TRADERS on one of Limerick city’s oldest shopping thoroughfares are reporting losses of up to 50% as multi- million euro road improvements continue in the city.

An alleged confession made by a Galway traveller who was "liable to making false confessions" was the only piece of evidence in the murder case against him, a defence counsel told a jury at the Central Criminal Court today.

Drinks giant Allied Domecq today conceded defeat in its two-way takeover struggle for control of Australian company Peter Lehmann Wines.