Category: business

Around four in ten firms surveyed by the Central Bank say they have unpaid invoices. The outstanding amounts equate to about 20% of 2019 revenue, according to the regulator, which may result in increased pressure to cash flow. As many as 42% of firms said they had changed or deferred payments to manage cash flow. […]

Thousands more businesses across the country will begin opening their doors this morning for the first time in nearly three months, as the second phase of the Government’s plan to get the economy moving again gets under way. All retailers with their own on-street entrances can resume in-person trade, but opening times and how they […]

The Commission for Regulation of Utilities has warned businesses that they could miss out on energy savings by not talking to their suppliers to avail of the temporary Supply Suspension Scheme for companies impacted by Covid-19 restrictions.  The scheme was introduced in May to alleviate the pressures on SMEs by ensuring that they will have […]

Stockbroker Goodbody is calling for the introduction of a state backed loan scheme to help struggling businesses cope with the aftermath of the shutdown of the economy to contain the spread of Covid-19. In its latest economic health check, the group’s chief economist Dermot O’Leary said the level of government support for business here had been much lower […]

The Central Statistics Office has found that a majority of companies have continued to trade through the Covid-19 pandemic.   In the second of the CSO’s new Covid-19 business surveys, conducted in the week beginning May 3, 76% of companies which responded said they were continuing to trade.  But 23.9% indicated they had ceased trading […]

Business output in Dublin stagnated in the first quarter of the year as business activity grind to a halt in March, new figures show today. The latest IHS Markit Dublin Purchasing Managers index fell to 49.9 from 53.7, ending more than seven years of continuous output growth in Dublin.  A figure under 50 signals contraction, […]

New research reveals that Irish businesses are experiencing the worst talent shortage since 2006, with three-quarters unable to fill vacant roles. The latest survey by the Manpower Group says the skills gap increased more than five times over the past decade, jumping from 5 per cent in 2009 to 27 per cent now. The survey […]

Business sentiment rose for the third consecutive month in December, while consumer sentiment remained steady, the latest Bank of Ireland Economic Pulse shows.  The Bank of Ireland Economic Pulse, which combines the results of the Consumer and Business Pulses, showed a reading of 83 in December.  This was up 2.3 on November’s reading but 5.4 […]

Business confidence sinking on Brexit concerns – IoD A new survey shows that business confidence has been severely impacted by the political and economic uncertainty surrounding Brexit. The latest quarterly survey from the Institute of Directors in Ireland shows that the uncertainty evident over the past 12 months has intensified. It also reveals that 89% […]