News

300 jobs to be created as Wetherspoon’s start work on new Dublin pub and hotel

Wetherspoon is to create 300 jobs at a new pub and hotel development in Dublin city centre. The UK pub chain is to start development work on its new pub and hotel located in Camden Street Upper and Camden Street Lower on May 8. The pub and 92 room hotel, which is set to open […]

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EU moves to regulate business practices of tech giants including Google, Apple and Amazon

Tech giants including Google , Apple and Amazon will for the first time face rules governing their commercial relations with smaller businesses under a law proposed by the European Union on Thursday. The new rules will specifically target app stores, search engines, e-commerce sites and hotel booking websites such as Expedia, requiring them to be […]

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Close to 40,000 now affected by tracker scandal

Thousands more tracker mortgage overcharging cases have been owned up to by Ulster Bank and AIB. Ulster Bank, which this week had to apologise after customer money disappeared from accounts, has admitted it has now found up to 2,000 extra tracker cases. The total may now be as high as 5,500 at the bank, it […]

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Revealed: The biggest sources of worry for Irish people

Money is the biggest source of worry for people despite the economy’s strong growth. More people are worried about their finances than last year. Family and health were the issues that came next when people were asked to list their worries in order of importance, according to a survey commissioned by insurance and protection company […]

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Ulster Bank appoints former Communicorp CEO Gervaise Slowey to its board

Ulster Bank has appointed former Communicorp CEO Gervaise Slowey to its board of directors. Ms Slowey is an independent strategic consultant. Previously she headed up Denis O’Brien’s Communicorp radio group for four years to the end of 2016, and before that was an executive with advertising giant Ogilvy Worldwide. She is also currently an independent […]

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Irish Life Group set to acquire strategic shareholding in Invesco

Irish Life Group are set to acquire a strategic shareholding in Ireland’s largest Irish-owned independent financial consultancy, Invesco. The terms of the transaction have not been disclosed but no job losses are expected on its completion, expected in the third quarter of 2018, subject to regulatory approvals. Invesco employs 125 people at its sites at […]

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KBC to verify IDs with fintech ‘selfie’

Lender KBC says it is embracing innovative technology and partnering with skilled fintechs in order to compete in the financial services landscape. Head of Current Accounts Petrina Grady demonstrated their “game-changing” digital account opening experience on the TechX stage of the Dublin Tech Summit. In the ‘Building digital services that transform customer experience’ presentation, with […]

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Irish-owned businesses account for one-third of €4.6bn R&D spending

Domestic firms spent 36pc of the €4.6bn invested into innovation here in 2016, with multinationals responsible for the balance. Out of the €1.7bn spent by Irish businesses, just under half the spending, or €793m, went to in-house research and development (R&D), to according to data from the Central Statistics Office (CSO). The tax system is […]

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Company owners’ PPSN needed in database

A new register of businesses is set to include details of owners’ Personal Public Service Numbers (PPSN). The Irish Independent has learned that officials want the new Register of Beneficial Ownership – which will detail precise ownership of corporate entities in Ireland – to require firms to supply shareholders’ Personal Public Service Numbers (PPSN) in […]

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Right on the money: Revolutionising business lending

For the last decade, a lot of Irish SMEs have struggled to access the funds they need to succeed. As the financial crisis took hold, sources of credit dried up. Many Irish businesses found it next to impossible to access affordable finance. This had a devastating effect on companies across the country. Even now, as […]

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