People count more than numbers

Diversity report shows more women in senior management roles

A survey of businesses that signed up to a pledge to improve diversity and inclusion in their workplaces has found higher levels of female participation at senior and executive levels compared to the national average. The ‘Elevate Report’ from Business in the Community Ireland (BITCI) found 40% female representation at senior and executive roles, higher […]

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Covid supports stabilised labour market but inequality persists – study

Employment and social welfare supports during the Covid pandemic helped to stabilise the labour market but inequalities persist, according to a new study from the Irish Human Rights and Equality Commission (IHREC) and the Economic and Social Research Institute (ESRI). The research explored the equality impact of the pandemic on the labour market, comparing the […]

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European Parliament to vote on money laundering law

New laws to tackle money laundering, terrorist financing and sanctions evasion are due to be voted on by the European Parliament. The proposed legislation would place increased surveillance on professional football clubs and individuals worth more than €50 million, excluding their main home. A new anti-money laundering authority will also be established. The Government had […]

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Consumers want to make ‘green’ choices but cost dominates – survey

Consumers want to make sustainable choices but cost and other practicalities take priority, new research shows. The survey of 1,000 people from Banking and Payments Federation Ireland (BPFI) looks at the role sustainability plays for consumers making decisions on a number of products. When asked about the factors that influence their decision when buying a […]

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Wholesale electricity prices 40% lower in March on last year

New figures from the Central Statistics Office show that wholesale electricity were 40.3% lower in March of this year compared to the same time last year. The CSO said that wholesale electricity prices in March 2024 were also 76.6% lower than in August 2022 when prices were at their highest since the CSO began looking […]

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ECB governors stick to plan for multiple rate cuts despite global headwinds

European Central Bank officials are sticking to plans to cut interest rates multiple times this year, even as higher US inflation delays a pivot to looser policy by the US Federal Reserve and tensions in the Middle East keep oil prices high. Investors are rethinking what they expected to be a global easing cycle after […]

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Government recorded surplus of €8.3 billion last year – CSO

New figures from the Central Statistics Office show that the general government balance showed a surplus of €8.3 billion or 1.7% of Gross Domestic Product (GDP) in 2023. This marked a slight decrease on the record surplus of €8.6 billion in 2022. The CSO said that total government revenue increased to €123.7 billion in 2023, […]

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‘Green’ job postings jump 93%, but jobseekers wary

So-called ‘green’ job postings in Ireland are up over 90% since 2019, new data shows. The research from hiring platform Indeed highlights the growing demand for such roles, with sustainability now a top priority for many businesses. But the data suggests that companies are struggling to recruit for these positions, with searches by jobseekers down […]

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ECB’s Lagarde says inflation more likely to ease but risks both way

Euro zone inflation is likely to decline further and the European Central Bank may cut interest rates if its long-standing price growth criteria are met, ECB President Christine Lagarde said today. “At the same time, the Governing Council is not pre-committing to a particular rate path,” Lagarde said, repeating the bank’s most recent guidance. “Risks […]

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