Category: Business News

There was a 12.1% fall in the number of new home completions in the first quarter of this year, according to new data from the Central Statistics Office. The CSO reported a total of 5,841 new dwelling completions between the months of January, February and March of this year; down from 6,647 in the first […]

Read More… from New home completions down 12% in first quarter of 2024 – CSO

Ireland has one of the highest shares of hybrid and remote job postings in Europe, according to the professional network LinkedIn. The analysis shows how working habits have changed in Ireland in the past four years, with the appetite from professionals for hybrid and remote work remaining high despite business leaders continuing to encourage workers […]

Read More… from Ireland ranks second in Europe for remote work opportunities

There was a marginal fall in consumer sentiment for a third month running in April, the latest consumer sentiment index from the Credit Union has found. It follows on from four months of gains in sentiment in the latter part of 2023 and into January of this year as inflation abated and talk of interest […]

Read More… from Third month of decline in consumer sentiment – Credit Union index

A Central Bank review of the supports that are in place for borrowers experiencing early mortgage arrears has found they need to be improved. The analysis looked at the effectiveness of the system those experiencing difficulty must navigate, focusing in particular on the supports, resources and service levels that exist to assist consumers in financial […]

Read More… from Banks need to do more for borrowers in early mortgage arrears – Central Bank

The outstanding debt owned by businesses that availed of Revenue’s debt warehousing scheme stood at €1.58 billion this week, according to the tax commissioners in their annual report for 2023. The scheme was introduced to assist businesses that experienced cash-flow and trading difficulties during the Covid-19 pandemic. It was announced earlier this year that the […]

Read More… from Over 53,000 businesses still using Revenue’s Tax Debt Warehousing scheme

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 […]

Read More… from Diversity report shows more women in senior management roles

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 […]

Read More… from Covid supports stabilised labour market but inequality persists – study

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 […]

Read More… from European Parliament to vote on money laundering law

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 […]

Read More… from Consumers want to make ‘green’ choices but cost dominates – survey

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 […]

Read More… from Wholesale electricity prices 40% lower in March on last year