Business News
A third of exporting firms have seen their sales fall so far this year, a new survey from Enterprise Ireland has found. The research also found that 85% of companies expect that Brexit will add up to 10% to their cost base. The survey of 728 firms conducted by Enterprise Ireland details the contrasting fortunes […]
A third of exporting firms have seen their sales fall so far this year, a new survey from Enterprise Ireland has found. The research also found that 85% of companies expect that Brexit will add up to 10% to their cost base. The survey of 728 firms conducted by Enterprise Ireland details the contrasting fortunes […]
Business leaders have expressed surprise and concern at the recommendation from the National Public Health Emergency Team (NPHET) to move the entire country to Level 5 Covid-19 restrictions. Organisations representing firms said if such a decision is taken by Government, additional measures would be required to support businesses. Chief executive of the employers’ group Ibec Danny McCoy said that given […]
Business leaders have expressed surprise and concern at the recommendation from the National Public Health Emergency Team (NPHET) to move the entire country to Level 5 Covid-19 restrictions. Organisations representing firms said if such a decision is taken by Government, additional measures would be required to support businesses. Chief executive of the employers’ group Ibec Danny McCoy said that given […]
The employers’ group Ibec has called on the Government to expand the employment wage subsidy scheme to include companies threatened by a no-trade deal Brexit. In its latest quarterly Economic Outlook, Ibec also says the key to next week’s Budget will be unlocking “turbocharged” savings by households. The employer’s group believes the key to the economy’s recovery, will […]
The state should maintain investment in capital infrastructure programmes despite the economic difficulties caused by Covid-19, but the construction sector must guarantee value for money, according to the Secretary General of the Department of Public Expenditure Reform. Addressing the Construction Industry Federation conference earlier today, Robert Watt said there was no imperative to cut back […]
Small and medium sized businesses here could record a combined total shortfall in revenue this year of between €10.3bn and €11.7bn, according to a new analysis by the Central Bank of Ireland. However, the bank says the estimates are subject to significant uncertainty because of the current economic and health situation and the inability of […]
Europe’s stock markets have dived more than 1% in early trade after news that US President Donald Trump and his wife have tested positive for Covid-19. The region’s main bourses later clawed back some losses but were still languishing in negative territory, while many investors flocked to the safety of haven currencies. The news compounded uncertainty on […]
Library of Knowledge No. 37 The Scheme offers a partial Government guarantee (80%) to participating finance providers against losses on qualifying finance agreements to eligible SMEs, small Mid-Caps and primary producers. It is designed to incentivise participating finance providers to continue to play their role in supporting the availability of additional liquidity to Irish businesses.…
The Government has urged commercial landlords to show forbearance to tenants who cannot meet their obligations under their leases because of the financial pressures caused by the Covid-19 pandemic. The request came as it published a new voluntary code of conduct on commercial rents that has been agreed between landlords and business representatives. The code […]