Post Offices seek current accounts
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.
Irish international ranking slips to 17th
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 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
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.