Author: splash

Irish inflation estimated at 9.6% in June – Eurostat

Inflation across the euro area rose to 8.6% in June, according to an initial estimate by the EU’s statistical agency Eurostat. Its estimate for inflation in Ireland was 9.6%, which is higher than many forecasters had predicted. The Central Statistics Office will publish detailed inflation figures later this month. Looking at the components of the […]

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New low cost Covid-19 loan scheme for businesses

The Government has launched a further low cost Covid-19 loan scheme for businesses. The finance will be available to small and medium businesses (SMEs) including farmers, fishers and food businesses. Low cost loans between €25,000 and €1.5 million will be available with terms of one to six years. Credit will be available without security where […]

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€6.7bn Budget package expected as Summer Economic Statement due

The Government is to publish its Summer Economic Statement later today, which will set out the parameters of the Budget. Last year’s Summer Economic Statement published the parameters of the Coalition’s Budget plans for the next five years. It included a spending rule which would limit increases in public spending to 5% a year to […]

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Cost-of-living crisis could last ‘years’, says Tánaiste

Tánaiste Leo Varadkar has told the Dáil that the cost-of-living crisis could last for years. Speaking during Leaders’ Questions, Mr Varadkar said that the issue was something people would be “grappling with for months, if not years, ahead”. He added that what he termed the “global inflation crisis” would not end as a result of […]

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Solar panels could power ‘quarter of Irish households’

Climate scientists at University College Cork have concluded that a quarter of all the electricity needed by Irish households could be produced by putting solar panels on domestic rooftops. The study examined every rooftop in Ireland using satellite imagery and weather data for the first time. The findings come on the same day that the […]

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New EU roaming rules come into force

New EU roaming rules for mobile phone users have come into effect after the previous EU Roaming regulation of 2017 ended yesterday. The “Roam-like-at-home” initiative has been extended until 2032 and allows travellers in the European Union and the European Economic Area to call, text and surf the internet abroad without extra charges. The new […]

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‘Prolonged period of high inflation’ possible – McGrath

The country may be facing in to a “prolonged period of inflation” according to Minister for Public Expenditure and Reform Michael McGrath, who said measures to help with the rising cost of living must be timed wisely to have maximum impact. He was responding to calls from Sinn Féin for an emergency budget amounting to […]

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Vodafone Ireland to upgrade its 3G network

nced that it is to begin a phased programme to upgrade its entire 3G service from late 2022. The company said its existing 3G network will be upgraded to a more sustainable 4G and 5G service as part of a nationwide network modernisation programme. According to Vodafone Ireland, data dependency on 3G has significantly reduced […]

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241 new jobs in eight IDA Ireland high growth companies

IDA Ireland have announced the creation of 241 jobs in Dublin, Galway, Letterkenny and Limerick across eight high growth companies from Europe and the US. The new jobs will be spread across the technology and business service sectors with a range of activities such as sales and marketing, software development, engineering, customer success and tech […]

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Govt to make changes to rules for tips and service charges

The Government is expected to make changes to new tipping legislation, which will effectively ban so-called ‘service charges’ on bills unless the money goes straight to staff. The new law, the Payment of Wages Bill, is currently making its way through the Oireachtas. It is designed to prevent employers from using tips or gratuities to […]

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