Lorcan Allen | Business Post

Lorcan Allen

@lorcan-allen

Lorcan Allen is Business Editor at the Business Post

Xeinadin acquires McKeogh Gallagher Ryan as financial services consolidation ramps up

The London-based financial services group has made 17 investments in the Irish market over the last number of years

Barry Cowen to seek Fianna Fáil nomination to stand for European Elections next June

The Laois-Offaly TD informed members of his local Fianna Fáil organisation on Monday night that he intends to stand as a candidate in the Midlands-North-West constituency

EasyJet swings back to profit after record summer and reinstates shareholder dividend

The low cost airline group founded by Stelios Haji-Ioannou cautioned that flights to the Middle East continue to be impacted by the Hamas-Israel war

Greencore posts healthy profits of £76m despite ‘challenging market’ conditions

The convenience food manufacturer said it delivered steady profit growth this year after exiting a number of low margin contracts and passing on cost inflation

The Week Ahead: Greencore results and inflation flash estimate

The Business Post looks ahead to key events in business

CRH hits the ground running in US, with profit forecast bumped to $6.3bn

With its share price up 50 per cent this year and a market valuation of almost $43 billion, the concrete giant is the biggest company to ever come out of Ireland

Horseware Ireland records double-digit growth as expansion continues

The Dublin-based equestrian accessories firm recorded pre-tax profits of almost €4.2 million in 2022, up almost 60 per cent on the previous year

Pinergy reports pre-tax loss of more than €13 million for 2022

Energy price spike resulted in significant losses for the energy provider

Health ‘hung out to dry’ by poor budget forecasting, says Ifac

Head of the budgetary regulation agency describes failure to accurately predict cost increases and overspends as ‘alarming’

Dublin riots reaction: ‘This is a stain that has been growing... we’re circling the drain’

From Clerys to Ryanair, the reaction to Thursday night’s anarchy was anger, frustration and embarrassment

ISME: ‘Retail staff are not afraid of immigrants, they are afraid of unrestrained thuggery’

Retailers are continuing to count the cost of the riots, which saw 13 shops extensively damaged, 11 garda and six public transport vehicles destroyed

Adversarial planning system is holding back renewable energy delivery - McDonald

The Sinn Féin leader said the state is not moving fast enough to enable the delivery of large scale solar energy projects to help meet climate targets

Nato run the rule over Irish troops in military training exercise

The Irish Defence Forces are periodically evaluated according to Nato’s military standards

Exponent Private Equity to create new operations base in Dublin

The London-headquartered private equity firm recently received approval from the Central Bank to operate as an alternative investment fund manager

Aer Lingus owner IAG plans to reinstate shareholder dividends as it targets higher margins

International Airlines Group is targeting a medium-term operating profit margin of 12 to 15 per cent

CRH raises profit guidance as it agrees $2.1bn deal to acquire Texas concrete business

The Irish headquartered building materials giant said it had acquired an “attractive portfolio” of assets from a US rival as part of the deal

End to inflation crisis may be in sight as high interest rates bite

Rate of price rises has fallen sharply in both US and Europe – while Ireland’s inflation rate, though also down, is still above average at 3.6 per cent

New Ireland boss to leave BoI group

Michael Murphy oversaw substantial growth in pensions and life insurance division in seven years at the helm

Biden’s inflation act will benefit SMEs in Ireland, says US company chief

The chief executive of Sterling Engineering says reshoring of manufacturing will create beneficial ‘ripple effect’ for small businesses in EU

The Big Interview

Stephen Tennant, Grant Thornton: ‘I still see more opportunities in our financial services practice’

Grant Thornton’s incoming new chief executive on his dreams of playing professional football in Scotland, why Ireland’s economy is resilient, his goals for the firm and how a chance introduction brought him to Ireland