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  • 2008 redundancies 30% ahead of last year, figures reveal

    REDUNDANCIES IN 2008 are running 30 per cent ahead of last year, with 5,644 official redundancies in the first two months, according to new figures released by the Department of Enterprise, Trade and Employment on a gloomy day for the jobs market. p

  • Paddy Power to double UK outlets

    At the Paddy Power 2007 preliminary results briefing in Dublin yesterday were (from left) company chief executive Patrick Kennedy, Breon Corcoran, managing director of Paddy Power Online, and Jack Massey, company finance director. LISTED BOOKMAKER Paddy Power plans to double its British operations with an expansion to Glasgow and Manchester from London following a year of near 60 per cent profit growth. p
Other Stories

  • Bookmaker looks a good bet

    ANALYSIS: THERE'S A story doing the rounds that on the second day of last year's Cheltenham racing festival, one Irish punter was so disgusted with his luck that he decided there was only thing for it - buy Paddy Power shares, writes Barry O'Halloran p

  • Kingspan looks to ozone layer for brighter future

    ANALYSIS: KINGSPAN CHIEF executive Gene Murtagh is an optimist by nature, but even he found it difficult to be positive about the construction group's near-term future. "Our markets are much more fluid at the moment," he said yesterday, writes Ciarán Hancock , Business Correspondent p

  • Readymix operating profits down 65% as activity slows

    OPERATING PROFITS at building materials group Readymix slumped by 65 per cent last year as the house-building slowdown hit home. p

  • Tributes paid to businessman Richard Keatinge

    TRIBUTES WERE paid yesterday to businessman Richard Keatinge, who died at the age of 60 last Friday after a long illness. p

  • Glanbia sells pigmeat business in €35m management buyout

    GLANBIA HAS sold its pigmeat business in a €35 million management buyout to focus on its cheese and nutritional ingredients interests. p

  • Marley-chaired firm spends €8.1m on UK companies

    A NEW privately-held building services firm chaired by Ely Property founder Philip Marley has spent a total of £6.2 million (€8.1 million) on the acquisition of two companies in Britain. p

  • Competition concern over S&N bid

    THE COMPETITION Authority has expressed concern to EU regulators that the proposed acquisition of Cork brewer Beamish & Crawford by drinks giant Heineken might breach anti-trust rules, it emerged yesterday. p

  • Aer Arann alleges predatory pricing by Ryanair

    THE COMPETITION Authority is investigating a complaint made by Aer Arann against Ryanair alleging predatory pricing on daily flights between Cork and Dublin. p

  • Airlines tender for regional routes

    AT LEAST four airlines submitted tenders yesterday to the Department of Transport to operate six public service obligation (PSO) routes from Dublin to regional airports over the next three years. p

  • Court orders Lynn clients to repay €1.6m loaned by IIB for six properties

    A COUPLE who were clients of missing solicitor Michael Lynn have been ordered by the Commercial Court to repay €1.6 million loaned to them by IIB Homeloans Ltd to buy six properties in relation to which Mr Lynn allegedly gave multiple undertakings. p

  • Local boy made good returns home to lead campaign to get talented ex-pats back

    BELFAST BRIEFING: IF YOU had to choose between sunny San Diego in southern California and the decidedly cooler Titanic Quarter in east Belfast, which would it be? asks Francess McDonnell p

  • Paddy Power profits prompt a few punters to have a pop

    DUBLIN REPORT: THE RELEASE of full-year financial results from betting group Paddy Power and building products plc Kingspan didn't raise much betting interest on the part of Dublin market investors yesterday, with trading volumes thin across the board on a weak day for the Iseq. p

  • In Short

    Today's other business news stories in brief p
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