Author: Practicenet

Stock markets higher on hopes for stimulus, trade progress

Stock markets higher on hopes for stimulus, trade progress European shares are up for the third straight session, building on a recovery since late last week. Shares in Asia also rose in overnight trade. Global stocks rallied at the start of the trading week on rising optimism about stimulus measures in China and Germany as […]

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Threshold, USI call on Govt for scheme to protect rental deposits

Threshold, USI call on Govt for scheme to protect rental deposits The Union of Students in Ireland and national housing charity Threshold have called on the Government to immediately implement a Deposit Protection Scheme (DPS) in order to safeguard rental deposits. Both organisations say that such a scheme is needed to protect tenants in the […]

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New guidelines on mobile and broadband advertising

New guidelines on mobile and broadband advertising Telecoms operators should not mislead customers by exaggerating the availability, coverage and speed of mobile and broadband services, according to new guidelines. The new measures around the advertising of mobile phone and broadband services are being introduced by the Advertising Standards Authority for Ireland and come into effect […]

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Help-to-Buy may cut higher value homes in Budget overhaul

Help-to-Buy may cut higher value homes in Budget overhaul The Help-to-Buy scheme could return in October’s Budget but in a heavily capped form that would essentially exclude Dublin homes, the Sunday Independent has learned. Finance Minister Paschal Donohoe plunged the future of the scheme into uncertainty when he refused to confirm that it would continue […]

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Banks claim that tracker scandal cases fall outside of time limit

Banks claim that tracker scandal cases fall outside of time limit Hundreds of homeowners who believe they were caught up in the tracker mortgage scandal may have left it too late to get compensation, if the banks involved get their way. According to RTÉ, Financial Services Ombudsman Ger Deering has raised concerns that some of […]

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European bond yields fall as markets anticipate fresh ECB stimulus measures

European bond yields fall as markets anticipate fresh ECB stimulus measures Government bond yields in the euro area are hovering near record lows, reflecting heightened expectations for European Central Bank easing soon and concern about global recession risks. Ten-year bond yields in Germany and Italy were poised to record their biggest weekly falls since mid-2018, […]

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New parental leave regulations coming into effect in September

New parental leave regulations coming into effect in September New parental leave regulations will come into effect on September 1. Employees will be entitled to 22 weeks unpaid parental leave which is an additional 4 weeks on current entitlements. This will then increase a further 4 weeks to 26 weeks from 1 September 2020. The […]

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Businesses say Ireland is running out of warehousing space amid Brexit fears

Businesses say Ireland is running out of warehousing space amid Brexit fears Groups representing businesses have said Ireland is running out of warehousing space as retailers and manufacturers rush to stockpile amid growing fears of a no-deal Brexit on 31 October. New figures from Savills Estate Agents show warehouses in Dublin have reached over 96% […]

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European bond yields fall as markets anticipate fresh ECB stimulus measures

European bond yields fall as markets anticipate fresh ECB stimulus measures Government bond yields in the euro area are hovering near record lows, reflecting heightened expectations for European Central Bank easing soon and concern about global recession risks. Ten-year bond yields in Germany and Italy were poised to record their biggest weekly falls since mid-2018, […]

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Restaurants seek fresh VAT cut to combat hard-Brexit

Restaurants seek fresh VAT cut to combat hard-Brexit Restaurants here want the Government to reduce the VAT rate for the hospitality sector to 9% once again, ahead of a potential no-deal Brexit. The organisation has warned that one in five restaurants here is likely to close if the UK leaves the EU without a deal. […]

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