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[lbo] 24/3/2010 09:22

McAteer arrested in second Anglo swoop


A second former official of AngloIrish Bank has been arrested by gardai probing irregularities at the bank.

Believed to be former finance director and chief risk officer William McAteer, he was arrested at in a swoop at half past six this morning.

He is being held at Irishtown garda station in Dublin under section 4 of the Criminal Justice(Theft and Fraud Offences) Act.

His arrest follows that last week of his former boss Sean FitzPatrick, who was questioned by 24 hours by gardai before being released without charge

[lbo] 23/3/2010 22:24

Here at home it's worse than it looks



At the end of February, unemployment inched back to 12.6% from 12.7% the previous month. Economists have been pointing to the continued improvement over the last three months in the jobless figures as a signal that things are looking up for the Irish economy. However, beneath the figures is a much bleaker story.




Over half (54pc) of Irish recruitment firms cut back on staff numbers over the past two years

[lbo] 18/3/2010 12:22

Former Anglo Irish boss FitzPatrick arrested

[lbo] 17/3/2010 21:04

EU warning over Irish recovery plan



The European Commission has told the Government to stand ready to intensify its austerity drive after warning that key assumptions underpinning its economic recovery plan may be too "optimistic".

In a blunt assessment of a programme that already foresees €3 billion in new cutbacks and tax measures in 2011 and a further €3 billion in 2012, the EU executive says the plans for the entire 2011-2014 period should be strengthened to avert the risk that targets might be missed.

"As regards Ireland, yes, the scenario is assessed to be on the optimistic side. In particular in the outer years, the growth assumptions look quite optimistic to us," a senior Commission official told reporters.

[lbo] 09/3/2010 18:22

There is still no sign of a recovery in Irish business, a new survey shows.

More than half (51pc) of businesses across the island, North and South, recorded a fall in turnover in the fourth quarter of 2009 while nearly half saw profits fall, according to the latest InterTradeIreland Quarterly Business Monitor, the largest business survey on the island.

[lbo] 07/3/2010 20:39

WITH less than two weeks to the start of the Cheltenham Festival, Victor Chandler, one of the world's biggest bookmakers, has warned that there are no "high rollers" left in Ireland.

"There's just no money in Ireland. It's destroyed.

[lbo] 03/3/2010 12:32

THE number of publicly quoted companies fully complying with the combined code on corporate governance has fallen nearly 20% in the last 12 months to 36%.

[lbo] 01/3/2010 13:08

The acquisitions continue. Trying to buy their way out of trouble will just end up buying them more trouble and more exposure to a seriously declining jobs market in Ireland.

[lbo] 27/2/2010 16:55

135 jobs lost and 485 more at risk as leading retailers close

[lbo] 23/2/2010 15:35

Jobs from foreign invest falls 42pc



Ireland fared worse than most developed countries in terms of new jobs from Foreign Direct Investment (FDI) in 2009 with an annual fall of 42pc, the latest National Irish Bank / fDi Intelligence Inward Investment Performance Monitor for 2009 launched today shows.




Number of new jobs declined 42pc last year, report shows

[pottingon] 23/2/2010 00:48

And most of the 18 per cent , are now happily washing dishes,

high turn over in this line of wor?

[lbo] 22/2/2010 23:10

Just under 18 per cent of those who signed on the Live Register in the first three months of 2009 had secured alternative employment by the end of June, new data from the Central Statistics Office (CSO) show

[lbo] 16/2/2010 22:45

Outstanding External Debt Numbers: Greece Doesn't Look So Bad

[lbo] 16/2/2010 22:20

LOL





Typical Paddy mentality! If a tree falls down in the forest but nobody was there to report it then it did not happen!



Ireland's economy was once the envy of Europe. Now, with debt mounting, an economic comeback in 2010 appears increasingly unlikely as the Celtic tiger struggles to avoid the fate of Greece

[lbo] 13/2/2010 15:32

LOL

Its fallen from over €5!

An extra 87,000 to join dole in 2010, warns FAS

[jamesbox] 11/2/2010 21:37

stock keeps going up nicely. doubled since lbo turned negative

[lbo] 10/2/2010 14:32

Thousands of jobs to go as big banks slash costs

[liarspoker] 09/2/2010 06:35

Post 236 - they should be making the Irish equity markets more attractive instead the Irsh equity markets are a piecemeal of corrupt officials, badly managed policies, still majorly property dependant & not enough companies listed. No wonder I am investing abroad.

[lbo] 08/2/2010 21:11

175 jobs to go at Boston Scientific

[lbo] 07/2/2010 21:02

Companies to be taxed on share buybacks



Quoted companies such as Ryanair and Grafton face the prospect of massive tax bills on future distributions of cash to shareholders following radical changes to the tax treatment of share buybacks.

[lbo] 05/2/2010 14:43

Having breached 430,000 marker this time around, the Live Register is back on the upward trajectory. As predicted. And with it - unemployment rate

[lbo] 02/2/2010 21:06

TV3 News has learned that the number of people signing on the Live Register has risen sharply again - by 13,000.

In a blow to hopes of a recovering economy, the new figures that will be officially announced tomorrow show that whilst the recession may be technically over - the fallout from it is still far from over.

The unemployment rate now stands at 12.7%.

[lbo] 01/2/2010 22:11

CPL's focus on Ireland may end up counting against it