Out of office: Your essential round-up of the latest business news
AIB has reaffirmed its plans to cut 1,500 roles at the bank between now and 2023. The bank is also to vacate three of its six Dublin offices and plans to merge five overlapping branches in three urban locations. Earlier this year, the bank revealed plans to reduce is staff headcount by 1,500 over three years in a bid to lower costs and increase its profit margin. However, that strategy was put on hold with...
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Irish funds industry hits record high of $4.2 trillion, new data shows
Figures compiled by Monterey Insight, an independent fund research company, show the value of Irish-domiciled funds grew by 10.4 per cent to a market size of just over $3.3 trillion.
Russia willing to share access to Sputnik V vaccine with Ireland
Vaccine found to be 91.6 per cent effective in symptomatic patients, but Irish officials not yet ready to go outside EU’s vaccine programme
Opposition to state’s €75m shared equity scheme grows
Estate agents and TDs point to the failure of a similar plan in Britain which forced prices up rather than benefiting buyers