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THE MARKET

MARKETS

IL&P writes down property values by 55%
Sunday, March 14, 2010 By David Clerkin, Markets Correspondent

Irish Life & Permanent (IL&P) has written down the value of its investment property portfolio by approximately 55 per cent from its peak.

Grafton executives withdraw from its pension scheme
Sunday, March 14, 2010 By David Clerkin, Markets Correspondent
Building materials group Grafton incurred a charge of €760,000 after its financial controller joined three other senior executives in withdrawing from the company’s defined benefit pension scheme last year.

Permanent TSB hires Accenture to advise on cost cuts
Sunday, March 14, 2010 By Richard Curran
Permanent TSB has hired management consultants Accenture to draw up proposals for a major cost-cutting plan at the bank.

THE INSIDER

Caught in a web of rapid change
Sunday, March 14, 2010 By Kathleen Barrington
The collapse of the renowned bookshop chain Hughes &Hughes was primarily blamed on high rents, but the increasing dominance of online booksellers was at least as big a factor

DONE DEAL
UL gets €5m for composites centre
Sunday, March 14, 2010 By Elaine O’Regan
The University of Limerick (UL) has secured funding of €5million from Enterprise Ireland and the IDA to establish a National Centre of Excellence for Composites Research.

MONEY

RECRUITMENT

Why did Revenue pick on you?
Sunday, March 14, 2010 By Joe McAvoy
There are numerous reasons why the Revenue may want to see your book, from a simple industry wide trawl to an allegation by an ex-employee

Value Watch
Sunday, March 14, 2010 Compiled by Dick O'Brien
Credit cards still being used as financial crutches

Don’t lose out on your leave
Sunday, March 14, 2010
Statutory leave entitlements are ‘falling between the cracks’ in some companies, writes Caroline Allen

Working Week
Sunday, March 14, 2010
Elaine McMahon is head of the Knowledge Centre in the Irish Management Institute (IMI). The centre manages learning and information services on behalf of the IMI. It also coordinates research programmes and hosts conferences and events. Established in 1952, the IMI employs 59 people and has annual revenues of €11.5 million.

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