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Monthly Archives: January 2015

Aer Lingus to be sold for €1.4bn

The board of Aer Lingus accepted an offer of €1.4bn for the airline yesterday. The likely buyer is IAG, the owner of British Airways, but will be subject to approval of the shareholders and the regulators. IAG is headed by former Aer Lingus boss Willie Walsh and is a significant addition to the airline giant.

Aer Lingus said it was accepting a higher offer of €2.55 per share including a cash dividend following a number of attempts by IAG to buy Aer Lingus. This is the third offer by IAG, up from €2.40 earlier this month. Major shareholders in the firm include Ryanair (30%) and the Irish Government (25%), and both have a power of veto.

Senior executives at Aer Lingus are to set to earn about €30m from their bonus share scheme from the sale.

Are you a window cleaner? Compare Insurance today!

Paddy Compare has been offering public liability insurance for some time, with a number of established brokers providing competitive quotes for your business. Window cleaning often interfaces with the general public; whether you’re cleaning windows for shop owners or for domestic customers, you may need to window cleaning insurance.

So if you’re a window cleaner and would like to get a great deal on your liability insurance, try Paddy Compare today, for all your Irish comparison needs!

Builder Insurance from Paddy Compare

Builders can be involved in many projects, be self-employed, work for construction firms, be a sub contractor or run their own business, therefore each builders insurance policy can be very different.

Paddy Compare has recently launched it’s builder insurance service, to help you get the cheapest quotes on builders liability insurance. We are working with some fantastic brokers across Ireland, so try us today and see how much you can save!

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Taxi compliance checks Dec 14 – Paddy Compare news!

Taxi compliance officers conducted over 1500 formal checks of small PSVs in December 2014. The checks revealed 1 unlicensed driver operating in Dublin, 76 Fixed Penalty Notices were handed out to drivers mainly who were standing illegally or who were not the named owner of the vehicle. 113 complaints were lodged against taxi drivers and 5 individuals were convicted during the month. For more information on taxi compliance and how to pay fines see the National Transport Authority website.

At Paddy Compare we support taxi drivers across Ireland by providing you with a quick and easy to use, taxi insurance comparison service. By simply completing our online taxi insurance quote form, you can get tailored taxi quotes that suit you and your vehicle. So give it a go, drive safe and save money today.

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