Wednesday 13 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

  • Ryanair's 'random' seat allocation not random – according to scientists at Oxford University.
  • The number of people approved for a mortgage surged by a third last month, driven largely by first-time buyers.
  • The High Court has appointed a provisional liquidator to the publisher of the Wexford Echo newspapers.
  • Irish shoppers are willing to swap privacy to benefit from better shopping experiences.
  • The executive deputy chairman of betting giant Ladbrokes-Gala Coral, Carl Leaver, has been named as the incoming chairman of Eir.

Irish Times

  • The German discount grocer Aldi is investing €60m in a reboot of its Irish stores format, in a rollout known internally as Project Fresh.
  • Hospitality businesses face the loss of about €100m this year as the fallout from Brexit hits British holidaymakers spending power.
  • Ireland’s seafood sector grew by 7.4pc last year, with domestic sales increasing to €380m a new report shows.
  • Newry food firm, Around Noon, buys London premium sandwich and snack firm from the Donegal Investment Group.
  • There has been a big rise in the number of firms setting up in Ireland according to the Companies Registration Office.

Irish Examiner

  • The UK intends to subject Rupert Murdoch’s takeover of European pay-TV group Sky to a lengthy in-depth investigation.
  • The German Ambassador to Ireland, Matthias Hopfner has objected to the scale of plans for a new 53-bedroom hotel in central Dublin.

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