Murphy’s former company records €29m pre-tax loss

THE Dublin-based property group that TV personality Mike Murphy resigned as a director from last year, recorded pre-tax losses totalling €29.7 million in 2010.

Mr Murphy resigned from Harcourt Developments on December 31 last.

Figures lodged with the Companies Office show that Harcourt Developments recorded losses of €29.7m last year after its revenues declined from €140.8m to €125.4m in the 12 months to the end of December last.