Business News

Nama set for loan sale as AIB nears €300m BTL deal

The National Asset Management Agency is preparing to sell a portfolio of loans tied to the late Cork developer Owen O’Callaghan. Read more

Amryt chief excited by ‘landmark’ agreement

Irish-listed Amryt Pharma posted operating losses before tax of €7.8m following a number of strategic acquisitions over the course of 2016. Read more

Row as Lisney denies it signed off on report that claimed Nama lost €18bn

A war of words has erupted over estate agent Lisney’s role in an apparently damning report into Nama. Read more

‘We didn’t cause this, but we have to deal with the reality,’ says Kenny

Taoiseach Enda Kenny insists he is confident that Ireland’s interests will be reflected in the draft Brexit negotiating guidelines due to be published by Brussels. Read more

Permanent TSB ‘charging double’ its rivals to fix rate

A state-rescued bank has been accused of exploiting its mortgage customers by offering those who want to fix an interest rate that is more than double what other banks are charging. Read more

Mortgage surge means house prices ‘now set to rise by 10pc’

A rush to get approved for a mortgage, with first-time buyers to the fore, is expected to push house prices up by 10pc this year. Read more

Irish Life adds City Quay offices to €1bn portfolio

Irish Life has restated its commitment to the Dublin office market with a decision to pre-fund the €125m development of 13-18 City Quay in the docklands. Read more

2,000 taxpayers call Revenue helpline in offshore crackdown

With only a month left for taxpayers to make voluntary disclosures about offshore assets, there’s likely to be a surge in calls to the Revenue Commissioners’ dedicated helpline in coming weeks. Read more

Pay freezes predicted despite country’s economic growth

Labour costs in Ireland are rising at one of the slowest rates in the EU despite the country’s strong economic performance. Read more

‘Strong evidence’ Ireland aiding EU banks’ tax-avoidance schemes

Ireland is one of the countries “leading the race to the bottom” in the facilitation of global tax avoidance, according to a new report from charity group Oxfam. Read more