Syndicated News

Despite the slow start to the Dublin investment market this year, CBRE has raised its outlook for prime investment property values. At the beginning of the year its director Marie Hunt had been forecasting that prime yields were expected to remain stable this year.

AIB has announced pre-tax profits of €1.7bn for the year end 2016 as it proposes a dividend of €250m to ordinary shareholders.

The number of people approved for a mortgage shot up last month as new rules on lending and the Government’s help-to-buy scheme kicked in.

The country’s biggest hotel group, Dalata, is considering paying a dividend for the first time since it listed three years ago, as a period of rapid expansion draws to a close.

Arguments about the potential €60bn bill that the UK may owe the EU as it prepares to quit the Union could eat into the time left for the UK to strike a new trade deal, a leading economist has warned.UK economist Ruth Gregory at Capital Economics in London said the dispute over the outstanding bill

Banks are losing millions of euro as more people are choosing to go bankrupt, it has emerged.

Dalata has reported pre-tax profits of €44.1m for the year ended 31 December 2016 – up 55pc for the same period the previous year.

BANK of Ireland lent more than £1bn to businesses in the North last year – up by a third. The bank said the growth took place across small, medium and large businesses.

Online financial services and lending companies are increasingly being targeted by fraudsters and costing consumers millions of pounds around the world last year alone, according to research.

Cork-based financial services firm Global Shares aims to be in a position in 2020 where it could stage an initial public offering (IPO) on either the London Stock Exchange or the Nasdaq. The firm is expected to be valued at about €100m by then and making pre-tax profits of $16m (€15.1m)