Posts By: admin

Minister to write to 220,000 businesses over Brexit

The Minister for Business is to write to 220,000 companies all over the country to highlight the need for the them to take urgent action to protect their businesses against the risks posed by Brexit. The letters will be issued through the Companies Registration Office and will tell firms about the supports that are available… Read more »

IFAC urges Budget caution over Brexit, global risks

IFAC urges Budget caution over Brexit, global risks The Irish Fiscal Advisory Council has urged the Government not to rely on surges in corporation tax to cover spending overruns. In its pre-Budget statement, the economic watchdog has said the Government should be cautious because of the risks associated with Brexit and a “worsening outlook” in… Read more »

Nervous bondholders switch from Irish debt

Nervous bondholders switch from Irish debt Investors in Ireland’s bonds are sitting on double-digit returns this year after a global debt rally and are now starting to get nervous. In Ireland’s case, the UK’s political turmoil means a no-deal Brexit could spark worries over credit risks. So far Irish debt has been relatively immune to… Read more »

Sterling rebounds on data surprise, Brexit hopes

Sterling rebounds on data surprise, Brexit hopes Sterling rebounded from early lows today and headed towards a five-week high as surprisingly strong data and growing optimism that Britain will not crash out of the European Union without a deal boosted demand for the British currency. Against the dollar, the pound gained 0.6% to $1.235 after… Read more »

Construction PMI sees first rise in four months

Construction PMI sees first rise in four months Construction activity picked up for the first time in four months in August – normally a quiet month for the industry – the latest Construction Purchasing Managers Index from Ulster Bank shows. The construction PMI rose to 53.7 in August from 51.4 in July. Ulster Bank said… Read more »

Business confidence sinking on Brexit concerns – IoD

Business confidence sinking on Brexit concerns – IoD A new survey shows that business confidence has been severely impacted by the political and economic uncertainty surrounding Brexit. The latest quarterly survey from the Institute of Directors in Ireland shows that the uncertainty evident over the past 12 months has intensified. It also reveals that 89%… Read more »

Big investment banks have worst start to year since 2006

Big investment banks have worst start to year since 2006 The world’s largest investment banks have had their worst start to a year since 2006, according to the latest data published by industry analyst Coalition today. In the first six months of 2019 investment banks reported revenues of $76.8 billion, down 11% on the previous… Read more »

Live Register continues downward trend – CSO

Live Register continues downward trend – CSO The number of people signing on the Live Register fell again in August to the lowest level since early 2008, the latest figures from the Central Statistics Office show. The Live Register total recorded a monthly decrease of 1,500 – down 0.8% – last month, which brought the… Read more »

84% of Irish consumers own a smartphone – ComReg

84% of Irish consumers own a smartphone – ComReg A new survey from ComReg shows that 84% of the population here own a smartphone, with two thirds of these using Google’s Android operating system, while the remainder are using Apple’s iOS. The survey was released ahead of ComReg’s national conference on the Digital Society tomorrow…. Read more »