Thursday 17 August 2017

What it says in the papers – business pages

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

Irish Independent

  • Housebuyers are paying an extra €19,000 for their homes compared with a year ago - effectively wiping out any gain from the Government's first-time buyers' grant.
  • Fears that thousands of motorists are taking out finance deals without being aware of the pitfalls have prompted the State consumer protection body to launch a new study.
  • Commercial semi-state Bord na Móna will today unveil a €1.2bn investment programme with a major focus on renewable energy projects.
  • Walt Disney Co said it will build an immersive 'Star Wars' hotel at its resort in Orlando, Florida, as part of a flurry of investments announced at the weekend by the company.

Irish Times

  • Officials fail to agree funding for new medicines at ‘crunch meeting’ with nine drugs still waiting for Government funding despite having HSE approval.
  • MircoFinance Ireland, the State-backed lender for often unbankable micro-business, has seen signs that mainstream lenders are easing credit flows to small companies.
  • First Auto Finance has introduced a new long-term rental agreement plan aimed at international executives working in Ireland on limited contracts.
  • Shopper numbers in the North fell to “rock bottom” of the UK league table last month, posting the fastest decline in footfall on high streets.

Irish Examiner

  • Hoteliers have defended the €626m-a-year cost to the exchequer of retaining the low, 9pc Vat level for hospitality.
  • The consumer protection watchdog will study the use by car dealers of so-called personal contract plans (PCPs) — a type of finance that involve a balloon payment and are linked to future depreciation values.

Online Editors

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