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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AIB financial targets will be met by closures and 1,500 job cuts
The bank, which is 71 per cent owned by the Irish taxpayer, may also be looking towards acquisitions, one of which is the wealth management company Goodbody stockbrokers which it formerly owned
Brian Keegan: Businesses deserve a reward after such a tough year
It’s clear from the November exchequer returns that Irish firms have been doing the right thing throughout the coronavirus crisis
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