Government inaction threatens recovery warns ISME

August 12th 2016

The Irish Small and Medium Enterprises Association (ISME) has today called on the Government to prioritise business cost competitiveness in the wake of the Brexit vote. The Association warned that the pressure on export prices to the UK required a coordinated response from industry and government on all business costs including those influenced by the government […]

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Irish IT sector promoted to foreign direct investment companies

August 10th 2016

The Minister for Jobs, Enterprise and Innovation, Mary Mitchell O’Connor today joined forces with leading Irish owned IT services and networking company, Arkphire, to highlight the importance of having a strong local IT sector to support the growing numbers of foreign direct investment companies, now locating in Ireland. The 2015 IDA Annual Report cited the […]

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Sugar tax will damage the Irish economy, group claims

August 08th 2016

A sugar tax of 10 cent on cans of soft drink will increase the average household’s annual grocery bill by €60, but won’t help tackle Ireland’s obesity problem, said the Irish Beverage Council (IBC). The group, which represents companies that sell sugary drinks in Ireland, has produced a report arguing sugar taxes do not achieve […]

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Irish businesses losing over 200m to banks on their foreign exchange payments

August 05th 2016

Currency exchange experts, TransferMate have today claimed that the prices banks are charging Irish SMEs on currency exchange are “over the top” and that is having the knock-on effect of hundreds of millions being taken out of the Irish economy each year. Experts at the Irish FinTech say over €75 billion in foreign currency is […]

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Irish services industry growth hits slowest rate since 2014

August 04th 2016

Growth in the Irish services industry fell to its lowest rate since February 2014 as the fallout from Brexit continues to take its toll, new research has shown. According to the Investec Purchasing Managers’ Index (PMI), a slight weakening was reported for a second successive month in new business. However, the index points out that […]

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Government must assist job creation says ISME

August 03rd 2016

The Irish Small and Medium Enterprises Association (ISME) has today called for an increased focus on the reduction of business costs to allow SMEs the capacity to employ more. This comes after the latest figures from the CSO show that the standardised unemployment rate has remained at 7.8% for the third month, with 169,100 people […]

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Irish businesses reeling and many jobs at risk warns Ibec

August 02nd 2016

Ibec have today warned that a decisive and immediate national response to the Brexit “currency shock” is currently needed. The group has warned that the brexit has left many key export businesses reeling with jobs already under threat. The warning from the country’s main business organisation comes as a new survey highlights the intense currency […]

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800 people are released from bankruptcy due to new law

July 29th 2016

Hundreds of people are set to be released from bankruptcy today. The end of bankruptcy for almost 800 people comes after changes to the law that reduced the bankruptcy period from three years to one year. That change came in at the start of year. Those being released from bankruptcy today had already been in […]

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