Weekly Digest: Ireland’s Labour Court to formally intervene in Aer Lingus dispute; Bumper profits at Revolut

Catch up on the big business stories you may have missed this week

Top stories this morning:

Ireland’s Labour Court to formally intervene in Aer Lingus dispute with pilots

Pilots have been asked not to escalate industrial action as the Labour Court is set to hold a formal hearing on Wednesday in another bid to resolve a bitter dispute over pay.

Revolut reports 95pc growth in revenue, bumper profits

Revolut reported a 95pc growth in revenue last year, while profits soared at the digital bank. Revenue for the year rose to ￡1.8bn (€2.1bn). Revolut attributed this growth to a “strong performance” across its transactional revenue streams.

Ex-business artner of Irish rugby ace Brendan Mullin is set to avoid bankruptcy?

A former business partner of ex-Ireland rugby international Brendan Mullin looks set to avoid bankruptcy after the High Court heard a settlement was close to being reached in his case.?

#CATCHUP

AIB cuts key mortgage rate again, saving customers €500 a year as competition in market heats up?

AIB is to cut one of its key fixed rates as the mortgage price war intensifies. The bank is reducing its four-year fixed rate by 0.25 percentage points, months after it previously announced reductions.?

RTé to publish pay of executives and cut 400 jobs as part of new five-year strategy in bid to secure €20m bailout?

RTé is promising to publish all the salaries of its senior management team – backdated to last year. But the publication of other salaries in Montrose of over €200,000 is not guaranteed. The move is part of a package of changes that will free up another €20m in a government bailout for the national broadcaster.?

Life at the Institute of Education – Students choose their teachers, and decide what time to start at the school of flexibility? ?

It has evolved into a full-time school for the senior cycle, and it’s more in demand than ever, says principal Yvonne O’Toole.?

New twist in battle for control of key south Dublin funeral-home market? ?

The battle between the two family-owned main players in the lucrative funeral market in the south Dublin suburb of Goatstown has taken a fresh twist.?

Ex-Dublin Port boss Eamonn O’Reilly paid €415,000 bonuses?

The Dublin Port Company last year paid out €415,000 in unpaid bonuses to former long-serving ceo Eamonn O’Reilly as part of a High Court settlement.?

Readers’ questions: ‘Revolut keeps asking me for my PPS number. Can I refuse to provide it?’?

Reader Maureen, from Offaly, seeks advice on how to handle emails and messages that appear to be from Revolut asking for her PPS number. How can she determine if the messages are genuine and, if they are, can she refuse to provide her PPSN to Revolut??

#personalfinance

The Big Tech Show: Brain hacking and tracking – the future of wearable neurotechnology?

Is brain hacking and tracking just science-fiction? Or has emotion-sensing neurotech already arrived? And what are the applications, good and bad? On The Big Tech Show, Adrian is joined by Duke University Professor and Author of ‘The Battle for Your Brain: Defending the Right to Think Freely in the Age of Neurotechnology,’ Nita Farahany.?

#podcast

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