Business News

Web Summit adds 40 jobs – and Al Gore

4th September 2017

Paddy Cosgrave’s Web Summit is to hire 40 people in the next six months, bringing the company’s total employment to 200. The company has also announced former US vice president Al Gore and former French president Francois Hollande as headline speakers for the Lisbon-based event in November. European competition commissioner Margrethe Vestager is already confirmed […]

Read More

Countdown begins to second cyber security conference for businesses at Dublin’s RDS

4th September 2017

Ireland’s second annual cyber security conference, Dublin Information Sec 2017, will take place on Wednesday, November 1, at the RDS. It will explore cyber security trends and threats facing business in Ireland and the technologies to protect against them. It will be sponsored by Eir Business, a Cisco Gold Partner. Specialists in the industry will […]

Read More

Sterling’s slide continues as it hits 93p to a euro

30th August 2017

Sterling weakened to beyond 93 pence against the euro yesterday – the highest level since 2009 – heaping yet further pressure on businesses here selling into the UK market. The slide, however, also makes imports cheaper. The euro also crossed the $1.20 mark for the first time since the start of 2015 as investors fled […]

Read More

Enterprise Ireland launch €750,000 funding competition

30th August 2017

Enterprise Ireland will launch a €750,000 funding competition for early stage companies in manufacturing and internationally traded services. The competition will open on 13 September. This is Enterprise Ireland’s seventh competitive start fund in 2017 and is open to all sectors with a focus on agricultural, manufacturing, life sciences and renewables subsectors. Up to 15 […]

Read More

Proximity to school now a priority for a third of young housebuyers

30th August 2017

More than one-third of property buyers in the 25 to 45 age group are moving house on the grounds of securing proximity to a target school or to locate in its catchment area, it can be revealed. Agents with both of Ireland’s largest estate agency networks said that increased pressure on school places through the […]

Read More

Irish firms increasingly hopeful of Brexit upside

23rd August 2017

Almost one in four Irish companies believe that Brexit will affect them positively, up from 14pc this time last year, according to a survey by the Dublin Chamber. The survey, carried out amongst 359 companies, found that the number of firms that believe Brexit will hit them negatively fell slightly in the 12 months to […]

Read More

Pay freezes predicted despite country’s economic growth

28th March 2017

Labour costs in Ireland are rising at one of the slowest rates in the EU despite the country’s strong economic performance. Ireland is currently the fastest-growing economy in western Europe, yet the latest data from Eurostat shows that wage costs in the country rose by just 1.1pc in the last three months of last year. […]

Read More

‘Strong evidence’ Ireland aiding EU banks’ tax-avoidance schemes

28th March 2017

Ireland is one of the countries “leading the race to the bottom” in the facilitation of global tax avoidance, according to a new report from charity group Oxfam. Oxfam said there “is strong evidence” that Ireland is aiding significant corporate-tax-avoidance schemes for European banks. In a report titled ‘Opening the Vaults’, researchers at Oxfam, in […]

Read More

Irish firms in top five UK foreign business owners

28th March 2017

Irish-based companies are among the biggest foreign owners of UK firms, ahead of Japan and well ahead of rising powerhouse China. More than one-in-four of the UK’s most important businesses are foreign owned, according to figures from the UK’s Office for National Statistics (ONS). The data shows as many as 24,145 UK businesses are owned […]

Read More

Price of Dublin semi-D surging again at same rate as in boom years

27th March 2017

The price of an average semi-detached house in parts of Dublin is inflating as fast as in the boom years and the period immediately before the Central Bank introduced its lending restrictions two-and-a-half years ago. Prices in North County and South County Dublin both increased by 5.6pc in the three months since December, while Dublin […]

Read More