Optimism levels are down 11% from the same quarter last year.

Construction firms are in danger of leaving themselves open to penalties by failing to fully grasp detailed new tax compliance rules, a leading advisory firm warned yesterday.

The disproportionate amount of venture capital funding being attracted by Dublin companies needs to be explained given the the quality of investment opportunities elsewhere in the country.

-Difficulties ongoing since 2010

The liquidator to building firm Tom Hayes Ltd said yesterday that it is “a little bit unlikely” that unsecured creditors owed over €2.7m will see any of their monies.