Wednesday, March 10 2010

Business

Value of land offered as security is down by 50pc, AIB admits

AIB, the country's second largest bank by value, has admitted that rural land offered up by its borrowers as collateral has "typically'' come down in value by at least 50pc.

Inside Business

Marc O'Dwyer: 'The next market is Australia. We could do it by
2011, we're already talking to Enterprise Ireland over there'

The Big Red Book is in the black and now eyeing up overseas opportunities

THEY'VE been a costly headache for most businesses, but for The Big Red Book yo-yoing VAT rates and unusually frequent budgets take on a different complexion. "That's all good for us, whatever new rules they bring in will help us," smiles Marc O'Dwyer, who took over the accountancy software firm in 2000.

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