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The Central Bank Has Warned That Irish Firms Could Be Affected By A Weakening Of Growth In China And Other Emerging Markets

December 08th 2015

The Central Bank has warned that Irish firms and the wider economy could be affected by a weakening of growth in China, and other emerging markets. Although the Irish economy has little direct exposure to these markets, a Chinese slowdown or disruption in emerging economies – particularly due to a rise in US interest rates […]

Shops Expect €130m Hike in Christmas Shopping

December 07th 2015

A new report carried out by business body Ibec shows that key industry gauges indicate this year will be the best Christmas for shops and businesses since 2008. Irish shoppers are likely to spend €4.05bn this year, up from €3.92bn in December 2014, it expects. That is an annual rise of over 3.5pc or €130m. […]

Irish Economic Recovery Uneven Across The Country

December 07th 2015

The latest EY Economic Eye has predicted strong growth this year and next, though it warns the recovery is uneven across the island of Ireland. The report expects GDP growth of 5.8% in the Republic for 2015, and 4.3% in 2016 on the back of strong consumer spending and investment levels. However, it states some […]

Government Warned That SMEs Are Being Forced To Take A Cautious Approach To Hiring

December 04th 2015

The Irish Small and Medium Enterprises Association has welcomed the latest employment figures but has warned the government that SMEs are being forced to take a cautious approach to hiring – due to labour cost uncertainty. The association reminded government that job growth will only come when SMEs know their costs. Because of the cost […]

Research Shows The Irish Are World Leaders For International Online Shopping

December 03rd 2015

A new research carried out by PayPal indicates the Irish are world leaders for international online shopping. According to the survey, eighty six per cent of Irish internet shoppers (an estimated 1.9 million people) have made overseas purchases in the last 12 months. The average cross-border shopper spent €964 on international online purchases in the […]

Ireland’s Service Sector Grew At It Fastest Rate In 9 Years In The Month Of November

December 03rd 2015

A new survey today shows Ireland’s service sector grew at it fastest rate in nine years in the month of November, with employment, prices charged and new business all expanding strongly. The Investec Purchasing Managers’ Index of activity in services, which covers businesses for banks to hotels, climbed to 63.6 from 60.1 in October. It […]

SMEs In The Euro Zone Feel They Have Access To More Credit Than They Need For The First Time Since 2009

December 02nd 2015

According to a new survey carried out by the European Central Bank, small companies in the euro zone feel they have access to more credit than they need for the first time since 2009. Small-to-medium enterprises (SMEs) form the backbone of the euro zone’s economy and mainly rely on bank lending, which the ECB is […]

Aspiring Entrepreneurs With Innovative Business Ideas Are Invited To Apply For Accenture’s Leaders Of Tomorrow Award

December 02nd 2015

Aspiring entrepreneurs with innovative business ideas are invited to apply for Accenture’s Leaders of Tomorrow award, the winner of which will be invited on a tour of one of Accenture’s Global Innovation Centres, in locations including New York, France and India. The overall winner of the ninth annual award will also receive a place on […]

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