What it says in the papers – business pages
Here's a look at what it says in the business papers of today's newspapers:
- The IDA has so far managed to recruit just one of the 10 extra "Brexit" staff for which it received approval from the Government.
- Dublin pub and restaurant chain The Mercantile Group will be broken up, with the bulk of the business retained by shareholders Danu Advisory Partners Ltd.
- World heading for a pensions crisis, but no quick fix is in sight as people are living longer.
- Allied Irish Banks (AIB) will begin its journey back to privatisation this week as the Government prepares to officially launch a €3bn share sale.
- An Bord Pleanála has rejected plans for the construction of three office blocks near Dublin Airport that would have formed the first phase of a landmark business campus.
- Permanent TSB will consider a “small number” of voluntary redundancies under plans to reposition its branch network, according to one of its main unions.
- Knock airport experienced a 9.1pc increase in passengers, as airline passenger numbers in the first quarter of this year increased by 4pc across all airports compared to the same period in 2016.
- Telecoms regulator ComReg is likely to lower the maximum fee Eir can charge to connect customers to its fibre broadband infrastructure.
- The Supreme Court has limited the access to CRH executive’s emails as part of an investigation into alleged anti-competitive practices.
- Retail sales grew at their slowest pace in three years in April amid a significant fall-off in new car sales.
- A fund is seeking judgment for €2.6m against the developer of two luxury Liffeyside homes in Dublin.
- A group representing Royal Bank of Scotland investors has accepted an out-of-court deal to settle a lawsuit that aimed to call disgraced former ceo Fred Goodwin to account over a £12bn cash call in 2008.