Author: splash

Govt to build emergency reserve LNG storage facility

The Government is to build a new floating gas storage facility for Liquified Natural Gas to use as a strategic emergency reserve in case of global supply disruptions. It is one of 28 actions included in its new and long-awaited energy security strategy launched today. The plan is to pay for the construction and operation […]

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Unions invited to public sector pay talks

The Minister for Public Expenditure, NDP Delivery and Reform, Paschal Donohoe has invited public service unions and staff representative associations to enter negotiations with the Government on a new public sector pay agreement. The talks will take place under the auspices of the Workplace Relations Commission (WRC). The current public sector pay deal, Building Momentum, […]

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44% would change job to meet remote working needs

The fourth annual National Remote Working Survey has revealed that 44% of workers would change job, even if it means taking a pay cut, if their remote working preferences are not facilitated. This is an increase on the same finding in last year’s study, in which 30% of respondents said they would change jobs to […]

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Grocery inflation falls to 9.8% from 10.5%

New figures from Kantar show that grocery inflation has fallen below 10% for the first time this year. Grocery inflation fell to 9.8% in the 12 weeks to October 29, down from 10.5% and marking the sixth month of falls in a row. Figures last week from the CSO showed that the annual rate of […]

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Governance rules could deter executives from seeking senior posts

New governance rules, which would see individuals being held accountable for willful wrongdoing in the financial sector, could stymie recruitment to senior executive positions within organisations, a survey of firms has found. The Individual Accountability Framework rules are being rolled out by the Central Bank and are due to come into operation over the coming […]

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Skills shortage, talent retention among key challenges for employers

Skills shortages and the retention of talent remain among the key challenges facing organisations, a survey of employers conducted by recruitment specialists, Hays Ireland, has concluded. Almost all of the firms surveyed – 94% – said they had faced skills shortages in 2023, up slightly from the 92% who gave the same response last year. […]

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Construction sector activity slows for fourth month

Activity in the construction sector in Ireland slowed further last month. It is the fourth month in a row that activity has fallen. According to the BNP Paribas Real Estate Ireland Construction Total Activity Index, the pace of decline was solid and faster than that seen in September. A further reduction in activity on housing […]

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Rents rising nationally but marked slowdown in Dublin

Rents being sought for properties on the open market nationally are continuing to increase, but there has been a continued slowdown in the rate of increase in Dublin, according to the latest daft.ie Rental Report. Rents on the open market are now 8% higher that they were a year ago, with the average market rent […]

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Annual production in manufacturing industries sinks 23% in Q3 – CSO

New figures from the Central Statistics Office show that production in manufacturing industries decreased by 22% in the third quarter of this year compared to the same second quarter. But the CSO said that production in manufacturing industries rose by 1.3% in September compared with August. Meanwhile, on an annual basis, production in manufacturing industries […]

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DPC warned proposed new structures could slow inquiries

The Data Protection Commission (DPC) has warned the Government that new proposed structures for the organisation could slow down the pace of major data protection inquiries involving high-tech companies and other multinationals. In a pre-budget submission, the DPC said there “simply aren’t enough people” if plans for a new system of governance involving multiple committees […]

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