Author: splash

The European Commission wants to require companies in Europe to back up climate-friendly claims about their products with evidence, under draft rules to stamp out misleading green labels for products from clothing to cosmetics. The European Union is set to propose today new requirements on companies seeking to promote goods sold in Europe with labels […]

Patch, an accelerator programme for young entrepreneurs, has announced an all-island expansion. The initiative is open to 16-21-year-olds in Ireland and Northern Ireland and has received a new three-year funding commitment from the NDRC, Ireland’s national startup accelerator programme. Patch was established as a non-profit organisation in 2018 to develop and nurture entrepreneurial and technologically-minded […]

The Irish Congress of Trade Unions and business group Ibec have released a joint statement to mark International Day for the Elimination of Racial Discrimination. The two organisations say they are recommitting themselves to the elimination of racism and discrimination in the workplace. The joint statement outlines that Ireland now has a diverse labour market […]

Six out of ten taxpayers in Ireland still do not claims tax relief on their medical expenses, a new survey has found. While four out of every ten do not submit a tax return because of a lack of awareness, the research by Taxback.com found. A similar proportion said they don’t submit a return as […]

82% of the public fear that consumers will be impacted by the decrease in banking competition caused by the exit of Ulster Bank and KBC Bank Ireland from the market. The research carried out by Amárach was commissioned by Metamo, the joint venture between 16 credit unions and Fexco. Despite the perceived reduction in competition […]

An organisation representing solid fuel merchant in Ireland has called for Government action to stem smuggling of coal into the country. Solid Fuel Merchants Ireland (SFMI) claims coal worth €56m is illegally brought into Ireland from Northern Ireland and sold here every year The body has called for additional enforcement measures to deal with the […]

Significant business deals are expected to be signed over the next three days at Meitheal – the largest trade event for the Irish tourism industry. More than 450 Irish tourism providers will pitch their business to over 200 international buyers and tour operators from 17 countries. The event gets underway at the Gleneagle INEC in […]

The pace of residential property price inflation slowed to an annual rate of 6.1% in January, compared to an annual rate of 7.7% in December, according to the latest Central Statistics Office figures. Today’s figures also show a marked increase in property sales by investors last year. The CSO said that home prices fell on […]

The European Central Bank’s governing council is widely expected to raise interest rates by another half a percentage point today after its meeting in Frankfurt. The ECB’s move will come as the financial world continues to be rocked by turmoil in the banking sector in Europe and the United States. Today’s widely expected half point […]

The level of capitalisation and liquidity in the Irish banking sector is very strong, the chief executive of the Irish Banking and Payments Federation Ireland (BPFI) has said. Brian Hayes also said the supervisory and regulatory requirements in place put the entire banking sector here in good stead into the future. He was speaking as […]