GRANT Thornton has won the tender to carry out the review of the Credit Review Office (CRO). The Government has mandated the accounting and consultancy firm to audit the CRO and benchmark its performance against similar agencies in other countries, as well as gauging its relationship with the SME and banking community in Ireland.
€400,000 invested in In Hand Guides
KERNEL Capital through the Bank of Ireland Seed and Early Stage Equity Fund has led a €400,000 investment in Cork-based In Hand Guides Limited (IHG), a provider of embedded audio players. The syndicated investment comprises a €250,000 investment by the Bank of Ireland Seed Fund with the remainder of funds provided by Enterprise Ireland. IHG provides hand-held embedded audio players to customers in the tourism, health and lifestyle and public advocacy sectors.
Sodexo appoints Slattery as new MD
SODEXO Ireland has appointed Margot Slattery as its new managing director. The company is one of Ireland's largest food and facilities management providers. Ms Slattery joined Sodexo Ireland in 1991 and was divisional director for three years prior to her current appointment.
Passenger numbers up at Dublin airport
PASSENGER numbers at Dublin airport rose 1.6pc to just over two million during August, according to figures from industry body Airports Council International. ACI described August's passenger figures for European airports as "underwhelming". The figure made Dublin the 12th-busiest in Europe during the month. ACI said that overall passenger traffic at European airports in August rose just 2.2pc, while freight traffic declined 0.9pc.
Australia's interest rate cut to 3.25pc
AUSTRALIA'S central bank cut its benchmark interest rate by a quarter percentage point. The move came as a slowdown in China's economy and weakness in Europe add to uncertainty about Australia's economic outlook. The Reserve Bank of Australia's decision to lower the rate to 3.25pc was the bank's third rate cut this year.