News

UK economy shows no growth in July as manufacturing sags

Britain’s economy stagnated for a second month in a row in July as manufacturing output dropped sharply, an inauspicious start for the new government of Prime Minister Keir Starmer who wants to accelerate the pace of growth. Economic output showed no change in month-on-month terms in July, as it did in June, data from the […]

Continue Reading

Apple tax funds ‘cannot be used for day-to-day spending’, says Tánaiste

Taoiseach Simon Harris has said that the €14 billion in tax due to Ireland following the ruling against Apple cannot be used for day-to-day spending, adding that the Government will give careful consideration on how best to use the funds. Apple this morning lost its fight against the European Commission’s ruling that it underpaid €13 […]

Continue Reading

Tourism providers report disappointing summer season

New research from Fáilte Ireland has found the crucial summer tourism season was a disappointing one for more than half of operators here. 53% of those industry providers had fewer customers this summer than last, with 23% reporting similar levels and 24% recording more. The data from the national tourism development authority also found that […]

Continue Reading

State completes latest renewable energy auction, but at relatively high price

The State has completed the fourth auction under the Renewable Energy Support Scheme (RESS 4). The process saw more than 2GWh of capacity provisionally procured, enough to power up to half a million homes. Four wind farms will provide 1,146 GWh of that total, coupled with solar projects that will generate 925GWh. The average weighted […]

Continue Reading

Australia plans social media minimum age limit

Australia plans to set a minimum age limit for children to use social media citing concerns about mental and physical health, sparking a backlash from digital rights advocates who warn the measure could drive dangerous online activity underground. Prime Minister Anthony Albanese said his government would run an age verification trial before introducing age minimum […]

Continue Reading

Draft review of stamp duty does not advocate for increase in rate

A review of the stamp duty rate on the purchase of ten or more homes is not advocating for a hike in the 10% rate. RTÉ News has learned that the early draft of the Department of Finance’s review favours leaving the rate unchanged. The study of the rate commenced earlier this year following a […]

Continue Reading

Irish employers least likely to use AI – global survey

Irish employers are least likely to use artificial intelligence (AI) in the workplace, according to new global research. The survey of 79,000 businesses across Australia, Canada, Ireland, New Zealand, and the UK was conducted by HR firm The Peninsula Group. The research found that employers in Australia and New Zealand are the most likely to […]

Continue Reading

Irish employers least likely to use AI – global survey

Irish employers are least likely to use artificial intelligence (AI) in the workplace, according to new global research. The survey of 79,000 businesses across Australia, Canada, Ireland, New Zealand, and the UK was conducted by HR firm The Peninsula Group. The research found that employers in Australia and New Zealand are the most likely to […]

Continue Reading

Construction PMI flat for second month in a row in August

Construction activity was flat for the second month in a row in August, according to the latest Purchasing Managers’ Index from BNP Paribas Real Estate Ireland. The construction PMI showed a reading of 50 – the no-change mark – and which was broadly in line with the figure of 49.9 posted in July. The latest […]

Continue Reading

Irish wind farms set new August generation record

Wind Energy Ireland said that wind generation here hit the highest on record for the month of August. Its figures show that wind power generation in August totalled 1,068 gigawatt-hours (GWh), an increase of 3% when compared to the previous record set during the same month last year at 1,042 GWh. Wind Energy Ireland said […]

Continue Reading