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Consumers favouring secondhand goods amid cost of living crisis, survey finds

Consumers favouring secondhand goods amid cost of living crisis, survey finds

PayPal says clothes, books and furniture are the most popular categories of preowned items

Wed Sept 27 2023 - 12:18
Profits rebound at Ashford Castle Estate

Profits rebound at Ashford Castle Estate

Revenue at five star hotel surpasses pre-Covid levels

Wed Sept 27 2023 - 11:16
Charlie Chawke pub business takes €2m property write-down

Charlie Chawke pub business takes €2m property write-down

Publican paid €22m for two-acre site at The Orchard Inn in 2005

Wed Sept 27 2023 - 06:00
Lidl agrees €60m deal with O’Brien Fine Foods

Lidl agrees €60m deal with O’Brien Fine Foods

Irish firm to supply cooked meats in Ireland, UK and mainland Europe

Tue Sept 26 2023 - 17:09
‘Strong’ recovery at Merrion Hotel sees revenue rise above pre-Covid levels

‘Strong’ recovery at Merrion Hotel sees revenue rise above pre-Covid levels

Having dropped to zero during the pandemic, occupancy levels climbed to 80% last year

Tue Sept 26 2023 - 16:52
‘Small number’ of jobs to go at Irish Distillers amid reorganisation

‘Small number’ of jobs to go at Irish Distillers amid reorganisation

Parent group Pernod Ricard announced plans to simplify global structure in August

Tue Sept 26 2023 - 13:05
Aircoach sees post-Covid bounce as revenues climb to €26.2m

Aircoach sees post-Covid bounce as revenues climb to €26.2m

The private coach operator swung to a €1.6m profit last year after losing money in 2021

Mon Sept 25 2023 - 14:25
Average price of three-bed semi in Ireland rises above €300,000 for first time since 2007

Average price of three-bed semi in Ireland rises above €300,000 for first time since 2007

Average prices in Dublin rose to €504,167 in past three months

Mon Sept 25 2023 - 09:19
Donegal communications firm launches ‘Ireland’s first’ online PR service

Donegal communications firm launches ‘Ireland’s first’ online PR service

Web-based toolkit allows firms to manage strategic communications and improve web presence, says founder

Mon Sept 25 2023 - 07:13
Dawn Meats cleared to acquire rival Kildare Chilling

Dawn Meats cleared to acquire rival Kildare Chilling

Farmers’ representatives had expressed concern about the tie-up and its impact on competition in meat processing sector

Fri Sept 22 2023 - 16:14
Datalex secures new €5m loan from Dermot Desmond vehicle

Datalex secures new €5m loan from Dermot Desmond vehicle

Revenues up by almost a quarter at airline retail software company amid air traffic recovery

Fri Sept 22 2023 - 07:56
Press Up: Paddy McKillen jnr and Matt Ryan’s hospitality leviathan not immune to economic headwinds

Press Up: Paddy McKillen jnr and Matt Ryan’s hospitality leviathan not immune to economic headwinds

Restaurant-bar-hotel group’s rapid expansion expected to slow amid economic pressures

Fri Sept 22 2023 - 05:00
Shares advance ahead of likely Federal Reserve rates pause

Shares advance ahead of likely Federal Reserve rates pause

CRH marked its last day of trading in Dublin with a 1.5 per cent gain

Wed Sept 20 2023 - 17:54
Profits down at Decathlon Ireland despite Covid recovery

Profits down at Decathlon Ireland despite Covid recovery

Foreign exchange losses weigh down otherwise strong results for French-owned sports retailer

Wed Sept 20 2023 - 14:59
Revolut launches free payments feature for businesses

Revolut launches free payments feature for businesses

Service will allow Irish firms to transfer money to employees and suppliers in 150 countries

Tue Sept 19 2023 - 06:00
Wine sales below pre-Covid levels as consumption continues to fall

Wine sales below pre-Covid levels as consumption continues to fall

Decline in consumption in line with general trend towards more moderate drinking, says Ibec group

Tue Sept 19 2023 - 00:00
Pension scheme recovery continues as total assets top €128bn

Pension scheme recovery continues as total assets top €128bn

Value of assets increased by €2bn in second quarter of 2023

Mon Sept 18 2023 - 13:24
Permanent TSB replaces Renault as Late Late Show sponsor

