Entries by admin

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“Ireland INC: A History of Irish Business” out now

Ireland INC: A History of Irish Business is out now: the first chronology of Irish business, starting with TK Whitaker’s transformation of Irish economic policy.     A History of Irish Business is the result of nearly four years of research, interviews and writing by a range of business journalists and provides some unique interviews, […]

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Jaguar Land Rover to create 150 new jobs in Ireland

The UK automobile giant is to open a new software engineering centre in Shannon, Co. Clare, Ireland, which will create 150 new jobs. (Pictured: Dr Ralf Speth, CEO, Jaguar Land Rover) Shannon is seen as a great business link for the firm globally and the new centre will look to hone in on Jaguar Land Rover establishing […]

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Carillion takes hit after rescue plan rejected by lenders

Carillion shares fall on reports that lenders have rejected a rescue pan of the construction company. Carillion is struggling with £900 million of debt and a £590 million pension deficit. Workers’ unions are being asked to step in to attempt to save the 19,500 jobs that are held at the construction firm. Shares were down on […]

Superdry sees increase in sales but drop in profits

The clothing company has seen sales rise to double digits. However, profits did drop. The company’s shares faltered after recent currency fluctuations. Sales rose by 20% to £402 million from the 26-week period ending on the 28 October, 2017. This may be so but gross profits dropped 28% to £9.1 million. Shares at the fashion brand have […]

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Jaguar Land Rover hits record sales

The UK’s largest carmaker says it hit record sales in 2017 even with the first drop in six years in demand for new cars across Britain. According to Jaguar Land Rover (JLR), 178,601 Jaguars were sold last year, which is a rise of 20% from the year before. Land Rover sales grew 2% to 442,508. Sales have […]

Slowest UK house price growth for a half decade in 2017

The year ended 2.6% higher than it started but London was the weakest area for the first time in 13 years. In December, the average house price in the UK was £211,156, which was a 0.6% month-on-month increase, according to Nationwide Building Society. The 2.6% increase, the slowest since 2012, showed a poor comparison in […]

UK manufacturing growth remains strong for end of 2017

Britain saw the highest three-month manufacturing growth since 2014. According to the survey, the Markit/Cips UK manufacturing Purchasing Managers’ Index (PMI) of factory sentiment showed activity recorded an average rate of 57 in the three months to December. This is the strongest recording in three-and-a-half years (since June 2014). Though last month saw a dip to 56.3 […]