Business News

Business activity growth at 3 month low, according to AIB PMI survey

7th August 2019

Business activity growth at 3 month low, according to AIB PMI survey Business activity in Ireland’s service sector expanded at the slowest pace in three months during July, amid the first reduction in foreign demand since November 2016. According to the AIB Services Purchasing Managers Index survey, overall new order growth eased to a three […]

European debt rally pauses at start of a big week for bond markets

23rd July 2019

European debt rally pauses at start of a big week for bond markets Core European government bond yields steadied on Monday after posting their biggest weekly drop in seven weeks as investors consolidated positions before a central bank policy meeting this week where policymakers might unveil plans of more rate cuts. Though hopes have grown […]

First-time buyers feel ‘pushed out’ by bulk investors

28th June 2019

First-time buyers feel ‘pushed out’ by bulk investors Fianna Fáil is calling on the Government to restrict tax incentives for institutional investors in the Irish property market. The party said so-called “cuckoo funds” have given rise to entire housing developments being snapped up, locking out first-time buyers. A review by the Department of Finance into […]

Road freight tonnage increased by 1.4% in 2018

27th June 2019

Road freight tonnage increased by 1.4% in 2018 A total of 149.2 million tonnes of goods was transported by road last year, new figures from the Central Statistics Office show, an increase of 1.4% on the 2017 total. But the CSO said that activity measured as weight by distance was 11,445 tonne-kilometres in 2018, a […]

UK car industry warns next PM no-deal Brexit is not an option

26th June 2019

UK car industry warns next PM no-deal Brexit is not an option Britain’s car industry has warned the next prime minister against a “seismic” no-deal Brexit in October, which it said could add billions of pounds in tariffs and cause border disruption, crippling the sector. Boris Johnson, the frontrunner to succeed Theresa May, and his […]

Report suggests new agri-food area for Ireland, UK

25th June 2019

Report suggests new agri-food area for Ireland, UK A new shared food safety and animal health area taking in the island of Ireland and the island of Great Britain as a whole should be created to prevent the Irish backstop taking effect, according to a report by a UK non-government body of MPs, academics, trade […]

Construction industry’s turnover sees growth of 25% last year

13th June 2019

Construction industry’s turnover sees growth of 25% last year The combined turnover for the country’s top construction companies increased by 25% to €8.39 billion last year. This is according to Construction magazine’s annual Top 50 CIF Contractors listing for 2019. The listing, published every year, gives a snapshot of the overall growth in Irish construction. […]

Consumers spent €1.7 billion online in March

27th May 2019

Consumers spent €1.7 billion online in March New figures from the Central Bank show that there are more payment cards than people in this country, with just over six million active credit or debit cards in circulation. In the first three months of the year, Irish people spent just over €1.7 billion using those cards […]

Join industry leader groups to get inspired

23rd November 2018

Q: I run two successful cafes. I don’t have a lot of space in either and I am really challenged when parents arrive with buggies and young children. How can I handle this delicate issue? A: This is indeed sensitive. You run the risk of not only alienating parents, but also their family and friends. […]

Join industry leader groups to get inspired

23rd November 2018

Q: I run two successful cafes. I don’t have a lot of space in either and I am really challenged when parents arrive with buggies and young children. How can I handle this delicate issue? A: This is indeed sensitive. You run the risk of not only alienating parents, but also their family and friends. […]