OUT OF OFFICE: Your essential round-up of the latest business news
Bank of Ireland (BOI) has taken a €169 million charge to deal with a voluntary redundancy programme in which 1,700 staff are due to leave before the end of next year. The scheme, announced last August, received over 2,000 applications. The figure of 1,700, which includes many part-time workers, accounts for roughly 14 per cent of the bank’s workforce and equates to 1,450 full-time positions. The scheme will reduce staff costs at BOI by €114...
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43% of small businesses still require wage subsidy scheme, Acca says
Research gathered by Grant Thornton and the Irish wing of the Association of Chartered Certified Accountants indicated that SMEs may require tax relief and commercial rates relief to recover post-pandemic
Cyberattack on Ardagh Group causes shipping delays
The glass and metal packaging company has taken some of its IT systems offline as a result of a cyber security incident
Former London-based investment banker to take over as DCC chair
Mark Breuer, who has served as vice chair of global M&A with JP Morgan, will take up his new role in July with the energy, services and healthcare group