Business News

Social network site in €180k commitment to help Irish jobseekers

23rd May 2017

LinkedIn has announced a new partnership with Jobcare aimed at connecting communities in need with economic opportunities to make their visions a reality. Over the next two years, LinkedIn, the world’s largest professional social network, will provide €180k in funding through the company’s social impact programme, LinkedIn for Good. “With our EMEA headquarters in Dublin, […]

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Revealed: Homebuyers race for deals as €20,000 grant faces axe

23rd May 2017

Fine Gael leadership frontrunner Leo Varadkar risks causing further chaos in the housing market after pledging to abolish the Help to Buy scheme if it proves to be inflating prices. Estate agents have claimed that prices could further rise in the short-term as first-time buyers scramble to buy properties amid fears the grant will be […]

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Five things you need to know about Peer-to-Peer lending

22nd May 2017

Following the announcement from Linked Finance, an Irish Peer-to-Peer (P2P) lending platform, that it has received full authorization by the UK’s Financial Conduct Authority (FCA) which will enable it to move into the UK market, we have the top five things you should know about P2P lending. One – It was invented in Ireland! P2P […]

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Irish peer-to-peer lending platform receives UK authorization

22nd May 2017

Linked Finance, an Irish Peer-to-Peer (P2P) lending platform, has received full authorization by the UK’s Financial Conduct Authority (FCA) which will enable it to move into the UK market. The approval comes as the Department of Finance initiates a public consultation process on the potential introduction of regulation of the P2P sector in Ireland. The […]

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EU won’t loosen rules to ease pain of Brexit – Noonan

22nd May 2017

Brexit isn’t a good enough argument to persuade the EU to loosen its strict budgetary rules to allow for more spending, Finance Minister Michael Noonan has signalled. Mr Noonan has said he wants to spend more money on much-needed capital investment, but argued that he is hamstrung by the European Union’s fiscal rules, which limit […]

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Bank of Ireland names high-ranking female banker as new CEO

18th May 2017

Bank of Ireland has appointed a high-ranking female banker, Francesca McDonagh, to succeed Richie Boucher as chief executive officer later this year. The bank confirmed McDonagh, who is 42 and from the UK, will take over the reins on October 2. She is the first female CEO of an Irish bank and saw off internal […]

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Bank of Ireland names high-ranking female banker as new CEO

18th May 2017

Bank of Ireland has appointed a high-ranking female banker, Francesca McDonagh, to succeed Richie Boucher as chief executive officer later this year. The bank confirmed McDonagh, who is 42 and from the UK, will take over the reins on October 2. She is the first female CEO of an Irish bank and saw off internal […]

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C&C playing ‘long game’ in US as its asset value is cut by €129m and revenue slumps

18th May 2017

Bulmers and Magners owner C&C is under no pressure from shareholders to sell its US operations, after slashing the value of its assets there by €129m during its last financial year, according to CEO Stephen Glancey. The company said the carrying value of its US assets is now €45m. Mr Glancey said the long-embattled US […]

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C&C playing ‘long game’ in US as its asset value is cut by €129m and revenue slumps

18th May 2017

Bulmers and Magners owner C&C is under no pressure from shareholders to sell its US operations, after slashing the value of its assets there by €129m during its last financial year, according to CEO Stephen Glancey. The company said the carrying value of its US assets is now €45m. Mr Glancey said the long-embattled US […]

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Property prices forecast to rise 10pc this year and 8pc in 2018

18th May 2017

The average price of a house is set to soar by the end of 2018 – first jumping 10pc this year, and rising by another 8pc next year. House completions are to grow strongly, Goodbody Stockbrokers said in a new report on the economy. But it will take a number of years before the number […]

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