Business report: The morning business briefing

Here’s a run down of today’s business headlines.

Mon, 09 Mar, 2015 - 00:00

Greg Murphy

NEWS

Construction sector growth stalled last month

The rate of growth in the construction sector had a sharp drop in February with activity down across most areas, according to the latest Ulster Bank construction index.

Our split personality mindset has paved the way for Irish economic problems

In urban Ireland, while evidence of poverty is there for all to see, there are also plenty of signs of economic recovery.

Data storage stacking up for firm

Specialising in big data analytics has opened international opportunities for Limerick company Asystec and helped it increase sales by 300% in 2014.

Sterling under pressure over interest rates

The pound depreciated the most in more than four years against the dollar in the past week, amid speculation the Bank of England was moving toward higher interest rates more slowly than the Federal Reserve.

Byrne property group records profits of €50m

The property group established by one of Ireland’s largest developers, the late John Byrne, recorded profits of €50m in 2013, new figures show.

MORE BUSINESS NEWS

SMALL BUSINESS SHOW

Small Business Q&A: Victor Finn, CEO of IMRO

For this week’s Q&A Kehlan Kirwan talks with Victor Finn, CEO of IMRO. The Irish Music Rights Organisation recently announced that music is worth €470m to the economy. Victor talks to Kehlan about the importance of music to the economy.