First Citizen Finance, the Irish non-bank consumer finance firm that has been weighing up entering the mortgage market, is now unlikely to get into offering home loans, according to sources.
Chief executive Chris Hanlon said last December that the group, which focuses on car finance, agriculture and SME equipment lending, and commercial property, was in talks with overseas financial backers on potentially venturing into mortgage lending. Joe Brennan reports.
Research carried out for next week's Talent Summit conference in Dublin found that more than one third of staff at the companies surveyed have never worked in their employer's office, due to high levels of job switching during the pandemic to remote roles or positions that still being carried out from home. Mark Paul has the details.
In Agenda Eoin Burke-Kennedy warns us that we are about to experience the pandemic's legacy of rent arrears and zombie businesses.
The geopolitical crisis sparked by Russia's attack on Ukraine may dampen the prospect of a repeat of last year's €46 billion of Irish cross-border mergers and acquisition deals, according to corporate law firm Philip Lee, writes Joe Brennan.
In Caveat Mark Paul tells us that the much-caricatured American tourist is vital to this country and Killarney could well be the bellwether for the European holiday season.
Irish gym management software company Glofox is to create 150 new jobs this year to bring total staff numbers to 350 employees. The new jobs follow a period of strong growth for the company, which doubled headcount in 2021 to 200 people. Charlie Taylor reports.
John FitzGerald, in his weekly column, tells us that the shockwaves form the Ukraine will reverberate through the Irish economy for some time to come.
Olive Keogh in World of Work asks is hybrid working all it's cracked up to be? Two years on, a lot of organisations are about to find out.
This week, ICS Mortgages increased its fixed interest rates for owner-occupier loans with immediate effect. On our Inside Business podcast presenter Ciarán Hancock speaks to Joe Brennan of The Irish Times about this development and whether other lenders might follow suit. Later on, Simon Carswell joins Ciarán again, to discuss the latest headaches for Irish aircraft lessors after the Kremlin passed a law re-registering foreign-owned aircraft in Russia.
In Wild Geese, we meet Meath scientist Sara Hayden who has made a life in Norway: "You can be gone from the office by midday on Friday."
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