Business News

‘Fast-track’ plans for over 2,000 homes hit by delays

28th September 2017

Housing minister Eoghan Murphy’s hope that the Government’s ‘fast-track’ planning application system for large-scale housing developments would speed up the delivery of new homes has been dealt an early blow. An examination by the Irish Independent of the pre-planning requests received by An Bord Pleanála to date shows that at least five applications for developments […]

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Families who can’t pay mortgage to rent back their homes in new deal

27th September 2017

Families who are in deep arrears have been given fresh hope that they will be able to stay in their homes – as renters. Mortgage campaigner David Hall has done a deal with AIB to buy out hundreds of homes where the mortgage holders are in arrears. They will then be rented back to the […]

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Renters paying twice as much as mortgage holders

26th September 2017

In some Dublin areas it has become twice as expensive to rent as it is to buy, and renters are moving back in with their parents in increasing numbers in a move to try get on the property ladder. Average rents across Ireland rose 2.8pc in the last quarter and are now €1,017.15. In comparison, […]

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Renters paying twice as much as mortgage holders

26th September 2017

In some Dublin areas it has become twice as expensive to rent as it is to buy, and renters are moving back in with their parents in increasing numbers in a move to try get on the property ladder. Average rents across Ireland rose 2.8pc in the last quarter and are now €1,017.15. In comparison, […]

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Young drivers warned of risks of being ‘untruthful’ to insurers

26th September 2017

Large numbers of young drivers have been accused of being untruthful to their insurers. According to a new study, motorists are not being open about who is the primary driver of the car or about their profession. The survey commissioned by Liberty Insurance also found eight out of 10 drivers of all ages believe that […]

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Young drivers warned of risks of being ‘untruthful’ to insurers

26th September 2017

Large numbers of young drivers have been accused of being untruthful to their insurers. According to a new study, motorists are not being open about who is the primary driver of the car or about their profession. The survey commissioned by Liberty Insurance also found eight out of 10 drivers of all ages believe that […]

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Fast-track planning for data centres

26th September 2017

Tech giants will be able to get fast-track planning permission for data centres under processes being developed by the Department of Enterprise. The Government is devising laws to prevent a repeat of the controversy that had led to severe delays to a proposed €850m project in Athenry, Co Galway. Apple has reportedly warned officials the […]

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More than 120 jobs announced for Dundalk

20th September 2017

An Tánaiste and Minister for Business, Enterprise and Innovation Frances Fitzgerald TD joined Bill Graebel, CEO of Graebel Companies, to announce the creation of 125 new jobs at Graebel Companies in Dundalk. The announcement was made at the opening of the company’s Europe Middle East and Africa (EMEA) financial shared services and operations centre in […]

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Hiring and staff retention top issues for life science firms

20th September 2017

Attracting and retaining talent, as well as reform of the personal tax system, are the biggest challenges facing Ireland’s life sciences sector, according to new research from global executive search firm Accreate. Of the 350 leaders of life science businesses in Ireland that took part in the survey, 84pc said that attracting and retaining talent […]

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Two new towns ‘rent pressure zones’ as costs soar 6.6pc

20th September 2017

Two new towns have been designated rent pressure zones as the average cost rose by 6.6pc in the year to June. The Residential Tenancies Board said that the national average rent stood at €1,017 per month, up €63 from the same period last year. Rents in Dublin grew by 3.3pc in the second three months […]

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