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Pension black hole surges by €2bn at top companies
The combined pension deficits at the State’s largest private and public companies have surged by €2bn. AIB and Bank of Ireland had the highest deficits at around €1bn each, according to the research by pension consultants LCP Ireland. Falling bond yields last year had a dramatic impact on corporate balance sheets. This was despite the […]
Thursday 03/12/2015 Read full articleMedia hysteria about stock market corrections misplaced
Fear sells newspapers but investors should not pay attention to the apocalyptic headlines Source: Irish Times 08/09/2015 Large sections of the media tend to get a little hysterical during stock market corrections, adopting a “pack up the kids” tone that aims to scare the bejaysus out of its readers. The latest bout of market turbulence, […]
Tuesday 08/09/2015 Read full articleIreland Vs UK Tax Take is Startling!
Ireland Vs UK Tax Take is Startling! Source: Dublin Chamber of Commerce According to recent research published by the Dublin Chamber of Commerce, Ireland has a far more penalising tax regime for business owners and employees than in the UK. More and more firms are seeking to relocate away from Ireland into Britain and it is […]
Sunday 26/07/2015 Read full articleThe IMF’s memo on Greece. It’s horrific.
Article taken from Business Insider 15/07/2015 Germany and the EU “won” their arguments with Greece, and the country accepted another bailout deal as the cost of staying in the eurozone. Neither the country nor the people wanted the bailout to come with another painful austerity package, but it has. But it is not until you actually read the IMF’s […]
Sunday 19/07/2015 Read full articleTime runs out for Greece
Greece faces last chance to stay in euro as cash runs out Article taken from Reuters 07/07/2015 Greek Prime Minister Alexis Tsipras had a final chance to present credible reform proposals to an emergency euro zone summit on Tuesday to persuade skeptical creditors to reopen aid talks before his country’s banks run out of money. […]
Tuesday 07/07/2015 Read full articleEuro zone economy accelerating
OECD says euro zone economy accelerating Article from RTÉ Business Economic growth is accelerating in the euro zone and in India but slowing in China, Russia and Brazil, the Organisation for Economic Co-operation and Development said today. In a monthly update, the OECD said that within the euro zone, France and Italy were showing signs […]
Thursday 09/04/2015 Read full articleWorld Economy Ready to Bounce
World Economy Ready to Bounce After Sluggish Opening to 2015 Article from Bloomberg.com It’s deja vu time all over again for the world economy. That means you can expect output to pick up after a disappointingly sluggish first quarter, say economists at JPMorgan Chase & Co. and Capital Economics Ltd. Since 2010, global growth has […]
Tuesday 07/04/2015 Read full articlenext »