Penneys is to restructure management within its Irish stores in a move expected to mean some job losses among current supervisors who are being offered redundancy or the chance to apply for a new team leader role.
The new equity investment in specialist lender Finance Ireland suggests big banks won’t have it all their own way as KBC and Ulster Bank quit and has generated a healthy return for taxpayers via the Irish Strategic Investment Fund (ISIF).
IDA CEO Martin Shanahan is to leave the agency in early 2023. The planned exit was announced at the agency’s half year results on Wednesday.