More than eight out of ever ten Irish investors believe investment in energy transition assets is increasing rapidly, according to new research from KPMG. That compares to 72% globally the survey of 1400 senior executives from around the world, including 50 from Ireland, carried out by KPMG’s Energy Transition Investment Outlook Report found. James Delahunt, […]
Category: Business News
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Irish workers among most honest employees in the world
Irish workers are among the strictest in the world when it comes to ethically questionable practices like nepotism and fake sick days, according to a new survey. The research by the Institute of Business Ethics, in conjunction with the Compliance Institute, found that workers in Ireland were less likely than the global average to find […]
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€4.3m spent every hour on Black Friday last year – AIB Spend Trend
Figures from AIB show that Black Friday 2023 broke all records for online spend and indications are that this year will be no different as shoppers hunt for good value ahead of Christmas. AIB’s latest Spend Trend reveals that Irish shoppers spent €105m spent online on Black Friday last year on almost 1 million transactions, […]
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Value of mortgages lent by ILCU credit unions up 51% in the last year
The total value of mortgages lent by credit unions affiliated to the Irish League of Credit Unions (ILCU) has risen 51% in the past year. Publishing its annual results for the financial year to September, the ILCU said its mortgage loan book has expanded from €371m to €560m. That means that mortgages now comprise a […]
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Irish consumers plan to spend €329 around Black Friday
Irish consumers plan to spend €329 each over the period of the upcoming Black Friday and Cyber Monday weekend. That is higher than the planned spending by all other European countries that were surveyed by PwC in its Black Friday research. A fifth of consumers here said they would spend at least €500 or more. […]
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Costs are top election issues for businesses – Ibec study
The cost of doing business is the top election issue exercising the minds of senior business leaders, new research by Ibec has found. 25% said it was the most pressing challenge that they want to see in the general election campaign. Housing was the next most important concern, cited by 22% of respondents. The provision […]
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Home commencements up 62% in October – Dept of Housing
Work started on 4,249 homes last month which represents an increase of 62% on October 2023, according to official figures from the Department of Housing. Dermot O’Leary, chief economist with Goodbody Stockbrokers, said the “figures look strong” compared to average monthly commencement data. Builders have been encouraged to start work on housing this year because […]
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High costs and lack of skills impacting business growth plans
High costs and a lack of skilled workers are impacting the growth plans of many companies, new research shows. The latest All-Island Business Monitor by InterTradeIreland, which compiles the views of businesses across Ireland and Northern Ireland, paints a broadly positive picture. Almost 40% of businesses said they are growing, while over half are stable. […]
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Most consumers don’t trust Black Friday deals
Most consumers do not trust Black Friday deals, new research shows. The report published by the Competition and Consumer Protection Commission (CCPC) reveals that just 30% of consumers believe that the discounts displayed by businesses are genuine. The findings are being released ahead of Black Friday which takes place this day next week, 29 November, […]
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Last year’s tax take jumps by 50% compared to 2020 – CSO
Total tax revenue last year was 50% higher than it was in 2020, new data from the Central Statistics Office shows. €116 billion in taxes and social contributions were collected by the State in 2023, the CSO said, an increase of 5% on a year earlier. The growth was in large part propelled by corporation […]
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