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Opening Bell: Deloitte plans to hire 400 people, INM reports strong figures, Greeks back Tsipras again

The consulting arm of the tax, audit and corporate financial services firm, Deloitte plans to hi...
Newstalk
Newstalk

07.51 28 Aug 2015


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Opening Bell: Deloitte plans t...

Opening Bell: Deloitte plans to hire 400 people, INM reports strong figures, Greeks back Tsipras again

Newstalk
Newstalk

07.51 28 Aug 2015


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The consulting arm of the tax, audit and corporate financial services firm, Deloitte plans to hire 400 new people over the next four years, with 100 positions to be filled immediately.

The firm says it’s actively recruiting people at all levels across their strategy and operations, technology and human capital teams while successful candidates will have the opportunity to lead and work for clients in areas such as banking and insurance, pharma, energy and the public sector.

Deloitte Consulting has also announced that the Competition and Consumer Protection Commission has approved its acquisition of the technology consulting firm, System Dynamics. 

The deal will bring the numbers employed by Deloitte Consulting to more than 570 people, prior to the planned hiring of the additional 400 recruits.

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Independent Newspapers has announced pre-tax profits for the half year to June of €15.1m, that’s up more than 13% on the same period last year. Group turnover fell marginally due to the sale of its shareholding in the Australian media group, APN.

That sale has cleared the group’s debts and reduced its interest payments. It now has cash reserves of more than €35m.

Total advertising during the six months rose by nearly 3% compared to the prior year. A more than 40% hike in digital revenues more than offset a continued marginal decline in print advertising revenues of 1.6%. 

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The first in-dept opinion poll carried out in Greece since prime minister, Alexis Tsipras announced that he would resign shows that his Syriza party is still the most popular political group in Greece.

This comes after the leftist collective accepted an austerity-heavy third bailout deal.

23% of Greeks still support the party, while the conservative New Democracy party is in second place.

Greeks will vote in the country's second general election of 2015 during September.

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Clery's liquidation could cost the taxpayer €2.5m, according to new estimates from the Department of Social Protection.

It's Social Insurance Fund will have to make statutory redundancy payments to up to 460 workers who lost their jobs when the iconic department store was closed by the Natrium consortium on June 12th.

Clery's joint-liquidators, Kieran Wallace and Eamonn Richardson of KPMG will meet creditors on Tuesday of next week to establish a creditors' Committee of Inspection.

Concession holders say that they will hope to secure three of the five positions on the committee - they are owed some €2m in cash takings which they say were held in trust by Clery's owners.

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Jameson sales are up for the 26th year in a row - but profits at its parent company, Pernod Ricard have come in below market expectations.

Irish Distilleries has reported double or triple digit growth in 53 out of the 130 markets were Jameson in sold - global sales are up by 8.5% for the year.

Irish Times reports that the chief executive of Irish Distillers has called on the government to cut excise duties - saying that this will be fairer on Irish consumers and tourists. 

A slowdown in spending on luxury goods in China meant that Pernod Ricard's half year profit figures are marginally below market expectations, at €2.24bn when investors were expecting a €2.26bn return.

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