Permanent TSB replaces Renault as Late Late Show sponsor

Chat show returns to RTÉ One on Friday evening with new host Patrick Kielty

Fri Sept 15 2023 - 11:14
August spending ‘flatlined’ as consumers dodged summer showers

August spending ‘flatlined’ as consumers dodged summer showers

Spending in bars and restaurants declined in July, Bank of Ireland data shows

Fri Sept 15 2023 - 09:36
Flogas to cut gas and electricity prices by 30% as winter approaches

Flogas to cut gas and electricity prices by 30% as winter approaches

Decision follows a slew of more modest price cuts by rival energy providers since the start of September

Fri Sept 15 2023 - 09:11
H&M reports ‘flattish’ summer sales as retailer lags rival Zara

H&M reports ‘flattish’ summer sales as retailer lags rival Zara

Sales topped €5.1bn over the period, below analyst expectations

Fri Sept 15 2023 - 07:31
Macquarie’s Paul Plewman: ‘We never said: We want to do business in Ireland’

Macquarie’s Paul Plewman: ‘We never said: We want to do business in Ireland’

Irishman at the helm of bank’s European unit talks energy prices, economic upheaval and Macquarie’s 20 years in Ireland

Fri Sept 15 2023 - 05:00
CSO data reveals uptick in finance and insurance jobs

CSO data reveals uptick in finance and insurance jobs

Slight decline in food services and accommodation jobs likely to due to Covid impact on statistical model

Thu Sept 14 2023 - 15:20
Ryanair investors may have to wait a year for cash returns, says Michael O’Leary

Ryanair investors may have to wait a year for cash returns, says Michael O’Leary

Airline chief says Dublin Airport locals making a ‘dog-and-pony show’ over noise complaints

Thu Sept 14 2023 - 12:08
Higher interest rates drag on profits at Uniphar despite growth

Higher interest rates drag on profits at Uniphar despite growth

Healthcare group traded ‘strongly’ in first half, meeting medium-term growth target

Thu Sept 14 2023 - 08:21
Deadline for energy support scheme claims approaching, says Revenue

Deadline for energy support scheme claims approaching, says Revenue

Just €129m of claims have been approved out of a total envelope of €1.25bn, with tax authority flagging ‘incomplete registrations’

Wed Sept 13 2023 - 12:15
Tullow Oil trims full-year crude production forecast

Tullow Oil trims full-year crude production forecast

Irish-founded group says its operations in Gabon are unaffected by ongoing political instability

Wed Sept 13 2023 - 08:48
PHP to acquire Cork community care facility for €29.6m

PHP to acquire Cork community care facility for €29.6m

Healthcare investor says Ireland remains its ‘preferred area for future investment’

Wed Sept 13 2023 - 07:56
Altada co-founder hit with €130,000 tax settlement

Altada co-founder hit with €130,000 tax settlement

Revenue settles with 14 tax defaulters for a total of €3.7m

Tue Sept 12 2023 - 16:58
Supply of new housing set to exceed last year in spite of construction sector constraints, says BPFI

Supply of new housing set to exceed last year in spite of construction sector constraints, says BPFI

First-time buyers account for almost two-thirds of mortgage approvals in 12 month to July

Tue Sept 12 2023 - 04:00
Electric vehicle licences surge as used car imports increase

Electric vehicle licences surge as used car imports increase

Close to a fifth of new cars registered in first eight months were EVs

Mon Sept 11 2023 - 11:49
Fintechs call for regulatory ‘streamlining’ in challenging environment

Fintechs call for regulatory ‘streamlining’ in challenging environment

Firms struggling with sourcing funding and staff, according to Finance Services Ireland survey

Mon Sept 11 2023 - 00:01
As office vacancy rates rise, could Dublin’s market crash?

As office vacancy rates rise, could Dublin’s market crash?

