You are viewing the content for Saturday 6 June 2015


Greece may call snap election to break impasse

Greece delayed repayment of an IMF loan yesterday and a deputy minister said Athens might call snap elections to break an impasse with lenders that threatens to push the country into bankruptcy and out of the euro.

Michael McGrath, FF

Government gets inheritance windfall

The number of people liable for the controversial inheritance tax applied to gifts following the death of a family member has risen by more than a third over the past five years.


‘Group knew in 2007 of banks’ Libor lies’

The British Bankers’ Association was told that banks were lying about Libor submissions to suit their trading positions as early as 2007, according to evidence at a London criminal trial.


UPMC posts €72m loss on Beacon Hospital disposal

The main Irish arm of US medical firm, the University of Pittsburgh Medical Centre recorded a loss of €71.9m on its disposal of the Beacon Hospital last year, new accounts show.


UK banks seeking tax review after HSBC threat

Britain’s largest banks are urging the UK Treasury to start a formal review of taxes on the industry, amid concern HSBC Holdings and Standard Chartered could move overseas to avoid a levy on balance sheets.


Vodafone: Just assets swap, no merger

Vodafone said yesterday it was in talks with Europe’s largest cable operator Liberty Global about an exchange of assets but was not discussing a full-blown merger.


Entrepreneurs more likely to hire than established firms

Entrepreneurs are far more likely to take on extra staff this year than executives of large corporates, according to a major global survey.


88,000 on state training courses

The number of people on Government-funded ‘activation’ training courses has risen to 88,398, official figures show. 


S&P upgrades Ireland on rapid economic growth

Ratings agency Standard & Poor’s has said Ireland’s economy is rebounding strongly and will see rapid economic expansion for much of the rest of the decade.



Call centres key in war for insurance market share

There is great concern at present from both consumers and industry professionals about the insurance industry in Ireland.