Author: splash

New targets for female representation at senior levels

Balance for Better Business (B4BB), an independent review group established by the Government, has today launched a new strategy, targets and roadmap to improve gender balance at board and leadership level among businesses in Ireland. The group has set a new target for organisations to exceed 40% female representation on boards and leadership teams in […]

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Bank of Ireland raises net interest income guidance on fewer rate cuts

Bank of Ireland has today lifted its net interest income guidance for 2024 to reflect its revised expectations that there will be one fewer round of central bank interest rate cuts this year. The country’s biggest lender said in a trading update that it expects 2024 net interest income to be 3% to 4% lower […]

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Euro zone grows more than expected in Q1 after recession

The euro zone economy grew by more than expected in the first quarter of 2024, buoyed by a return to growth for Germany and strong expansion in Spain, preliminary data from the European statistics agency Eurostat showed today. Gross domestic product increased by 0.3% quarter-on-quarter for a 0.5% year-on-year rise, compared with market expectations that […]

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Inflation rate slows to 1.6% in year to April – flash CSO reading

The latest “flash” estimate of inflation from the Central Statistics Office shows that the annual rate slowed to 1.6% in the year to April from a rate of 1.7% in the year to March. The CSO said this compares to a rate of 2.4% in the EU Harmonised Index of Consumer Price inflation (HICP) for […]

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Claims related to uninsured drivers rose 11% last year – MIBI

The number of claims related to accidents caused by drivers who were either uninsured or untraced rose 11% last year. The Motor Insurers’ Bureau of Ireland said 1,927 claims were received during the year, up 187 on 2022. The largest number of claims came in Dublin where there were 822, followed by Cork which recorded […]

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Ireland’s first Trade Union Week gets under way

Ireland’s first Trade Union week begins today. It will see thousands of workers across the island taking part in events and activities over the next seven days. The initiative is part of an Irish Congress of Trade Unions’ (ICTU) campaign to promote trade union membership. There will be activities in schools, colleges and universities, as […]

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KBC Ireland to return banking licence to Central Bank

KBC Bank Ireland will return its banking licence to the Central Bank of Ireland next week, in its last act before exiting the Irish market. Three years after announcing its intention to leave Ireland, the bank confirmed that it had received approval from the European Central Bank to return the licence on Tuesday, April 30. […]

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Ireland ranks second in Europe for remote work opportunities

Ireland has one of the highest shares of hybrid and remote job postings in Europe, according to the professional network LinkedIn. The analysis shows how working habits have changed in Ireland in the past four years, with the appetite from professionals for hybrid and remote work remaining high despite business leaders continuing to encourage workers […]

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New home completions down 12% in first quarter of 2024 – CSO

There was a 12.1% fall in the number of new home completions in the first quarter of this year, according to new data from the Central Statistics Office. The CSO reported a total of 5,841 new dwelling completions between the months of January, February and March of this year; down from 6,647 in the first […]

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Third month of decline in consumer sentiment – Credit Union index

There was a marginal fall in consumer sentiment for a third month running in April, the latest consumer sentiment index from the Credit Union has found. It follows on from four months of gains in sentiment in the latter part of 2023 and into January of this year as inflation abated and talk of interest […]

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