Something has got to give as long as the imbalance between supply and demand persists. Rents are, whatever way you slice it, going to have to come down for the existing stock to be absorbed

Sat Sept 09 2023 - 06:00
Writech acquires three businesses as it eyes €124m revenue mark

Writech acquires three businesses as it eyes €124m revenue mark

Mullingar-based fire safety engineering group is backed by Dutch private equity firm Waterland

Sat Sept 09 2023 - 05:00
Pepper unveils interest rate discount scheme for struggling mortgage customers

Pepper unveils interest rate discount scheme for struggling mortgage customers

Loan servicing company is ‘closely monitoring’ impact of rising rates on repayments and affordability

Fri Sept 08 2023 - 13:49
European shares fall again as Apple weighs on US equities

European shares fall again as Apple weighs on US equities

Shares of Smurfit Kappa tumble 3.6% as boxmaker eyes potential Irish Stock Exchange exit

Thu Sept 07 2023 - 18:24
DCC spends £160m on five acquisitions in three months

DCC spends £160m on five acquisitions in three months

Dublin-based conglomerate expects deals to add 'mid-teen' returns in first year

Wed Sept 06 2023 - 09:15
Dublin office market correction ‘well under way’ as vacancy rate rises

Dublin office market correction ‘well under way’ as vacancy rate rises

Take-up levels ‘struggle’ but sentiment expected to improved in 2024, says HWBC

Wed Sept 06 2023 - 08:36
Budget 2024: Ireland risks repeating mistakes of past in plans to breach spending rules, watchdog warns

Budget 2024: Ireland risks repeating mistakes of past in plans to breach spending rules, watchdog warns

Irish Fiscal Advisory Council could ‘push big red button’ and refuse to endorse future budgets if rule continues to be breached

Wed Sept 06 2023 - 00:00
Irish Fiscal Advisory Council says rationale for State investment fund ‘weak’

Irish Fiscal Advisory Council says rationale for State investment fund ‘weak’

Irish Fiscal Advisory Council chairman says ‘spending now risks low value for money'

Wed Sept 06 2023 - 00:00
Budget 2024: €1bn drop in August’s corporation tax receipts triggers revenue volatility fears

Budget 2024: €1bn drop in August’s corporation tax receipts triggers revenue volatility fears

ESRI finds incomes for poorest 10% fell in real terms between 2020 and 2021 and stalled for other two-fifths of bottom half of its table, reversing decade of growth for lower and middle-income earners

Tue Sept 05 2023 - 08:13
Dublin Port Company to submit plan for new Liffey bridge later this year

Dublin Port Company to submit plan for new Liffey bridge later this year

Cargo volumes at transport and sea freight hub fall amid ‘cautious’ economic sentiment

Tue Sept 05 2023 - 04:00
Uneven labour market recovery marked by income decline for lower earners, warns ESRI

Uneven labour market recovery marked by income decline for lower earners, warns ESRI

Income growth stagnating or falling back even before current inflation cycle, says ESRI

Tue Sept 05 2023 - 00:01
Cash-strapped and stressed, Irish workers are increasing their pay demands

Cash-strapped and stressed, Irish workers are increasing their pay demands

Bosses should be concerned about employee burnout with almost a quarter ‘overworked’, says PwC

Tue Sept 05 2023 - 00:01
‘Ground-breaking tech’ developed in Cork could treat drug-resistant epilepsy

‘Ground-breaking tech’ developed in Cork could treat drug-resistant epilepsy

Device may ‘pave the way’ for use of technology in treatment of Parkinson’s and Alzheimer’s

Mon Sept 04 2023 - 06:00
Minister meets banks to discuss homeowners’ interest-rate challenge

Minister meets banks to discuss homeowners’ interest-rate challenge

Michael McGrath urges lenders to engage with customers as Insolvency Service deals with ‘increased demand’

Thu Aug 31 2023 - 12:41
Penneys completes €10m revamp of flagship Mary Street store

Penneys completes €10m revamp of flagship Mary Street store

Investment part of a €250m plan to overhaul its Irish stores over next 10 years

Thu Aug 31 2023 - 11:41
First-half profits up 7% at Irish Ferries owner despite China slump

First-half profits up 7% at Irish Ferries owner despite China slump

Weak Chinese demand led to a fall in container volumes, says Irish Continental Group

Thu Aug 31 2023 - 07:56
Jameson sales up 10% globally last year to record 10.7m cases

Jameson sales up 10% globally last year to record 10.7m cases

Irish whiskey staple among top performing brands in Pernod Ricard stable last year

Thu Aug 31 2023 - 07:25
Digital transformation slowing as firms pull back amid rising costs

Digital transformation slowing as firms pull back amid rising costs

Fewer than half of businesses are delivering digital projects on budget, says Expleo

Thu Aug 31 2023 - 05:00
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