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ESB profits soar to €390m in first six months amid surging prices

ESB profits soar to €390m in first six months amid surging prices

Group records revenue of almost €3.7bn, up from almost €2.2bn in same period in 2021

Fri Sept 16 2022 - 08:30
Consumer spending rises even as number of transactions drops, AIB says

Consumer spending rises even as number of transactions drops, AIB says

Consumers spent more than €87m a day throughout the month, which was up 0.8% compared with July

Fri Sept 16 2022 - 07:29
Almost a dozen GP practices got more than €1m from medical card scheme

Almost a dozen GP practices got more than €1m from medical card scheme

The Irish Medical Organisation said the fees were published in a ‘misleading’ manner and that GP costs are substantial

Thu Sept 15 2022 - 20:31
Enet to invest more than €50m in fibre networks across Ireland

Enet to invest more than €50m in fibre networks across Ireland

Project involves laying 45km of fibre along the north and west of Dublin city, connecting all major business parks

Wed Sept 14 2022 - 05:18
Farming costs continue to surge with knock-on effects for food prices

Farming costs continue to surge with knock-on effects for food prices

Input price increases can be seen in fertiliser prices – key for food production – which were up 133.8%

Tue Sept 13 2022 - 14:34
Car traffic volumes in Dublin remain below pre-pandemic levels

Car traffic volumes in Dublin remain below pre-pandemic levels

There were 13 fatalities on Irish roads in August 2022 compared with 22 in the same month in 2021

Tue Sept 13 2022 - 14:07
Housing market ‘returning to normal’ following pandemic, Davy says

Housing market ‘returning to normal’ following pandemic, Davy says

New sales listings on property website MyHome.ie up 21% on pre-pandemic levels during the third quarter

Tue Sept 13 2022 - 10:08
Employers to slow job creation to a crawl as inflation bites

Employers to slow job creation to a crawl as inflation bites

Technology, IT, telecom and media sector recording sharpest fall in net employment outlook at 17%

Tue Sept 13 2022 - 00:01
Business optimism in farming and agriculture sector hits five-year low

Business optimism in farming and agriculture sector hits five-year low

War in Ukraine, spiralling inflation, and Brexit cited as reasons for 23 percentage point drop in outlook

Tue Sept 13 2022 - 00:01
NTMA looks to raise €750m through sale of treasury bills

NTMA looks to raise €750m through sale of treasury bills

Agency has raised €7bn on behalf of the State so far this year, a decline of up to 46% on the last year

Mon Sept 12 2022 - 15:51
Greencoat Renewables trebles profit in first six months of year

Greencoat Renewables trebles profit in first six months of year

Group said it expects energy prices to return to pre-pandemic levels in one to two years

Mon Sept 12 2022 - 07:41
Housebuilding surges, hospitality on the brink, and the business headshot

Housebuilding surges, hospitality on the brink, and the business headshot

Business Today: the best news, analysis and comment from The Irish Times business desk

Mon Sept 12 2022 - 07:20
Engineering industry says it faces ‘war on talent’ challenge ahead of budget

Engineering industry says it faces ‘war on talent’ challenge ahead of budget

Sector has published a pre-budget submission in which it calls for measures to help maintain its competitiveness

Fri Sept 09 2022 - 13:38
A quarter of Ulster Bank and KBC accounts closed ahead of exit

A quarter of Ulster Bank and KBC accounts closed ahead of exit

KBC Bank Ireland to close its hub network in six months’ time ahead of withdrawal from Irish market

Fri Sept 09 2022 - 13:03
Great Western Mining discovers gold, silver and copper in Nevada

Great Western Mining discovers gold, silver and copper in Nevada

Area known as Mineral Jackpot described as a highly prospective area which has been virtually impossible to drill until now

Fri Sept 09 2022 - 07:18
Revenue seizes cigarettes worth €1.4m at Dublin Port

Revenue seizes cigarettes worth €1.4m at Dublin Port

Seizure was the result of routine profiling and was carried out with the assistance of a detector dog named Waffle

Thu Sept 08 2022 - 18:13
State aims to train more wind turbine technicians as energy prices rise

State aims to train more wind turbine technicians as energy prices rise

Skillnet programme is for people with electrical, mechanical or engineering backgrounds

Tue Sept 06 2022 - 15:23
Clearances of petrol, diesel and gas down as consumers cut back

