Tuesday 16 January 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

  • Financial services companies have chosen Ireland as their post-Brexit location of choice, but they have yet to make public announcements, IDA chief Martin Shanahan has insisted.
  • Futurescope event aims to bring together 300 startup and scale-up businesses with entrepreneurs and large enterprises to develop opportunities for working together.
  • Permanent TSB is expected to show a small increase in its share of the mortgage market today as the partially-nationalised lender releases first-quarter figures ahead of its annual general meeting in Dublin.
  • Finance Ireland property arm now tending €10m a month as it aims to carve out a larger niche in the commercial mortgage market.
  • THE founder of homegrown ladies fashion brand, Pamela Scott, ploughed a further €553k in loans into the chain as the business forecasts a return to profit.

Irish Times

  • A High Court judge has ruled solicitor Gerald Kean was not entitled to give Permanent TSB the title deeds of two properties of a woman in Co Waterford over which the EBS has a first legal charge.
  • The internet has been blamed as a major tool for radicalising terrorists an audience at Berlin’s digital festival Re:publica has been told.
  • The Irish arm of Edelman, the world’s largest PR firm has reported profits of almost €219k in 2016.
  • Property prices in Dublin are expected to rise by an average of 8pc this year, a survey carried out by the Central Bank in conjunction with the Society of Chartered Surveyors in Ireland has found.
  • Accumulated profits at Pat Kenny’s media firm topped the €1.9m mark last year as his company enjoyed another strong year.

Irish Examiner

  • The number of passengers using Kerry Airport, the privately owned regional airport in Farranfore, between Killarney and Tralee, continues to rise, as the airport starts talks on its subsidised routes.
  • Dublin-based exploration company United Oil and Gas (UOG) is to take a share listing on the London Stock Exchange via a reverse takeover of British company Senterra.
  • Europcar Groupe is “cautious” about the British car rental market as it monitors developments in the UK’s negotiations to leave the EU, although it has yet to see any impact on its 2017 results.

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