PTSB’s tracker case, Quinn Insurance inquiry, and Real Madrid’s value

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

A report from KPMG says the Real Madrid is the world’s most valuable club at €3.2 billion. Photograph: PIERRE-PHILIPPE MARCOU/AFP/Getty Images
A report from KPMG says the Real Madrid is the world’s most valuable club at €3.2 billion. Photograph: PIERRE-PHILIPPE MARCOU/AFP/Getty Images

PTSB reached reached an out-of-court settlement with a customer who was part of its tracker redress scheme and who had claimed the tracker rate they were eventually offered by the bank was too high. Fiona Reddan reports.

Nine years after it placed Quinn Insurance into administration, the Central Bank of Ireland has commenced an inquiry into alleged regulatory breaches by two former directors. Joe Brennan was there for the opening salvos.

Real Madrid might have had a poor season on the pitch but the club did at least come out on top in KPMG's latest rankings of the value of the world's top football clubs. Laura Slattery has the details.

Minister for Housing Eoghan Murphy might be a fan of co-living for renters but, in her weekly column, Fiona Reddan argues that the Government should be promoting residential developments that people actually want to live in and can afford.

READ MORE

Stay up to date with all our business news: sign up to our business news alerts and our Business Today daily email news digest.

  • Join The Irish Times on WhatsApp and stay up to date

  • Sign up to the Business Today newsletter for the latest new and commentary in your inbox

  • Listen to Inside Business podcast for a look at business and economics from an Irish perspective

Ciarán Hancock

Ciarán Hancock

Ciarán Hancock is Business Editor of The Irish Times