People count more than numbers

National Enterprise Hub launched to support businesses

A new resource to help businesses access a range of government supports called the National Enterprise Hub has been launched today by Minister for Enterprise Peter Burke. The Hub is described as a one-stop shop which brings together information and resources on over 180 supports from 19 Departments and state agencies. It will be staffed […]

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Govt adopting ‘everything now’ approach to budget

The State’s fiscal watchdog has claimed that the Government is adopting an ‘everything now’ approach of current spending increases, tax cuts and increased investment for next year’s budget. Responding to the publication yesterday of the Summer Economic Statement, the Irish Fiscal Advisory (IFAC) also said that by breaking its own rule limiting spending increases to […]

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New enhanced unemployment benefit rules passed by Oireachtas

Planned new laws aimed at ensuring enhanced benefits for those with a strong work history who become unemployed have passed through the Oireachtas. Under the new rules, the weekly rate of payment for people who have at least five years paid PRSI contributions will be set at 60% of previous earnings, subject to a maximum […]

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Year-on-year wage growth in Ireland rose to 4.3% in June

Year-on-year wage growth in Ireland was 4.3% in June, up slightly from the 4% to 4.1% range recorded since the start of this year, according to new research. The data is contained in the latest report in a wage growth series from jobs website Indeed.ie and the Central Bank of Ireland. It shows that despite […]

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Data availability an obstacle to sustainability reporting

The Government says a new EU law aimed at tackling greenwashing will strengthen the rules around the social and environmental information which companies have to report. The Corporate Sustainability Reporting Directive has been signed into law by Minister for Enterprise Peter Burke. Under the law, companies will have to report in more detail about the […]

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UK to re-introduce mandatory housing targets

The UK’s finance minister has announced that she will re-introduce mandatory housing targets. In her first speech as Chancellor of the Exchequer, Rachel Reeves said that the new government will build 1.5 million homes over the next five years. Ms Reeves also announced plans to boost economic growth, adding that it was a national mission. […]

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Summer Economic Statement to outline size of Budget 2025

The Government will outline the size of the financial package for October’s budget later today, when it publishes the Summer Economic Statement. The document sets out the Government’s medium-term budgetary strategy and the fiscal parameters around which Budget 2025 discussions between ministers will take place. It will give details of the size of any overall […]

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Total construction activity falls for second month in a row

Total construction activity fell for the second month in a row in June, new data shows. BNP Paribas Real Estate Total Construction PMI index fell to 47.5, from 49.8 in May. The report suggests that a fall in commercial activity was a key factor behind the latest reduction in total activity. “Commercial activity surged through […]

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Euro zone investor morale drops, breaking streak of gains in “setback”

Investor morale in the euro zone broke an eight-month streak of improvements with a bigger-than-expected decline in July, a survey showed today, describing the results as a “bitter setback”. Sentix’s index for the euro zone fell to -7.3 points for July from 0.3 in June, putting the barometer firmly back in the red. Analysts polled […]

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