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Michael McGrath tells Dáil that bank windfall taxes could lead to price increases

AIB made €2.39bn profit last year. BoI made €1.94bn. Together, they paid €673m corporation tax In a written reply to a Dáil question posed by...

Broad rise in business activity seen in May, but inflation is still snapping at our heels

The index stood at 55.0 in May, up from 53.3 a month earlier. Any reading over 50 indicates an increase in activity.“The growth in...

Irish financial institutions are ‘not prepared’ for new online protection law, says expert

New law will hold banks legally responsible for protecting customers Ireland’s financial institutions could face big fines under new EU cybersecurity legislation which comes...

Week ahead: All eyes on inflation in new CSO figures, while Howden Joinery Group to publish first-quarter results

Week 18 The Central Statistics Office (CSO) will publish the flash ­estimate for the Harmonised Index of Consumer Prices (HICP) for April today.The rate of...

State to get €1bn from AIB next Friday after off-market share buyback

It brings to almost €1.3bn what it expects to receive from AIB in coming weeks when dividends of €273m due to be paid to...

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