Aer Lingues chief says Irish wage rates no longer competitive

Aer Lingus CEO Christoph Mueller has said Ireland needs to get wage rates across the economy back to a competitive level.
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Aer Lingus CEO Christoph Mueller has said Ireland needs to get wage rates across the economy back to a competitive level.

Aer Lingus CEO Christoph Mueller has said Ireland needs to get wage rates across the economy back to a competitive level.

The Bank of England maintained its emergency support for the UK economy today by keeping interest rates at 0.5% for the 18th month in a row.

Louis Walsh’s new reality TV show - centering around the efforts of a new girl band to break into the business - is to air on UK television next month.

HONG KONG: the Hang Seng index closed up 78.4 at 21167.3.

Banking giant Goldman Sachs was fined £17.5m (€21m) by the UK’s Financial Services Authority today – the second biggest penalty ever issued by the City watchdog.

Britain should be braced for a “choppy and uneven” recovery, Deputy Prime Minister Nick Clegg warned today – as a survey predicted the north of England would fare worst under Government spending cuts.

Professional services provider Deloitte Ireland is recruiting for almost 200 positions across the firm, the company said today.

HMV today said its UK and Ireland sales slumped nearly 15% after the World Cup slowed the pipeline of new releases and the gaming market remained weak.

American banking giant Goldman Sachs was today braced for a hefty fine from the UK’s City regulator the Financial Services Authority.