Sterling was wallowing at eight month lows against the euro, as investors continued to trade on news that the European Central Bank may start weighing plans to cut its stimulus programme.

Shares in bookmaker Paddy Power Betfair fell almost 6% yesterday as brokers focused on the prospects of growth in online gaming across the industry.

THE appalling, dishonourable decision by the profitable Independent News and Media (INM) to close its defined benefit pension scheme is another indication of how government after government has dodged its responsibilities. 

Paddy Power Betfair saw its revenue rise by 18% to £759m (€885m) during the six-month period to June, as its time as a combined entity gets off to a strong start.

The London market edged back into positive territory as a rise in the price of oil eased the pressure on top-flight stocks.

Here’s a briefing on some of the stories and issues highlighted on irishexaminer.com today.