Business News

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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How much will you pay? – Charlie Weston’s comparison on current account bank fees

20th February 2019

BANKS are back to their old trick of increasing the charges for running a current account. Both Permanent TSB and Ulster Bank have angered customers by announcing changes that will mean more people will get caught paying fees. Remember, switching banks is actually a relatively easy process due to The Central Bank’s Switching Code. This […]

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How much will you pay? – Charlie Weston’s comparison on current account bank fees

20th February 2019

BANKS are back to their old trick of increasing the charges for running a current account. Both Permanent TSB and Ulster Bank have angered customers by announcing changes that will mean more people will get caught paying fees. Remember, switching banks is actually a relatively easy process due to The Central Bank’s Switching Code. This […]

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An Post plans nationwide network of parcel lockers as online shopping soars

20th February 2019

An Post is advancing plans for a nationwide network of self-service parcel locker stations to enable customers more conveniently access online deliveries and make returns. It will put it in competition with existing providers, including Parcel Motel, the service that is part of Nightline. That group was acquired by UPS in 2017. An Post said […]

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50,500 more people at work as unemployment plummets

20th February 2019

There are 50,500 more people at work as unemployment plummeted by over 10pc in the last year. The numbers employed rose by just over 2pc or 50,500 people. This pushed the total number of people at work to 2.28 million. The numbers unemployed fell by 15,200 or 10.5pc to 128,800 last year, according to the […]

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