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A blooming great success

Sean Gallagher meets owners of small and medium-sized businesses and shares the lessons they’ve learnt in building their companies   Located near the village of Caragh in Co Kildare, Caragh Nurseries is run by husband and wife team Ian and Jo McGarry. Set up in 2004 and spanning 55 acres, …

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UK rate rise less likely after surprise inflation fall

  Inflation in the United Kingdom unexpectedly cooled to a one-year low in March, according to figures that raise some doubts over bets the Bank of England will raise interest rates in May. Sterling tumbled below $1.42 and British government bond prices shot, easing up after official data yesterday showed …

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Costa Coffee vows ‘cup recycling revolution’

The UK’s biggest coffee chain Costa Coffee has said it will recycle as many disposable cups as it sells by 2020 in a “cup recycling revolution”. Under the scheme, 500 million coffee cups a year would be recycled, including some sold by rivals, it said. It will encourage waste collection …

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BlueBay backers row into DunPort fund

  ESB’s pension scheme is understood to have backed DunPort Capital Management’s new €283m fund as the alternative lender attempts to capitalise on an ongoing credit crunch afflicting SMEs. The Dublin-based firm yesterday announced a first close on its inaugural Elm Corporate Credit vehicle, which intends to target businesses with …

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China imposes anti-dumping deposits on US sorghum

China has announced a hefty anti-dumping move against US sorghum imports, as a multi-billion dollar tit-for-tat trade spat between the two nations continues. China said US importers would have to pay a temporary 178.6% deposit on the value of their imports from Wednesday. China initiated its investigation into US sorghum …

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China’s first quarter growth beats expectations at 6.8%

  China’s economy grew at an annual pace of 6.8% in the first quarter compared to the same period last year, according to official data, beating forecasts for the period. The growth figures for January to March were also above Beijing’s 2018 annual growth target of “around 6.5%”. The data shows …

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