What it says in the papers – business pages
Here's a look at what it says in the business pages of today's newspapers:
- The millionaire Fallon brothers have shared a further €1.17 dividend windfall with other shareholders at their daft.ie firm.
- A liquidator has been appointed to Brendan Investments Property Management, a company that was set up to manage Brendan Investments Pan European Property.
- The four-star boutique hotel in Dublin co-owned by Bono and The Edge recorded profits of €500,000 last year.
- Shower enclosures company Merlyn Industries, has been sold to UK-based Norcros for £60m (€68m).
- An Irish aircraft maintenance specialist, Dublin Aerospace, is to create 150 new jobs at its Dublin base.
- The Government’s finances are back on track with the latest exchequer returns showing tax receipts ahead of target for the first time this year.
- Finance union chief, Larry Broderick is to retire after 32 years fighting automation.
- Republicans have set out plans to overhaul the US tax system radically, as they attempt to secure a first major legislative victory for Donald Trump.
- The Government should consider funding an SSIA-type mortgage savings scheme to help young and low-income buyers get on the property ladder, says the Housing Finance Agency says.
- The National Broadband Plan is at least 10 to 12 years away from completion, given all the obstacles that must be overcome to implement it, a broadband expert has warned.