Out of office: NTMA plans to raise €1 billion in bond auction; Revolut reports October spending boom

WhatsApp’s European entity has been granted High Court permission to challenge the Data Protection Commission’s (DPC) fining of the company. In August the DPC fined the company, owned by Facebook, €225 million for failing to comply with a number of aspects of the General Data Protection Regulation (GDPR).

October was a party month in Ireland, according to Revolut, the bank services financial technology company. Pent up demand for weddings and religious services such as communions meant a 388 per cent increase on clothing hire and a 16 per cent increase on spending on bands, Revolut said. Spending in bars increased 12 per cent and fast-food spending increased by 10 per cent. The company has 1.5 million customers in Ireland.