Thousands of pensioners will get an early opportunity to unlock money in retirement funds they have been unable to access up to now. Car dealers and travel agents are expected to be the big winners after rules restricting access to a certain type of pension fund were loosened. The move comes after Revenue agreed that […]

Three European countries and the European Union are seeking exemptions from US sanctions on Iran in a sign that the bloc’s bid to hold the landmark nuclear deal together may be in trouble. Ireland could potentially benefit, if it means banks and businesses here can do business in Iran despite a US trade embargo. “As […]

The founder of a Kerry-based tech firm is relocating to Boston – with his family – in a bid to expand the company’s US customer base. John ‘Ogie’ Sheehy founded ViClarity in 2008, a period of instability where a tool to help manage new regulatory and governance policies was an innovative, and attractive, product. With […]

Retail chain House of Fraser is to shut over half of its stores impacting around 6,000 jobs. The closures are part of a proposed Company Voluntary Arrangement (CVA), which will require approval from creditors who will make their decision on June 22. Currently, the troubled group operates 59 leased stores across the UK and Ireland, […]

Irish consumers are planning to spend more but they remain cautious. The move to loosen household purse-strings comes as consumer sentiment rose in May despite uncertainty about the general economic outlook, including the evolving political crisis in Italy. The KBC Bank Ireland/ESRI consumer sentiment index increased to 106.7 in May from 104 in April, reversing […]