Britain’s economy unexpectedly eked out some modest growth in November, reducing the chance that figures will show it slipped into a technical recession in the final quarter of last year, despite a gloomy broader picture.
C&C Group expects an operating profit of between €84m and €88m for its current financial year but said the cost of living crisis had a “potential significant impact” on its outlook.
Theya Lingerie, the high-profile Irish firm that developed undergarments for post-surgery breast cancer patients, is formally being prepared for liquidation after a rescue process before Christmas failed.