Business News

Hundreds of companies here will be liable to pay 15% corporation tax, as the biggest shake-up in the State’s corporate tax system in three decades is implemented. It follows the introduction of the new minimum effective rate of tax for big multinationals under the terms of an agreement struck by the Organisation for Economic Co-Operation […]

The rate of growth in prices being sought for properties listed on the market slowed in 2023, despite a significant drop in supply, according to the website, Daft.ie. Its latest analysis captured growth in listed prices of 3.4% in the year – almost half the 6% growth rate in 2022 and well below the increases […]

Up to 188,000 non-domestic customers of Uisce Éireann are facing higher bills for water and waste water treatment from October, if proposals from the regulator are adopted. The changes would see the annual bills of 172,837 or 91.6% non-domestic customers rise less than €250, while 8,100 or 4.3% would face annual bill increases of between […]

The National Asset Management Agency has today completed a €350m cash transfer to the Exchequer as it approaches its orderly wind down. Today’s transfer brings the total cash paid to the Exchequer from NAMA’s surplus to €3.85 billion. NAMA has also made corporation tax payments of more than €400m so far. NAMA was set up […]

Consumer sentiment improved slightly in December and was significantly higher year-on-year, according to the latest report by the Irish League of Credit Unions. The latest survey had a reading of 62.4, compared to 61.9 in November and 48.7 in December 2022. It represents a continuation of the broadly upward trend in consumer sentiment that began […]

Consumer sentiment improved slightly in December and was significantly higher year-on-year, according to the latest report by the Irish League of Credit Unions. The latest survey had a reading of 62.4, compared to 61.9 in November and 48.7 in December 2022. It represents a continuation of the broadly upward trend in consumer sentiment that began […]

Oil prices fell today and were on track to snap a three-day winning streak, as concerns over low demand following a surprise US crude inventory build outweighed jitters over global trade disruptions due to tensions in the Middle East. Brent crude futures fell 22 cents, or 0.3%, to $79.48 a barrel early this morning, while […]

The Government has announced the largest ever expansion of the employment permits system, in an effort to address the skills gap in a range of key areas amid full employment in the economy. 11 new roles have been added to the list of occupations classed as critical skills, including Meteorologist, Project Engineer, Professional Forester and […]

More than a quarter of employees expect they will be responding to work emails over Christmas, according to a new survey. The Human Workplace Index from Workhuman found that 22% of employees say they will not be able to fully switch off from work over their Christmas holidays, while 28% admitted that their large workload […]

January was the busiest month for flight bookings this year as consumers sought to escape the winter blues, an annual review of AIB’s Spend Trend has revealed. Wednesday, January 11 was the busiest individual day, the analysis reveals, with spending on flights at 57% above the daily average. The annual spending review shows that overall […]