Posts Categorized: Syndicated News

Ireland records the highest start-up figures in 13 years

Ireland records the highest start-up figures in 13 years An average of 71 companies were set up every day in Ireland during the first three months of 2019. This is despite Brexit uncertainty and concerns about a slowdown in the global economy. The largest number of companies was founded in the professional services sector, according… Read more »

€8.6bn invested in Irish office space since 2013

€8.6bn invested in Irish office space since 2013 Almost €8.6 billion has been invested in Irish office property over the past six years, according to a report from Savills. It said that low interest rates and a rapid growth in services-based employment has driven demand for office space in Ireland, particularly in Dublin. The report… Read more »

High costs pose threat to business competitiveness – NCC report

High costs pose threat to business competitiveness – NCC report The National Competitiveness Council has warned that rising rents, the increasing cost of labour, and a high marginal tax rate pose possible threats to the competitiveness of businesses in Ireland. Its Cost of Doing Business in Ireland report also cautions that above European Union average… Read more »

Female board representation here passes 30% mark

Female board representation here passes 30% mark The gender composition of boards in Ireland has passed the 30% female representation level, a 7% increase since 2017. New research conducted by EY shows that the average gender composition of boards now comprises 31% women and 69% men. But in spite of the increase, just 35% of… Read more »

Dublin 7th most expensive place in the world to build

Dublin 7th most expensive place in the world to build Dublin is the seventh most expensive place in the world to build, with average construction costs at $3,245.10 per metre squared, a new report shows. The International Construction Market Survey, from global professional services company Turner & Townsend, shows that San Francisco takes the top… Read more »

Insurance fraud crisis is costing jobs, says top judge

Insurance fraud crisis is costing jobs, says top judge Former High Court president Nicholas Kearns has expressed frustration at the slow pace of insurance reform, saying the country risks reputational damage if the claims culture is not tackled. He is baffled that a dedicated Garda unit has not been set up to prosecute fraudsters, and… Read more »

‘Technology can create more jobs than it eliminates,’ insists Varadkar as firm announces 600 new roles

‘Technology can create more jobs than it eliminates,’ insists Varadkar as firm announces 600 new roles Taoiseach Leo Varadkar has insisted new technology will create more jobs than it eliminates but says that up to 40pc of today’s jobs will be taken by robots in the future. Mr Varadkar was speaking in Limerick as American… Read more »

Tourism industry looking to woo more Chinese visitors

Tourism industry looking to woo more Chinese visitors Irish tourist service providers are being urged to take steps to attract more visitors from China in order to offset any drop in numbers coming here from the UK after Brexit. Fáilte Ireland is running a series of workshops around the country that aim to teach people… Read more »

No deal Brexit risks severe economic shock, IMF warns

No deal Brexit risks severe economic shock, IMF warns The UK economy risks a serious shock if the UK leaves the EU without a deal, the International Monetary Fund said today, warning of severe trade disruption and slower economic growth. In a report marking the coming spring meeting, published just days before the scheduled Brexit… Read more »