AIB set to leave State ownership

The best news, analysis and comment from The Irish Times business desk

The State has moved to exit its holding in AIB. Photograph: Dara Mac Dónaill / The Irish Times








Photograph: Dara Mac Donaill / The Irish Times
logos logo
The State has moved to exit its holding in AIB. Photograph: Dara Mac Dónaill / The Irish Times Photograph: Dara Mac Donaill / The Irish Times logos logo

Business Today

Business Today

Get the latest business news and commentary from our expert business team in your inbox every weekday morning

A decade and a half after the State rescued AIB during the depths of the financial crisis, the Government is to sell its remaining shares in AIB. Joe Brennan reports on the move.

As EU-US trade talks continue, An Taoiseach Micheal Martin has warned that a breakdown in discussions would have immediate ramifications for the upcoming budget, Taoiseach Micheál Martin has warned. “There’s no doubt that the tariff situation does create a completely different context leading into this budget,” Mr Martin said at the National Economic Dialogue event in Dublin. Eoin Burke-Kennedy was there.

Mortgage lending by credit unions increased by 34 per cent to €632 million in the three months to the end of March compared with the same period last year as consumers increasingly turn to finance buying a home. Colin Gleeson reports.

If you like tennis, it’s the time of year for strawberries and cream as Wimbledon gets underway. The event is notoriously difficult to get tickets for, but there are ways. Fiona Reddan shows how to do it.

READ MORE

Who should you appoint as an executor of your will? It can be a fraught decision at the best of times. Dominic Coyle offers some advice to a reader with just such a query.

WhatsApp is to introduce paid advertising into its app for the first time, Meta has confirmed, in a new departure for the app. Ciara O’ Brien has the details.

Cantillon also looks at why Meta has moved to do something it long said it wouldn’t while also running the rule over tobacco companies attempts to lobby the Department of Health.

Two-thirds of small businesses have said digital adoption is essential for their survival, but they are encountering “significant issues” in attracting and retaining top digital talent as they compete with much larger companies. Colin reports.

Irish companies that imported Jolly Ranchers from the UK are required to comply with a product recall instigated amid concerns of DNA damage and increased risk of cancer, the Food Safety Authority of Ireland has said. Hugh Dooley has the story.

The Wright Group has secured planning permission to turn chef Dylan McGrath’s former Rustic Stone restaurant in Dublin into a gastropub. Gordon Deegan reports.

Gordon also reports that Lioncor has lodged plans for a 666 unit residential scheme as part of an overall €710 million housing plan for the Co Wicklow town of Arklow.

Moore Ireland, the Cork-based accountancy firm backed by private equity, has merged with Dublin-based firm HSOC, as deal-making continues to heat up in the mid-market accounting industry. Ian Curran has the details.

If you’d like to read more about the issues that affect your finances try signing up to On the Money, the weekly newsletter from our personal finance team, which will be issued every Friday to Irish Times subscribers.

News Digests

News Digests

Stay on top of the latest news with our daily newsletters each morning, lunchtime and evening