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Modest lift in consumer sentiment last month
A more optimistic outlook for the jobs market and the maturing of more than half a million SSIAs led to a slight improvement in consumer sentiment in April, according to the latest IIB/ESRI Consumer Sentiment Index. p
Head of Irish Nationwide expects trade sale 'this year'
The chairman of the Irish Nationwide building society expects
that a trade sale will be agreed this year. Michael Walsh told the
society's annual general meeting that a sale would unlock value for
the building society's stakeholders, share members, borrowing
members, management and staff. p
Irish fight scheme to harmonise corporate tax base
The European Commission may propose setting up a single EU-wide authority to administer its plan to harmonise Europe's corporate tax base. p
Other Stories
Credit card debt up 20% to €2,698m
Credit card indebtedness is increasing at its fastest rate in four years, but growth in outstanding mortgage balances has fallen to its lowest level since November 2002, the Central Bank said yesterday. pNo bonus for UTV directors as target not met
UTV's directors did not receive any bonuses in 2006 after the Belfast-based television and radio broadcaster failed to reach its earnings target, according to its annual report. pBanks battle for share of SSIA cash
The battle of the savings accounts began in earnest yesterday as the nation's banks sought to attract the €7.5 billion worth of special savings incentive account (SSIA) funds which matured at midnight last night. pLosses at Kenmare hit $4.3m last year
Kenmare Resources, the Dublin-based mining company digging for ilmenite in Mozambique, said yesterday it should be profitable at the end of this year after shipping its first resource in June. pBlackrock in venture to develop Edinburgh site
Blackrock International Land has established a 50:50 joint venture with Scottish property developer Applecross Properties to develop an 8.82-acre site in Edinburgh. pIn short
Today's other stories in brief pIn short
Today's other stories in brief pProperty-related stocks bounce back
Market Report: The Irish market continued its recent underperformance yesterday, ending the first day of the week unchanged after what dealers described as a rather mixed set of trades. Activity was quiet in most stocks as many European traders made the most of the May Day holiday. p
