Author: Practicenet

Fresh bubble fear as property prices jump yet again

The surge in property prices has picked up pace, with a renewed increase in Dublin values. Prices nationwide jumped by almost 12pc in the year to May, according to the Central Statistics Office (CSO). This compares with an increase of 10pc in the year to April. The rise for the month of April was 2pc, […]

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Increase of 6pc in number of start-ups on 2016

Almost 1,900 start-up companies were established on average each month in the first six months of 2017, an increase of 6pc compared to the same period in 2016. The most popular sector for company start-ups was professional services, with almost 20pc of new companies operating in this area, according to research from business and credit […]

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Adrian Weckler’s guide to technology for small businesses

10 tech health checks for your business 1 How to smoothly upgrade your old work laptop  People put off upgrading to a modern, fast, secure laptop because of the hassle factor in moving files and documents. “I know where everything is on my current machine” is a common refrain. But you’re risking a breakdown if […]

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Bank of Ireland new shares set at €7.38

Bank of Ireland’s new shares started trading Monday at €7.38 each –compared to the 24.60 cents each where they closed last Friday. The bank has completed a reorganisation that included swapping every 30 old shares for one new share – a process known as a reverse split or stock consolidation. Shareholders still hold their stake […]

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Customer databases may soon become more trouble than they are worth

In June 2015, UK pub chain JD Wetherspoons was hit by a cyber attack. More than 650,000 emails and some staff details were stolen. When the breach was discovered, the company’s founder and chairman sounded an interesting note on security. “As far as I’m concerned, there’s no need for Wetherspoon to hold customer information in […]

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Farmers the big winners from Japan trade deal

Irish farmers stand to be among the main winners from an agreement between the EU and Japan to conclude a deal to scrap tariffs on much of their bilateral trade. The deal will see duties wiped out on over 90pc of EU agricultural exports. For Irish consumers it could, eventually, bring down the price of […]

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EU and Japan trumpet trade deal as rebuke to a closed America

When European Union and Japanese leaders endorsed a preliminary free-trade agreement yesterday it was in significant measure a counter to Donald Trump’s protectionist stance. The political green light in Brussels yesterday came a day after negotiators for both sides reached a breakthrough over food and car exports, which had been sticking points since talks started […]

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Kildare tech firm invests €300k in cyber security solution

Kildare-based technology firm vCloud.ie has invested €300k in what it describes as a “cutting edge” cyber security product. The product is the first of its kind currently available globally. Designed to protect operating systems and online facing services, the product can withstand hundreds of thousands attacks per minute, surpassing other online security systems. “We expect […]

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EU audit set to find Ireland in breach of broadband targets

A NEW EU audit is set to find that Ireland is in breach of European broadband targets. The European Court of Auditors has picked Ireland as one of five countries measured to see whether agreed targets broadband rollout have been met. However, the Government’s latest delay on connecting 542,000 rural homes and businesses to broadband […]

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Clamp down on ‘letterbox’ entities by the EU could help boost Irish funds sector

Investment firms may have to move thousands of jobs to the European Union after regulators said “letterbox entities” nominally based in the EU but in reality run from abroad will no longer be tolerated, lawyers and advisers say. The proposal would affect UCITS, a type of mutual fund domiciled in the European Union, that hold […]

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