News

Dublin beats Paris to second spot in the European Cities and Regions of the future

The fDi Top 25 ‘European Cities and Regions of the Future’ for 2018 have been revealed, and despite concerns around Brexit, London has taken the top spot. Meanwhile Dublin has climbed to 2nd place, the 13th issue of the Dublin Economic Monitor reveals. Dublin’s improved performance knocks Paris into third. This, along with other key […]

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Eurozone growth slowed in first three months of 2018, but expansion predicted

Eurozone economic growth slowed as expected at the start of 2018, although economists said temporary factors were partly behind the weakness and that the economy should continue to expand strongly this year. The growth rate pushed the eurozone behind the United States, but still ahead of Britain – which registered its weakest growth since 2012. […]

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‘Acute’ skills shortage in construction sector now main concern

Skills shortages have leapfrogged access to finance as the major concern of construction sector surveyors, according to a major new report. Just over eight in 10 surveyors in Ireland say the building sector is now experiencing a skills shortage, an increase of 7 percentage points in the last six months, according to the joint report […]

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UK orders crackdown on offshore tax havens

The UK government agreed yesterday to order its overseas territories such as the Cayman Islands and the British Virgin Islands to make secretive company ownership information public by the end of 2020 to try to tackle corruption and tax avoidance. The move was hailed as a major victory by campaigners in the fight against tax […]

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Fears for Irish suppliers if UK regulators OK Sainsbury deal

Irish brands such as Fruitfield, Kerrygold, Barry’s Tea, Jameson and Cheesestrings could find themselves caught in a barrage of price cuts amid intensifying concentration among UK grocery chains. With Sainbury’s, the UK’s second-largest grocery chain, having agreed this week to buy Walmart-owned Asda, the UK’s third-biggest, retail analysts are predicting a renewed wave of grocery […]

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Irish banks need a Plan B when IT systems go dark

Tens of thousands of Ulster Bank customers got a nasty shock last week when their money vanished from their accounts. This was the latest in a string of IT glitches that have hit all the major Irish and UK banks in recent years. Last Monday startled Ulster Bank customers found that money that had previously […]

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Irish SMEs ‘losing out to FDI firms’ on tax breaks

The Government must create a level playing field between Irish SMEs and multinationals by rebalancing enterprise policy towards protecting indigenous Irish business, the new President of the Institute of Certified Public Accountants (CPA Ireland) has said. Cormac Mohan, managing partner at FM Accountants & Business Advisors, said it was “a strategic imperative” to create an […]

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How to avoid fiscal cheating

Many marriages founder on infidelity. Finding your partner has been cheating on you can often sound the death knell on a relationship. But what if the affair isn’t with a buxom 20-year-old workmate, but your bank account? Financial infidelity is a real problem and can cause just as much upset and ruin for a couple […]

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Startup diary: Can you build a strategy to stay alive?How code secret can pay off

When you found a business, you become overloaded with choices. Choices are everywhere. If you desire to start your own business so that you can be your own boss, I would say, “be careful what you wish for”. Most of the time, there are no right answers, and you’re literally just guessing and hoping for […]

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ECB chief Draghi insists Eurozone growth still solid

European Central Bank (ECB) chief Mario Draghi has played down concerns over softness in the Eurozone economy as the ECB kept policy on hold, bolstering expectations that it will halt bond purchases by year-end. Draghi argued that the 19-country currency bloc’s economy remained strong but acknowledged evidence of a “pull-back” from exceptional growth readings seen […]

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