Dermot Desmond, Gavin O’Reilly and the last days of the Sunday Tribune
When a business article published in 2001 upset one of Ireland’s richest men, it set in motion a dramatic chain of events that helped to bring about regime change at Ireland’s biggest newspaper group
The closure of the Sunday Tribune in 2011, after 31 years in business, set off a chain reaction that had long-running implications for its benefactor: Ireland’s biggest newspaper group, Independent News & Media. Within 18 months of its closure, INM had a new shareholder called Dermot Desmond, a multibillionaire who now finds himself as a potential kingmaker in embattled INM with a 15 per cent shareholding. During the same period, INM’s former chief executive Gavin...
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Tom Maguire: Tax changes we make now could help business for years
The way we did business a few months ago may never return – so the opportunity is to make changes that will both aid recovery and set us up well for our new futures