Category: Syndicated

Financial abuse experienced by 30% of adults – survey

Vulnerable adults are being urged to keep control of their own money as much as possible, including those with decision-making and capacity challenges. Almost a third of adults in Ireland (30%) have experienced financial abuse according to figures released by Safeguarding Ireland. In a RED C survey, the majority of those who experienced this type […]

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Decarbonising electricity sector will cost €2bn annually – EAI

The Electricity Association of Ireland has published a report outlining a policy and investment pathway for the decarbonisation of the sector, which it says will play a critical role if Ireland is to achieve its climate goals. It projects investment of close to €2bn annually in electricity grid reinforcement, renewal and resilience is needed to […]

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Unemployment rate rises slightly to 4.2% in October – CSO

The unemployment rate rose slightly to 4.2% in October from a near-record low of 4.1% a month earlier, new figures from the Central Statistics Office showed today. The unemployment rate for September was revised down from a provisional reading of 4.3%, the CSO said. Today’s CSO figures show that the jobless rate for men in […]

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Dollar soars, euro tumbles as Trump wins election

The dollar soared today and was set for its biggest one-day rise since March 2020 after Republican Donald Trump won the US presidential election, while the euro, Chinese yuan and Mexican peso were among the biggest losers on potential new tariffs in the regions. Trump beat Democrat Vice President Kamala Harris to retake the White […]

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Over 700 cybersecurity incidents in Ireland last year

The National Cyber Security Centre (NCSC) received 5,276 reports last year, 721 of which were confirmed as cybersecurity incidents. This led to the opening of 309 investigations. The figures are contained in the National Cyber Security Annual Update 2023 which was published today. According to the report, the vast majority of incidents were categorised as […]

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Euro zone business holds steady in October, PMI shows

Euro zone business activity held steady last month, a small improvement from September’s modest decline, supported by an expansion in the bloc’s dominant services industry that offset an ongoing – but stabilising – decline in manufacturing. HCOB’s composite Purchasing Managers’ Index for the currency union, compiled by S&P Global and seen as a good gauge […]

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Over half of firms now get electricity from renewable sources

Over half of Irish businesses are now using electricity from renewable energy sources, new research has found. The survey also established that 90% of industry leaders would be willing to pay a higher price for certified renewable energy. A majority of the 100 participants said they had signed deals to buy renewable energy in order […]

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Services sector continues to grow solidly in October

There was a sustained uptick in activity in the services sector last month, the latest AIB Ireland Services Purchasing Managers Index shows. However, growth momentum eased from September’s six-month high, the data shows. Overall the index fell from 55.7 in September to 53.8 in October. “The rate of growth in the Irish services sector was […]

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Personal loan drawdowns hit highest level ever in second quarter

Strong demand for car loans propelled the value of personal loan drawdowns to the highest level recorded during the second quarter of the year. In total 60,674 loans worth a total of €641m were provided during the April to June period. That was up 7.6% in volume and 18.9% in value, when compared to the […]

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Over 700 cybersecurity incidents in Ireland last year

The National Cyber Security Centre (NCSC) received 5,276 reports last year, 721 of which were confirmed as cybersecurity incidents. This led to the opening of 309 investigations. The figures are contained in the National Cyber Security Annual Update 2023 which was published today. According to the report, the vast majority of incidents were categorised as […]

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