In a landmark judgement, the High Court has agreed with landlords that the retailer New Look is not yet insolvent and has set aside the appointment of an interim examiner. The result is expected to set down a marker for failing businesses in the Covid era.
Paschal Donohoe and Michael McGrath announced a €10 billion capital spending package yesterday, the biggest in the history of the state. But Ireland's need for infrastructure is so great that €10 billion is only a start.
Revenue has been keeping a stringent eye on artificial losses arising from currency trades. Having found one involving sterling transactions, it asked the finance minister to change the law.
Budget 2021 was cautiously expansionary. It dramatically increased the size and role of the state in its efforts to keep all businesses alive and public services funded. But it also held something back in case the pandemic escalates.
In a new unified set of proposals, 137 countries have narrowed down the rulebook that will reallocate tax paid by global firms towards those countries where they really make profits. This would mean lower corporation tax receipts for Ireland – yet a number of key pieces are still missing in the puzzle, awaiting political agreement put on ice by Donald Trump this year.
Colm Murphy, who was found civilly liable for the Omagh bombing, transferred his assets to family members, leaving nothing for victims. New court documents reveal where the money went, and detail the battle to get it back.
After just five years, United Oil & Gas is producing oil in Egypt and has the rights to explore 32,500 square kilometres off the south coast of Jamaica. It also has interests in the UK and Italy. And its CEO and founder Brian Larkin says this is just the start for the listed explorer.
When the crisis hit, Walls Construction did a major assessment of how the pandemic would hit its business over the coming years. The result of that work gives an insight about the commitment of multinationals, developers, and businesses to commercial property investment.
Danny McCoy is the chief executive of Ibec. In this interview, he talks about the impact of Brexit, tax reform and Covid-19 on Irish business and the future outlook of the Irish economy.
The owner of the landmark Leopardstown Inn, one of four pubs taking a test case against FBD, tells the court that things have got "much tougher" since the Covid-19 lockdown last March.
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