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Interest rate hikes hit low-income households and tracker holders hardest, new figures show

Interest rate hikes hit low-income households and tracker holders hardest, new figures show

Households on lower incomes are now spending an average of 40.8 per cent of their earnings on mortgage repayments

Tue Dec 12 2023 - 13:13
Irishman develops autonomous tractor to ‘revolutionise’ small scale farming

Irishman develops autonomous tractor to ‘revolutionise’ small scale farming

Roscommon man David Doran says that his AI powered tractor is an affordable solution for farms of all sizes to embrace innovation

Mon Dec 11 2023 - 05:00
Sharp decline in construction activity in November

Sharp decline in construction activity in November

Biggest contraction in activity last month was in the residential sector with home improvement market stalled by rising building costs

Mon Dec 11 2023 - 05:00
Almost 400 employers found in breach of new tipping laws

Almost 400 employers found in breach of new tipping laws

Majority of contraventions related to displaying a notice about how tips and gratuities are distributed

Mon Dec 11 2023 - 05:00
Musk’s X cancels trust and safety contract with Irish firm

Musk’s X cancels trust and safety contract with Irish firm

McGrath’s strong response to Ifac, plans for third Dublin Airport terminal on McEvaddy land, Amazon data centres objector and Meta sparks row between regulators

Sun Dec 10 2023 - 11:51
McKillen-owned Atlas Autoservices acquires 18 Bridgestone depots

McKillen-owned Atlas Autoservices acquires 18 Bridgestone depots

The acquisition returns to family ownership several sites originally opened by Paddy McKillen senior

Fri Dec 08 2023 - 18:12
Modern manufacturing production down 32.2% in August to October

Modern manufacturing production down 32.2% in August to October

Manufacturing production was down 16.9% during same period while food production rose 7%

Fri Dec 08 2023 - 13:12
Sysco Ireland to acquire fruit and veg supplier Ready Chef

Sysco Ireland to acquire fruit and veg supplier Ready Chef

Sysco Ireland has said the move will broaden its offering of fresh and prepared food produce

Fri Dec 08 2023 - 12:59
December 23rd busiest day of year for in-store shopping

December 23rd busiest day of year for in-store shopping

Retailers and publicans can rely on brisk trade come that Saturday, in line with AIB spending data from 2022

Fri Dec 08 2023 - 06:00
Cash still most popular form of payment for three in five Irish people

Cash still most popular form of payment for three in five Irish people

The highest proportion of cash users are among those aged over 55, followed by those aged between 18 and 24

Thu Dec 07 2023 - 06:37
Ikea Ireland reports 16.5% rise in sales and ‘significant growth’ in online business

Ikea Ireland reports 16.5% rise in sales and ‘significant growth’ in online business

The Irish arm of Ikea reached total sales of €252 million in its latest financial year

Thu Dec 07 2023 - 05:00
Strong day of trading in Dublin as interest rate hopes lift global markets

Strong day of trading in Dublin as interest rate hopes lift global markets

Rhetoric from central bankers and positive economic data continues to fuel the hope that a cycle of interest rate hikes may have come to an end

Wed Dec 06 2023 - 18:16
Ireland's Christmas markets: 'Instagram-ability' has to be 'through the roof'

Ireland's Christmas markets: 'Instagram-ability' has to be 'through the roof'

A successful season for traders can be at the mercy of the Irish winter, but is always about curating a magical experience for shoppers

Wed Dec 06 2023 - 05:29
Three quarters of financial firms still conducting anti-money laundering checks manually

Three quarters of financial firms still conducting anti-money laundering checks manually

PwC study found that the use of more automation could strengthen the fight against financial crime

Wed Dec 06 2023 - 00:01
European stocks rally on hope ECB may be done with interest rate hikes

European stocks rally on hope ECB may be done with interest rate hikes

Euronext Dublin finished up on the day, although lagged behind gains seen by some European peers

Tue Dec 05 2023 - 19:14
Economy officially in technical recession as GDP shrinks more than expected in third quarter

Economy officially in technical recession as GDP shrinks more than expected in third quarter

GDP fell by 1.9% between July and September, a greater drop than previously estimated

Fri Dec 01 2023 - 12:36
Transport authorities inviting tenders for €1.25bn Luas contract

