Business News

High costs pose threat to business competitiveness – NCC report

15th April 2019

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 […]

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High costs pose threat to business competitiveness – NCC report

15th April 2019

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 […]

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AIB to sell €1 billion non-performing loan portfolio

3rd April 2019

AIB to sell €1 billion non-performing loan portfolio AIB has agreed a deal to sell a €1 billion portfolio of non-performing loans to Everyday Finance, as part of a consortium with Everyday and affiliates of Cerberus Capital Management. The portfolio consists of about 2,200 non performing loans, with around 95% over two years in arrears […]

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Euro zone inflation slows to 1.4% in March

3rd April 2019

Euro zone inflation slows to 1.4% in March Inflation in the euro zone slowed in March, data showed today, amid worries that the European economy is cooling. The slowdown of inflation comes as signs are multiplying of slower economic growth, especially in powerhouse Germany and the bloc’s second-biggest economy, France. The rise in consumer prices […]

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Euro zone inflation slows to 1.4% in March

3rd April 2019

Euro zone inflation slows to 1.4% in March Inflation in the euro zone slowed in March, data showed today, amid worries that the European economy is cooling. The slowdown of inflation comes as signs are multiplying of slower economic growth, especially in powerhouse Germany and the bloc’s second-biggest economy, France. The rise in consumer prices […]

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New car registrations slow down by 5.6% in March – SIMI

3rd April 2019

New car registrations slow down by 5.6% in March – SIMI New figures published today show that total new car registrations fell by 5.6% to 16,738 in March compared to the same time last year. The Society of the Irish Motor Industry (SIMI) figures show that new car registrations for the year to date are […]

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New car registrations slow down by 5.6% in March – SIMI

3rd April 2019

New car registrations slow down by 5.6% in March – SIMI New figures published today show that total new car registrations fell by 5.6% to 16,738 in March compared to the same time last year. The Society of the Irish Motor Industry (SIMI) figures show that new car registrations for the year to date are […]

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New Revenue system to hit SMEs for unpaid tax

2nd April 2019

New Revenue system to hit SMEs for unpaid tax The Revenue Commissioners will chase more small companies for unpaid tax following the launch of a new high-tech debt management system. Revenue’s Debt Management Services (DMS), which was brought in last week, uses technology to deal with a wider range of taxpayers. This will include those […]

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New Revenue system to hit SMEs for unpaid tax

2nd April 2019

New Revenue system to hit SMEs for unpaid tax The Revenue Commissioners will chase more small companies for unpaid tax following the launch of a new high-tech debt management system. Revenue’s Debt Management Services (DMS), which was brought in last week, uses technology to deal with a wider range of taxpayers. This will include those […]

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Energy bills going up for 1 million customers

2nd April 2019

Energy bills going up for 1 million customers Over 1 million energy customers will feel the impact of larger bills from today. Electric Ireland and PrePayPower are increasing their gas and electricity prices by 4% and 3.9% respectively, having frozen them over the winter months. The increase will add around €38 a year to the […]

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