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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 […]

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 […]

Dublin moves fast to lure financial jobs from UK after Brexit vote

July 28th 2016

Irish recruiters are already filling jobs for financial services firms which are shifting some operations from the United Kingdom, with Dublin moving fast to steal a march on rivals just a month after Britons voted to leave the European Union. While France has begun courting bankers with new tax breaks for expatriates and Frankfurt, Amsterdam […]

New lending to SMEs up 38 per cent versus early 2014

July 25th 2016

New lending to small and medium-sized businesses rose by 4.8 per cent in the first quarter versus the same period a year earlier, and is up 38 per cent compared with the first three months of 2014. Central Bank statistics show the lending market for SMEs remains highly concentrated, however, with three banks accounting for […]

Enterprise Ireland on post-Brexit trade blitz

July 22nd 2016

Enterprise Ireland has beefed up the number of international trade missions for the remainder of its year in the wake of Brexit, with 26 ministerial-led trips set to take place. The full programme of events – 68 in total – includes ministerial-led trade missions, inward buyer visits, market study visits, international trade fairs, embassy events […]

Minimum wage rise will add to pressures on retail sector

July 20th 2016

Retail Ireland yesterday expressed disappointment at the recommendation by the Low Pay Commission to further increase the National Minimum Wage (NMW) following a 6% rise at the start of this year. The group claim any further increase will only increase pressure on Irish retailers at a time of great uncertainty. Retail Ireland Director, Thomas Burke says, […]

Only 51% of Irish are satisfied with their broadband speed

July 19th 2016

New research from independent price comparison and switching website, Switcher.ie, has found that only half (51%) of Irish broadband customers are satisfied with their broadband speed and two in five (42%) do not know what speed they signed up for. Research was carried out for Switcher.ie by Coyne Research, involving 1,000 online interviews with Irish […]

Increasing the minimum wage would threaten small business warns SFA

July 19th 2016

The Small Firms Association (SFA) have highlighted the danger of any increase in the National Minimum Wage ahead of the publication of the Low Pay Commission recommendations to Government this week. SFA members have identified wage inflation as the number one threat to their businesses over the coming year. This is despite the fact that many […]

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