News

The Dublin Port Company has paid an almost €11m dividend to the State as trade and profits surge at the semi-state business. The dividend for 2015 is almost 24pc more than was paid by Dublin Port in respect of 2014. Dublin Port Company chief executive Eamonn O’Reilly said that 2016 had started strongly, with the […]

The EU is unveiling new rules around multinationals, their taxes and revenues. Here’s what you need to know: 1 What is the EU asking companies to do? The EU wants multinationals to pay tax where they do business – and show it. That means revealing details on staff numbers, turnover, profits and tax bills for […]

European data privacy agencies may be set to reject a treaty between the EU and the US on data privacy, a move that could cost Irish companies dearly. According to leaked documents published by German data protection authorities, Europe’s most influential privacy regulators are to say that the so-called ‘Privacy Shield’ accord agreed by the […]

World markets struggled for direction on Monday, with renewed strength in the yen, government bonds and gold pointing to heightened caution among investors, but a sharp rebound in European stocks suggesting a pent-up appetite for risk. As the U.S. first quarter earnings season kicks off and G20 finance chiefs gear up for talks in Washington […]

A chronic lack of homes across the country means there are now fewer houses for sale than when the property market collapsed during the darkest days of the recession. And an analysis of recent trends in the residential market by property website Daft.ie shows the total number of properties for sale at any one time […]

THE National Treasury Management Agency is to raise €750m in a bond auction on Thursday April 14. Earlier this month, the agency, which is responsible for borrowing on behalf of the exchequer, borrowed €100m through issuing Ireland’s first-ever 100-year note with an interest rate of just 2.35pc. This is seen as very cheap for a […]

Ireland could benefit from increased flexibility and discretion around the VAT rates it can apply as the European Commission bids to crack down on VAT fraud. As part of a new action plan for VAT reform the Commission is looking to reboot the existing system, which was implemented as a transitional measure in 1993. The […]

Irish house prices are to increase on average by 5pc this year while the country’s gross domestic product (GDP) is also to increase by 5pc, according to Merrion Stockbrokers’ Quarterly Economic Outlook. The report expects an average unemployment rate of 8.3pc in a year where a British exit from the EU (Brexit) remains one of […]

Central Bank’s board queries its response to Banking Inquiry The Commission, or board, that oversees the Central Bank of Ireland is made up mainly of outsiders including the Secretary General of the Department of Finance, Derek Moran, and the former head of the Economic and Social Research Institute (ESRI) John Fitzgerald, along with the bank’s […]

There has been an explosion of Irish companies producing high quality food and drink for Irish and international markets and on this week’s Ready Business show, Brian Purcell spoke to two entrepreneurs who have found success. Gary Lavin, co-founder and Managing Director of VitHit and Brian Lee, founder of Chopped, explained their very different journeys […]