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Ryanair ranked ninth biggest airline in world on Forbes list

RYANAIR has been ranked the ninth biggest airline in the world in the Forbes list. Ranked at number 742, the biggest airline on the list was Delta followed by United Continental Holdings. Aer Lingus and BA owner was third and Lufthansa was fourth in the list of the world’s biggest public companies by sector. Unsurprisingly, […]

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Domino’s Pizza tapping in Euro 2016 takeaway market with creation of 600 jobs here

DOMINO’S Pizza is tapping into the Euro 2016 and Olympics markets with the creation of 600 jobs in Ireland and 10,000 roles in run-up to games. It is also creating 400 jobs in Northern Ireland with the majority of the roles being created across the UK in anticipation of a run on pizza orders from […]

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Rising rents and political uncertainty limits savings

Level of people who felt it was a good time to save fell in May to lowest point since 2015 The level of people who felt it was a good time to save fell in May to its lowest point since December 2015, according to the Nationwide UK (Ireland) Savings Index. The Savings Environment sub-index, […]

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Rising rents and political uncertainty limits savings

The credit union at the centre of a fraud allegation had fake loans and two sets of deposit books. Rush Credit Union is now under investigation by the gardaí and forensic accountants appointed by the board of Rush Credit Union, on the advice of the Central Bank. The revelations come as pressure mounts on smaller […]

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Broadband users face price hikes of 18% from September

Telcos say they intend to pass on Eir’s increase in wholesale rates to consumers Consumers can expect an 18 per cent hike in broadband prices from next September as a result of changes to Eir’s wholesale rates. The State’s largest telco rents space on its network to rival operators such as Vodafone, BT, Magnet and […]

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Under-fire credit union ‘had fake loans and two sets of deposit books’

The credit union at the centre of a fraud allegation had fake loans and two sets of deposit books. Rush Credit Union is now under investigation by the gardaí and forensic accountants appointed by the board of Rush Credit Union, on the advice of the Central Bank. The revelations come as pressure mounts on smaller […]

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Multi-million euro scheme set to provide interest-free cash flow to dairy and grain farmers

A €55m scheme to provide interest-free cash flow supports to dairy and grain farmers with Glanbia Co-op has been confirmed as part of a move to combat volatility. Glanbia confirmed the advance payment scheme will offer farmers who are members of their co-op the chance to draw down the loans when the market prices for […]

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Tax cuts will overheat the economy says OECD

Government policies need to change to make the economic recovery more “inclusive” but spending also has to be controlled to mitigate the risk of a new downturn, according to a new report in the Irish economy. Cutting taxes risks overheating the economy, it said. The Organisation for Economic Cooperation and Development (OECD) released its global […]

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EY to create 270 new jobs and open two new offices

Financial services firm EY is to create 270 new jobs and open two new offices in Dublin and Galway as part of a major expansion in Ireland. EY is committing to recruiting 220 new experiences hires as well as increasing its annual graduate intake from 200 to 250 across its seven offices. The average salaries […]

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Irish competitiveness gains overstated says watchdog, as skills gap pushes up costs

A global ranking highlighting a marked improvement in Ireland’s competitiveness shouldn’t distract from outstanding problems, the head of the State’s competitiveness watchdog has warned. The National Competitiveness Council, headed by UCD economist Professor Peter Clinch, welcomed Ireland’s ranking rise. But Prof Clinch sounded a note of caution, saying: “While we should be pleased that Ireland’s […]

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