Updated: 11/09/14 : 05:14:08
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business 
Sligo hotel profit drop last year

THE SLIGO Park Hotel showed a drop in profits last year, according to figures which emerged this week.The four star hotel saw profits fall 27% from 261,095 to 190,273.The Sligo business is owned by the Lee Hotel group whose directors include the Kidney family members -- Lee, Denis and John.The Kidneys also own the 254 bedroom Mespil Hotel in Dublin, which recently filed new documents in the Companies [...]  Read More...

Updated: 11/09/14 : 08:18:16
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business 
Sean Fitzpatrick gets free legal aid

Sean FitzPatrick, former chairman of Anglo Irish Bank, has been granted legal aid for his upcoming trial.He faces charges of failing to disclose loans from another bank.Mr FitzPatrick, who was not in court and is from Whitshed Road, Greystones, Co Wicklow, is charged under Section 197 of the Companies Act 1990.He faces 12 counts of failing to disclose to auditors Ernst and Young the true value of loans worth at least [...]  Read More...

Updated: 26/08/14 : 10:28:11
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Kingspan trading profit up 24pc in H1

Cavan-based building insulation materials group, Kingspan, this morning posted trading profits that rose by 24pc to E69.2m for its half year on revenues that climbed 4pc to E889.3m.The improvement in the half year to the end of June came amid rising sales of its key products despite conditions remaining tough in the European construction sector."Kingspan has delivered strong growth in profitability, notwithstanding a tougher EU [...]  Read More...

Updated: 26/08/14 : 10:29:44
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business 
UTV Media World Cup Success

Northern Irish radio and television broadcaster UTV Media Plc reported a 13 percent rise in first-half revenue as its radio stations drew in fans for the 2014 FIFA World Cup.The company, which held radio rights to the tournament, said it expects third-quarter revenue to grow 3 percent, underpinned by improving economic conditions in the UK and Ireland.Shares of the Belfast-based company rose 0.6 percent to 211 pence in early [...]  Read More...