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Anglo Irish Bank
Anglo Irish Bank was an Irish bank headquartered in Dublin from 1964 to 2011. It began to wind down after nationalisation in 2009. In July 2011 Anglo Irish merged with the Irish Nationwide Building Society, forming a new company named the Irish Bank Resolution Corporation. Michael Noonan, the Minister for Finance stated that the name change was important in order to remove "the negative
BankingBanknotes of Northern Ireland
Banknotes have been issued for use specifically in Northern Ireland since 1929, and are denominated in pounds sterling. They are legal currencies, but not legal tender anywhere in the United Kingdom. However, the banknotes are still widely accepted as currency by larger merchants and institutions elsewhere in the United Kingdom. Issuing banks have been granted legal rights to issue curre
BankingBanknotes of the pound sterling
The pound sterling (symbol: £; ISO 4217 currency code: GBP) is the official currency of the United Kingdom, Jersey, Guernsey, the Isle of Man, British Antarctic Territory, South Georgia and the South Sandwich Islands, and Tristan da Cunha. Various banknotes are used within the United Kingdom. The Bank of England has a legal monopoly of banknote issuance in England and Wales, but not in S
Trading basicsBig Bang (financial markets)
The phrase Big Bang, used in reference to the sudden deregulation of financial markets, was coined to describe measures, including abolition of fixed commission charges and of the distinction between stockjobbers and stockbrokers on the London Stock Exchange and change from open outcry to screen-based electronic trading, effected by UK Prime Minister Margaret Thatcher in 1986.
Trading basicsCeltic Tiger
The "Celtic Tiger" (Irish: An Tíogar Ceilteach) is a term referring to the economy of Ireland from the mid-1990s to the end of the first decade of the 21st century, a period of rapid real economic growth fuelled by foreign direct investment. The boom was dampened by a subsequent property bubble in 2007 which brought forth a severe economic downturn culminating in 2008's Great Recession.
FinanceCentral Bank of Ireland
The Central Bank of Ireland (Irish: Banc Ceannais na hÉireann) is the national central bank for Ireland within the Eurosystem. From 1943 to 1998, it was the monetary authority responsible for issuing and controlling the Irish pound. It is also the country's primary financial supervisory authority.
BankingGuinness family
The Guinness family is an Anglo-Irish noble family known for its achievements in brewing, banking, politics, and Protestant ministry. The brewing branch is particularly well known among the general public for producing the dry stout beer Guinness, as founded by Arthur Guinness in 1759. An Anglo-Irish Protestant family, beginning in the late 18th century, they became a part of what is kno
BankingIrish pound
The pound (Irish: punt) was the currency of Ireland until 2002. Its ISO 4217 code was IEP, and the symbol was £ (or IR£ for distinction). The Irish pound was replaced by the euro on 1 January 1999. Euro currency did not start circulating until the beginning of 2002.
FinanceMinister for Finance (Ireland)
The minister for finance (Irish: An tAire Airgeadais) is a senior minister in the Government of Ireland. The minister for finance leads the Department of Finance and is responsible for all financial and monetary matters of the state; and is considered the second most important member of the Government of Ireland, after the Taoiseach.
FinanceTaxation in the Republic of Ireland
Taxation in Ireland in 2017 came from personal income taxes (40% of Exchequer Tax Revenues, or ETR), and consumption taxes, being VAT (27% of ETR) and excise and customs duties (12% of ETR). Corporation taxes (16% of ETR) represents most of the balance (to 95% of ETR), but Ireland's Corporate Tax System (CT) is a central part of Ireland's economic model. Ireland summarises its taxation