WHAT will all the Sir Humphrey civil servant types at Britain’s Department of Business, Innovation and Skills make of it? Disgraced former banker Sean Fitzpatrick is effectively a co-owner of the huge office block where they work in London. A statement of affairs at his bankruptcy hearing earlier this week … Continue reading
Category Archives: News
Casting Light On Another O’Leary Empire
Published on Sunday 4 April 2010. By John Reynolds The high-flying Ryanair boss keeps quiet about his other financial interest — commercial property. We uncover the details of his vast portfolio RYANAIR chief Michael O’Leary is seeking to rent out an office block he owns in the City of London, … Continue reading
Update and work in progress
I haven’t updated this site for some time, partly due to a slow start of the year, and partly due to a couple of technical issues I had with this and with WordPress. I’m still writing the Eco:nomics page in Irish Times Innovation business magazine, and I should have an … Continue reading
ESB pumps cash into electric sports car
Published on 30 November, 2008. By John Reynolds The ESB is backing an electric sports car, along with the founders of Google and the president of eBay. As the petrolheads of BBC show Top Gear revved up the first stage of their world tour at the RDS in Dublin this … Continue reading
Tullow plans to bury CO2
Published on September 21, 2008. By John Reynolds Tullow Oil may spend up to €250m on innovative carbon capture technology, as part of a venture that could eventually be floated off as a separate company. Carbon capture and sequestration, known as CCS, involves piping CO2 from coal-burning power stations into … Continue reading
Anglo did not fund Sunderland’s transfer spree
Published on 17 August, 2008. By John Reynolds ANGLO Irish Bank did not fund Sunderland Football Club’s summer transfer splurge, it has been confirmed. Sunderland is thought to have spent close to €15m buying El-Hadj Diouf, Steed Malbranque, Teemu Tainio and Pascal Chimbonda this summer. Anglo was a key player … Continue reading
Food crisis plan on the menu
Published on 27 July, 2008. By John Reynolds FOOD Minister Trevor Sargent is to spearhead a wide-ranging review of farming policy and food security later this year amid increasing fears that an oil shock or hauliers’ strike could hit food supplies and deliveries to supermarkets. The plans emerge as an investigation … Continue reading
Wind Energy Gets Backing of Ryanair Boss
Published on Sunday July 06 2008. By John Reynolds IT’LL have Ireland’s eco-warriors choking on their muesli — but Michael O’Leary has developed a green streak. Flying in the face of a public image that has seen the Ryanair chief executive wage a wars of words on environmental matters, he … Continue reading
Green tax from Brussels to hike Ryanair fares
Published on 8th June, 2008. By John Reynolds Airline faces €250m bill for emissions scheme Fifty million passengers face the prospect of a new “green” surcharge if Ryanair is forced to enter the emissions trading scheme proposed by Europe. Speaking to the Sunday Independent, Ryanair chief Michael O’Leary admitted that … Continue reading
Minister calls for increase in biofuel production
Published on Sunday June 1st 2008. By John Reynolds ENERGY minister Eamon Ryan has called for a boost in Irish biofuel production as a Sunday Independent investigation reveals that several firms, including One51, are receiving millions in subsidies to import foreign biofuels. The finding comes as international controversy continues over … Continue reading