Business Today: Aer Lingus cuts, rents climb and Oasis return to very different music industry

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for the Irish economy. While its importance has been diluted somewhat in recent years as more and more firms, especially from the US set up shop here with a direct line back to headquarters rather than their UK office, it remains a vital link. So it’s notable that Aer Lingus is cutting capacity on its Dublin-Heathrow route, a move which comes months after the carrier ended its service between between Dublin and London Gatwick.

Rents rose by an average of more than 7 per cent in the second quarter of 2024 compared with the same period last year, according to a report by Daft.ie. The report also showscompared with the first three months of the year. The move marks the 14th consecutive quarter in which rents nationwide have increased and the 45th time in the last 48 quarters. Eoin has the story.

Bord na Móna shareholders, including more than 1,900 current and former workers, will have to wait until 2028 to get their fullIn Your Money, Fiona Reddan looks at the decision many home owners are facing as ECB interest rates start to fall: should they Dominic Coyle meanwhile answers a question on how to sort out the tax implications on a home that has been owned for decades butits housing target to “a minimum” of 53,000 units per year, and pleaded for more gardaí to combat antisocial behaviour. Dublin Chamber, a major lobby group for businesses in the capital, published its pre-budget submission on Monday. Colin Gleeson has read the submission.

 

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