News

New financing platform aims to support the construction of 250 homes with €60m of loans

Initiative Ireland is aiming to finance €60m in construction loans to fund 250 family homes. It intends to launch Ireland’s first syndicated property finance platform in September to raise cash from investors, or members, and lend it on to builders. Initiative Ireland will offer its private syndicate members a return of 3.5pc APR to 7.5pc […]

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Guinness has a €16m expansion plan in store

UP TO 300 construction jobs will be created as part of a €16m expansion of the landmark Guinness Storehouse in Dublin, Ireland’s most-visited fee-paying tourist attraction. The plan will see the Gravity Bar doubling in size, with capacity for 500 people at any one time. That’s being achieved by directly linking a new 360 degree […]

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UK still the top destination for emigrating Irish professionals

The UK remains the top destination for professionals leaving Ireland, despite the country’s intention to leave the European Union. The level of movement between both countries did fall marginally however, with approximately 26pc of all talent leaving Ireland opting for the UK between October 2016 and April 2017, compared to approximately 27pc in the previous […]

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Shopify to create 100 new jobs in Galway

Shopify, a cloud-based, multi-channel retail platform designed for small and medium-sized businesses, is creating 100 new jobs in Galway with the help of IDA Ireland. The roles will be in the area of support staff, and recruitment is expected to start next month. Known as “Gurus” Shopify’s Irish support staff are all remote workers, meaning […]

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Software company Zendesk to create 300 jobs in Dublin

loud-based provider of customer service Zendesk is to create 300 jobs in Dublin over the next three to four years. The roles will be in a number of areas including engineering, developing, sales, legal, and finance. The move will bring its total headcount in Dublin to in excess of 500 employees. Founded in a Copenhagen […]

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Fresh bubble fear as property prices jump yet again

The surge in property prices has picked up pace, with a renewed increase in Dublin values. Prices nationwide jumped by almost 12pc in the year to May, according to the Central Statistics Office (CSO). This compares with an increase of 10pc in the year to April. The rise for the month of April was 2pc, […]

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Increase of 6pc in number of start-ups on 2016

Almost 1,900 start-up companies were established on average each month in the first six months of 2017, an increase of 6pc compared to the same period in 2016. The most popular sector for company start-ups was professional services, with almost 20pc of new companies operating in this area, according to research from business and credit […]

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Adrian Weckler’s guide to technology for small businesses

10 tech health checks for your business 1 How to smoothly upgrade your old work laptop  People put off upgrading to a modern, fast, secure laptop because of the hassle factor in moving files and documents. “I know where everything is on my current machine” is a common refrain. But you’re risking a breakdown if […]

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Bank of Ireland new shares set at €7.38

Bank of Ireland’s new shares started trading Monday at €7.38 each –compared to the 24.60 cents each where they closed last Friday. The bank has completed a reorganisation that included swapping every 30 old shares for one new share – a process known as a reverse split or stock consolidation. Shareholders still hold their stake […]

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Customer databases may soon become more trouble than they are worth

In June 2015, UK pub chain JD Wetherspoons was hit by a cyber attack. More than 650,000 emails and some staff details were stolen. When the breach was discovered, the company’s founder and chairman sounded an interesting note on security. “As far as I’m concerned, there’s no need for Wetherspoon to hold customer information in […]

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