Andrew Fanning

Andrew Fanning

Key civil servant called broadband plan a 'leap of fath'

Key civil servant called broadband plan a 'leap of fath'

In advice published by the government, Robert Watt said the state would be asked to bear an 'unprecedented risk' if the project were approved

Insurance sector 'woeful' on diversity, says regulator

Insurance sector 'woeful' on diversity, says regulator

Ed Sibley told Insurance Ireland’s annual lunch that, unlike many other sectors, insurance had 'gone backwards' in 2018

Government backs 'transformative' broadband plan

Government backs 'transformative' broadband plan

Taoiseach Leo Varadkar defended the cost, saying that in ten years' time people would not be asking about the price, but wondering 'why we didn't do it sooner'

Trade turmoil forces EU to trim forecasts

Trade turmoil forces EU to trim forecasts

Despite solid growth, the European Commission warned that Ireland’s outlook was 'clouded by uncertainty', particularly about Brexit and potential changes in the international tax regime

Slower services growth as new business loses momentum

Slower services growth as new business loses momentum

The fall in the AIB Services PMI was mainly due to a slowdown in new business growth, which was the weakest in two and a half years

Factories feel Brexit impact despite growth

Factories feel Brexit impact despite growth

New business growth was the slowest since September 2016, according to the AIB PMI, with companies reporting weaker domestic and international demand

Eir to raise €850m through refinancing

Eir to raise €850m through refinancing

A note from ratings agency Standard & Poor’s indicated that Eir would use some of the funds to pay €300m of dividends to shareholders

'No more surprises': Sport Ireland to audit FAI

'No more surprises': Sport Ireland to audit FAI

It has emerged that the Companies Registration Office received a report from auditors Deloitte saying that the FAI’s accounts were not being properly kept

Kingspan makes €700m offer in latest European push

Kingspan makes €700m offer in latest European push

The Cavan-based company has been expanding into Europe and the Americas in recent years, reducing its reliance on the Irish and British markets

Link carbon tax to emissions targets, urges IEA

Link carbon tax to emissions targets, urges IEA

The energy body has warned that Ireland’s overall energy system remains heavily reliant on fossil fuels, and is on course to miss carbon emissions reduction targets for 2020 'by a large margin'

PTSB chief won't rule out more loan sales

PTSB chief won't rule out more loan sales

Chief executive Jeremy Masding told an Oireachtas committee his bank’s level of non-performing loans was still too high at 10 per cent and needed to come down further

Sport Ireland halts funding to FAI

Sport Ireland halts funding to FAI

The decision came after an acknowledgement from the association that it did not comply with one of Sport Ireland’s terms and conditions for the approval of grants

Delaney will appear at Oireachtas committee

Delaney will appear at Oireachtas committee

A statement from FAI president Donal Conway has said recent comments made by the association 'did not accurately reflect the board’s level of awareness of the existence of the €100,000 issue in 2017'

Debenhams rejects latest Ashley proposal

Debenhams rejects latest Ashley proposal

The chief executive of Sports Direct International had offered to underwrite the issuance of £150 million in new shares, conditional on his being named CEO of the department store chain

Brexit not the only worry, says Central Bank

Brexit not the only worry, says Central Bank

In its latest quarterly bulletin, the bank expects GDP to grow by 4.2 per cent this year and 3.6 per cent in 2020, with the 2019 forecast slightly lowered from its last bulletin