SVB Financial Group Chief Executive Officer Greg Becker held a conference call on Thursday advising clients of SVB-owned Silicon Valley Bank to “stay calm” amid concern about the bank’s financial position, according to a person familiar with the matter.
Hotels and guesthouses paid an estimated €203m in Vat last year on accommodation services even as they enjoyed a special 9pc rate that was introduced as a result of the Covid pandemic, according to figures released by Finance Minister Michael McGrath.
Spar and Eurospar plans to open 60 new outlets over the next three years and will invest €65m across its retail network in Ireland.