News

he Living Wage in Ireland has been increased to €11.70, a 20c increase for 2017. The updated amount has been driven by changes in the cost of living here and changes in the taxation system. According to the Living Wage technical group, who set the research-based figure, the current housing crisis and associated rent levels […]

The Irish grocery market grew at the fastest rate since January in the 12 weeks to June 18, as shoppers buying more offset the impact of deflation. SuperValu remains, just, in the top spot as the biggest grocery chain in terms of market share, according to the latest figures from Kantar Worldpanel. Tesco is challenging […]

More than one in two small and medium enterprises (SMEs) say that they expect no impact from Brexit, according to the AIB SME Financial Services Monitor. The positive outlook continues for SMEs that trade internationally, with more than three quarters – 76pc – of those surveyed more optimist for the future of their business in […]

Irish manufacturing experienced the strongest pace of growth in 23 months in June, defying the effects of a weaker pound and out of step with struggling British factories. UK manufacturing missed out on a demand-driven surge in activity elsewhere in Asia and Europe in June, as weakness in sterling failed to translate into export growth, […]

Before buying a policy through a broker or intermediary, always make sure that they are registered. Consumers can check the regulatory status of the firm or individual by using the Central Bank website in the Registers section. Beware of buying policies through non-traditional sources, including social media accounts or pop-up offices. Look out for the […]

The controversial ‘Help-To-Buy’ scheme is helping drive the property market to heights not seen since the boom years. Asking prices for newly listed homes in Dublin have risen by €32,000 in the past six months – with house price inflation on course for double-digit growth in 2017. Nationally, prices also rose significantly – by €24,000 […]

The UK is the slowest-growing advanced economy on earth, official statistics confirmed on Friday. GDP grew at just 0.2pc in the first three months of the year; down from 0.7pc in the previous quarter, and confirming previous estimates, the UK Office for National Statistics reported. This means that the UK economy, which had held up […]

Retailing will change more in the next 10 years than in the past 40, according to new research from Accenture, led by digitalisation. The digital wave, could bring a cumulative $2.95 trillion (€2.5 trillion) in value to the retail industry as quickly as 2025, according to the research. And Ireland will not be immune to […]

HBAN, the all-island group responsible for the promotion of business angel investment in Ireland, has won the best Business Angel Week award at the European Business Angel Awards. Angle investment provides capital for business start-ups, often in exchange for a share of ownership in the company. HBAN, which is a joint initiative of InterTradeIreland and […]

The Irish government has secured deals with more than a dozen London-based financial houses and banks which will see the firms move some of their business to Ireland, according to a report in the Guardian. The head of Ireland’s Industrial Development Authority (IDA), Kieran Donoghue, told the publication that each of the companies in question […]