Author: splash

Contactless payments hit new record highs

Contactless payments have hit new record highs, while the number of people using online banking continues to grow, according to figures from Banking and Payments Federation Ireland. Almost 234 million contactless payments were made in the third quarter of the year, worth nearly €3.8 billion. The figures reveal the value of contactless payments was up […]

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Almost 40% of Irish firms don’t have a sustainability strategy

43% of Irish companies have firm plans to be carbon-neutral or achieve net zero, according to a survey by IT company DataSolutions. The findings show that 65% of businesses expect to achieve their goal by 2030. 105 IT leaders were surveyed as part of the research, which was carried out by Mediateam. On a more […]

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Revenue warns of hidden costs when buying online from outside the EU

Revenue has reminded shoppers that they should check whether the advertised price of goods includes all tax and duty costs when buying online from outside the EU in the run up to Christmas. The tax collection agency said that where the price does not include these costs, additional charges may apply when the products arrive […]

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Supply chain disruption a major concern for businesses – Eurochambres survey

A lack of skilled workers, access to affordable energy, and increasing labour costs are among the main challenges facing businesses across Europe, according to the Eurochambres Economic Survey for 2022. The European Association, of which Chambers Ireland is a member, represents over 20 million enterprises in Europe through 45 national members and a network of […]

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Rents continue to rise as availability plummets

Average rents for residential properties were 6.8% higher in the third quarter of the year compared to the same period in 2020, according to the latest rental report from the website Daft.ie. The average asking price for monthly rent between July and September was €1,516. That is up 2.6% on the first quarter of this […]

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ISME sharply critical of UK threat to trigger Article 16

The body representing Irish SMEs has sharply criticised the UK’s threat to trigger Article 16 of the Northern Ireland Protocol, potentially over the role of the European Court of Justice (ECJ). In a letter to the British ambassador to Ireland Paul Johnston, seen by RTÉ News, ISME’s chief executive Neil McDonnell said that since the […]

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Triggering Article 16 would be ‘irresponsible’ – Taoiseach

The Taoiseach has said nothing is certain regarding the triggering of Article 16 of the Northern Ireland Protocol by the British government and he warned of the dangers of self-fulfilling prophecies. Yesterday, Minister for Foreign Affairs Simon Coveney said evidence suggests the British government is preparing to trigger Article 16 of the protocol. He warned […]

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Cross-border initiative to focus on climate change

Taoiseach Micheál Martin and Stormont’s Deputy First Minister Michelle O’Neill will launch an initiative to bring together experts on both sides of the border to research how to address climate and biodiversity emergencies. Those involved with the All-Island Climate and Biodiversity Research Network (AICBRN) say it will “significantly ramp up collaborative research activity.” The launch […]

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Unions lodge 3% pay claim for community, voluntary sector workers

Unions have lodged a pay claim for a 3% increase for thousands of workers in the community and voluntary sector. SIPTU, Fórsa, the Irish Nurses and Midwives Organisation and the Irish Congress of Trade Unions are launching a campaign today to highlight precarious conditions in the area where the majority of workers are on fixed-term […]

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Spending on nights out and socialising soars in October – Revolut

New figures from financial technology company Revolut show that spending soared on get-togethers and nights out as Covid-19 restrictions lifted in October. Consumer spending was up by 5% across the board last month and Revolut said that Irish people appear happy to kickstart the economic recovery by spending the additional savings many accumulated during lockdown. […]

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