Category: Syndicated

Online marketplace DoneDeal has struck a deal with Stripe to make all sales and purchases on its site cashless and contact-free for the first time. Until now, users of the Wexford-based DoneDeal site – particularly popular for car shoppers – could list goods for sale online. But the sales themselves often required face-to-face cash handovers […]

After the European Court of Justice (CJEU) handed down another major judgement two weeks ago in the “Schrems 2.0” data protection case, discussion has focused primarily on its potential impact on the well-known companies that gather data and transfer it between the European Union and United States. Top of the list is Facebook, the company at the […]

Switching your mortgage could be one of the most financially savvy things you ever do. The Association of Irish Mortgage Advisors says an estimated eight in 10 Irish homeowners on a standard variable rate could be paying more than they need, so switching to a fixed rate could save you money each month. Switching to […]

A Spanish banking giant is to enter the Irish mortgage market in a move sure to put massive pressure on existing lenders to slash their rates. The move came as Permanent TSB cut its variable and fixed rates, and performed a U-turn by making the rates available to existing customers, not just new borrowers. Mortgage […]

Customers rushing back into shops as the lockdown eased in June lifted the value of retail sales back to pre-Covid 19 levels. Retail sales rose by a record 38.4pc in June compared to May, according to the Central Statistics Office (CSO). More strikingly, on an annual basis retail volumes were 3.5pc higher in June 2020, […]

HOUSEHOLD savings have hit their highest level since the last financial crisis. People spent less in the first three months of the year which meant that they put more money aside. The savings level was higher than any time in the last six years, the Central Statistics Office (CSO) said. “Household saving increased in the […]

HUGE changes to the working lives of millions of people as a result of the Covid-19 crisis show how a more innovative approach to work could benefit industry, according to a new report. The Institute for Public Policy Research (IPPR) said the UK was nearing a “pivotal moment”, when new working practices could be adopted […]

Online retail giant Amazon is to create 1,000 permanent jobs in Ireland over the next two years. This will bring the company’s total workforce here to 5,000 people. The positions will be based across Amazon’s Cork and Dublin sites in Blanchardstown, Tallaght, the city centre, and north County Dublin. The roles being created will range […]

The publication of the Central Statistics Office’s estimates of last year’s economic growth is normally newsworthy. But when figures appeared indicating that our gross domestic product had grown by about a quarter in 2015, it generated huge headlines, not just in Ireland but across the world. Of course, while the Irish economy performed well in […]

Euro zone business activity grew in July for the first time since the coronavirus pandemic hit, as more parts of the economy that were locked down to curtail its spread reopened and people emerged from their homes to work and spend money. Across the world almost 15.5 million people have been infected by the coronavirus […]