Category: Syndicated

Consumer optimism high but business sentiment weaker

Four in five people here think house prices will rise this year and consumer confidence remains high but there are signs that business sentiment has weakened. Bank of Ireland’s Economic Pulse, which combines a range of measures of consumer and business sentiment into a single number index, stood at 92.4 in May, lower than in […]

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The top nine jobs of the future – will you be employed?

As industries change and evolve, there is a risk of many roles becoming redundant, with this in mind, the world’s largest job site Indeed, has compiled a snapshot of future-proofed roles for Ireland. 1. Cyber security expert Not only is Dublin a booming tech hub that more than 1,200 multinationals call home, but it also […]

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Property tax take too low, says EU in warning over ‘volatile revenue’

The property tax take in Ireland is below the EU average, and we rely too much on “volatile revenue sources”, the European Commission has warned. It says Ireland is at “risk of some deviation” from EU budget rules this year and next, and will need “further measures” worth 0.6pc of GDP, or around €1.5bn in […]

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Social network site in €180k commitment to help Irish jobseekers

LinkedIn has announced a new partnership with Jobcare aimed at connecting communities in need with economic opportunities to make their visions a reality. Over the next two years, LinkedIn, the world’s largest professional social network, will provide €180k in funding through the company’s social impact programme, LinkedIn for Good. “With our EMEA headquarters in Dublin, […]

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Revealed: Homebuyers race for deals as €20,000 grant faces axe

Fine Gael leadership frontrunner Leo Varadkar risks causing further chaos in the housing market after pledging to abolish the Help to Buy scheme if it proves to be inflating prices. Estate agents have claimed that prices could further rise in the short-term as first-time buyers scramble to buy properties amid fears the grant will be […]

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Five things you need to know about Peer-to-Peer lending

Following the announcement from Linked Finance, an Irish Peer-to-Peer (P2P) lending platform, that it has received full authorization by the UK’s Financial Conduct Authority (FCA) which will enable it to move into the UK market, we have the top five things you should know about P2P lending. One – It was invented in Ireland! P2P […]

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Irish peer-to-peer lending platform receives UK authorization

Linked Finance, an Irish Peer-to-Peer (P2P) lending platform, has received full authorization by the UK’s Financial Conduct Authority (FCA) which will enable it to move into the UK market. The approval comes as the Department of Finance initiates a public consultation process on the potential introduction of regulation of the P2P sector in Ireland. The […]

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EU won’t loosen rules to ease pain of Brexit – Noonan

Brexit isn’t a good enough argument to persuade the EU to loosen its strict budgetary rules to allow for more spending, Finance Minister Michael Noonan has signalled. Mr Noonan has said he wants to spend more money on much-needed capital investment, but argued that he is hamstrung by the European Union’s fiscal rules, which limit […]

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Bank of Ireland names high-ranking female banker as new CEO

Bank of Ireland has appointed a high-ranking female banker, Francesca McDonagh, to succeed Richie Boucher as chief executive officer later this year. The bank confirmed McDonagh, who is 42 and from the UK, will take over the reins on October 2. She is the first female CEO of an Irish bank and saw off internal […]

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C&C playing ‘long game’ in US as its asset value is cut by €129m and revenue slumps

Bulmers and Magners owner C&C is under no pressure from shareholders to sell its US operations, after slashing the value of its assets there by €129m during its last financial year, according to CEO Stephen Glancey. The company said the carrying value of its US assets is now €45m. Mr Glancey said the long-embattled US […]

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