Markets News Friday: Ulster Bank reports £8m loss in H1 2009; Elan takes Tysabri partner to court; 10,000 Irish housing units forecast to be built in 2010
Aug 7th, 2009 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Markets news on stocks, currencies and commodities: Ulster Bank, which is owned by UK-state controlled Royal Bank of Scotland, said it will be seeking more voluntary redundancies after reporting a loss of £8m sterling in the first six months of this year. Goodbody forecasts Irish housing starts are pointing to c.10,000 completions in 2010, compared with 92,000 in 2006.