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Bishops put €400,000 into Veritas but publisher still closing with loss of up to 80 jobs

The body representing Irish Catholic Bishops ploughed €400,000 into its loss-making publishing arm Veritas last year, accounts show.

Chris queenanPurposes trustVeritas communicationsVeritas communications groupIrish hierarchyVeritas chris queenanHierarchy general purposes trustVeritas communicationLatest news ticker

Irish Catholic Bishops sunk €400,000 into loss-making Veritas in 2023, ahead of recent closure

Last week, Veritas Communications announced that it would cease operations by the end of this year.

Chris queenanVeritas communications groupVeritas communicationsPurposes trustCatholic bishopsIrish hierarchyHierarchy general purposes trustVeritas communicationCatholic churchCatholic literatureOut of business

Bishops put €400,000 into last minute effort to rescue Veritas

Religious publisher which last week announced decision to close down, already owed hierarchy €625,584

Chris queenanVeritas communications groupVeritas communicationsIrish catholicHierarchy general purposes trustVeritas communication

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