Author Archives: admin

Interim Injunction That Prevents The Quinns From Moving International Assets Extended

The legal hearing between the Anglo Irish Bank and the businessman, Sean Quinn and his family has created a new twist when the Quinns finally agreed on the extension of the interim injunction which was previously ordered by the court. … Continue reading

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Daly’s €457m Loan A Point Of Interest For Deutsche Bank

David Daly’s €457m loan has been put in the spotlight when the German bank, Deutsche Bank, has openly expressed interest in buying the loans of Daly and his children. Daly is a property developer and owner of several properties including … Continue reading

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Mortgages in Trouble as the Economy Suffers

Judge Elizabeth Dunne has seen it all.  She is a witness to Ireland’s economic collapse as she presides over repossession hearings.  One in ten mortgages is experiencing trouble. Last year alone it was already estimated that around 79,000 borrowers were … Continue reading

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More and More Irish are Spending on their Gardens

As the economy is having a downright plunge into recession, garden centres may receive a positive business position on this time of year.  In a research conducted by Bord Bia, survey shows that about 43% of people are planning to … Continue reading

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Proposal for Wage Increase for EU States

Suggestions have been drawn by EU president Herman Von Rompuy together with European Commission president Manuel Barroso to improve each and every EU states’ competitiveness and develop more rigorous control on eurozone economies.  We would actually see wage increase on … Continue reading

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Businesses into Cost Cutting Measures; Employment Suffers a Big Blow

Every business establishment these days are into cost cutting measures. This is especially that the financial crisis is happening to each and every business sector. Trying to spend less to run an organization is an age old trick in the … Continue reading

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Better Bailout Plan Needed

The bailout plan to save our financial institutions is still placed in a speculation uncertainty and insecurity.  This is one hot election topic going on for months and it is raised that we might need another agreement for a healthier … Continue reading

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Increase In Corporate Tax Might Jeopardize Ireland’s Business Economy

Ireland has been seen as one of the most viable nesting place for starting businesses.  Its stable tax proposition to corporations is more than enough to attract investors and financiers to put up a trade in the country.  Businesses will … Continue reading

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WORLDSPREAD Having an Unexpected Turnaround on their Financial Year

Irish founded company who deals with financial spread betting and online trading services might end up having a significant financial loss for its current year despite its initial anticipated profit. Headquartered at London, WORLDSPREADS, said in an update that while … Continue reading

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Northern Foods Challenged by a £342m Bid

Harry Ramsden’s restaurant had made a big move to derail Greencore’s business move.  They have offered a staggering £342m or €402m bid to Goodfella’s Pizza maker Northern Foods. Now Northern Foods’ management had their heads turned and recommending that shareholders … Continue reading

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