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The Government is working on developing a new loan guarantee scheme for small firms that have been locked out of credit by the banking crisis. But just hours after Minister for Enterprise, Trade and Innovation, Batt O'Keeffe announced the Government was working on a loan guarantee scheme, one of the key players in the ongoing dispute over the availability of credit to SMEs said he does not favour a loan guarantee scheme. The Irish Independent reported that John Trethowan, who heads up the Credit Review Office, said he was "sceptical" about how effective a loan guarantee scheme would be and warned it was being portrayed as a cure for all small firms' problems when this was not the

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Vistage Ireland has invited Malcolm Smith to deliver this half-day interactive master class on expert negotiation, to take place in Newman House on St. Stephen’s Green, Dublin 2 on 29 October next. It will outline how negotiation fits into your business operations as part of a structured process, and cover the tricks, tactics and moral dilemmas of a successful negotiator. This practical and interactive session will look at all aspects of the process including preparation, the negotiation itself, tactics and tricks, along with your assertiveness and demeanour. Malcolm always presents an informative and amusing session that will inspire attendees.  This session includes:

  • The management skill box
  • Moral dilemmas
  • The decision to negotiate
  • Preparation
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With so much business commentary saturating the media at the moment it can be difficult to maintain a clear sense of perspective. It's a complex issue and there are plenty of examples of media prophecies becoming self-fulfilling. According to NCB Stockbrokers, a series of negative news articles from influential publications across the world together with "idiosyncratic" factors are driving Irish Government bond spreads higher. It noted that Ireland has received a lot of attention in the media over the last couple of weeks with stories about the country's deficit, debt and banking issues being analysed on Bloomberg, CNBC, the New York Times, the Financial Times, the Economist etc. They have built an economic model to control for these "idiosyncratic" factors. But for the rest of us we have the Cent

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A common European approach to corporation tax has reared its head at the worst possible time for Ireland, said the Cantillon column in the Irish Times. How true. While so much media concentration was focussed on the Anglo split, this far more terrifying spectre was raised by EU bureaucrats. And yet the two issues may not be entirely unrelated. On September 20 Brian Lenihan is due to meet taxation commissioner Algirdas Semeta. “On the agenda once again will be tax co-ordination and in particular introducing the common consolidated corporate tax base. While a common tax base is not the same thing as a common tax rate, it is seen by the Government as a firm step in that direction.” “For that reason we have op

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The old adage that Christmas seems to come earlier each year was proved true, writes Joe Downes at BusinessWorld. Today, Friday, September 3, Brown Thomas on Grafton St opens its Christmas store “complete with Santas, reindeer, twinkling lights and un-seasonal music at its Grafton Street store”. Cork and Limerick stores will be heralding the arrival of baubles and fake snow on Saturday. But why? Can it really be true there is customer

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