Sunday 18 March 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 solo path being pursued by former Saturdays singer Una Healy is paying dividends, with accumulated profits at her firm last year increasing to £257,077 (€283,678).
  • Investment returns for insurance firms are at their lowest level in at least 25 years, according to FBD boss Fiona Muldoon.
  • Cork-based developer John Cleary's JCD Group has been given the go-ahead by the city's planners to build a five-storey office building capable of accommodating 450 workers.
  • After shock exit, it's up to new boss to prove bookmaker Paddy Power Betfair has backed a winner.
  • France to cut taxes in bid to win Brexit bank jobs for Paris after French Finance Minister Bruno Le Maire acknowledged that the French capital is playing catch-up.

Irish Times

  • The developers that bought the old Central Bank HQ in Dublin plan to raise the building’s roof in a proposed €75m redevelopment.
  • The wife and son of property developer Sean Dunne are seeking to draw the Nama and Ulster Bank into the legal battle with the official overseeing his US bankruptcy.
  • The Office of Director of Corporate Enforcement took almost three years to hire six senior accountants.
  • AIB’s €2.8bn tax assets valued at 80pc discount by UBS which was one of the investment banks that guaranteed the State’s recent AIB share sale.
  • Just under 5,500 hotel rooms will be built in Dublin between now and 2020, with supply pressures expected to ease significantly by 2019.

Irish Examiner

  • Diageo has cut the pay of its two top executives after the drinks group missed performance targets.
  • Residents in north Dublin have raised fire safety concerns regarding the height of a 16-storey building that Gerry Gannon wants to build at Clongriffin.

Online Editors

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