Business News

Ireland out of step on green R&D targets

29th October 2019

Ireland has emerged as one of a handful of smaller European countries not to commit to double public investment in green energy R&D by next year, under an international collaboration called Mission Innovation. To date, 24 countries, including smaller European nations such as Austria and Denmark, as well as the EU itself, have signed up […]

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Ireland out of step on green R&D targets

29th October 2019

Ireland has emerged as one of a handful of smaller European countries not to commit to double public investment in green energy R&D by next year, under an international collaboration called Mission Innovation. To date, 24 countries, including smaller European nations such as Austria and Denmark, as well as the EU itself, have signed up […]

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Business sentiment rises on Brexit deal hopes but consumers remain wary

29th October 2019

A new economic survey, which combines consumer and business sentiment, rose slightly in October as the risk of a Halloween Brexit crash out receded.  A new economic survey, which combines consumer and business sentiment, rose slightly in October as the risk of a Halloween Brexit crash out receded.  The Bank of Ireland Economic Pulse stood […]

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Airport numbers set to top 38 million

29th October 2019

Passenger numbers at Dublin Airport will be 34 million next year and to rise to 38.1 million in 2024, according to a projection by the Commission for Aviation Regulation (CAR). Passenger numbers at Dublin Airport will be 34 million next year and to rise to 38.1 million in 2024, according to a projection by the […]

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Euro zone business activity stagnates as Draghi bows out

25th October 2019

Euro zone business activity stagnated in October as demand withered, according to a downbeat survey published today just hours before European Central Bank President Mario Draghi makes his swansong appearance.  The ECB last month cut its deposit rate deeper into negative territory and said it would revive its bond-buying programme indefinitely to cut borrowing costs […]

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Cutting Dublin Airport charges a ‘disaster’ for Ireland, says DAA

25th October 2019

The DAA said it was “hugely disappointed” after the Commission for Aviation Regulation (CAR) issued a final determination that sees a cut to maximum passenger charges at Dublin Airport over the next five years. But the CAR has insisted that reduced passenger charges at the gateway will still enable it to secure sufficient revenue to […]

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77% of companies planning pay hike for 2020 – Ibec

25th October 2019

77% of companies here plan to increase pay in 2020, a new survey from employers’ group Ibec shows. The survey of over 400 firms was carried out in advance of Ibec’s HR Leadership summit today.  The average increase is expected to be of the order of 2.5%, similar to last year’s survey.  22% of companies […]

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Household debt continues to decline but still fifth highest in EU

24th October 2019

New figures from the Central Bank reveal that while household debt continues to decline here, it remains the fifth highest in the EU. The Central Bank’s Household Credit Market Report for 2019 said that household debt stood at €136.9 billion, or €28,186 per person, in the first quarter of 2019. This compares with a level of […]

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Tax deadline looms for self-assessed taxpayers

24th October 2019

The tax deadline for self-assessed taxpayers is at the end of the month.  It is that time of the year for self-employed and other self-assessed taxpayers to get their affairs in order before the October 31 filing deadline.  Unlike Brexit, it is a firm deadline, unless you are filing online in which case the deadline […]

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UK to focus on goods flowing as smoothly as possible

23rd October 2019

UK officials will prioritise the flow of goods into the UK over customs payments and paperwork in the event of a no-deal Brexit.  That is according to a UK government official, who said it would be possible for hauliers and others moving goods into Britain to complete customs declarations and pay duties afterwards rather than at […]

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