Business News

Irish Business Monitor June 2017

13th June 2017

Your Business Live, Ireland’s major SME event brings you the Irish Business Monitor – an indicator for businesses in Ireland, in partnership with SFA, IBEC and Enterprise Ireland. Please answer our survey to ensure that your business is part of this monitor across sectors, industries and regions. Your contribution is important to us. Your Business […]

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Pension crisis as Irish Life scraps gold-plated fund

1st June 2017

he largest pension provider in the State is closing its staff pension scheme, prompting fears that traditional defined benefit plans are now set to disappear from the private sector. Unions at Irish Life want the law altered urgently in a bid to stop the company closing its defined benefit pension for staff. Some 1,200 staff […]

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Social network site in €180k commitment to help Irish jobseekers

1st June 2017

LinkedIn has announced a new partnership with Jobcare aimed at connecting communities in need with economic opportunities to make their visions a reality. Over the next two years, LinkedIn, the world’s largest professional social network, will provide €180k in funding through the company’s social impact programme, LinkedIn for Good. “With our EMEA headquarters in Dublin, […]

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Soaring rents and legal costs a ‘warning signal’ for the economy, says watchdog

1st June 2017

The dramatic increase in residential rents is a cause of major concern and will potentially have significant adverse consequences for the entire economy, the State’s competitiveness watchdog has warned. Soaring rents and rising house prices will inevitably fuel calls for higher wages, increase the cost of living and ultimately damage competitiveness, the National Competitiveness Council […]

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€3bn sell-off returns AIB to markets after 7 years

31st May 2017

Michael Noonan latest night formally launched the long anticipated €3bn sale of shares in AIB in a move that returns the lender to the stock exchange almost seven years after it was nationalised. The move will see the Government sell 25pc of the almost entirely State-owed bank. The balance – worth around €9bn – will […]

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Professional services firm Grant Thornton announces 250 new jobs

31st May 2017

Professional services firm Grant Thornton has announced the creation of 250 new jobs across all areas of its business operations in Ireland. A significant number of the new posts will be filled in its centre of excellence which opens today. The positions are permanent roles for individuals with practice and industry backgrounds, and will be […]

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Mortgage lending down in April, but up annually

31st May 2017

A total of 3,340 mortgages were approved in April, up 11.7pc year-on-year, but down 11.6pc month-on-month, according to the latest data released by the Banking and Payments Federation of Ireland (BPFI). The value of mortgages approved in April 2017 was €685m, of which €366m, or just over 53pc, of approvals were for first time buyers, […]

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Virtual reality named as a key job trend for marketing professionals

30th May 2017

Virtual reality has been named as a key job trend for marketing professionals, according to research carried out by IrishJobs.ie. In a survey done by the recruitment company, marketing professionals said that virtual/augmented reality, programmatic advertising and personalisation will all be significant drivers of jobs within their sector. One in five marketing respondents in the […]

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Noonan set to fire starter on €3bn AIB sale

30th May 2017

Allied Irish Banks (AIB) will begin its journey back to privatisation this week as the Government prepares to officially launch a €3bn share sale in a watershed moment for the banking industry and the economy. It is almost seven years since taxpayers sunk €20.8bn into the then-stricken bank as part of a wider rescue of […]

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Pharma company MSD Ireland announces 330 new jobs for Cork and Carlow

30th May 2017

MSD, a multinational pharmaceutical company, has announced that it will create 330 new jobs and invest €280m over the next three years at two of its Irish manufacturing sites in Cork and Carlow. The new jobs are as a result of increased global demand for MSD’s medicines and vaccines produced in Ireland. The investment will […]

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