Beacon hospital’s losses, Masding’s new board role, and a once-off wealth tax

Business Today: the best news, analysis and comment from The Irish Times business desk

The Beacon Hospital in Sandyford, Co Dublin made a loss of €2 million last year. Photograph: Stephen Collins/Collins Photos
The Beacon Hospital in Sandyford, Co Dublin made a loss of €2 million last year. Photograph: Stephen Collins/Collins Photos

The Beacon private hospital in Sandyford recorded a 7 per cent increase in its revenue last year but slipped into the red due to higher costs associated with the impact of Covid-19 and the fact that the hospital's capacity was handed over to the HSE for a three-month period on a "cost recovery" basis. Ciarán Hancock and Eoin Burke-Kennedy report

Newry-headquartered FD Technologies is planning to create 500 jobs in the Republic with the establishment of a new technology hub. Charlie Taylor has the details.

Former Permanent TSB chief executive Jeremy Masding has joined the board of Irish medtech group i360 Medical. The appointment is Masding's first return to the boardroom since stepping down at Permanent TSB last year. Dominic Coyle reports.

Deliveroo continues to expand its presence here with a move into counties Louth, Kildare and Meath, writes Charlie Taylor.

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Could a once-off wealth tax pay for better public services in Ireland? Eoin Burke-Kennedy ponders this question as the Commission on Taxation and Welfare begins its work.

In our Opinion piece, Pat Farrell, chief executive of Irish Institutional Property, says the debate around housing provision has become irrational with solutions being put forward that make no sense.

InQ&A, a reader who became homeless and has fallen out with a sibling wonders if they can challenge their late mother's will?

Outmin, a real-time accounting solution for small and medium-sized businesses, has raised €650,000 from backers and said it has secured over 60 clients since is founding last year. Charlie Taylor has the details

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Ciarán Hancock

Ciarán Hancock

Ciarán Hancock is Business Editor of The Irish Times