News

The European Commission has revised upwards the country’s GDP growth projections to 7.2% for this year after a stronger than expected economic performance in the first quarter of 2021. This is well ahead of the 4.6% growth the Commission was predicting as recently as May and marks the second highest growth level in the EU, […]

Over 2.2 million contactless payments were made every day in May, new figures from Banking and Payments Federation Ireland show today. BPFI said this marked the highest daily level since its contactless data series began in 2016. May saw a total of 67.2 million contactless payment made over the course of the month worth over […]

Today is the last day that people can apply to receive the Pandemic Unemployment Payment, with the scheme shut to new entrants from tomorrow onwards. It was due to close to new registrations last week, but following the decision by the Government to delay the resumption of indoor hospitality, it was extended for a further […]

Tánaiste Leo Varadkar has said he expects insurance premiums will be reduced “quite soon” after preliminary data from the Personal Injuries Assessment Board suggested the average award has decreased by around 50%. The information is contained in the first implementation report of the Action Plan for Insurance Reform, which he presented to Cabinet at Dublin […]

Preliminary data from the Personal Injuries Assessment Board suggests that the average award has decreased by around 50%. The information is contained in the first implementation report of the Action Plan for Insurance Reform, which Tánaiste Leo Varadkar is expected to present to Cabinet at Dublin Castle this morning. Mr Varadkar, who is also Minister […]

Hospitality representatives were told today that indoor dining could reopen for 1.8 million fully vaccinated people with a self-regulated vaccine pass system. A document or email proving vaccination against Covid-19 could be used to secure entry to indoor hospitality. A letter will shortly be issued to fully vaccinated people ahead of the return of non-essential […]

New figures from the Health and Safety Authority (HSA) show that the number of people who died in work-related incidents last year rose 13% to 53, despite many workplaces being closed for long spells due to Covid-19 restrictions. However, there was also a substantial decline in the number of non-fatal incidents reported to the authority, […]

Talks between the hospitality industry and Government representatives to find a way of allowing indoor hospitality to resume will get under way later. Indoor drinking and dining in pubs and restaurants had been due to recommence today, as part of the next phase of easing restrictions. The Government decided last week to delay resuming indoor […]

Growth in activity in the services sector increased further in June but cost pressures continued to intensify for firms with input price inflation hitting its highest level since 2008, a survey reveals today. AIB’s IHS Markit Purchasing Managers’ Index (PMI) rose to 63.1 from 62.1 in May, the highest level in more than five years. […]

Thursday saw the OECD forge a landmark deal to reform the global corporation tax system. Brokered among 130 countries and jurisdictions, the accord aims to modernise and stabilise what’s seen as an outdated and divisive means of calculating and collecting what large multinationals owe and pay in tax. But Ireland isn’t on board as yet, […]