Thursday 14 December 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

  • Four in five people here think house prices will rise this year and consumer confidence remains high but there are signs that business sentiment has weakened.
  • Dramatic tightening in the UK's general election race has already hit the pound, with sterling tipped to plunge further if Labour stop Theresa May getting an overall majority.
  • Construction projects underway or in planning will add 3,000 hotel bedrooms in Dublin by 2020, a 15pc increase in the total stock.
  • Facebook chief Sheryl Sandberg personally lobbied the Taoiseach at one-to-one meetings and in correspondence on who would be appointed as Ireland's next data protection commissioner.

Irish Times

  • MedicX fund acquires healthcare centre in Tallaght for €15.5m, making it the fourth investment for the fund which has 157 primary healthcare properties across the UK.
  • Dacia Ireland has signed up to sponsor RTE 2FM’s Breakfast Republic show for 12 months, the car brand will feature in 10 sponsorship stings across a day.
  • Courier DPD is spending €500k on an expansion into the food delivery business in a bid to tap into the potential growth offered by online grocery shopping.
  • Up to €60m will be available from today to fund projects geared at creating jobs outside Dublin under an initiative launched by Enterprise Ireland.
  • Profits at the company behind Cully & Sully foods business fell 17pc in the last financial year, as costs rose, the latest figures show.

Irish Examiner

  • Concern Wordwide raised €183.5m last year, up from €182.2m in 2015, despite recent years of “difficult” conditions in Ireland and the UK.
  • Companies are facing a data protection overhaul, with the burden on Irish managers at a time of unprecedented challenges about to get worse.

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