Padraic's Feed
Mar 6, 2015

Ireland begins to fret over ‘Brexit’ as UK election nears

DUBLIN (Reuters) – Concerned Irish politicians and businesses have begun planning for the possibility of Britain exiting the European Union, a step that could have large implications for the UK’s small neighbour.

Britain’s future in the EU could hang on the May 7 election as Prime Minister David Cameron has promised to renegotiate Britain’s EU ties, then hold a referendum on membership, by the end of 2017 if his Conservative Party is re-elected.

Mar 5, 2015

Allied Irish returns to profit as government eyes stake sale

March 5 (Reuters) – Allied Irish Banks (AIB) joined
rival Bank of Ireland in returning to profit for 2014
as it clawed back money put aside for bad loans after years
spent racking up billions of euros in loss provisions.

The rescue of AIB that began in 2009 has cost Irish
taxpayers 21 billion euros, the most given to any Irish bank
still trading, and the government hopes to sell up to a 25
percent stake this year or early next.

Mar 3, 2015

Paddy Power CEO sets out stall with bumper shareholder return

DUBLIN, March 3 (Reuters) – Paddy Power will return
392 million euros ($439 million) to shareholders after the Irish
gambling company could not find any compelling acquisitions to
spend its cash on following a year of record profit growth.

The move to hand shareholders back 8 euros a share, on top
of a 13 percent increase in full-year dividends, pushed shares 8
percent higher and comes after Chief Executive Andy McCue took
over in January following Patrick Kennedy’s ten years in charge.

Mar 2, 2015

Ireland try to keep a lid on sky-high expectations

DUBLIN (Reuters) – Ireland coach Joe Schmidt said he drew on the boisterous home crowd for inspiration for the first time in a pre-match team talk before his side beat England on Sunday to take control of the Six Nations championship.

The Kiwi coach may now face an even tougher task keeping a lid on expectations following the holders’ comprehensive 19-9 victory.

Mar 2, 2015

Rugby-Ireland try to keep a lid on sky-high expectations

DUBLIN, March 2 (Reuters) – Ireland coach Joe Schmidt said he drew on the boisterous home crowd for inspiration for the first time in a pre-match team talk before his side beat England on Sunday to take control of the Six Nations championship.

The Kiwi coach may now face an even tougher task keeping a lid on expectations following the holders’ comprehensive 19-9 victory.

Mar 2, 2015

Tough talk on Greece alone won’t boost Ireland, Spain at home

DUBLIN/MADRID (Reuters) – Europe’s tough treatment of Greece’s new government has eased some immediate anti-austerity pressure in Ireland and Spain, but it may take a lot more than that to put Dublin and Madrid’s ruling parties’ re-election prospects back on track.

Elected months apart in 2011 as financial crises enveloped their own countries, the two center-right led governments’ hopes of winning a second term risk being upset by anti-austerity opponents aligned to Greece’s Syriza, among other challenges.

Mar 1, 2015

99 not out, O’Connell relishes final Irish days

DUBLIN (Reuters) – After Ireland bid a memorable farewell to Brian O’Driscoll last year, there was a sense that another emotional goodbye may be nearing on Sunday when Paul O’Connell left the pitch holding hands with his young son Paddy.

The Ireland and former British and Irish Lions captain was at his towering best as he lined up for his country for the 99th time, helping them take a major step towards retaining the Six Nations title with a 19-9 victory over England.

Mar 1, 2015

Rugby-99 not out, O’Connell relishes final Irish days

DUBLIN, March 1 (Reuters) – After Ireland bid a memorable farewell to Brian O’Driscoll last year, there was a sense that another emotional goodbye may be nearing on Sunday when Paul O’Connell left the pitch holding hands with his young son Paddy.

The Ireland and former British and Irish Lions captain was at his towering best as he lined up for his country for the 99th time, helping them take a major step towards retaining the Six Nations title with a 19-9 victory over England.

Mar 1, 2015

Six Nations still up for grabs, Ireland and England agree

DUBLIN (Reuters) – After a game billed as a potential championship decider, the Ireland and England coaches insisted that the Six Nations was still very much up for grabs after Joe Schmidt’s side prevailed on Sunday.

Ireland took a major step towards retaining the title with a pulsating 19-9 victory over Stuart Lancaster’s men to become the only side to win three games from three and get their supporters dreaming of a second grand slam in six years.

Mar 1, 2015

Rugby-Six Nations still up for grabs, Ireland and England agree

DUBLIN, March 1 (Reuters) – After a game billed as a potential championship decider, the Ireland and England coaches insisted that the Six Nations was still very much up for grabs after Joe Schmidt’s side prevailed on Sunday.

Ireland took a major step towards retaining the title with a pulsating 19-9 victory over Stuart Lancaster’s men to become the only side to win three games from three and get their supporters dreaming of a second grand slam in six years.