Author: splash

Minister for Enterprise Simon Coveney has received approval from the Cabinet for legislation which will allow workers to stay in their job until they reach the State Pension age, currently at 66. The General Scheme of the Employment (Restriction of Certain Mandatory Retirement Ages) Bill 2023 strikes out any mandatory retirement age which is below […]

The State collected €12 billion in taxes in the first two months of the year, new figures from the Department of Finance show. That is up 5.5% or €600 million on the same period last year. The increase was driven by income tax, excise and VAT receipts. However, the Department said a technical factor with […]

Grocery price inflation fell for the tenth month in a row in February, new figures show today, with the decline expected to continue during the rest of the year. The latest figures from global retail market analyst Kantar show that grocery price inflation fell to 4.7% in the 12 weeks to February 18 from a […]

The service sector here grew at its fastest pace in five months in February after slowing to a near standstill a month earlier, as firms reported rising levels of new business across all sectors, a survey showed today. The AIB Global S&P Purchasing Managers’ Index (PMI) rose to 54.4 from 50.5 in January. The index […]

A new OECD report has found that there is an urgent need to take stock of anti-disinformation policies in countries around the world and to set a path for action. The study, ‘Facts not Fake: Tackling Disinformation, Strengthening Information Integrity’, warns that rising disinformation has far‑reaching consequences in many policy areas ranging from public health […]

Ireland lags other part of Europe when it comes to retail payments, the Central Bank has claimed. The result is an unsatisfactory situation for both consumers and businesses the regulator has said. The comments were made by the bank’s deputy governor, Vasileios Madouros, at the Banking and Payments Federation of Ireland (BPFI) organised National Payments […]

Business activity in the euro zone showed signs of recovery last month as the bloc’s dominant services industry expanded for the first time since July, offsetting a deeper contraction in manufacturing, a survey showed today. HCOB’s composite Purchasing Managers’ Index (PMI) for the bloc, compiled by S&P Global and seen as a good guide of […]

More than 15% of job postings in Ireland offer remote or hybrid work opportunities, ranking the country ahead of Germany, France and the US, but behind the UK, Austria, Spain and Poland. According to new analysis from jobs site Indeed, Poland featured the highest proportion of remote ads at over 21%. The share percentage for […]

Business condition in the manufacturing sector improved in February, the latest AIB Purchasing Managers Index shows. It comes as production growth accelerated to the highest in 22 months, amid a renewed improvement in order books. The headline index increased to 52.2 from 49.5 in January – the first expansion in six months. Readings above 50 […]