Clearances of petrol, diesel and gas down as consumers cut back

Clearances of kerosene, mainly used as heating fuel, in July were 1% lower than in July 2021

Tue Sept 06 2022 - 12:09
Botswana Diamonds receives prospecting licence in South Africa

Botswana Diamonds receives prospecting licence in South Africa

Licence covers ground containing the Reivilo cluster of kimberlites in the Barkley West

Mon Sept 05 2022 - 14:07
More than half of small businesses were asked to pay more rent this year

More than half of small businesses were asked to pay more rent this year

Small Firms Association has published a report on the cost of doing business, which looks at challenges facing small companies

Mon Sept 05 2022 - 10:18
Growth slows again in services sector as businesses lose momentum

Growth slows again in services sector as businesses lose momentum

The 12-month outlook also moderated, reflecting concerns over high inflation and a potential recession

Mon Sept 05 2022 - 10:05
Surface flooding, thunder and lightning forecast as orange level warning issued for 15 counties

Surface flooding, thunder and lightning forecast as orange level warning issued for 15 counties

Warning is for between 4am and 8am on Sunday with 50mm of local intense rainfall and squalls likely

Sat Sept 03 2022 - 19:48
Appeals issued as four men die following separate road incidents

Appeals issued as four men die following separate road incidents

Cyclist, pedestrian, and drivers in counties Wexford, Waterford and Tyrone killed in road incidents

Sat Sept 03 2022 - 15:56
Micheál Martin speaks about the ‘terrible, terrible trauma’ of losing two children

Micheál Martin speaks about the ‘terrible, terrible trauma’ of losing two children

Taoiseach, whose son died as a baby and whose daughter died aged eight, says he still talks to them at their gravesides

Sat Sept 03 2022 - 06:00
EY Entrepreneur of the Year profiles

EY Entrepreneur of the Year profiles

We profile the remaining four finalists chosen in the established category for this year’s EY Entrepreneur of the Year awards

Sat Sept 03 2022 - 00:01
Irish beef to go on sale in premium Japanese retailer for first time

Irish beef to go on sale in premium Japanese retailer for first time

Move follows an agreement between high-end department store Isetan and Longford-based beef specialist John Stone

Fri Sept 02 2022 - 14:39
Shamrock Rovers back in profit after football fans return to Irish stadiums

Shamrock Rovers back in profit after football fans return to Irish stadiums

Tallaght-based club is in line for exponential growth after it qualified for the group stages of European competition this season

Fri Sept 02 2022 - 14:17
Datalex revenue hit by continued Covid disruption to air travel in China

Datalex revenue hit by continued Covid disruption to air travel in China

Group signs contract to provide its technology to budget airline EasyJet

Fri Sept 02 2022 - 12:55
Mandate calls for energy price controls and a minimum wage of €14 per hour in Budget 2023

Mandate calls for energy price controls and a minimum wage of €14 per hour in Budget 2023

Trade union representing almost 30,000 workers in the retail, bar and administrative sectors seeks 50% cut in childcare fees

Fri Sept 02 2022 - 12:28
Number on Live Register climbs 1.5% as more Ukrainians are added

Number on Live Register climbs 1.5% as more Ukrainians are added

Index is not a measure of unemployment, but it does broadly track movements in the labour market

Fri Sept 02 2022 - 12:01
Ryanair breaks record for passenger numbers for second month running

Ryanair breaks record for passenger numbers for second month running

Irish carrier flew 16.9 million passengers in August as the world’s travel and tourism industry continued its recovery from Covid

Fri Sept 02 2022 - 07:32
Kildare residents stage protests over housing for Ukraine refugees

Kildare residents stage protests over housing for Ukraine refugees

Minister to meet with local residents in Kildare over their concerns about modular homes in the area for Ukrainian refugees

Thu Sept 01 2022 - 15:24
Covid-19 booster vaccines offered to healthcare staff and those with health conditions

Covid-19 booster vaccines offered to healthcare staff and those with health conditions

HSE chief clinical officer Dr Colm Henry says appointments are available from Thursday

Thu Sept 01 2022 - 00:01
Kildare residents stage protests over housing for Ukraine refugees

Kildare residents stage protests over housing for Ukraine refugees

Locals express concerns about lack of services for refugees

Wed Aug 31 2022 - 22:23
HSE to meet victims of CervicalCheck scandal critical of ‘disingenuous’ literature

