Author: splash

More small firms to be offered export help through LEOs

An extension by the Government of the mandate of Local Enterprise Offices (LEOs) will mean that thousands more small businesses here will be eligible for export grants. Under the move the LEOs will be able to give assistance directly to companies that have over ten employees which are operating in manufacturing and international traded services. […]

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Christmas spend set to match last year – Retail Ireland

Irish households are expected to spend the same amount of money this Christmas as they did last, as the impact of the higher cost of living reins in spending. Retail Ireland estimates that each household will spend €978 more in December than they do in every other month. This adds up to around €5.39 billion […]

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ECB will increase rates again in December – Makhlouf

The Governor of the Central Bank has said the European Central Bank will increase interest rates at its meeting next month but he had “an open mind” on what scale that should be. Gabriel Makhlouf was speaking at the publication of the Central Bank’s Financial Stability Report today. The Financial Stability Report is published twice […]

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ECB will increase rates again in December – Makhlouf

The Governor of the Central Bank has said the European Central Bank will increase interest rates at its meeting next month but he had “an open mind” on what scale that should be. Gabriel Makhlouf was speaking at the publication of the Central Bank’s Financial Stability Report today. The Financial Stability Report is published twice […]

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Busy day expected as Black Friday sales get under way

Originally an American construct, Black Friday was ideal for retailers and consumers in the United States to kick off the busy Christmas shopping period. In Ireland, where Christmas retail campaigns now begin just after Halloween, adopting Black Friday as an aid to sales seemed the obvious thing to do and it is now a fixture […]

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Busy day expected as Black Friday sales get under way

Originally an American construct, Black Friday was ideal for retailers and consumers in the United States to kick off the busy Christmas shopping period. In Ireland, where Christmas retail campaigns now begin just after Halloween, adopting Black Friday as an aid to sales seemed the obvious thing to do and it is now a fixture […]

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Firms can register for energy support scheme tomorrow

The Temporary Business Energy Support Scheme (TBESS), which will assist businesses with their energy costs during the winter months, will open for registrations tomorrow – Saturday 26 November. The €1.2 billion scheme, which will be administered by Revenue, received approval from the European Commission yesterday. Businesses will be able to use the online system to […]

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Govt’s budget strategy strikes ‘appropriate balance’ – IFAC

The Irish Fiscal Advisory Council has said the Government’s budgetary strategy struck the “appropriate balance between protecting vulnerable households and avoiding inflation”. In its Fiscal Assessment Report published today, the budgetary watchdog also warns that if the Government wants to keep within its own spending rule in next year’s Budget, it will either have to […]

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Govt’s budget strategy strikes ‘appropriate balance’ – IFAC

The Irish Fiscal Advisory Council has said the Government’s budgetary strategy struck the “appropriate balance between protecting vulnerable households and avoiding inflation”. In its Fiscal Assessment Report published today, the budgetary watchdog also warns that if the Government wants to keep within its own spending rule in next year’s Budget, it will either have to […]

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Growth in mortgage approvals driven by sharp increase in switching activity

The number of first time buyers being approved for a mortgage has dropped to its lowest level since 2019, new figures from Banking and Payments Federation Ireland show. The latest BPFI figures also reveal that the number of people switching mortgages continued to rise in October. Last month, a total of 5,349 mortgages were approved. […]

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