Business Today: data centres defended, credit unions want lending rules eased and what champagne tells us about the economy

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The best news, analysis and comment from The Irish Times business d

Here at The Irish Times we are always keen to hear from our readers to help improve the content and services provided. Tell us your views of our business coverage, and help shape the future of our business journalism. Take our surveyin recent years as their electricity use has spiked - they now use more electricity per year than all urban homes in the State. That has led to an apparent moratorium on new data centre connections to the grid.

Its 31 remaining stores in the UK and Ireland will close before the end of the day on Tuesday and the website has also been pulled. The company employs 78 people in Ireland.of SuperValu and Centra, two of Ireland’s leading grocery retail and convenience brands. The group said Mr Hanlon has taken up the role with immediate effect following the conclusion of a “comprehensive” executive search process. Colin Gleeson reports.

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