Syndicated News

16 Mar

Coulson’s Ardagh will eye further acquisitions

An ebullient Paul Coulson has insisted that the Ardagh packaging giant he helped to create is only halfway through what he described as a “phenomenal adventure” following its New York Stock Exchange flotation yesterday that valued the group at about $5.2bn (€4.88bn) after its shares surged 18pc.

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14 Mar

Mortgage lending at seven-year high

NEW mortgage lending has exceeded the amount of money being paid off existing home loans for the first time in seven years. Lending for house purchases rose by a net €27m in the last three months of last year. It was the first net increase in mortgage lending since the end of 2009.

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13 Mar

Iceland removes last post-crash controls

Iceland’s finance ministry said yesterday that in the coming week it would lift the remaining capital controls that have been in place since the financial crisis in 2008, easing restrictions on households and businesses.

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13 Mar

Heavyweight Great West weathers lacklustre year

The great banking collapse of 2008, which still echoes resoundingly up and down the corridors of Irish business, had one small incidental spin-off. It helped Ireland introduce itself to the prudent conservatism of Canadian banking and financial services.

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