HSE to meet victims of CervicalCheck scandal critical of ‘disingenuous’ literature

Support group accuses National Screening Service of attempting to ‘rewrite history’ in guide issued to the media

Wed Aug 31 2022 - 20:35
World stocks tumble amid concerns about interest rate hikes

World stocks tumble amid concerns about interest rate hikes

Euronext Dublin finished the day down marginally but outperformed some of its international peers as the banks lifted the index

Tue Aug 30 2022 - 18:37
Activ8 Solar Energies and SSE Airtricity announce 200 new jobs

Activ8 Solar Energies and SSE Airtricity announce 200 new jobs

Roles will include administrative positions, along with jobs in the areas of design, engineering, plumbing and roofing

Tue Aug 30 2022 - 15:02
Tourists flocking back to Ireland but numbers still below pre-pandemic levels

Tourists flocking back to Ireland but numbers still below pre-pandemic levels

More than 1,965,400 passengers arrived into the country during July, CSO data shows

Tue Aug 30 2022 - 14:28
Earnings growth lags inflation almost fourfold, data show

Earnings growth lags inflation almost fourfold, data show

Average weekly earnings up 2.4% in the second quarter, with largest increase in the information and communication sector

Tue Aug 30 2022 - 13:43
Permission granted for 569 homes in new Dublin suburb

Permission granted for 569 homes in new Dublin suburb

Clonburris to be fourth location in Dublin where Cairn Homes will deliver new homes within strategic development zones

Mon Aug 29 2022 - 14:18
State seeking to raise €1.25bn through sale of two bonds

State seeking to raise €1.25bn through sale of two bonds

National Treasury Management Agency said an auction will take place on Thursday morning to sell the treasury bonds

Mon Aug 29 2022 - 11:50
Volume of retail sales down 8% in the year despite lifting of Covid restrictions

Volume of retail sales down 8% in the year despite lifting of Covid restrictions

July data from Central Statistics Office show volume of retail sales fell by 8.1% in the year despite lifting of restrictions

Mon Aug 29 2022 - 11:25
Payments group Sumup blamed as football fans party for free at Aviva Stadium

Payments group Sumup blamed as football fans party for free at Aviva Stadium

Stadium’s catering partner Levy UK & Ireland later blamed the issue on its payment provider Sumup

Mon Aug 29 2022 - 07:40
Consumers warned to expect further energy price hikes in coming weeks

Consumers warned to expect further energy price hikes in coming weeks

Department of Finance and Revenue Commissioners examining Green Party proposal for windfall tax on energy companies

Sat Aug 27 2022 - 05:00
Permission sought for new hotel at Swan Shopping Centre in Rathmines

Permission sought for new hotel at Swan Shopping Centre in Rathmines

The Anderson family, which owns the centre, has lodged a planning application with Dublin City Council for an 111-bedroom facility

Sat Aug 27 2022 - 05:00
Meet our four EY Entrepreneur of the Year finalists in the Established category

Meet our four EY Entrepreneur of the Year finalists in the Established category

We profile four finalists chosen in the established category for this year’s EY Entrepreneur of the Year awards

Sat Aug 27 2022 - 04:10
Energy price hikes: SSE Airtricity raises electricity prices by 35.4% and gas by 39%

Energy price hikes: SSE Airtricity raises electricity prices by 35.4% and gas by 39%

Increase will add almost €600 a year to the average customer’s electricity bill and over €500 a year to their gas bill

Fri Aug 26 2022 - 18:55
‘Horrifying’ energy price hikes will mean cold homes this winter, say support groups

‘Horrifying’ energy price hikes will mean cold homes this winter, say support groups

Charities call for an end to universal supports and say there must be targeted action for the poorest

Fri Aug 26 2022 - 18:49
Solicitor arrested on suspicion of theft and false accounting

Solicitor arrested on suspicion of theft and false accounting

Separately, a 27-year-old man was arrested as part of an investigation into fraud and money laundering

Thu Aug 25 2022 - 21:09
Energy costs blamed as commercial vacancy rates hit highest level in a decade

Energy costs blamed as commercial vacancy rates hit highest level in a decade

GeoView Commercial Vacancy Report, prepared by EY, found rates rose in 15 out of 26 counties

Thu Aug 25 2022 - 05:00
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