Author: Practicenet

More than 120 jobs announced for Dundalk

An Tánaiste and Minister for Business, Enterprise and Innovation Frances Fitzgerald TD joined Bill Graebel, CEO of Graebel Companies, to announce the creation of 125 new jobs at Graebel Companies in Dundalk. The announcement was made at the opening of the company’s Europe Middle East and Africa (EMEA) financial shared services and operations centre in […]

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Hiring and staff retention top issues for life science firms

Attracting and retaining talent, as well as reform of the personal tax system, are the biggest challenges facing Ireland’s life sciences sector, according to new research from global executive search firm Accreate. Of the 350 leaders of life science businesses in Ireland that took part in the survey, 84pc said that attracting and retaining talent […]

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Two new towns ‘rent pressure zones’ as costs soar 6.6pc

Two new towns have been designated rent pressure zones as the average cost rose by 6.6pc in the year to June. The Residential Tenancies Board said that the national average rent stood at €1,017 per month, up €63 from the same period last year. Rents in Dublin grew by 3.3pc in the second three months […]

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Developing Green Finance sector a ‘priority’ for Ireland – Minister

Brexit should be considered an opportunity for Ireland to establish itself as a leading hub for Green Finance in partnership with Britain, Mr. Michael D’Arcy TD, Minister for Financial Services, has said. Speaking that a Green Finance dinner at the Irish embassy in London last night Minister D’Arcy said that increased cross-border collaboration can cement […]

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Healthy savings

If you have private health insurance, there’s a good chance that you’ll need to renew your policy this month, but why not switch instead and save hundreds, if not thousands? The bottom line is that anyone who is on the same plan for two years or more stands to save money, according to health insurance […]

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Don’t fall into the trap of over-insuring

THE biggest mistake people make with house insurance is over-insuring. That means it’s easy to fix, and switching for a better deal will make it better again. You might think that it doesn’t matter — after all, you’ll get back what you’re insured for, right? Wrong. An insurer is only obliged to pay out the […]

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Almost one quarter of Irish firms will be forced to close if subject to GDPR fines – survey

Close to one quarter of Irish firms would be forced to pull down their shutters if handed fines for non-compliance to the new EU General Data Protection Regulation (GDPR). Data Protection Commissioner Helen Dixon has stated that her office will use their power, under the impending GDPR, to issue fines of up to €20m or […]

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NTMA sells €1bn of Government bonds

The National Treasury Management Agency (NTMA) has completed an auction of €1bn of the benchmark Irish Government bonds this morning. The NTMA sold €550m of bonds at a yield of 0.689pc which will mature in 2026, and €450m worth of bonds with a yield of 1.648pc which will mature in 2037. With the completion of […]

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Key Irish export sectors now more dependent on UK than 10 years ago

Some Irish exporting sectors have seen their dependence on the UK market increase since the turn of the millennium, even though the exports share overall to the UK has been declining. A new paper from the Department of Finance shows the extent to which some sectors are vulnerable to Brexit. The importance of the UK […]

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Dramatic drop in cost of motor insurance new figures show

There has been a dramatic drop in the cost of motor insurance. New figures show there was a plunge of 14pc in the cost of cover in the last year, the biggest drop since the insurance crisis hit. Central Statistics Office (CSO) inflation figures show the cost of motor insurance was broadly steady in the month […]

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