Business Irish

Sunday 19 August 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

  • Confidence in economy dips as bosses demand Brexit strategy, according to a new report from accountancy and advisory firm PwC.
  • Pimco and Bank of Ireland are among four remaining suitors vying for Danske Bank's €2bn retail book as the race for the high-quality, performing loans nears a close.
  • Scandinavian airline Norwegian has confirmed it's to open a new pilot base in Dublin later this year to support its growing international operations.
  • AN Israeli property tycoon who funded supermarket expansion at the height of the financial crisis in 2010 has put a portfolio of four stores on the market for nearly €50m.

Irish Times

  • Strong corporate tax receipts are ‘sustainable’ until 2020, a government commissioned report has concluded.
  • Lidl is coming to Grafton street as a pop-up for four days this weekend.
  • A Westmeath boutique owner has been hit with a tax bill of almost €3.2m after the owner was caught in a Revenue audit.
  • BMW chairman claims 'our cars are clean' at the Frankfurt auto show, addressing the recent scandals that have engulfed the German car industry.
  • About one in ten family owners are still behind on mortgage repayments, new figures from the Central Bank of Ireland show.

Irish Examiner

  • Ferrari is introducing a new "entry-level" supercar, while Mercedes-Benz is testing the segment’s upper price limit as the rivals vie for the world’s most lucrative customers.
  • British inflation hit its joint highest level in more than five years in August, complicating the Bank of England’s job this week of explaining why it is not raising interest rates.

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