Category: Syndicated

Government plans to have one million electric vehicles on roads by 2030

The Government Climate Action plan – to be published today – will aim to have almost one million electric vehicles in operation in Ireland by 2030. The plan going to Cabinet this morning seeks to chart a course for a reduction in greenhouse gas emissions of 51% by the end of the decade. It will […]

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Central Bank’s pledge on climate change action

Central Bank Governor Gabriel Makhlouf has written to the chairs and CEOs of regulated financial companies to remind them of their obligations around climate change. The Central Bank also said that it has endorsed the “Glasgow Declaration” made at COP26 today by the Network for Greening the Financial System, which is made up of central […]

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Central Bank’s pledge on climate change action

Central Bank Governor Gabriel Makhlouf has written to the chairs and CEOs of regulated financial companies to remind them of their obligations around climate change. The Central Bank also said that it has endorsed the “Glasgow Declaration” made at COP26 today by the Network for Greening the Financial System, which is made up of central […]

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Jobless rate including Covid payments falls to 7.9% in October

Unemployment fell to 7.9% last month, according to the latest figures from the Central Statistics Office, and it includes those in receipt of the Pandemic Unemployment Payment. This compares to the Covid-adjusted rate of 8.9% in September and 20.3% in October 2020. The traditional, seasonally adjusted rate of unemployment, stood at 135,200 people or 5.2% […]

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Services sector prices, backlogs hit 21-year highs – PMI

Growth in the services sector eased slightly in October from the previous month but remained near historic highs as the Covid-19 recovery pushed growth in prices and work backlogs to their highest levels in 21 years. The AIB IHS Markit Purchasing Managers’ Index (PMI) inched down to 63.4 from 63.7 last month and from a […]

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Services sector prices, backlogs hit 21-year highs – PMI

Growth in the services sector eased slightly in October from the previous month but remained near historic highs as the Covid-19 recovery pushed growth in prices and work backlogs to their highest levels in 21 years. The AIB IHS Markit Purchasing Managers’ Index (PMI) inched down to 63.4 from 63.7 last month and from a […]

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Corporation tax in October almost €1bn ahead of target

The public finances continued to recover last month, according to the latest Exchequer figures from the Department of Finance. There was an Exchequer deficit of €7.438 billion recorded at the end of October, an improvement of just over €4 billion on the deficit recorded over the same period last year. Tax revenue continues to come […]

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Households’ wealth hits new high of €312.8 billion

New figures from the Central Statistics Office show that households saved over €31 billion in 2020, bringing their financial net worth to an all-time high of €312.8 billion. The CSO said this is almost three times the level of saving before the Covid-19 pandemic and is the result of higher household incomes and lower consumer […]

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‘Global business community not prepared to deal with climate emergency’

The global business community is not prepared to deal with the climate emergency, according to Accenture’s Global Sustainability Services Lead Peter Lacy. The United Nations Global Compact is a non-binding UN pact to encourage businesses and firms worldwide to adopt sustainable policies. In its latest report with Accenture, it found that only 18% of CEOs […]

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28% rise in new companies registered so far this year

There has been a 28% rise in the number of new companies registered in Ireland in the first nine months of the year compared with the same time in 2020, according to CRIF Vision Net. However, the figures suggest that start-up activity slowed in the third quarter, with growth of just 4%. This compares to […]

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