Author: Practicenet

Sterling slid to three-month lows in Asia on Monday with investors spooked anew by concerns over Britain’s divorce from the European Union, while US policy uncertainty lingered ahead of President-elect Donald Trump’s inauguration. Regional share markets were hesitant. MSCI’s broadest index of Asia-Pacific shares outside Japan eased 0.5pc, Japan’s Nikkei lost 0.6pc and Shanghai shed […]

Ireland ranks 12th in the world for its ability to attract, retain, train and educate skilled workers, according to a new survey ahead of the World Economic Forum in Davos. Ireland features ahead of Germany, Canada and France, but falls behind the UK, the US, and most of the Nordic countries, according to the Adecco […]

Normally the mention of pensions is enough to send people looking for a pair of slippers and a cup of cocoa, but in fact, pension planning is far more relevant in your 30s and 40s than when you’re about to retire. The current older generation is among the best catered for in the EU. That’s […]

A major clampdown on uninsured drivers is to be implemented in a bid to tackle the rocketing cost of motor insurance. Gardaí are to get the technology to carry out roadside checks to see if drivers have insurance. There are about 150,000 drivers on the roads who have no insurance. Now a new database is […]

Motor insurance reforms being introduced by the Government will put the brakes on premium hikes, according to experts. But it will be the second half of the year before the changes start to have an impact. The Government’s working group on insurance costs will also help Dublin-quoted insurer FBD break even this year and return […]

Consumer sentiment has fallen to a 22 month low reflecting unease in the Irish consumer following the Brexit vote and the US presidential election. According to Tuesday’s survey by KBC Ireland and the ESRI, the monthly drop in sentiment was relatively modest – but enough to drive the index to its lowest level since February […]

The seismic shift in world and European politics following Brexit and the election of Donald Trump as 45th President of the United States has led to an environment of global political and economic uncertainty and challenging and uncertain times ahead for Irish businesses. 2016 has been a landmark and unprecendented year and Taoiseach Enda Kenny […]

Parliaments in six countries have opposed the European Commission’s proposals for a common tax base across the European Union, according to Irish MEP Brian Hayes. The Commission announced details of a planned common consolidated corporate tax base (CCCTB) in October. The idea is to apply a universal tax code for all multinationals operating inside the […]

Some of the world’s biggest banks announce earnings this week, including JPMorgan Chase, Wells Fargo and Bank of America. There’ll also be focus on the US economy and how it fared during the busy Christmas shopping period. Sales at US retailers probably accelerated in December, highlighting robust holiday spending as 2016 drew to a close, […]

Pay rises, housing and tax are employees’ top priorities for 2017. Wage rises remain on the table despite concerns over Brexit and housing. Uncertainty surrounding Brexit and a Trump presidency have done little to dampen expectations of wage growth in Ireland for 2017. According to detailed research across companies and staff in areas such as […]