Credit guarantee: The money’s there, but where is it going?
With very little of the €2 billion credit guarantee cash having found its way to stricken companies, some are speculating that the banks are too busy dealing with underperforming loans to lend cash to firms
The stresses facing Ireland’s hospitality industry were starkly laid out in a report by Bord Bia last week. Revenues at restaurants, pubs, hotels, cafés, fast food outlets and anywhere else serving food are on course to collapse by almost half this year, to €4.5 billion.
In an attempt to strike an optimistic tone, the report forecast a recovery next year, which will be cold comfort for many firms who may not...
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Can O’Leary lead Ryanair out of this unprecedented crisis?
Analysis: Michael O’Leary must be unhappy that he can’t run his company in his own way during the pandemic. His is the personality that made Ryanair Ireland’s most successful export, but he faces his biggest challenge yet in bringing the company back to recovery
Analysis: A world debt crisis is not imminent, despite Covid-19
How the new debt taken on by governments is used will be a key factor determining the global economic recovery from the pandemic
Analysis: Covid-19 has led some companies to better business models
The pandemic has given some firms a greater insight into where they can improve and where they can cut back. Those who use the opportunity to re-evaluate will emerge stronger in a post-Covid world