Previous Day
Consumer body did not know of Morrogh report
The statutory group charged with monitoring the Irish Financial Services Regulatory Authority on behalf of consumers took no notice of the official report into the demise of Cork stockbroker W&R Morrogh, in which investors lost €7 million. p
Three groups interested in FM104
Three groups are believed to have expressed an interest in acquiring Dublin-based youth radio station FM104 following the Broadcasting Commission of Ireland (BCI) decision on Monday not to sanction its sale to Denis O'Brien's Communicorp. p
Labour accused of stealing opposition policies
The Conservatives and Liberal Democrats accused Chancellor Alistair Darling of stealing their policies yesterday in what shadow chancellor George Osborne described as "a pre-election budget without an election". p
Other Stories
Stafford Holdings unveils plans for €150m expansion of Lifestyle Sports
Dublin group Stafford Holdings has unveiled plans to take its retail chain, Lifestyle Sports, into the Czech Republic, Slovakia, Hungary, Poland and Austria in a €150 million expansion plan. p5.7% growth in media industries predicted
The Irish entertainment and media industries are predicted to grow at a compound annual growth rate of 5.7 per cent between now and 2011, when they could be worth at a combined $4.2 billion (€2.98 billion). pNortel Networks to announce 60 new research jobs
Canadian communications equipment group Nortel Networks is to announce 60 new research posts at its Irish base in Galway. pNew fund management unit
Stockbroker Collins Stewart has unveiled plans to establish a fund management unit in Dublin to complement its existing funds arm in London and the Channel Islands, which has some £4.4 billion (€6.35 billion) under management. pMcNamara's firm in €389m projects
The value of work-in-progress projects at a construction company owned by property developer Bernard McNamara jumped by 35 per cent to €389.4 million, according to company accounts just filed. pStormont budget to grow by 1.7%
The Stormont Executive's spending budget will grow by an average annual rate of 1.7 per cent or £2.3 billion (€3.31 billion) in real terms over the next three years. pKing says British banking needs to be restructured
Turmoil in financial markets is far from over and the British banking system needs to be restructured to prevent any repeat of the Northern Rock crisis, according to Bank of England governor Mervyn King. pBusiness backs all-island economy - study
A new detailed cross-Border business survey has found that there is growing confidence in the all-island economy. pEU may legislate in wake of subprime fallout
EU finance ministers will consider amending financial regulations to provide more transparency and better monitoring of banks' assets in the wake of the subprime mortgage crisis. pBonus bonanza comes to an end as job cuts loom in the City
London Briefing/Fiona Walsh: This time last year, traders and dealmakers in the City of London were looking forward to record bonus payments on the back of the boom in merger and acquisition activity. Now, however, some will be lucky if they get through Christmas with a job, let alone a bonus. pInShort
A round-up of today's other stories in brief. p
