CIF wants Budget to focus on jobs
Finance Minister Michael Noonan must prioritise employment retention in December's Budget by supporting labour-intensive and low import activities within the domestic economy, the construction employers' body, CIF, has said in its pre-Budget submission.
CIF director general Tom Parlon also criticised efforts to address the black economy in one-off house building, home repair and commercial contracting.
Lloyds may float up to 630 banks
Part-nationalised UK bank Lloyds said yesterday that a flotation of 630 bank branches which it has been ordered to dispose of by regulators remained an option, along with a sale of the branches.
New warning on US credit rating
The US will likely suffer the loss of its triple-A credit rating from another major ratings agency by the end of this year due to concerns over the deficit, Bank of America Merrill Lynch forecasts.
The trigger would be a likely failure by Congress to agree on a credible long-term plan to cut the US deficit.
Smurfit school keeps top ranking
UCD Smurfit School's MBA programme has maintained its top 20 position in 'Financial Times' and 'Economist' rankings. It is 12th amongst Europe's elite MBA business schools according to the 'Economist', and its executive MBA ranked 19th in the latest survey for the 'Financial Times'.
Maxol and BWG to extend agreement
The Maxol Group and BWG Foods, operators of the MACE brand, have agreed to extend their exclusive forecourt partnership for another five years. The value of the contract is €225m.