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Business News

Central Bank orders fund managers to review fees

5th September 2018

Regulators at the Central Bank have ordered managers of Irish-domiciled mutual funds to review fees charged to investors, after uncovering evidence of possible overcharging. The Central Bank of Ireland’s Director General Financial Conduct, Derville Rowland, said the regulator is concerned that guidance on how fees are levelled is not being applied in a consistent and […]

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Thousands of families face huge inheritance tax bills as home values rise

5th September 2018

Thousands of families are set to be hit with huge tax bills when they inherit homes and other assets this year. And many are in for a shock, as half of people mistakenly believe their family home is exempt from inheritance tax. It comes as Revenue figures show the money paid in inheritance tax has […]

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Thousands of families face huge inheritance tax bills as home values rise

5th September 2018

Thousands of families are set to be hit with huge tax bills when they inherit homes and other assets this year. And many are in for a shock, as half of people mistakenly believe their family home is exempt from inheritance tax. It comes as Revenue figures show the money paid in inheritance tax has […]

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Pfizer facing $100m Brexit bill as it grapples with no-deal fallout

5th September 2018

European firms aren’t alone in their Brexit pain – Pfizer, the US-based drug behemoth, says its costs for dealing with the upcoming split will reach $100m (€86.4m). The UK’s looming rupture with the EU threatens to slow goods at borders and force firms to duplicate regulatory efforts. Pfizer said its costs stem from transferring product […]

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Pfizer facing $100m Brexit bill as it grapples with no-deal fallout

5th September 2018

European firms aren’t alone in their Brexit pain – Pfizer, the US-based drug behemoth, says its costs for dealing with the upcoming split will reach $100m (€86.4m). The UK’s looming rupture with the EU threatens to slow goods at borders and force firms to duplicate regulatory efforts. Pfizer said its costs stem from transferring product […]

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Manufacturing output hits seven month high

3rd September 2018

Manufacturing output has risen to a seven month high driven by sharp increases in output and new orders. The headline PMI in August was 57.5, from 56.3 in July. Any reading over 50 is deemed growth. New order growth quickened to the fastest in the year so far, with strong demand reported from both domestic […]

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Motor group to create 50 jobs with €15m investment in dealership cluster

3rd September 2018

Cork-based motor group Johnson & Perrott is to open the first phase of a €15m dealership cluster at Bishopstown in Cork today. The overall project will deliver 50 jobs. “Our dealership in Bishopstown is the largest purpose-built new facility for Jaguar and Land Rover in the country and is a key step in positioning Johnson […]

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Motor group to create 50 jobs with €15m investment in dealership cluster

3rd September 2018

Cork-based motor group Johnson & Perrott is to open the first phase of a €15m dealership cluster at Bishopstown in Cork today. The overall project will deliver 50 jobs. “Our dealership in Bishopstown is the largest purpose-built new facility for Jaguar and Land Rover in the country and is a key step in positioning Johnson […]

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How banks are making it easier to get rid of unwanted costly subscriptions

3rd September 2018

Banks have moved to make it easier for consumers to cancel unwanted subscriptions. The changes are likely to come as a huge relief as many companies make it very difficult for customers who have signed up for services, such as gym memberships and TV and online streaming services, to get out of their contract. Research […]

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How banks are making it easier to get rid of unwanted costly subscriptions

3rd September 2018

Banks have moved to make it easier for consumers to cancel unwanted subscriptions. The changes are likely to come as a huge relief as many companies make it very difficult for customers who have signed up for services, such as gym memberships and TV and online streaming services, to get out of their contract. Research […]

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