Business Irish

Saturday 22 July 2017

What it says in the papers - business pages

Ellie Donnelly

Here's a look at what it says in the business papers of today's newspapers:

Irish Independent

  • A hard Brexit will play havoc with the equine industry across Ireland, the chairman of Punchestown Racecourse has warned.
  • There has been a huge increase in the number of unemployed people who had their dole cut for failing to take offers of work or training.
  • Two of Ireland’s three biggest TV operators are to offer their TV services direct to mobile phone customers as the government considers introducing a license fee for larger screens.
  • Irish med tech firm Diaceutics has announced a five-year multi-million euro partnership with US-based BioReference Laboratories.
  • Gains from corporate tax receipts should be ring-fenced for much-needed capital investment Ibec has argued.

 

Irish Times

  • The government is prepared to offer some 300,000 public service workers a pay rise of 6pc over three years as part of a deal on their remuneration.
  • EU consolidation plan would halve Irish corporation tax take, equivalent to €4bn in revenue, Ibec has warned.
  • Four Irish start-ups have been selected to fight it out in a competition to find the country’s most scalable business idea.
  • Europe’s aviation sector is facing a huge degree of “uncertainty” with political and security issues, overcapacity and rising oil prices among the key challenges, senior industry leaders have warned.

 

Irish Examiner

  • Drug delivery company United Drug is to invest €40m in upgrading its Dublin headquarters in a move which will significantly expand its capacity in the coming years.
  • Credit unions have moved a step closer to adding mortgage lending to their suite of services.
  • Food Wise 2025 identifies potential for agri-food growth. The report identifies 12 recommendations under the headings of co-ordination, internships and apprenticeships, on-the-job training, and languages.

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