The Minister for Finance, Paschal Donohoe TD, has announced plans to sell around 5pc of AIB by way of a so called placing to institutional investors – effectively inviting buyers to bid for a share of the available stock.
Grocery price inflation in Ireland reached 6.5pc, its highest level since February 2013, according to the latest figures from research group Kantar.
The first hints that consumer belt-tightening is passing through to corporate earnings are coming in, posing a bigger risk to US equities than stock-selling by American households, according to Goldman Sachs Group.
