Tuesday, January 7, 2025
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John Burns

Aer Lingus says it will take a €55m financial hit from pilots’ strike action

The figure includes the leasing of aircraft, as well as paying compensation to customers who were affected by the strike, but it does not...

Bank of Ireland books a €1.1bn profit in the first six months of the year

This triggered its first interim dividends since before the banking crisis, as it plans to pay out €352m, or 35c per share. It has...

Ireland’s economy expanded in second quarter, says CSO

This followed an increase of 0.7pc in the first quarter.The CSO said the second-quarter increase was mainly driven by an increase in the industry...

Bord na Móna reports record profits of €106m as it leaves peat behind

The “brown-to green” strategy involves the 91-year-old former turf company closing all its former peat operations, and no longer using peat as a energy...

Greencore revises profit forecast upwards for the year and confirms September dividend

The company, which has its headquarters in Dublin, now expects full year adjusted operating profit to be between £88m and £90m (€105m-€107m). This is...

Ireland could have more than seven million people by 2057

In its latest projection of the size of the population and the labour force, the CSO has looked at three different growth scenarios between...

Dublin car ban will slash retail spending in the city and lead to loss of 1,787 jobs, claims report

Businesses warn of ‘devastation’ for capital’s trade if council goes ahead with traffic planAn economic impact assessment of Dublin City Council’s new transport plan,...

Government’s budgetary claim ‘not true’, says watchdog

The independent body, which has been a persistent critic of current policies, has zoomed in on the reason given for increasing the budgetary package...

New economics adviser to Simon Harris revealed

Professor Kinsella is the head of the economics department at the University of Limerick. It said he will balance the new role “with his...

Low-risk investment strategy to be taken with two new government wealth funds

NTMA will look to a longer-term strategy eventually as it squirrels away corporation tax receipts of €10bnBy the end of this year the...

Dublin traffic restrictions will block Guinness trucks’ route to port

The iconic St James’s Gate brewery is one of several city-centre businesses that has concerns about the Dublin City Centre Transport Plan, which aims...

Ireland’s domestic films fail to draw a crowd at cinemas

European research finds 95pc of visits are for foreign-produced movies While Irish films are finding bigger audiences internationally, they are not being well supported at...

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