Business Irish

Tuesday 20 February 2018

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

  • The IDA is on the hunt for sites to accommodate more large Apple and Amazon-style data centres across the country.
  • The directors of a well known Galway hotel have identified 'social media' as one of the challenges facing the business.
  • Starling Bank, a UK-based financial startup headed by former AIB executive Anne Boden is targeting Ireland as its first cross-border market.
  • Taxpayers in Italy face €17bn bank bailout bill as the country begins the winding up two failed regional banks.
  • High childcare fees and the cost of sending children to college mean there has been no recovery for one million adults.

Irish Times

  • A new airline that has been selling tickets for flights to Britain from the Republic has yet to apply for a licence to do so from the aviation regulator.
  • The International Monetary Fund has said that there is no evidence of another housing bubble forming in the Irish economy.
  • Businessman and former Libertas political campaigner Declan Ganley is abandoning a €2m plan to redevelop his local pub.
  • An Applegreen dealer, who has been fighting a long-running legal battle with the service station chain, has claimed that his agreement with the chain is not legal.
  • VW Volkswagen last week waived its right to appeal over ‘Dieselgate’ court decision in Germany.

Irish Examiner

  • A plan is needed for two IDA-owned sites in Cork — one lying idle in Fermoy since 2002 and another in Kilbarry that is “underutilised for years and growing grass”.
  • A family of famous confectioners sweets has lost an appeal over whether there were rights-of-way over their former factory lands in Co Donegal.

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