Last chance to pay as you go
29 August 2010 By Michelle Devane
The recession hasn’t been all bad for some businesses, with undertakers seeing a surge in demand for pre-paid funerals.
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Nama facing €60 million McInerney Homes write-off
29 August 2010 By Ian Kehoe
The National Asset Management Agency (Nama) could be forced to write off up to €60 million in loans connected with McInerney Homes, under proposals being developed to rescue the insolvent house builder.
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Ugandan government repossesses Tullow oil field
29 August 2010 By Post Reporter
There was further bad news for Tullow Oil in Uganda this weekend, with a government minister saying that it had repossessed an oil field that the company had jointly controlled with Canada’s Heritage, because the firms failed to renew the licence.
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Green Dragon on track for roaring success
29 August 2010
Almost a quarter of the €12 million required for Green Dragon, the Irish/ Chinese entry for the Volvo Ocean Race 2012, has already been pledged by several global businesses, writes Nicola Cooke.
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Callely has option of €240k golden handshake
29 August 2010 By Niamh Connolly
Senator Ivor Callely would receive a golden handshake of over €240,000 for the first two years of his retirement if he took his colleagues’ advice and resigned the Seanad.
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Green Party set to call for Anglo Irish wind-down
29 August 2010 By Niamh Connolly Political Correspondent
The Green Party has made a significant change in its support for the government strategy on Anglo Irish Bank, with senior party figures now believing that a wind-down of the bank may be the less costly option for taxpayers.
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Over 12,000 jobs to go in public service cuts
29 August 2010 By Niamh Connolly Political Correspondent
The government’s plan to transform the public services will see a total reduction of 12,430 jobs in under four years, according to employment controls imposed by the Department of Finance.
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FF plans talks to entice back ‘rebel’ TDs
29 August 2010 By Niamh Connolly Political Correspondent
Formal discussions to bring two rebel Fianna FÁil TDs back into the party are to take place over the next few weeks.
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ComReg calls foul on O2’s move to online billing
29 August 2010 By Samantha McCaughren Business Correspondent
O2, Ireland’s second-largest mobile phone operator, has been warned by the telecoms watchdog, ComReg, that it cannot move customers to online billing without their explicit agreement.
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Prison service cannot afford to escort prisoners
29 August 2010 By John Burke Public Affairs Correspondent
Gardaí are facing the loss of thousands of man hours from non-core duties after the Irish Prison Service (IPS) said it could not afford to assume responsibility for escorting remand prisoners to and from the courts.
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Surgeons had cut use of DePuy problem hip
29 August 2010 By Susan Mitchell
Many of the country’s orthopaedic surgeons had already reduced or stopped using the artificial hip that was recalled last week by its manufacturer, DePuy Orthopaedics, a unit of Johnson & Johnson. DePuy’s implants are what are commonly called metal onmetal devices.
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Gearing up for Electric Picnic
29 August 2010 By Nicola Cooke
Electric Picnic organisers are hoping good weather will boost ticket sales for the event which takes place next weekend.
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New park-and-ride is guinea pig
29 August 2010 By Nicola Cooke
Large park-and-ride facilities will be built adjacent to other motorways if the new site at Dunboyne, Co Meath, which opens on Thursday, is a success.
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Poolbeg incinerator firm violates dioxin limit
29 August 2010 By John Burke Public Affairs Correspondent
Operations at an incinerator run by the company behind the planned Poolbeg waste burning plant in Dublin have been suspended for the second time in three years for releasing high levels of cancer causing dioxins.
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Galway hospital jobs may be saved
29 August 2010 By Susan Mitchell and Niamh Connolly
Unions and management at Galway University Hospitals are close to agreeing measures that will tackle the financial overrun in the hospitals without the loss of jobs.
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Loss of €32m for Stafford Group
29 August 2010 By Ian Kehoe
The Stafford Group, the family-owned fuel, shipping and retail business, has reported a loss of more than €32 million.
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Second ESB price rise ruled out
29 August 2010
Electricity customers will be spared a second price hike this autumn when new tariffs are announced by ESB, writes Niamh Connolly.
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New food laws a big cost for small producers
29 August 2010 By Susan Mitchell
EU legislation on nutrition and health claims is proving costly for Irish food businesses, according to an Irish law firm specialising in food law.
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Camelot flying flag for Ireland on US television
29 August 2010 By Philip Molloy
An actor visiting the set of the period television series Camelot at Ardmore Studios in Co Wicklow last week looked out onto the studio lot and mumbled to producer Morgan O’Sullivan: ‘‘It’s as if the Celtic tiger never went away.”
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Clare property fund alleged to be a pyramid scheme
29 August 2010 By Ian Kehoe
It enticed investors by offering a guaranteed return of 15 per cent a year, but High Court pleadings allege that the business plan of Clare property investment firm MPS Global was merely a pyramid scheme.
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