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Cutting Dublin Airport charges a ‘disaster’ for Ireland, says DAA

The DAA said it was “hugely disappointed” after the Commission for Aviation Regulation (CAR) issued a final determination that sees a cut to maximum passenger charges at Dublin Airport over the next five years. But the CAR has insisted that reduced passenger charges at the gateway will still enable it to secure sufficient revenue to […]

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77% of companies planning pay hike for 2020 – Ibec

77% of companies here plan to increase pay in 2020, a new survey from employers’ group Ibec shows. The survey of over 400 firms was carried out in advance of Ibec’s HR Leadership summit today.  The average increase is expected to be of the order of 2.5%, similar to last year’s survey.  22% of companies […]

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Household debt continues to decline but still fifth highest in EU

New figures from the Central Bank reveal that while household debt continues to decline here, it remains the fifth highest in the EU. The Central Bank’s Household Credit Market Report for 2019 said that household debt stood at €136.9 billion, or €28,186 per person, in the first quarter of 2019. This compares with a level of […]

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Tax deadline looms for self-assessed taxpayers

The tax deadline for self-assessed taxpayers is at the end of the month.  It is that time of the year for self-employed and other self-assessed taxpayers to get their affairs in order before the October 31 filing deadline.  Unlike Brexit, it is a firm deadline, unless you are filing online in which case the deadline […]

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UK to focus on goods flowing as smoothly as possible

UK officials will prioritise the flow of goods into the UK over customs payments and paperwork in the event of a no-deal Brexit.  That is according to a UK government official, who said it would be possible for hauliers and others moving goods into Britain to complete customs declarations and pay duties afterwards rather than at […]

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High ranking in global pensions index masks underlying sustainability issues

High ranking in global pensions index masks underlying sustainability issues Ireland has the 11th best pensions system in the world, according to the 2019 Melbourne Mercer Global Pensions Index. The index placed Ireland ahead of countries such as Germany, the UK, France, Spain and Austria. However, the high ranking masks underlying concerns about sustainability. With […]

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Cautious welcome to Brexit deal from business groups north and south of border

Cautious welcome to Brexit deal from business groups north and south of border Business group Ibec said it was encouraged by the agreement between the EU and UK on a new Brexit Withdrawal Agreement. However, in a letter to members, Ibec CEO Danny McCoy said there had to be an awareness that the deal, if […]

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Sterling slips from 5-month high on Brexit delay jitters

Sterling slips from 5-month high on Brexit delay jitters Sterling fell over half a percent against the dollar this morning, slipping from five-month highs after the British parliament delayed a crucial vote on a Brexit withdrawal agreement. The move derailed Prime Minister Boris Johnson’s plan for a decision on his withdrawal deal. But the pound […]

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Banks to take steps to support bereaved customers

Banks to take steps to support bereaved customers The five main banks in Ireland are to set up dedicated phone lines to help bereaved customers, in an effort to improve the care of those who have lost loved ones. Access will also be given by the financial institutions to any available funds of the deceased […]

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Retail suffers September slump amid uncertainty

Retail suffers September slump amid uncertainty Retailers have had their worst month since July 2013, according to research carried out among members of lobby group Retail Excellence Ireland. The Grant Thornton Retail Excellence productivity review for quarter three shows that sales were up by just over 1pc in July and August, but down 3.34pc in […]

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