Category: Syndicated

Shift in post-Brexit jobseeker activity evident in certain sectors – Indeed

A shift away from the UK as a destination for European job seekers post-Brexit is manifesting in increased interest in certain categories of Irish jobs, according to research from online recruitment company Indeed. Under the UK’s new immigration regime, which ends freedom of movement and requires applicants to meet certain criteria, European workers are finding it […]

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Half of firms plan to adopt remote working long-term

51% of businesses plan to adopt remote working on a permanent basis, according to new research carried out by CIPD Ireland. The data was published by the umbrella body for Human Resources and learning and development, to mark 12 months of living and working with Covid-19 restrictions. The findings show that over three-quarters agreed workers […]

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Central Bank says new housing equity scheme could put pressure on prices

The Central Bank has raised questions about the shared equity scheme proposed by Minister for Housing Darragh O’Brien to help first-time home buyers. In a letter to the Oireachtas Housing Committee, the bank said the initiative could result in “upward pressure on house prices” if demand for homes increases. The letter by the bank’s Director of […]

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Contactless payment values up by almost a third – BPFI

The value of contactless payments rose by almost 30% year on year in January to €674m as consumers took advantage of the extended ‘tapping’ limit of €50, according to figures from the Banking and Payments Federation Ireland. Contactless accounted for less than half of all card payments in January, despite the increase in the tapping […]

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Lockdown dealt €2bn hit to construction output in 2020 – report

The initial shutdown of the construction sector for seven weeks during the initial stages of the Covid-19 pandemic knocked €2bn off construction output last year. That is according to a report carried out by EY DKM on behalf of the Construction Industry Federation.  Analysing official data, the report concluded that the shutdown – which started […]

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Premium hikes likely as rebuild costs rise

Homeowners could face increased buildings insurance premiums because of a hike in the cost of rebuilding a home, according to a report from the Society of Chartered Surveyors. The latest Guide to House Rebuilding Costs shows that the national average outlay associated with rebuilding has increased by an average of 7.3% over the past 18 […]

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AIB, BoI and PTSB used loss reliefs worth almost €500m over three year period

The Minister for Finance, Paschal Donohoe, has confirmed that the three banks in which the state has shares utilised loss reliefs of almost €500m against their corporation tax bill over a three year period. In a written Dail reply to Labour Finance spokesman, Ged Nash, Minister Donohoe confirmed that AIB, Bank of Ireland and Permanent TSB (PTSB) have utilised tax losses of €493m against their corporation […]

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AIB, BoI and PTSB used loss reliefs worth almost €500m over three year period

The Minister for Finance, Paschal Donohoe, has confirmed that the three banks in which the state has shares utilised loss reliefs of almost €500m against their corporation tax bill over a three year period. In a written Dail reply to Labour Finance spokesman, Ged Nash, Minister Donohoe confirmed that AIB, Bank of Ireland and Permanent TSB (PTSB) have utilised tax losses of €493m against their corporation […]

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UK pushes back timetable for post-Brexit border checks

Britain has delayed by around six months its plans to introduce a range of post-Brexit border checks on goods imported from the European Union, saying it had listened to businesses which needed more time to prepare. The immediate introduction of checks and paperwork on goods exported from Britain into Europe has delayed the arrivals of […]

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ECB to boost emergency bond buys, keeps rates unchanged

The European Central Bank has left its key interest rates unchanged after today’s Governing Council meeting. However, the ECB has said it expects to buy bonds under its Pandemic Emergency Purchase Programme (PEPP) “…at a significantly higher pace than during the first months of this year.” The size of the PEPP at €1.85 trillion remains […]

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