Category: News

Regrets, we had a few. Ireland’s banking crash inquiry threw up some apologies and the odd sorry too.

Musician Colin Vearncombe, known as Black, has died after suffering head injuries in a car accident. The singer, from Liverpool, who had a global hit in 1987 with Wonderful Life, suffered swelling on his brain in a crash near Cork Airport on January 10.

Betting chain Paddy Power has said it expects a 9% boost to profits, buoyed by “good” trading at the end of last year. The Dublin-based bookmaker upgraded its forecast for underlying pre-tax earnings of around 180 million euro for 2015, a rise of 16.2 million euro on 2014.

At least 35 lives were saved by lifeboat crews as they rescued more than 1,200 people in Irish waters last year. Howth in Co Dublin was the busiest RNLI station, with 60 launches and 58 people taken to safety, followed by the volunteers in Clifden, Co Galway, who put to sea 49 times and took… Continue reading 35 lives saved by lifeboat crews in Irish waters last year

Stormont’s First Minister has defended the Irish Taoiseach’s right to voice an opinion on Brexit, but warned that people in Northern Ireland “don’t take too kindly to people telling us what to do”. Democratic Unionist leader Arlene Foster’s comments came after DUP deputy leader Nigel Dodds characterised Enda Kenny’s remarks about a UK exit from… Continue reading Foster: 'People don't take kindly to being told what to do over EU'

Major multinationals are stalling on plans to invest in the UK while eyeing up Ireland in the event of a Brexit, Dublin’s Central Bank chief has said. Professor Philip Lane also blamed the sliding value of sterling on mounting fears over the in/out referendum on whether Britain should remain part of the EU.

A coalition of trade unions, NGOs and rights groups has called on the Government to back a Robin Hood tax on bankers and stockbrokers which could raise up to 360 million euro (£273m) a year. The campaign said the current Fine Gael-Labour coalition is ignoring an opportunity for a financial transaction tax which is being… Continue reading Campaign groups call for backing over Robin Hood tax on bankers

A global customer credit agency has vowed to create 100 jobs with the opening of new offices in Dublin. Equifax said its IT talent centre, on Sir John Rogerson’s Quay, will develop new solutions for its business around the world.

Ireland’s new banking chief has vowed to shake up the mortgage market to make it easier for homeowners to switch lenders. Central Bank governor Philip Lane claimed he was powerless to directly intervene where banks controversially charge existing customers higher rates than new borrowers.

Enda Kenny has asked David Cameron to visit Ireland for the commemorations of the 1916 Easter Rising against British rule. The Taoiseach said his Downing Street counterpart would consider the invitation in due course “if that is appropriate”.