A former accountant with the Irish Coursing Club submitted “fictitious” mileage expenses worth €3,800 a year after striking an agreement with his former boss and the club’s former auditors, a tribunal has heard.

A special manager appointed to run a Kildare credit union is willing to be cross-examined about the level of fees he is seeking for the job, the High Court heard yesterday.

Fashion chain Republic has collapsed into administration putting 2,500 jobs at risk.

A former Cork city bar operated by the Rebel Bar Group has changed hands, and is due to re-open by Easter. Mulligans, on Parnell Place, has been acquired by a small consortium headed up by Liam Barry, who has owned the Bodhrán on Oliver Plunkett Street for more than 10 years, and who’s been in the bar business in Cork and Mallow for almost 20 years.

The Commercial Court has heard IBRC is suing former auditors Ernst and Young over its handling of alleged transactions by ex-chairman Sean Fitzpatrick.

Cork Airport has said it needs to secure at least 32 redundancies if it is to avoid mounting losses over the next three years.

John Daly discusses the highs (and sometimes lows) of the entrepreneurial journey.

Up to 80,000 jobs could be created and the country’s GDP boosted by €3.9bn if the Government creates a policy framework that enables more cleantech industries to be developed, according to a report.

IT will be “business as normal” at the five-star Ashford Castle Hotel, receivers appointed to the leading European hotel said yesterday.

Employers' group IBEC today said that proposals published by the European Commission for a Common Consolidated Corporate Tax Base (CCCTB) are unlikely to make the EU more attractive as an investment location.

Ernst and Young is predicting unemployment will stay as high as 14% up until 2014, despite high emigration.

IRELAND’S rescue programme is a good one and will bring stabilisation to the country, according to the European Central Bank (ECB).

ENVIRONMENT Minister John Gormley wants local authority managers who squander public money to be hauled before the Public Accounts Committee.

Senior management at failed US investment bank Lehman Brothers massaged the company's accounts to conceal the true state of its finances from investors a court-appointed examiner has found.

Auditors who checked the annual accounts of Anglo Irish Bank should have spotted secret multi-million euro loans, Financial Regulator Patrick Neary said today.

SHARES in the embattled pharmaceutical company Merck eased back by just over 2% yesterday, the first day of trading since a US court awarded the family of a man who died from taking its flagship drug Vioxx, €207 million in damages.

British assurance society Equitable Life said today it was ready to consider its long-term future after achieving its most “stable and secure” position since 2000.

VENTURE capital investment in Irish companies has collapsed 50% year-on-year according to a pan-European survey, which shows the greatest problems in the software sector.