Till debt do us part

This may seem like a distasteful question to pose on a Sunday morning, particularly if you are sitting across the kitchen table from someone you love, but I’ll ask it anyway: do you think divorces are good for the housing market? Or, to put it another way, did...

Ireland needs a new tax reality

Years ago, I had the wonderful opportunity to work for Jack Welch of GE fame at close quarters. It is the sort of invaluable experience that is hard to replicate, even if, at times, his pace of work was shocking for someone 30-odd years his junior. During the period...

Economics of sin

  Did you know there is an acute cocaine shortage in England at the moment? The scarcity is made all the more acute due to the fact that the World Cup apparently drives up cocaine consumption dramatically. According to dealers, good weather and an evening match has...

Bank on booming Britain

While you may have been watching the opening game of the World Cup on Thursday night, the Bank of England Governor, Mark Carney sent sterling surging towards a five-year high with his speech at the Mansion House in London. This move in Britain could have a...

Bank investors will not be our ‘saviours’!

If you only look at one chart today to understand the story of Bank of Ireland, this is the one here. It shows the movement in the share price of Bank of Ireland since Wilbur Ross bought his stake and it contrasts this upward movement with the downward trajectory in...