Category: Syndicated

New online portal for disruptive technology companies

A new national online searchable database has been set up by IDA Ireland, in partnership with Enterprise Ireland, to profile Irish based companies and multinational companies that have capacity in disruptive and sustainable technologies. Funding was secured under the Public Service Innovation Fund to build the new portal. It will allow companies to identify collaborators, […]

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Soaring price inflation set to continue

The ESRI is set to warn later this week that soaring price inflation could be with us for up to two years. Many economists had predicted high inflation would ease this year, but Russia’s invasion of Ukraine means that higher energy and fuel prices are likely continue for the foreseeable future. Last week the US […]

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Monthly online retail sales slow to 5.8% in January

New figures from the Central Statistics Office show that the proportion of retail sales conducted online fell to 5.8% in January of this year compared to 9.7% during the previous month. It also marked a fall from a rate of 11% in January 2021 but was up from a rate of 3.2% in January 2020, […]

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New website to help Irish businesses welcome Ukrainian refugees

A new website has been launched that will allow Irish businesses to make “welcome offers” of free or discounted goods to people fleeing the war in Ukraine. The ‘Tech For Good Dublin’ community has established the new site which is called ‘Pryvit.ie’. ‘Pryvit’ means hello in Ukrainian and the aim of the not-for-profit initiative is […]

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New website to help Irish businesses welcome Ukrainian refugees

A new website has been launched that will allow Irish businesses to make “welcome offers” of free or discounted goods to people fleeing the war in Ukraine. The ‘Tech For Good Dublin’ community has established the new site which is called ‘Pryvit.ie’. ‘Pryvit’ means hello in Ukrainian and the aim of the not-for-profit initiative is […]

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Record high electricity generation from wind last month – GNI

There was reduced reliance on gas for our electricity needs in February, according to Gas Networks Ireland, as multiple storms brought wind generation capacity to a record high. Wind generated just over half of Ireland’s electricity needs in the month, peaking at 77% and never dipping below 8%, the latest Gas Demand Statement showed. That […]

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How switching bank may not be as simple as you think

Mary* has been a customer with Ulster Bank for 30 years. She is a sole trader based in the west of Ireland. She is 60 and considers herself to be reasonably tech-savvy since she has a successful business, selling her products online. All of her personal and business banking is done through Ulster Bank. The […]

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Customers facing ‘real difficulties’ as energy costs rise

Price increases for gas and electricity announced by Bord Gáis are difficult, but reflect the underlying volatility of wholesale prices in the market, according to the chairperson for the Commission for Regulation of Utilities (CRU). Aoife MacEvilly said: “Even with competitive pressures, the reality is we’ve got very high and volatile wholesale gas prices, which […]

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New Central Bank rules on insurance loyalty from July 1

New rules aimed at ensuring motor and home insurance customers do not get penalised for their loyalty are to come into effect from July 1. It means that from that date it will not be possible for insurers to charge any renewing customer a premium that is higher than they would have charged a consumer […]

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More lenders likely to hike fixed rates in weeks ahead – Treasury specialist

More lenders are likely to follow the lead of ICS Mortgages in the coming weeks in raising fixed rate products, according to one treasury specialist who works with businesses on their financial planning and lending needs. John Finn, Managing Director Treasury Holdings and Founder of the Treasury Hub, said the move upwards was entirely predictable […]

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