Author: Practicenet

British government must consult Parliament before triggering Brexit process

ENGLAND’S High Court has ruled that the British government requires parliamentary approval to trigger the process of exiting the European Union, a major upset for Prime Minister Theresa May’s plans for Brexit. Campaigners were celebrating victory in the legal battle against Theresa May’s decision to use the royal prerogative in her Brexit strategy, with demands […]

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Glanbia performance nutrition arm continues to drive sales growth

Irish nutritional group Glanbia has delivered a strong performance in the first nine months of the year as revenue in its rapidly growing performance arm continued to surge. Sales at its Glanbia Performance Nutrition (GPN) division increased by 10.9pc, driven largely by strong volume growth across all of its regions. Glanbia snapped up US protein […]

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Motorists get geared up for buying in North

Used car imports reached their highest monthly level for the year last month as sterling’s plunge induced more motorists to buy in the North or across the water. There were 7,090 used imports registered in October, a rise of 75.63pc on the 4,037 for the corresponding month in 2015. And it is the second successive […]

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Brexit may not mean Brexit for the North – McGuinness

Northern Ireland may still remain within the European Union despite Britain voting to leave, deputy First Minister Martin McGuinness has said. The North voted to remain within the bloc in the June referendum and Mr McGuinness said leaving the Union presents “massive challenges” for the island of Ireland. “The British government need to understand there […]

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Price slump and Corrib delays hit investment in oil and gas sector

Investment in Irish oil and gas projects is tipped to shrink in the next two years, as the sector deals with rock bottom prices, new research has shown. Around €1bn was invested into Irish schemes last year; however that figure is set to contract to €300m, according to the PwC Irish Oil and Gas Survey. […]

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Irish cyber security firm Integrity360 to create 150 new jobs

Irish security firm Integrity360 is to create 150 new jobs at its headquarters in Sandyford, Dublin as the company looks to deal with strong demand for its services here and abroad. The company will conclude recruitment for 50 positions by the end of this year with a further 100 set to be added by the […]

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Irish manufacturing growth hits four-month high in October

Irish manufacturing growth rebounded to a four-month high in October but growth in new export orders slowed as the country continued to feel the impact of Britain’s vote to leave the EU, a survey showed on Tuesday. The Investec Manufacturing Purchasing Managers’ Index (PMI) climbed to 52.1 in October from 51.3 in September, remaining above […]

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Global IT firm to create 150 new jobs in Ireland

Ireland is fast-emerging as a global centre for cyber-security as a leading IT protection firm confirmed it is to create 150 new jobs. US firm Cylance is to create the 150 news jobs over three years as part of a major investment in Cork. Cylance is one of a new generation of IT security firms […]

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DAA to develop country’s fourth largest hotel at Dublin Airport site

The DAA is seeking expressions of interest for the development and operation of a new 402-bedroom four-star hotel at Terminal 2. The new hotel, which will be the country’s fourth-largest, will provide employment for 250 people. Another 150 jobs will be created during construction. The authority has already been granted planning permission for the 22,848 […]

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Over 100 inquiries to IDA since Leave vote

The IDA has had more than 100 Brexit-related inquiries from international investors in the wake of the Leave vote. It is understood that some of those queries have already resulted in site visits. In those cases, companies have sent either technical teams or senior executives to Dublin to discuss with either the IDA or Government […]

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