Category: Syndicated

Cyber Monday offers €53m boost to embattled retailers

Cyber Monday – the busiest online sales day of the year – is predicted to boost Irish retailers’ coffers to the tune of €53m. The annual online sales splurge that traditionally takes place tomorrow is the online equivalent of Black Friday, the biggest shopping day of the year in the US. As Irish consumers grow […]

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How to shield your pension from Brexit and Trump as higher inflation looms nearer

Irish investors in their early 60s who have yet to retire could be among the most vulnerable to Brexit and any uncertainty in financial markets triggered by the election of Donald Trump. Some of the largest bond holders include private pension holders who are nearing retirement. These people also typically have a good portion of […]

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Irish economy to slow on weaker UK forecast

The British government has cut its growth forecast for next year in the wake of the Brexit vote, which could have a small knock-on effect on Ireland’s growth prospects. The UK economy is now expected to grow by 1.4pc next year – down from the previous 2.2pc forecast. The Finance Department has stated that a […]

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Revealed: The phony tech discounts to be aware of on ‘Black Friday’

Tomorrow is ‘Black Friday’, when big retailers here offer up what are advertised as big savings on tech products. Some of it is very, very iffy. That 40pc saving being quoted on a telly, laptop or camera? Try 10pc. Or 0pc. For example, Harvey Norman is selling Sony’s RX100 camera in a “Black Friday” deal for €429, […]

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All you need to know about the rule change for first-time buyers – and how it’s expected to spark building surge

New buyers will end up with more money; Lane says rules were too complicated. The Central Bank has made a dramatic change to its mortgage lending rules, in a move that is expected to lead to a surge in home building. However, there are also fears that the loosening of the lending limits will lead to […]

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Irish exporters may relocate operations to UK – Boucher

Irish companies selling into the British market may opt to move some operations to the UK as a result of Brexit, Bank of Ireland chief executive Richie Boucher has said. Mr Boucher told the Finance Committee that he was “surprised” by how little impact the vote had so far had on Ireland and the UK. […]

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Irish Business: Where to now post Brexit and Trump?

These are uncertain times. The seismic shift in world and European politics following Brexit and the election of Donald Trump as 45th President of the United States has led to an environment of global political and economic uncertainty and challenging and uncertain times ahead for Irish businesses. 2016 has been a landmark and unprecendented year […]

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Ireland listed amongst top EU countries for big data investment

The vast majority of global corporates have identified Ireland as a possible or likely location for data-driven investment in the next year, new research has found. According to Europe for Big Data, a report produced by William Fry alongside Forbes Insights, 61pc of global companies will look to invest substantially into data over the next […]

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Euro zone GDP rises as trade surplus of €26.5bn recorded

GDP grew 0.3 per cent in the euro zone in the third quarter compared to the same period a year earlier and was up 0.4 per cent for the bloc of 28 European Union member states, according to official figures. Gross domestic product in the 19-nation currency union also rose 0.3 per cent in the […]

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Is end of austerity nigh?

Yesterday the European Commission kicked off its 2017 economic semester – its annual cycle of budgetary surveillance introduced in the wake of the financial crisis. But tacked on to the usual analysis of the budgetary plan of each member state was a “communique” which recommended that the euro zone embrace a policy of fiscal expansion […]

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