Business report: The morning business briefing

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

NEWS

Fee cap for paying on credit card

The cost of paying with plastic will be cut throughout the EU after European Parliament members voted overwhelmingly to cap their fees

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Revenue collects over €23m from Irish tax defaulters

Concert promoter Oliver Barry has made a settlement with the Revenue Commissioners of €2.21m for the underpayment of income tax and Vat.

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Irish Hotel group Dalata adds to portfolio

The country’s largest hotel group Dalata completed a transformational year with the announcement that it has added the Holiday Inn in Belfast to its portfolio of hotels for €25.7m.

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Losses mount at Limerick Greyhound Stadium

Pre-tax losses continued to mount at the firm that operates Bord na gCon’s controversial Limerick Greyhound stadium in 2013, figures show.

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Facebook fraud suspect is missing, says lawyer

A man charged with fraud for claiming half-ownership of Facebook based on a phony contract and faked emails is missing, his lawyer has said.

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MORE BUSINESS NEWS

BUSINESS ANALYSIS

We can’t take US investors for granted

A recent presentation organised by the American Chamber of Commerce underlines the strategic value of Ireland as an investment location for large US companies,writes Joe Gill.

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