The private equity firm that briefly seized control of the O’Flynn Group has been forced into retreat and dressed down for failing to disclose key pieces of information to the High Court.

CORK’s Imperial Hotel saw its pre-tax profits fall by nearly €200,000 last year, according to latest accounts lodged with the Companies Office.

THE Taoiseach yesterday stood by the Government’s roll-out of decentralisation, while conceding that it will take longer than originally thought.