Ian Curran

Dublin

Efforting to take learnings going forward... Business reporter @IrishTimes. Ex @thejournal_ie. @Fora_ie and @ThePhoenixMag. Email: [email protected]

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Articles

Average mortgage approval value hit new record of €319k in April

1 week ago | irishtimes.com | Ian Curran

Average Irish mortgage approval values rose to a record of more than €319,000 in April, new figures from the banking industry reveal, as house prices continued to climb, requiring property owners to take on higher levels of debt. The Banking & Payments Federation Ireland (BPFI) said on Friday that lenders approved 4,705 home loans in the month, an increase of 4.7 per cent from March and 5.8 per cent from the same month last year.
Waterland to invest €150m in Irish market over 18 months

1 week ago | irishtimes.com | Ian Curran

Dutch private equity group Waterland is to invest a further €150 million here over the next year and a half as it looks to add to its growing portfolio of Irish companies. At a time when the wider industry is reportedly pulling back on new investments and fundraises, the group’s Irish arm signalled on Friday that it plans to “dramatically” ramp up its expansion plans in the Republic.
Advertising industry optimistic despite ‘cautious’ outlook for client spend

1 week ago | irishtimes.com | Ian Curran

Irish advertising, marketing and communications agencies expect client spending to stagnate or even shrink this year amid heightened economic uncertainty, despite reporting stable or growing revenues in the early part of the year. An Amárach Research survey of the industry, commissioned by the Institute of Advertising Practitioners Ireland (Iapi), points to an ambivalent mood among agencies.
Tariff threat undermines State’s ability to deliver economic forecasts, says Donohoe

1 week ago | irishtimes.com | Ian Curran

Making “confident predictions” about the impact on the Irish economy of a breakdown in trade relations between the US and Europe, is without precedent, Minister for Finance, Paschal Donohoe said on Wednesday, and forecasting short-term scenarios has never been more difficult.
RTÉ pays out €4m tied to misclassification of some staff as self-employed

1 week ago | irishtimes.com | Ian Curran

RTÉ director general Kevin Bakhurst is expected to tell a Dáil committee on Wednesday that the broadcaster has to date handed over more than €4 million in unpaid social welfare contributions related to the misclassification of some workers in the organisation as self-employed contractors.
Government advised to ‘anchor’ budget policy in face of tariffs shock

2 weeks ago | irishtimes.com | Ian Curran

The Government must “anchor” its spending to strengthen Ireland’s fiscal position in preparation for what could be a permanent hit to economic output stemming from shifting US trade policies, deputy governor of the Central Bank of Ireland Vasileios Madouros has warned.
Central Bank’s Derville Rowland to join EU anti-money laundering agency

2 weeks ago | irishtimes.com | Ian Curran

Central Bank of Ireland deputy governor Derville Rowland has been confirmed to join the executive board of the European Union’s new Anti-Money Laundering Agency (AMLA). Ms Rowland will be one of five executive board members at the Frankfurt-based agency and will leave her role with the Irish regulator, where she is responsible for consumer and investor protection. The Central Bank said the recruitment process to find her replacement is ongoing.
Uniphar says lawsuit is designed to ‘damage’ its reputation

2 weeks ago | irishtimes.com | Ian Curran

Healthcare group Uniphar has said claims made in the High Court that it breached an agreement and abused its dominant market position to take over a pharmacy broker business are designed to publicly damage its reputation. The Dublin-listed group, which owns and operates large Irish pharmacy brands including Life and Hickey’s, is the defendant in a lawsuit taken by Dublin-based Thera Pharmaceuticals.
Procter & Gamble’s Irish arm paid €55m dividend to Swiss parent in 2023

2 weeks ago | irishtimes.com | Ian Curran

The former Irish arm of consumer goods giant Procter & Gamble (P&G) paid a €55 million dividend to its Swiss parent company in the year after it sold its last factory and exited manufacturing in the Republic. Procter & Gamble (Manufacturing) Ireland Ltd, which once manufactured Oral-B toothbrushes, floss and power refills and Braun ethanol cartridges at the group’s plant in Newbridge, Co Kildare, now holds the group’s defined benefit pension scheme.
Business Post expected to move to Irish Management Institute (IMI) campus

2 weeks ago | irishtimes.com | Ian Curran

Staff at the Business Post have been told it is likely that operations will move to the Irish Management Institute (IMI) campus in south county Dublin when the lease on its offices on Merrion Road expires later this year. Colm O’Reilly, chief operating officer of Enda O’Coineen’s Kilcullen Business Post Group, which publishes the newspaper, said the move was “probable” but “we haven’t finished all of the plans yet”.