Index shows Irish firms making loss

A new report by Barclays assessing buying and selling of companies across Ireland and Britain has found that Ireland was the only country where on average businesses experienced a loss.

Barclays Entrepreneurs Index found over 440 growing Irish firms saw a change in shareholding between the second half of 2011 and first half of 2012.

The report is the first of its type to track shareholder changes in growing businesses with turnovers between €6m and €248m across Ireland and Britain.