Dunnes' Northern firm in €284m payout

The Dunnes Stores retail empire last year received a £250m (€284m) dividend from its main Northern Ireland based company.

The Dunnes Stores retail empire last year received a £250m (€284m) dividend from its main Northern Ireland based company.

New accounts filed by Dunnes Stores (Bangor) Ltd, which cover takings from its stores in the North and in Britain, show that it paid out the huge dividend payment to connected firms in the Dunnes group.