Ryanair chief executive Michael O’Leary came out with a comment this week that seemed so counter-intuitive that it was hard to believe. Yet, a closer look at his track record, and the challenges that an international inflation-driven downturn provide for other sectors, suggests he could be right.
Irish banks are set to make a €1bn killing on deposit and lending spreads as the European Central Bank cranks up interest rate increases far beyond early expectations.
Dublin company Principal Construction has petitioned the High Court to wind up a firm owned by businessman Mervyn Smith, who sold his FirstCare nursing home business to French firm Orpea last year for more than €100m.
