Business News

The European Commission has signed an administrative arrangement with the newly established media regulator, Coimisiún na Meán, to support new EU online safety rules. The Digital Services Act (DSA) requires big tech firms to do more to police illegal and harmful content on their platforms. Ireland will play a leading role in enforcing the DSA,…

New research has found that 55% of office workers in companies in Dublin now spend two to three days on site each week. That marks a 7 percentage point increase since Dublin Chamber and Savills last measured the trend during the last three months of last year. The study found the increase has been driven…

The average cost of rebuilding a house rose by 12% over the last year, new research has found. That i’s less than the 21% rate of increase in the previous 12 months, the report by the Society of Chartered Surveyors in Ireland found. The rate of increase was broadly steady across the various regions of…

The Finance Bill, which puts the tax changes announced in last week’s Budget into legislation, has been published by the Minister for Finance, Michael McGrath. It runs to 270 pages and also includes changes to corporation tax rules to implement the so-called Pillar Two of the OECD tax reforms. Pillar Two refers to one part…

The European Central Bank took a further step today towards launching a digital version of the euro that would let people in the 20 countries that share the single currency make electronic payments free of charge and securely. “The next phase of the digital euro project – the preparation phase – will start on 1…

A report on Global Food Security will be presented to the UAE ambassador to Ireland by DCU’s Centre for Religion, Human Values and International Relations ahead of COP 28. The United Nations annual climate change conference, also known as the ‘Conference of the Parties’ or ‘COP’, brings together world leaders, ministers and negotiators to agree…

Events marking the 17th National Women’s Enterprise Day are taking place around the country today. The Local Enterprise Office-led initiative aims to celebrate female entrepreneurs and female-led start-ups, while also encouraging others to pursue their own business ideas. It comes on the back of a sustained focus on encouraging female entrepreneurs by LEOs, as well…

Exports from Ireland dropped by 17% in August, driven by falls in sales of chemicals and related products, as well as electrical machinery, new figures from the Central Statistics Office show. In total €16 billion of goods left the country during the month, down €3.3 billion on August of last year. The biggest decline was…

Grocery price inflation in the Irish market has fallen to a five month low, but prices are still going up steeply. That is according to the latest figures from data consultancy Kantar, which says grocery inflation here was 10.5% in the 12 weeks up to October 1. That rate is down on the previous period…

Ireland’s pension system has improved slightly in the past year when compared with global peers, a new index has found. The Mercer CFA Institute Global Pension Index ranked Ireland’s retirement income system in 13th place, up one spot from a year earlier. It follows a modest increase in its index score, from 70 last year…