'Final nail in the coffin for businesses': Revenue claw back of wage subsidy funding raised with Taoiseach
Those that fell short of their 25% loss estimation are being asked by Revenue to repay the wage subsidy.
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Those that fell short of their 25% loss estimation are being asked by Revenue to repay the wage subsidy.
The executive vice-chairman revealed that an estimated £20m is due back to broadcasters.
The estimate was set out in a letter from chief executive Richard Masters.
An email has been circulated to all clubs saying the departed members have requested an “emergency general meeting.”
Around 200 people are employed at the location at Southgate just off the M1.
The company, which has never turned a profit, is trying out 280-character tweets in a bid to increase its engagement with users.
Snap disappointed analysts with reported revenue of $149.6 (€138) million in the three months ending in March.
Online gambling is the biggest source of the losses.
UTV Ireland currently employs 61 permanent staff.
Over 1,400 staff are directly employed while 500 concession staff and 300 cosmetics staff also work in the company’s 11 stores.
The hotel is in the High Court seeking an indemnity from its insurer on the back of the shootings in February.
Finnish developers Rovio are pinning their hopes on the birds’ movie debut, due next year.
New CEO Steve Easterbrook faces an uphill challenge to recast as a ‘modern, progressive burger company’
It may have been a record year for the agency, but many investments seem not to have gone to plan.
The company blamed increased losses on administration expenses.
This poll shows a significant drop in support for the coalition parties in comparison to the 2009 election.
The company lost €916 million during its fiscal year to March, and expects to lose €356 million net loss over the next twelve months.
The bank says that it thinks it will return to profitability by next year.
Bank of Ireland has released its results for 2013. Richie Boucher says the institution made “further substantial progress” last year.
Pre-tax losses for the bank have fallen from €587 million in the first half of 2012 to €131 million in the first six months of this year.
Senior Bank of Cyprus official Mario Skandalis confirmed the figures, although he said they had not been finalised and a final announcement was expected by Monday.
Royal Bank of Scotland, which is majority owned by the British government, took a £5 billion charge for loan impairments last year.
Staff are to hold a meeting to discuss the possibility of industrial action after being informed of the cuts.
The company has said that it is to cut overtime, shift, premium and rota payments after trade unions rejected the offer, it said today.
Bank CEO says H1 2012 has been a difficult environment to operate in, given ongoing eurozone difficulties and challenges to the Irish economy.
Ina Drew had been with JP Morgan for more than 30 years.
There has been some alarm and many questions as to how America’s biggest bank lost so much money.
The airline is to cease flights between the former Knock Airport and Birmingham from June.
The bank warned of a “significant deterioration” in the number of borrowers in arrears.
The bank’s annual financial report has been released this morning, revealing a growing number of bad mortgage debts.
The banking group was forced to set aside £3.2 billion to cover compensation claims after mis-selling insurance products to customers in 2011.
Earthquakes in Japan and New Zealand contributed to almost €300billion in overall economic losses from natural disasters.
Former trader Nick Leeson speaks to those working at the heart of financial markets and finds that uncertainty and confusion is thwarting a move forward.
An improvement on last year, when interim losses were €8.2 billion, the worst in Irish corporate history.
It looks like gold’s bull run could be at an end with the yellow metal plunging in Wednesday’s trading.
Richie Boucher says his bank can’t keep absorbing ECB hikes – and that it’ll have to pass on any future increases.
Global markets seem to have calmed somewhat this morning as investors take US Fed statement on board.
So far in 2011, Ireland’s only domestic lender outside State control has almost halved its pre-tax losses.
The infamous ‘rogue trader’ has come face to face with his former boss for the first time since the bank’s crash in 1995.
The losses are mainly as a result of the mis-selling of payment protection insurance in the UK but its exposure to the Irish property market hasn’t helped either