Business News

Business people buying almost 25% of Irish farmland – report

25th March 2019

Business people buying almost 25% of Irish farmland – report Almost 25% of farmland sold in 2018 was bought by business people, the Irish Farmers Journal Agricultural Land Price Report for 2018 shows. Almost 7,800 acres of farmland was bought by business people in 2018, out of a total of 31,687 acres – amounting to […]

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Business people buying almost 25% of Irish farmland – report

25th March 2019

Business people buying almost 25% of Irish farmland – report Almost 25% of farmland sold in 2018 was bought by business people, the Irish Farmers Journal Agricultural Land Price Report for 2018 shows. Almost 7,800 acres of farmland was bought by business people in 2018, out of a total of 31,687 acres – amounting to […]

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Oil prices fall despite tighter global supply

22nd March 2019

Oil prices fall despite tighter global supply Oil prices fell yesterday, dragged down by concerns about global economic growth as the US-China trade dispute rumbled on, but receiving some support from tightened supply. International Brent crude oil futures were at $67.35 a barrel at lunchtime in London, down 26 cents, or 0.38pc. US West Texas […]

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Oil prices fall despite tighter global supply

22nd March 2019

Oil prices fall despite tighter global supply Oil prices fell yesterday, dragged down by concerns about global economic growth as the US-China trade dispute rumbled on, but receiving some support from tightened supply. International Brent crude oil futures were at $67.35 a barrel at lunchtime in London, down 26 cents, or 0.38pc. US West Texas […]

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Brexit pensions saved after deal between Irish and UK governments

21st February 2019

The governments of Ireland and Britain have guaranteed the continued payment of state pensions, child benefit and other social welfare payments in the event of the UK crashing out of the EU without a deal. Thousands of people living here get pensions and other payments from Britain, while Ireland also pays people who live in […]

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Brexit pensions saved after deal between Irish and UK governments

21st February 2019

The governments of Ireland and Britain have guaranteed the continued payment of state pensions, child benefit and other social welfare payments in the event of the UK crashing out of the EU without a deal. Thousands of people living here get pensions and other payments from Britain, while Ireland also pays people who live in […]

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Surge in companies looking for clearance for UK trade post-Brexit

21st February 2019

There’s been a surge in the number of companies here applying to Revenue to get the necessary documentation for trading with UK firms following Brexit. Revenue said over three times more companies applied in the month of February than in January for Economic Operators Registration and Identification (EORI) numbers. The EORI is the minimum requirement […]

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Surge in companies looking for clearance for UK trade post-Brexit

21st February 2019

There’s been a surge in the number of companies here applying to Revenue to get the necessary documentation for trading with UK firms following Brexit. Revenue said over three times more companies applied in the month of February than in January for Economic Operators Registration and Identification (EORI) numbers. The EORI is the minimum requirement […]

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Irish SMEs paying more for loans than EU counterparts

21st February 2019

Irish small and medium enterprises (SMEs) pay on average three percentage points more interest on loans than the European Union average on amounts up to €250,000. The introduction of Government-backed risk-sharing schemes, such as the Brexit Loan Scheme (where interest is capped at 4pc), are helping to address the difference, according to the Strategic Banking […]

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Irish SMEs paying more for loans than EU counterparts

21st February 2019

Irish small and medium enterprises (SMEs) pay on average three percentage points more interest on loans than the European Union average on amounts up to €250,000. The introduction of Government-backed risk-sharing schemes, such as the Brexit Loan Scheme (where interest is capped at 4pc), are helping to address the difference, according to the Strategic Banking […]

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