Author: Practicenet

The National Treasury Management Agency has raised €4bn from bond investors this afternoon after encountering heavy demand for its latest syndicated bond issuance. It is understood the notes will deliver a yield of over 1.3pc, although the deal has yet to be priced. A spokesperson for the NTMA declined to comment on the yield but […]

Permanent TSB has reduced its rates on a number of its fixed rate mortgage products for new business. The changes, will apply to three-year and five-year fixed home loans, will come into effect on Monday, April 9. Eight products in total will see the rate reductions, which range from 0.10pc up to 0.15pc. Experts are […]

HOUSEHOLD spending is set to top €100bn this year for the first time as a resurgent economy fattens workers’ wallets, business group Ibec has predicted. And we’re splashing out more on restaurants and entertainment as wages rise and more people join the workforce. Ibec, headed by chief executive Danny McCoy, has predicted household spending will […]

Ireland’s surging economic growth could be at risk from emerging threats to the country’s competitiveness, business lobby group Ibec has warned. In its latest quarterly economic outlook published this morning, Ibec has predicted that the Irish economy will grow by a robust 5.6pc in 2018, with the number of people in jobs expected to reach […]

Mike Ross is a former Ireland and Leinster rugby player who is now commercial director with the technology company, Wizuda. He lives in Churchtown, Dublin, with his family. He and his wife have two children: a seven-year-old son and a three-year-old daughter. Ross joined Wizuda after retiring from professional rugby last year. Wizuda provides software […]

Q I’m 57 and in a defined contribution pension scheme through work. Some of my colleagues are already talking about Approved Retirement Funds (ARFs) and annuities. Do I need to plan my retirement decisions now or wait until I’m 65? Imelda, Dun Laoghaire, Co Dublin I appreciate retirement is a little bit away but ideally […]

Splitting technology giant Hewlett Packard (HP) into two separate groups stunned staff and investors alike initially, but the breakup has given HP Inc the opportunity to accelerate its innovation in response to its customer needs. On the back of former eBay boss Meg Whitman’s decision, the separation of computer and printer business (HP Inc) and […]

Job vacancies in the hotel sector have surged in the five-year period up to 2017, a recruitment website has claimed. Analysis by jobs.ie found that there has been an increase in jobs vacancies in a number of key hotel roles – specifically hotel chefs, bartenders, waiters, receptionists, porters, mixologists and concierges. Every role has experienced […]

Investors in banks and tech companies could make money as rates start to rise, but telco and bond investors might lose out. Rising interest rates are changing the rules of the game for investors. Over the last decade, investors have largely been operating in an environment of record low interest rates – but these days […]

Q: I have lived in Spain since January 2017 where I work as a self-employed teacher. However, I worked in Ireland for some weeks during 2017, earning around €2,000 (PAYE income only). The same will happen this year. What are the tax implications of the few weeks’ Irish work? I am assuming I don’t need […]