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Ibec calls for early exit from Level 5 for retail, hospitality and travel sectors

18/11/2020

The chief executive of employer’s group Ibec has told the Government that there is serious and urgent concern in the business community around the current phase of Covid related restrictions. Danny McCoy also called on the Government to allow the retail, hospitality and travel sectors to reopen as a priority ahead of Christmas, with a […]

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Businesses can claim Covid restrictions support cash payments from today

17/11/2020

Eligible businesses can claim cash payments under the Government’s Covid Restrictions Support Scheme from today. The scheme is designed to assist firms which have had to close or have seen trading greatly reduced due to the introduction of Level 3 or higher Government restrictions to counteract the spread of Covid-19. So far around 9,500 businesses […]

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Lenders warned by Central Bank on clear communication with mortgage holders

17/11/2020

The Central Bank has warned lenders that it expects them to clearly communicate with customers at all stages of the mortgage application process, including customers who have already received loan offers. In a letter to the CEOs of the lenders, the bank said they must make clear to customers that where there has been any […]

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Time is running out for Brexit deal, EU tells Britain

17/11/2020

European Union diplomats have warned Britain that time was fast running out for a Brexit deal, and that it may already be too late to ratify one, as negotiators in Brussels began a last-ditch attempt to avoid a tumultuous exit at the end of December. EU and UK officials resumed intensive negotiations in Brussels this morning […]

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Proposed change to VAT refund scheme will impact jobs, retail sector – report

16/11/2020

Proposed changes to a VAT refund scheme, availed of by non-EU residents who purchase craft and gift items here, will impact jobs, tourism and the retail sector, a report published today concludes. The study was conducted by economist Jim Power on behalf of the ‘Stop Another Tourism Tax’ Campaign – an alliance of independent Irish […]

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Proposed change to VAT refund scheme will impact jobs, retail sector – report

16/11/2020

Proposed changes to a VAT refund scheme, availed of by non-EU residents who purchase craft and gift items here, will impact jobs, tourism and the retail sector, a report published today concludes. The study was conducted by economist Jim Power on behalf of the ‘Stop Another Tourism Tax’ Campaign – an alliance of independent Irish […]

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UK and EU still ‘far apart’ as Brexit talks resume

16/11/2020

EU and UK officials are due to resume intensive negotiations in Brussels this morning on a future relationship treaty. Both sides are said to be still far apart on the most difficult issues. The UK’s chief negotiator has said he will not be changing the UK position that any deal must be compatible with what he […]

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UK and EU still ‘far apart’ as Brexit talks resume

16/11/2020

EU and UK officials are due to resume intensive negotiations in Brussels this morning on a future relationship treaty. Both sides are said to be still far apart on the most difficult issues. The UK’s chief negotiator has said he will not be changing the UK position that any deal must be compatible with what he […]

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40% of jobs here ‘disrupted’ by pandemic – EY

16/11/2020

Two in every five jobs here have been disrupted by the Covid-19 pandemic, according to the accounting and professional services group EY in its latest Economic Eye report. The jobs have either been lost or are being supported by government interventions, including the Employment Wage Subsidy Scheme and Pandemic Unemployment Payment. The study found that, […]

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Consumer prices fall 1.5% in year to October – CSO

13/11/2020

Consumer prices fell at their fastest rate in a decade in October, with prices down 1.5% compared to the same month a year ago, new figures from the Central Statistics Office show today.  The rate of inflation here has dropped on an annual basis for seven months in a row since restrictions to stop the […]

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