A hefty cut to directors’ pay contributed to pre-tax profits at the financial services firm co-owned by Eddie Hobbs increasing by more from than 11-fold to €73,425 last year.

High director pay levels denied celebrity consumer advocate, Eddie Hobbs’ financial advisory firm a return to profit last year.

EDDIE HOBBS has been calling on consumers to email Tesco and Dunnes to demand that they reduce their prices now that the Groceries Order has been repealed.