News

ESB, though its business line Smart Energy Services, is set to deliver €150m in savings on energy costs to over 300 large businesses across Ireland and the UK. Savings will be delivered through a range of measures including auditing companies to help them bring about changes in their energy use, help with retrofitting in buildings […]

Ireland’s most successful technology entrepreneur has warned that soaring housing costs threaten to derail Dublin’s future and its investment potential. Patrick Collison, the 29-year-old Limerick-born billionaire co-founder of payments firm Stripe, who has announced a major new jobs expansion in Dublin, told the Irish Independent that the capital’s housing spike is being noted as far […]

An app that will give local businesses the chance to compete online with big brands is launching this week. According to its creator Philip Cullen, RUBAN is about shopping local and keeping the country’s high streets busy. Local businesses will be able to manage a business profile on the app and post notifications about their […]

AgTech accelerator programme Yield Lab Europe has opened for applications from start-up companies for its 2018 programme. Under the programme, the Galway-headquartered Yield Lab will support up to eight companies with an investment of €100,000. In addition the chosen start-ups will receive mentoring and training to help them turn their ideas into successful internationally scalable […]

The Irish small and medium enterprise (SME) lending market has become increasingly concentrated in the last six months. There are now fewer banks in Ireland holding an ever larger market share of the lending to SMEs, according to the Central Bank’s SME Market Report. According to the data, this sentiment is applicable to both outstanding […]

With the CAO deadline tomorrow, Leaving Cert students will be busy considering their options for third-level study—and their future career. Ahead of this, jobs platform IrishJobs.ie has revealed the top five sectors with the most vacancies for graduate-level roles. Unsurprisingly, leading the way are vacancies in banking, financial, and insurance sectors, which top the list. […]

Finance Minister Paschal Donohoe will nominate Central Bank Governor Philip Lane as a candidate to become vice-president of the European Cenral Bank, government sources have confirmed. The Cabinet is understood to have signed off on the decision on Tuesday. The Irish Central Bank governor will be nominated to replace ECB vice-president Vitor Constancio steps down […]

The output of housing in Ireland needs to treble over the coming years in order to meet demand, according to the Goodbody housing tracker report. Last year housing output grew by 77pc. However, with medium-term housing demand running at around 35,000 houses per year, Goodbody said that it was likely that the Government will also […]

Unemployment in January fell to 6.1pc, a small decrease on the 6.2pc recorded in December, and a more substantial decrease from the 7.4pc reported in January 2017. The seasonally adjusted number of persons unemployed was 143,700 this month, a decrease from 146,700 in December, and a decrease of 28,600 when compared to January 2017, according […]

Nearly half of workers can expect a pay rise this year as more and more employers plan to hike wages. That’s according to Bank of Ireland’s monthly Economic Pulse survey, which found firms in all sectors have lifted their expectations for business activity in January. The January data shows that 44pc of businesses are planning […]