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The Press Council of Ireland has said that one in eight complaints it received last year related to children.

TODAY'S BUSINESS - IRISH EXAMINER

Greece faces ‘intensive work’ as deadline looms

European leaders yesterday told Greece to return to the negotiating table for “intensive work” to wrap up a reform agreement before cash runs out, sidestepping Athens’ demand for a comprehensive, long-term solution to its troubles.

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Political ‘interference’ causes investor concern

International investors are looking on with concern at the pressure the Government has placed on the banks to lower home loan rates — and the return taxpayers will get from future sales of AIB, Permanent TSB and Bank of Ireland could be hit, experts have warned.

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Solution on mortgages will not end controversy

The Government faces a political headache over the sky-high rates that banks are charging their standard variable mortgage customers, but its solution is unlikely to mark the end of the controversy.

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Boost for Osborne ahead of July budget

Chancellor George Osborne yesterday received a boost ahead of his emergency summer budget as official figures showed a better-than-expected improvement in the UK’s public finances.

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Female executives against gender quotas for boards

Appetite, among female executives, for quotas to be introduced as a means of increasing gender equality on the boards of Irish firms is declining, according to a new survey.

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Cork-based sportswear firm sees €182k hike in profits last year

The Cork-based sportswear firm that supplies helmets to many of the country’s top hurlers enjoyed a €182,000 increase in profits last year.

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German business morale declines slightly in May

German business morale deteriorated slightly in May for the first time in seven months though it remained at a high level overall, a leading survey showed, adding to signs of softening in Europe’s largest economy.

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Banks see misconduct bill rise to €213bn

Twenty of the world’s biggest banks have paid more than $235bn (€213bn) in fines and compensation in the last seven years for a litany of misdeeds that has scarred the industry and is delaying its rehabilitation.

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UBS wins big with €3.8m in fees from Nama last year

Swiss investment bank UBS was the big winner in fees paid out last year by Nama, as it received €3.85m from the agency.

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Hope of higher offer for Dragon Oil

Investors in Dublin-listed exploration firm Dragon Oil are being urged to hold out for an anticipated higher value takeover offer from the company’s majority shareholder, the Emirates National Oil Company (ENOC), than the €5.03bn currently being proposed.

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Banks to cut variable rates by July 1

Finance Minister Michael Noonan has given banks until July 1 to cut interest rates for hundreds of thousands of mortgage holders, or face penalties.

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Higher mortgage rates a ‘drag’ on economy, report finds

Higher than necessary mortgage rates for borrowers act as a “drag” on the economy but any interference with lenders risks damaging the long-term prospects of banks, an analysis by the Central Bank has concluded.

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