The Central Bank is taking measures to protect investors who are involved with ‘Contracts for Difference (CFDs). The Bank has published a new consultation paper that discusses its concerns about the use of CFDs and outlines current measures...
Read MoreNoonan sets up €50,000 probe into help-to-buy scheme
A €50,000 report on the impact of the help-to-buy scheme for first-time buyers is to be delivered to the Department of Finance by the end of August. Finance Minister Michael Noonan is commissioning external consultants to examine the impact...
Read MoreLong-awaited AIB share sale under threat if Coalition falls
AIB’s planned stock market flotation could be put on hold or even scrapped if the Government falls. Asked yesterday if a change of government would affect the plan to sell 25pc of the bank in a stock market listing, AIB chief executive...
Read MoreIrish businesses upbeat about the year ahead- Investec
Irish businesses are very optimistic on the outlook for this year with a large number of companies saying they expected a rise in activity, according to the latest Investec Services PMI. Business activity in Ireland continued to increase sharply...
Read MoreNew scam targets Irish share owners
People who own shares have been warned about a rise in boiler-room scams. This is where fraudsters offer to buy their shares at a higher price than they are trading at on markets, in a bid to gain access to shareholders’ bank accounts. The...
Read MoreCBRE sees further growth in prime property values
Despite the slow start to the Dublin investment market this year, CBRE has raised its outlook for prime investment property values. At the beginning of the year its director Marie Hunt had been forecasting that prime yields were expected to...
Read MoreAIB proposes €250m dividend to shareholders amid strong financial performance
AIB has announced pre-tax profits of €1.7bn for the year end 2016 as it proposes a dividend of €250m to ordinary shareholders. The bank said that the “milestone year” has been driven by strong sustainable business...
Read MoreThe country’s biggest hotel group, Dalata, is considering paying a dividend for the first time since it listed three years ago, as a period of rapid expansion draws to a close.
The number of people approved for a mortgage shot up last month as new rules on lending and the Government’s help-to-buy scheme kicked in. A total of 2,861 people were approved to borrow to buy a home in January, up 47pc on the same month...
Read MoreIreland’s biggest hotel group Dalata ‘close to’ dividend as expansion phase ends
The country’s biggest hotel group, Dalata, is considering paying a dividend for the first time since it listed three years ago, as a period of rapid expansion draws to a close. Dalata yesterday reported pre-tax profits of €44.1m for...
Read MoreBritain’s €60bn exit bill could disrupt EU talks
Arguments about the potential €60bn bill that the UK may owe the EU as it prepares to quit the Union could eat into the time left for the UK to strike a new trade deal, a leading economist has warned.UK economist Ruth Gregory at Capital...
Read MoreBanks are losing millions of euro as home owners go bankrupt
Banks are losing millions of euro as more people are choosing to go bankrupt, it has emerged. The number of people with mortgage debt they are unable to repay who chose bankruptcy doubled to 100 last year. Banks lost two-thirds of the mortgage...
Read MoreDalata reports revenue of €290.6m as pre-tax profits surge 55pc to €44.1m
Dalata has reported pre-tax profits of €44.1m for the year ended 31 December 2016 – up 55pc for the same period the previous year. Ireland’s largest hotel operator has also recorded revenue of €290.6m, up 28.8pc compared...
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