Transport authorities inviting tenders for €1.25bn Luas contract

The two bodies have chosen not to extend the current contract with French operator Transdev

Thu Nov 30 2023 - 17:44
Tara Mines owner aims to reopen by second quarter of next year

Tara Mines owner aims to reopen by second quarter of next year

Boliden has said it intends to present a rescue plan for the reopening of the mine in January

Thu Nov 30 2023 - 15:37
Consumer lending climbing at highest rate since 2008 as deposit growth slows

Consumer lending climbing at highest rate since 2008 as deposit growth slows

Net consumer lending amounted to €912m in the year to the end of October

Thu Nov 30 2023 - 15:09
Some 85% of EV drivers say running costs are cheaper, but upfront outlay still a deterrent for many

Some 85% of EV drivers say running costs are cheaper, but upfront outlay still a deterrent for many

Survey finds majority of Irish EV owners do not intend to return to traditional petrol or diesel cars

Thu Nov 30 2023 - 05:00
Foreign visitors spent close to €700m in State in October

Foreign visitors spent close to €700m in State in October

Some 577,400 foreign residents spent at least one night in Ireland last month

Wed Nov 29 2023 - 12:37
ISEQ gains more than 1% in strong day of trading

ISEQ gains more than 1% in strong day of trading

Across world markets there was mixed commentary from central bankers about inflation and the direction of monetary policy

Tue Nov 28 2023 - 18:32
Intel appoints two Irish people to vice-president roles

Intel appoints two Irish people to vice-president roles

Joe Bolger and Joe English have been promoted from their roles as factory managers at Intel’s €17 billion Fab 34 facility in Leixlip

Tue Nov 28 2023 - 18:08
Aon Ireland chief executive appointed chairwoman of NTMA

Aon Ireland chief executive appointed chairwoman of NTMA

Rachael Ingle will succeed current NTMA chairwoman Susan Webb, whose term ends on 22 December 2023

Tue Nov 28 2023 - 15:02
Two in five employees take credit for work done by AI

Two in five employees take credit for work done by AI

Workhuman survey has found that only half of employees using AI were found out

Tue Nov 28 2023 - 01:00
Workhuman reports 29% rise in revenues in 2022

Workhuman reports 29% rise in revenues in 2022

The Irish tech company announced earlier this year that it was laying off 10 per cent of its global workforce

Mon Nov 27 2023 - 16:59
Iseq Index logs losses in contrast to European peers

Iseq Index logs losses in contrast to European peers

It was a muted day of trading for global investors as the US market reopened after its closure for Thanksgiving on Thursday

Fri Nov 24 2023 - 18:25
Wholesale electricity prices up 12.5% in October

Wholesale electricity prices up 12.5% in October

Electricity prices are still just a third of the level they hit at the peak of the energy crisis in August last year

Fri Nov 24 2023 - 12:32
Moffett Automated Storage founder chosen as 2023 EY Entrepreneur of the Year

Moffett Automated Storage founder chosen as 2023 EY Entrepreneur of the Year

The 26th annual EY Entrepreneur of the Year awards were held in Powerscourt Hotel in Wicklow on Thursday

Thu Nov 23 2023 - 19:18
Staycity founder wins EY International Entrepreneur of the Year award

Staycity founder wins EY International Entrepreneur of the Year award

EY says the Staycity Group has ‘grown to become one of Europe’s leading aparthotel operators’

Thu Nov 23 2023 - 19:02
Activ8 Solar Energies founder scoops Established Entrepreneur of the Year award

Activ8 Solar Energies founder scoops Established Entrepreneur of the Year award

Activ8 Solar Energies has installed more than 100,000 solar panels across the country since it was established in 2007

Thu Nov 23 2023 - 18:43
Moffett Automated Storage founder wins EY Emerging Entrepreneur of the Year award

Moffett Automated Storage founder wins EY Emerging Entrepreneur of the Year award

EY praised the ‘disruptive and dynamic business’ for the cost, operational and sustainability benefits it offers to clients

Thu Nov 23 2023 - 18:17
Labour market participation highest since 2008

Labour market participation highest since 2008

The number employed in the state in the third quarter of this year reached 2,655,900

