The former managing director of the Dixons retail operation in Ireland received a payoff of over €300,000 when he stepped down from the role last year.

DSG Retail Ireland Ltd, the company behind Currys and PC World, made a pre-tax loss of €5m last year as revenues from the sale of its electronics continued to slide.

THE recession has created a more savvy brand of consumer, where price overrides convenience, household budgeting is more commonplace and where customers are more willing to complain.

DSG Retail Ireland, the company behind Currys and PC World, made a pre-tax loss of €8 million last year.