- NEWS
10% tax on junk food to tackle obesityA 10% tax on fizzy drinks, sweets, biscuits, crisps, and chocolate is to be recommended to the health minister as a way of tackling the country's soaring obesity problem.
Prayer vigil for fine weather as farmers queue for fodderA 24-hour prayer vigil for fine weather has been held on the Kerry-Cork border.
- WORLD
How Star Trek predicted the futureWHEN Star Trek creator Gene Roddenberry first dreamed up the concept of a television show based in the unexplored universe of Outer Space in 1964, the world was a very different place.
BIG READ: A week in the online terror worldMichael Moynihan on his week in the online terror underworld.
- BUSINESS
IBRC delays loan valuations, saleThe valuation and sale of IBRC loans has been pushed out by six months to November and December of this year.
The smart money is always on SeánFounded four decades ago, its annual turnover is now €2bn.
- SPORT
The Terry Reilly Interview: The Godfather of GalwayOver the course of almost half a century, Liam Sammon has been in service to Galway football. Now he hopes a new generation can restore county pride.
Super Blues keep double in sightsJoe Schmidt's side won their third European trophy in successive years and gave Connacht reason to celebrate also as the Westerners gained entry to next season's Heineken Cup courtesy of their neighbours to the east.
- LIFESTYLE
Perfume for summer: Let in the seasonal lightYOUR wardrobe isn't the only thing that needs updating once the barometer starts to rise.
You’re not gay. You’re in a bromance. Did you cry with your buddy while watching Fergie say farewell at Old Trafford?
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Today's stories
Severe pre-tax losses for Bank of Ireland
Bank of Ireland has announced pre-tax losses of €1.25bn for the first half of the year.The bailed out bank blamed the poor performance on impaired loans and having to sell off assets.
Bank of Ireland said its bad loans cost €941m.
Losses for the first six months of 2011 were €556m.
Richie Boucher, chief executive of the bank, said the amount of money set aside to cover failing loans is expected to reduce from this year.
“While the Irish economy remains challenged and our impairment charges remain elevated, we expect the impairment charges to reduce from this level, trending to a more normalised level as the Irish economy recovers,” he said.
“The pace of the reduction will be particularly dependent on the future performance of our Irish residential mortgage book and commercial property markets, as well as our own credit management initiatives.”