troubled business has trumped alternatives proposed by rival Boylesports and others, the Irish Times reported. Kenneth Fennell, the examiner appointed by the High Court to oversee the rescue ...

Daily Headline - global.abi.org - 06/30/2015 - 22:20 - 0 comments

Some €1 Billion In Lost Tax Due To Reliefs, Noonan Reports

Just more than €1 billion of taxable income was sheltered from tax through the use of various property reliefs, Minister for Finance Michael Noonan has confirmed, the Irish Times reported. In a written reply to Fianna Fáil’s finance spokesman, Michae ...

Daily Headline - global.abi.org - 06/28/2015 - 20:31 - 0 comments

Patrick Honohan: Cost Of Bust ‘Well Over €100 Billion And Growing’

We should be used to them by now, but the figures relating to the Irish banking and economic crash still have the power to shock. At the Oireachtas Banking Inquiry, Central Bank of Ireland governor Patrick Honohan said the overall net cost to the economy ...

Daily Headline - global.abi.org - 06/25/2015 - 22:29 - 0 comments

Ibec Warns Against Legislation On Minimum Hours Contracts

Employers’ group Ibec has warned the Government not to legislate against minimum hour or flexible contracts, saying such a move could be detrimental to the economy, the Irish Times reported. Danny McCoy, Ibec ’s director general, was responding to cl ...

Daily Headline - global.abi.org - 06/22/2015 - 23:09 - 0 comments

VAT Lifted From Debt Management Services

Efforts by the Revenue to force indebted people pay VAT on advice to get themselves out of financial trouble have been rejected, the Irish Times reported. In what has been described as a landmark ruling has found that debt management services are not ...

Daily Headline - global.abi.org - 06/17/2015 - 23:03 - 0 comments

ESRI Urges Faster Sale Of State-Owned Banks To Boost Competition

The Economic and Social Research Institute (ESRI) has said the Government should consider a speedier sale of State-owned banks such as AIB to boost competition in the mortgage market and ease borrowing costs, the Irish Times reported. In new research ...

Daily Headline - global.abi.org - 06/09/2015 - 22:33 - 0 comments

Betfred To Bid For Ladbrokes’ Irish Subsidiary

British bookmaker Betfred is understood to have expressed interest in bidding for Ladbrokes’ troubled Irish business, the Irish Times reported. Ladbrokes Ireland plans to close 60 of its 196 betting shops and cut 250 of its 850 jobs under a rescue pl ...

Daily Headline - global.abi.org - 06/07/2015 - 22:14 - 0 comments

Number Of Long-Term Mortgage Accounts In Arrears Increases

The number of mortgage accounts in arrears for two years or more continued to rise in the first three months of 2015, albeit at a slower pace than seen previously, the Irish Times reported. New figures from the Central Bank show there was an increase ...

Daily Headline - global.abi.org - 06/04/2015 - 23:07 - 0 comments

Dublin-Listed Aminex Secures Six-Month Loan Extension

Dublin-listed oil and gas firm Aminex has secured a six month extension for the repayment of its $7.6 million corporate loan facility to allow it to complete ongoing repayment and refinancing discussions, the Irish Times reported. The group now has u ...

Daily Headline - global.abi.org - 06/04/2015 - 23:07 - 0 comments

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