THE Government has been urged not to ease up on insurance reform after 1,000 jobs were saved when play centres secured insurance cover. Some 61 play centres were threatened with closure over difficulties getting insurance. The Alliance for Insurance Reform said there was still a need for major changes in the insurance and legal sectors. […]
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Self-employed people to qualify for extra jobseeker’s payments under new initiative Self-employed people will become eligible to claim a jobseeker’s welfare payment from November, based on their social insurance contributions. Minister for Employment Affairs and Social Protection Regina Doherty has said the initiative will provide an income safety net to thousands of small and medium […]
US watchdog swoops on $55bn oil merger The US Securities and Exchange Commission (SEC) yesterday obtained an asset freeze in connection with suspected fraudulent trading in Anadarko Petroleum Corp before the oil company agreed to be acquired by rival Chevron. US District Judge Gregory Woods in Manhattan granted the freeze over accounts linked to suspicious […]
Self-employed to qualify for welfare pay of €203 a week Self-employed workers will be entitled to weekly jobseeker payments if they become unemployed from November. The new social insurance benefit scheme, announced today, aims to provide assurance to people setting up or running their own business. Up to €203 will be provided for nine months […]
Decrease in number of workers earning minimum wage or less There was a 9% decrease in the number of workers earning the minimum wage or less in the last three months of 2018 compared to the previous year, according to CSO figures. 7.6% of employees earned the minimum wage or less in Q4 of 2018, […]
Govt launches plan to boost financial services sector The Government hopes to increase direct employment in the financial services sector to 50,000 by 2025, according to a new strategy launched this morning. The ‘Ireland for Finance’ plan is the latest Government initiative targetting the international financial services sector. There were 44,000 people directly employed in […]
Mortgage approvals soar but would-be buyers wait on supply NEW figures show the scale of pent-up demand among would-be home buyers with approvals running well ahead of mortgage drawdowns. Figures from the Banking and Payments Federation, which represents lenders, show that 8,577 new mortgages to the value of €1.884bn were drawn down by borrowers during […]
Govt wants Central Bank in financial sector forum New structures to encourage the development of international financial services will include bringing the Central Bank into a new stakeholder engagement group with industry and see overall responsibility for promoting the sector shifting to the Department of Finance. A new strategy for the sector will be launched […]
Increase in value and volume of mortgages drawn down There was an 8.9% increase in the number of mortgages drawn down in Ireland in the first quarter of this year, according to the body representing the banking, payments and fintech sectors. Figures published by the Banking & Payments Federation Ireland show 8,577 new mortgages, to […]
Rich nations must help workers adapt to automation, says OECD Robots and computers threaten 14% of existing jobs over the next 20 years, so countries must retrain workers for a transformed labour market, the Organisation for Economic Cooperation and Development has warned today. In a report, the OECD estimates that in addition to the destruction […]
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Recent News
Fed cuts rates but sees slower pace of further reductions December 19, 2024
Residential property prices up 9.7% in October – CSO December 19, 2024
Spending by BOI customers up 6.8% on Black Friday December 19, 2024
Holyhead Port to stay closed until 15 January ‘at the earliest’ December 18, 2024
Planning permissions down 10.9% in third quarter – CSO December 18, 2024
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Park House,
Main Street,
Loughrea,
Co. Galway.
EirCode: H62 HX65
Telephone: +353 (0)91 841518
Mobile: +353 (0)86 2550866
Fax: +353 (0)91 842663
Email: michael@michaelfdolan.ie
Web: www.michaelfdolan.ie
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