Author: splash

People may be more conservative in how they use Covid savings – research

People are adopting a more conservative approach to using savings build up during the Covid-19 pandemic than anticipated, new research from Permanent TSB Bank and research company Kantar shows. Leontia Fannin, Head of Corporate Affairs at Permanent TSB, said today’s findings could signal a lower-than-expected post Covid “bounce” in the economy. “There has been an […]

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Government now faces tricky dilemma on PUP wind-down

When the history of Ireland’s handling of the pandemic is written in years to come, the economic impact and the response of the Government to it will be a key focus. And central to that analysis will be the role played by, and the effectiveness of, the Pandemic Unemployment Payment or PUP. Introduced almost overnight […]

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People waiting for right opportunity to get new job – Indeed

Around three in ten workers surveyed by recruitment website Indeed said they were open to new employment opportunities but are not actively looking. The survey showed that 7% of workers said they were urgently looking for a new post while around half said they were not searching for a new role. Indeed said this suggests […]

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Value of mortgage approvals at a ten-year high in July – BPFI

Just over 53,500 mortgages to the value of almost €13.2 billion were approved in Ireland in the 12 months to the end of July, according to Banking and Payments Federation Ireland. That represented an increase in approval volumes of just over 3% compared to the 12 months to the end of June, while the value […]

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Faulty goods and services top CCPC query list

Issues relating to faulty goods and services topped the list of queries to the Competition and Consumer Protection Commission in the first six months of this year. There was a steep rise in the number of queries relating to audio-visual and electronic goods and a corresponding fall in travel-related queries. The Consumer Contacts Report details […]

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Cyberattacks on the rise over last year – survey

90% of Irish IT security experts say they have seen a rise in disruptive cyberattacks in the last year, a new survey has found. The study also found that just 30% felt that their executive management fully understands the value and needs of the cyber security teams, compared to 42% globally. More than half of […]

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Cyberattacks on the rise over last year – survey

90% of Irish IT security experts say they have seen a rise in disruptive cyberattacks in the last year, a new survey has found. The study also found that just 30% felt that their executive management fully understands the value and needs of the cyber security teams, compared to 42% globally. More than half of […]

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Rise in consumer confidence here in August not repeated elsewhere

Irish consumer sentiment improved marginally in August while confidence dipped in the US, UK and euro area. The latest consumer sentiment index from KBC Bank Ireland increased to 86.5 in August from 84.9 in July. That saw the sentiment index largely – but not entirely – reversing July’s drop from the two-year high of 87.2 […]

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Marginal increase in commercial vacancy rate in second quarter of 2021

The vacancy rate in commercial properties around Ireland remained relatively steady in the second quarter of 2021. According to the latest GeoView Commercial Vacancy Rates Report from EY for GeoDirectory, out of a total commercial property stock of 211,739 units in Ireland, 28,831 were classified as vacant in June this year. This resulted in a […]

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Number of PUP recipients falls below 150,000 for first time

The number of people due to receive the Pandemic Unemployment Payment (PUP) this week has fallen by less than 4,000 when compared to last week. 149,436 will get the PUP in the coming few days, down from 153,309 last week. It is the first time that the number of recipients has fallen below the 150,000 […]

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