Author: Practicenet

Country ranks highly in terms of supply chain resilience in study of 130 nations Ireland has been ranked as the third safest country in the world in which to do business, according to a new survey by international risk management and insurance company FM Global. The study finds that Ireland is considerably more insulated from […]

Germany more than doubled its economic growth rate in the first quarter of 2016 as higher state and household spending, as well as rising investment on construction and capital goods offset a drag from foreign trade, preliminary data showed on Friday. The economy grew by 0.7pc on the quarter between January and March after it […]

Germany more than doubled its economic growth rate in the first quarter of 2016 as higher state and household spending, as well as rising investment on construction and capital goods offset a drag from foreign trade, preliminary data showed on Friday. The economy grew by 0.7pc on the quarter between January and March after it […]

One in three households considers it a good time to purchase big ticket items and a quarter intend to purchase a car in the next year, a survey by Bank of Ireland has found. Almost four in ten consumers expect their household financial situation to improve in the next year, although just under half expect […]

FARMERS have seen some savings in their pockets with the price of fertiliser falling in recent weeks. Prices of fertiliser have dropped as low as €240 to €290 for a large bag of CAN in North Leinster, down from €306 to €355 during May last year. However, most retailers are quoting €250 up to €290 […]

The Government has raised €750m in in a bond auction. The yield on the 0.8pc 2022 treasury bonds was 0.157pc with bid/cover of 2.6. It was conducted by the National Treasury Management agency and was the first auction since the formation of the news government. Last month the NTMA auctioned off another €750m worth of […]

KBC Bank Ireland has more than doubled its profit in the first quarter of its financial year, rising to €34.2 from €16.2m when compared with the same period last year. In the three month period to the end of March, the bank added 16,800 with current accounts continuing to drive new customer acquisitions. The firm […]

The formation of a government has not brought an end to political uncertainty, ratings agency Fitch has warned. Although uncertainty has been reduced, it hasn’t been eliminated because it isn’t clear how much of its legislative programme the minority government will be able to implement, the ratings giant said. The agency also warned that possible […]

Virgin Media has suffered a 14pc fall in its Irish TV customer base over the last year, new accounts show. The operator, which rebranded from UPC last year, lost 53,900 television customers in the last 12 months as stiff competition from Sky, Eir and Saorview continue to bite. Virgin also saw a slight fall in […]