Business report: The morning business briefing

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

Fri, 13 Mar, 2015 - 00:00

Greg Murphy

NEWS

Ireland’s GDP growth fastest in EU

Ireland’s economic growth rate surged to a post-crisis high of 4.8% last year, the fastest rate in the EU, as data confirmed a stunning recovery from the devastating 2008 property crash.

Minister Michael Noonan expects budget flexibility

Finance Minister Michael Noonan expects that the European Commission will hand him the type of financial flexibility that has been afforded to other countries in order for him to reshape the upcoming budget.

‘Voice’ producer scores €1.1bn hit with ITV deal

ITV is to snap up Talpa, the Dutch production company behind The Voice, in a deal that could cost up to €1.1bn.

Landing fees could scupper IAG deal for Aer Lingus sale

Government officials are to meet with representatives of IAG again today to hammer out a deal over the sale of Aer Lingus but may be unable to accommodate one of the airline group’s key requests.

Tony McCoy sees company profit race ahead at €540,000

Champion jockey Tony McCoy has even more reason to smile today with new accounts showing that profits at his firm last year rocketed by €540,000.

MORE BUSINESS NEWS

BUSINESS ANALYSIS

Weak euro will help economic recovery

Foreign exchange markets are always characterised by a certain degree of volatility and tend to be pushed about the place by short-term economic and political developments.

FARMING