Thu Nov 23 2023 - 12:34
Properties going from first to final offer in just 10 days, Daft says

Properties going from first to final offer in just 10 days, Daft says

Some 41 per cent of offers made using the platform were placed outside of business hours

Thu Nov 23 2023 - 09:17
Ireland’s first satellite set to launch later this month

Ireland’s first satellite set to launch later this month

Dr David Murphy of the EIRSAT-1 team said the mission will bring Ireland’s space industry to new heights

Wed Nov 22 2023 - 00:01
Just 3,000 properties liable for Vacant Homes Tax

Just 3,000 properties liable for Vacant Homes Tax

Revenue initially identified 25,000 homes across the country as potentially liable

Tue Nov 21 2023 - 19:39
Global markets fall as Iseq is weighed down by index heavy-hitter

Global markets fall as Iseq is weighed down by index heavy-hitter

The Irish Stock Exchange performed worse than European peers on Tuesday

Tue Nov 21 2023 - 18:36
Central Bank monitoring possible commercial property crash as one of its ‘main risks’

Central Bank monitoring possible commercial property crash as one of its ‘main risks’

Central Bank deputy governor Vasileios Madouros said that there has been a “combination of cyclical and structural shocks” to the sector

Tue Nov 21 2023 - 16:06
Quarter of consumer-facing businesses lose confidence and predict fall in turnover

Quarter of consumer-facing businesses lose confidence and predict fall in turnover

New Ibec survey shows the ‘competitive challenges’ faced by businesses in the sector

Tue Nov 21 2023 - 06:00
Progress on renewable projects ‘much slower than expected’

Progress on renewable projects ‘much slower than expected’

Analysis from Davy predicts that as little as half of RESS1 and RESS2 projects will actually be delivered

Mon Nov 20 2023 - 15:15
Fifty years in business: buying a building on a rundown city street was key

Fifty years in business: buying a building on a rundown city street was key

The Fagan siblings mark a combined 80 years in business at Stock Design and Jacadi on South King Street

Mon Nov 20 2023 - 05:00
World markets down as boost from inflation data fades

World markets down as boost from inflation data fades

Iseq fails to match peers as few stocks shine on the day

Thu Nov 16 2023 - 17:59
EU reaches provisional agreement on rules to collect data on short-term rentals

EU reaches provisional agreement on rules to collect data on short-term rentals

Plans to introduce a short-term tourist letting register in Ireland are currently stalled

Thu Nov 16 2023 - 16:36
Revolut to raise prices for customers on paid plans

Revolut to raise prices for customers on paid plans

Revolut Plus, Premium and Metal customers will see monthly charges rise by €1-€2

Thu Nov 16 2023 - 15:29
More than 582,100 foreign overnight visitors came to State in September

More than 582,100 foreign overnight visitors came to State in September

Foreign visitors spent a total of €800.1 million across the month

Thu Nov 16 2023 - 13:54
Competition an emerging concern for one in four businesses

Competition an emerging concern for one in four businesses

Business monitor from InterTradeIreland shows trading environment is 'becoming increasingly competitive' across the island of Ireland

Thu Nov 16 2023 - 00:01
Lakeland Dairies to close three production sites, cutting 78 jobs

Lakeland Dairies to close three production sites, cutting 78 jobs

The co-operative said that “regrettably, redundancies will be necessary” to realise its new strategy to streamline processing operations

Wed Nov 15 2023 - 19:47
Global markets boosted by cooling inflation data but Euronext Dublin sees loss

Global markets boosted by cooling inflation data but Euronext Dublin sees loss

Irish banks all see losses on the day

Wed Nov 15 2023 - 17:51
Mazars Ireland to rebrand and expand US footprint through networking partnership with Forvis

Mazars Ireland to rebrand and expand US footprint through networking partnership with Forvis

New network will see the firms rebrand as Forvis Mazars next year

Wed Nov 15 2023 - 15:53
Kilkenny Design owner says shopping local ‘more important than ever’ this Black Friday

Kilkenny Design owner says shopping local ‘more important than ever’ this Black Friday

Marian O’Gorman says businesses can only remain viable if they get support from local people

Tue Nov 14 2023 - 06:55
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