What it says in the papers – business pages
Here's a look at what it says in the business papers of today's newspapers:
- Employees have been warned that more traditional company pension schemes will close. They have been advised to ensure their employer makes the same level of contribution into a new scheme.
- "Use-it or lose-it" taxes to force land hoarders to release sites needed for housing must be pitched "aggressively" to be effective, an expert has warned.
- A farmer has appealed a decision by the local council to grant permission to the tech giant Intel for a massive extension.
- Technology firm Popertee has walked away with first prize in the Wayra UK pitch contest at the TechConnect Live showcase at the RDS.
- The pace of growth in the Irish manufacturing sector rose to a near two-year high last month thanks to rising new orders and improving economic conditions.
- Musician Bob Geldof and a number of high profile Irish soccer stars face a bill for their share of £700m the UK revenue says it is owed after winning the latest legal battle over a failed film investment.
- Property firm Green Property says it is optimism about Brexit opportunities in the commercial property sector.
- Investigation into the financial affairs of more than 800 medical consultants nets €61m for the Revenue.
- There is “huge potential” in Japan for Irish companies involved in financial technology or fintect, in addition to other sectors, a conference heard yesterday.
- Three new apprentice schemes have been introduced in the medtech sector as part of Government attempts to plug the skills gap in the domestic manufacturing industry.
- Increasing competition for the long-haul, low-cost transatlantic market will be a boon for passengers as airlines tussle for a share of the market, a leading aviation analyst has said.
- British house prices fell for a third consecutive month in May for the first time since 2009, according to a survey, that underlines the housing market’s slowdown since last year’s Brexit vote.