Business News

Up to €400m in State and EU supports will be needed annually to allow Irish businesses to mitigate the fallout from a hard Brexit, the country’s biggest business body has argued. Ibec said funds must be provided to support firms in sectors exposed to the UK to innovate, diversify into new markets, train staff and […]

European Competition chief Margarethe Vestager is set to hit Google with a fine potentially greater than €1bn for alleged market anti-competitive practices in what will be the latest slap-down of a US tech giant by the EU. The European Commission’s decision will come after a seven-year investigation into the search engine triggered by scores of […]

You’d know the General Data Protection Regulation is less than a year off. With Europe’s big regulatory stick getting closer and closer, big companies are really starting to get into gear. Nowhere is this more evident than Facebook, which has become a lightning rod in the EU for data protection issues. The company has already […]

You’d know the General Data Protection Regulation is less than a year off. With Europe’s big regulatory stick getting closer and closer, big companies are really starting to get into gear. Nowhere is this more evident than Facebook, which has become a lightning rod in the EU for data protection issues. The company has already […]

A MAJOR study on the impact of the digitalisation of the manufacturing industry is being commissioned by the Government to examine the opportunities and challenges that it presents the sector. The contribution of the digital economy to the Irish economy was estimated at €12.27bn in 2015. It is estimated that this could rise to €21.4bn […]

A MAJOR study on the impact of the digitalisation of the manufacturing industry is being commissioned by the Government to examine the opportunities and challenges that it presents the sector. The contribution of the digital economy to the Irish economy was estimated at €12.27bn in 2015. It is estimated that this could rise to €21.4bn […]

The State’s consumer protection body has fired a warning shot across the bows of banks that use cashback deals and loyalty discounts to compete for mortgage customers. However, in a lengthy report into the sector, the Competition and Consumer Protection Commission (CCPC), which is chaired is Isolde Goggin, effectively found that banks’ difficulty repossessing homes […]

The State’s consumer protection body has fired a warning shot across the bows of banks that use cashback deals and loyalty discounts to compete for mortgage customers. However, in a lengthy report into the sector, the Competition and Consumer Protection Commission (CCPC), which is chaired is Isolde Goggin, effectively found that banks’ difficulty repossessing homes […]

Property-related loans accounted for 30pc of total new lending to non-financial sector SMEs last year, the Central Bank has said. Lending to non-financial sector small and medium sized businesses jumped by over €1bn – or close to a third – in 2016 compared with the same period in 2015. “The main driver of the increase […]

Property-related loans accounted for 30pc of total new lending to non-financial sector SMEs last year, the Central Bank has said. Lending to non-financial sector small and medium sized businesses jumped by over €1bn – or close to a third – in 2016 compared with the same period in 2015. “The main driver of the increase […]