Stories
Thousands of farmers in the co-op at the origin of Kerry Group were targeted by the tax authority over the status of so-called patronage shares. A new landmark case has revealed how the probe came unstuck.
Even among vulture funds, Cerberus has developed a reputation as being the most aggressive operator – both in terms of how it deals with borrowers and how it structures its operations. Could it be about to make its biggest Irish deal yet?
As the pandemic rages on, fitness businesses are facing danger once more. Some of the major players in the sport and leisure market discuss what they've done to cope with challenges presented by Covid-19 and their plans for the future.
Backed by rugby player Rob Kearney, Mason Alexander is a growing presence in the HR market. It has now launched a case against two former employees in the Irish courts, along with the company they have co-founded.
Two days after a landmark €17.75bn budget designed to protect the economy from a pandemic, economist Stephen Kinsella spoke with Minister for Finance Paschal Donohoe about budgetary philosophy, the economics of deficits, and the power of the state.
As a child, Richard Barron used to work in his family’s fashion store on Grafton Street at weekends and during the holidays. Yesterday, as part of a plan to halve the size of the Pamela Scott chain, he was forced to shutter the landmark store, along with 11 others. He explains why it was necessary.
Michael McGrath has just co-authored an unprecedented €17.75bn budget package. Now, he wants to ensure he gets value for the money. Here, he explains how, and also discusses the new business supports for business, Brexit trade talks and the impact of the new Covid-19 restrictions.
Ireland's agency for foreign direct investment is being blamed for the HSE's withdrawal from a contract to buy critical ventilators. The Irish medical supplies firm who lost out on the deal now wants the IDA to pay damages.
Felix Grovit was a Indian-UK foreign exchange tycoon. Hendrik Jansen is a wealthy hotelier who claimed Grovit owed him €15m. Neither have Irish interests. Yet, a High Court defamation battle in Dublin remains is crucial to the dispute.
Eason has written down the value of its remaining properties including its iconic O’Connell Street store in Dublin 1 from €46 million to €27.6 million because of Covid-19. What does this mean for the retailer and its shareholders?
The state is putting up €30m to help fund start-ups. Before it disappears, very clear definitions need to be applied about what type of company qualifies for this money - and it should go to the firms with the fewest funding options.
As budgetary caution evaporates under the Covid-19 shock, energy efficiency, buses and trains are getting funded like never before. Can these new environmental priorities survive into the future?
The Budget 2021 trade-off is between spending big now and consolidating later. The government will have to work hard not to make that consolidation look and feel like austerity.
Sinn Féin’s tax-raising proposals fish from a small pool of individuals – those earning over €100,000, those inheriting property worth more than €302,000, those with second houses, those buying expensive houses, those with assets in excess of €1 million and those with private pensions. But does it all add up?
What do I want to see in the Budget? A Vat reduction for hospitality. Changes to CGT and examinership laws. A new digital upskilling programme. A new tax commission. And lots of ambition and leadership.
MIT coined the phrase Innovation-Driven Enterprises to differentiate them from traditional SMEs. And amid the threats of Covid-19, Brexit and global tax reform, we are going to need them more than ever. That will require a change of official thinking and the introduction of new policies.
© 2020 Currency Media Limited
