Author: Practicenet

Monday 12 November 2018 Why can’t I add son to our car’s policy?

My son is 19 years old and he started college in September. He stays in Dublin Monday to Friday and comes home most weekends. He would like to be added to our car insurance, even though he may only use the car two-three times a month, but it would be useful to have him insured. […]

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Nationwide rents surge 30pc higher than during Celtic Tiger

Rents have risen 30pc above Celtic Tiger rates and reached a record high for the 10th consecutive quarter, according to a new report. The findings by Daft.ie don’t expect the rental hikes to stop any time soon. Nationally, there has been a rise of 11.3pc on last year, with the average monthly rental cost coming […]

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Tech hub’s rocket man helps high-risk startups fly high

“People come into incubators and very often it’s just for space, they are thinking ‘that’s what I need, a nice space would be good’. But actually, by the time they exit what you find is that the real value they’ve gotten is the networking, the connections, the monies they were able to attract as a […]

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Fewer than one in ten SMEs embracing remote or flexible working

Fewer than one in ten small and medium businesses in Ireland are embracing remote or flexible working. This is despite the fact that a majority of SME employees are in favour of such working conditions, according to a study of nearly 600 small businesses carried out by Vodafone. Smart working is the combined use of […]

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Practicenet 2018-11-09 09:47:49

Irish banks must shed a further €9bn of bad loans to meet ECB targets, Moody’s has warned. Unlike the early period after the crash, when sales of commercial real estate and developer loans dominated the great bank sell-offs, further disposals will be dominated by home loans, the rating agency said. “This is because legacy mortgage […]

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‘Cost of care for our two boys will be more than we pay on mortgage’

Mother Siobhan Redmond will soon be paying more than her monthly mortgage for childcare for her two children. Ms Redmond, from Killester, Dublin, believes the Government should further assist families and the childcare industry in tandem to create a well-run system for all. The 35-year-old financial professional is currently on maternity leave after giving birth […]

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Trade fears: Ireland may be caught in crossfire if President Trump ramps up rhetoric after midterms

When President Donald Trump tweets, he moves markets. Last week’s upbeat comments on the possibility of a deal with China to call a halt to a trade war between the world’s two largest economies helped stock markets rally from the bloodbath of ‘Red October’. By Friday, however, his officials were backpedalling, and not for the […]

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EU digital tax could backfire – Donohoe

The EU’s success as an exporter leaves it vulnerable if tax norms are torn up, which would include creating the digital services tax sought by France and others, Paschal Donohoe has warned. He denied France had offered to make-up for any tax loss to Ireland to win support for its plan. “No such offer has […]

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Startup diary: For every €1 you spend in marketing, make €2 in revenue

Our podcast is now live. (A search for voxgig on iTunes will bring it up.) It is, as with most things we do, a soft launch. There’s only one episode just yet. Our general strategy for getting things done is accept embarrassment with version 1, and then iterate our way out of mortification. It might […]

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Friday 2 November 2018 Irish banks face ‘toughest ever’ European stress tests

Regulators’ ‘worst case’ scenario by factors in house prices here falling by 5.1pc HIGH stocks of bad loans and a relatively pessimistic ECB view of Irish growth prospects will weigh on AIB and Bank of Ireland in the EU’s latest bank stress test results today. However, both banks go into the current process in better […]

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