Business Irish

Friday 9 December 2016

Post Offices seek current accounts

Campaign

Published 28/09/2011 | 05:00

THE Irish Postmasters' Union (IPU), representing 1,100 Post Offices nationwide, yesterday launched a campaign -- 'Your Post Office -- Open for Business' -- to persuade the Government to expand the range of services available to its 1.7 million customers every week. The Government is engaged in a highly significant financial inclusion strategy and the IPU has called for Post Offices to be allowed offer current accounts to its existing and future customers.

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Irish international ranking slips to 17th

SURVEY

IRELAND'S reputation internationally has slipped significantly since last year, according to a new survey of G8 nations. The country is now ranked 17th out of 53 states -- down three places since the last survey in 2010. The figures also reveal that nationals rate Ireland 31st, a drop of 12 places since last year. According to researchers at Corporate Reputations and the Reputation Institute, Ireland's international reputation is having a marked negative effect on the economy.

Scientific pair-up worth €130,000

RESEARCH

Research and Innovation Minister Sean Sherlock has welcomed the announcement of a new commercial partnership worth more than €130,000 between CRANN, an internationally recognised nanoscience research institute, hosted by Trinity College Dublin, and the Cork-based biotech and pharmaceutical company Merck Millipore, which employs more than 400 people at its Carrigtwohill facility.

€30m losses at Icon consortium in 2010

CONSTRUCTION

ACCOUNTS filed with the companies office show the consortium that built the Ballinasloe-Galway toll road suffered losses of almost €30m last year. The Icon consortium won the contract for the €605m project in 2007. Retained losses at N6 (Construction) which built the road were €50m at the end of 2010. The accounts say the consortium has made a claim to the National Roads Authority to make good unforeseen costs. The consortium is made up of PJ Hegarty & Sons and Spanish infrastructure companies FCC Construction and Itinere Infraestructuras.

Irish Independent

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