Author: Practicenet

Irish banks need a Plan B when IT systems go dark

Tens of thousands of Ulster Bank customers got a nasty shock last week when their money vanished from their accounts. This was the latest in a string of IT glitches that have hit all the major Irish and UK banks in recent years. Last Monday startled Ulster Bank customers found that money that had previously […]

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Irish SMEs ‘losing out to FDI firms’ on tax breaks

The Government must create a level playing field between Irish SMEs and multinationals by rebalancing enterprise policy towards protecting indigenous Irish business, the new President of the Institute of Certified Public Accountants (CPA Ireland) has said. Cormac Mohan, managing partner at FM Accountants & Business Advisors, said it was “a strategic imperative” to create an […]

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How to avoid fiscal cheating

Many marriages founder on infidelity. Finding your partner has been cheating on you can often sound the death knell on a relationship. But what if the affair isn’t with a buxom 20-year-old workmate, but your bank account? Financial infidelity is a real problem and can cause just as much upset and ruin for a couple […]

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Startup diary: Can you build a strategy to stay alive?How code secret can pay off

When you found a business, you become overloaded with choices. Choices are everywhere. If you desire to start your own business so that you can be your own boss, I would say, “be careful what you wish for”. Most of the time, there are no right answers, and you’re literally just guessing and hoping for […]

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ECB chief Draghi insists Eurozone growth still solid

European Central Bank (ECB) chief Mario Draghi has played down concerns over softness in the Eurozone economy as the ECB kept policy on hold, bolstering expectations that it will halt bond purchases by year-end. Draghi argued that the 19-country currency bloc’s economy remained strong but acknowledged evidence of a “pull-back” from exceptional growth readings seen […]

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300 jobs to be created as Wetherspoon’s start work on new Dublin pub and hotel

Wetherspoon is to create 300 jobs at a new pub and hotel development in Dublin city centre. The UK pub chain is to start development work on its new pub and hotel located in Camden Street Upper and Camden Street Lower on May 8. The pub and 92 room hotel, which is set to open […]

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EU moves to regulate business practices of tech giants including Google, Apple and Amazon

Tech giants including Google , Apple and Amazon will for the first time face rules governing their commercial relations with smaller businesses under a law proposed by the European Union on Thursday. The new rules will specifically target app stores, search engines, e-commerce sites and hotel booking websites such as Expedia, requiring them to be […]

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Close to 40,000 now affected by tracker scandal

Thousands more tracker mortgage overcharging cases have been owned up to by Ulster Bank and AIB. Ulster Bank, which this week had to apologise after customer money disappeared from accounts, has admitted it has now found up to 2,000 extra tracker cases. The total may now be as high as 5,500 at the bank, it […]

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Revealed: The biggest sources of worry for Irish people

Money is the biggest source of worry for people despite the economy’s strong growth. More people are worried about their finances than last year. Family and health were the issues that came next when people were asked to list their worries in order of importance, according to a survey commissioned by insurance and protection company […]

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Ulster Bank appoints former Communicorp CEO Gervaise Slowey to its board

Ulster Bank has appointed former Communicorp CEO Gervaise Slowey to its board of directors. Ms Slowey is an independent strategic consultant. Previously she headed up Denis O’Brien’s Communicorp radio group for four years to the end of 2016, and before that was an executive with advertising giant Ogilvy Worldwide. She is also currently an independent […]

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