Boohoo shareholders will vote today on Offaly-born CEO John Lyttle’s new £1.3m (€1.5m) bonus scheme, controversially introduced after the company’s falling share price made targets under an old scheme less likely to be met. It comes as sales at both Boohoo and rival Asos slow.
The Ireland Strategic Investment Fund (ISIF) has unveiled plans for investment programmes in five regional cities across the country.
This has been a bad year for stocks. The Iseq index of Irish shares is in a bear market, having fallen more than 20pc this year as investors react to persistent inflation, an energy shock and supply chain disruption in the global economy.
