Category: Syndicated

Retailers must avail of alternatives to grants

Q: I’m in the process of opening a new shop. Can you point me in the direction of grant assistance that would be available to help me with the fit-out? A: Sadly, there is no grant assistance available for retail operations. There are lots of grants available for manufacturing businesses, but as you will be […]

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Ireland showed us way with low corporation tax: adviser

One of Donald Trump’s key economic advisers has said the United States wants to “emulate Ireland” under the president-elect’s corporate tax policies. Stephen Moore said the US had learned a lesson in business development and competitiveness from Ireland. Mr Moore warned last week that a “flood of companies” would leave Ireland when Mr Trump implemented […]

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Costs rise as pace of construction activity surges to highest level in seven months

The pace of construction activity in Ireland has surged to its highest level in seven months, according to data released by Ulster Bank today. The acceleration of construction output has seen demand for workers rise, with a third of Irish building firms reporting an increase in employment. The rate of hiring hit an eight-month high […]

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Economy can overcome Brexit uncertainty, says Moody’s

The Irish economy will be able to shake off the uncertainty posed by the Brexit vote, Moody’s has said. The ratings giant said Ireland would continue to outperform other European countries, forecasting the economy would increase by 3.4pc this year and 3.1pc in 2017. That’s more conservative that the predictions from the Department of Finance, […]

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European banks continue on a Trump roll

European lenders got a second-day boost after Donald Trump’s presidential win on speculation that his term will lead to increased inflation and an easing of financial rules. UBS Group and Credit Suisse Group, which get more than 35pc of their revenues from the Americas, helped lead the rally that pushed Europe’s banks to their best […]

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Bachelors and bachelorettes will gather to celebrate SinglesDay – and go on €12bn shopping spree

Today, bachelors and bachelorettes across China will gather to celebrate SinglesDay – a day in the Chinese calendar where those not romantically involved celebrate being unattached. The date, November 11, is chosen because the number “1” is said to resemble an individual that is alone. It’s referred to as ‘Bare Sticks Day’ in China, because […]

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‘Flood of companies’ to leave Ireland due to US tax cuts

The Government is facing urgent calls to act swiftly to protect US investment in Ireland after a top adviser to Donald Trump warned a “flood of companies” will leave under the new regime’s tax plans. The serious threat issued by Mr Trump’s economic adviser Stephen Moore sent shockwaves through political circles yesterday as the fallout […]

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Motor Insurance premiums fall for the first time since early 2014

Motor insurance premiums fell last month, for the first time in years. New inflation figures from the Central Statistics Office show that motor insurance costs fell by 8.2pc in October compared to the previous month. This is in contrast to rises of close to 40pc in the summer. The cost of insuring a car and […]

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CRH up by €2bn as Trump cements US victory

Ireland’s stock market bucked declines among European peers yesterday after Donald Trump’s landmark election win, with an 8pc-plus surge in CRH shares boosting the Iseq Overall Index by over 2pc as US markets opened. The rocketing CRH share price added about €2bn to the company’s market capitalisation, valuing it at €26.8bn. CRH is Ireland’s biggest […]

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Debt reduction at slowest level in almost eight years – Central Bank

The pace of debt reduction in households eased in the three months to the end of June to its slowest level in almost eight years, according to data from the Central Bank. The level of debt was virtually unchanged, falling by less than €200m, compared with the period between January and March. This was the […]

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