Skip to content

Business News

Donohoe ‘committed’ to retaining low corporate tax rate

15th July 2021

Minister for Finance Paschal Donohoe has said he is “so committed” to retaining Ireland’s low corporate tax rate that he is not willing to sign up to a new international tax agreement in its current form. 130 countries and jurisdictions have signed up to a plan that will bring sweeping new reforms to global corporation […]

Read More

Two thirds of parents struggle with back to school costs

15th July 2021

Almost two thirds of parents surveyed by the Irish League of Credit Unions for its annual back to school survey say that covering the cost of sending a child to school amounts to a financial burden. Around a quarter of respondents say they get into debt in order to cover the costs every year. The […]

Read More

Two thirds of parents struggle with back to school costs

15th July 2021

Almost two thirds of parents surveyed by the Irish League of Credit Unions for its annual back to school survey say that covering the cost of sending a child to school amounts to a financial burden. Around a quarter of respondents say they get into debt in order to cover the costs every year. The […]

Read More

Banks spend €3bn on delivering digital services – BPFI

15th July 2021

Retail banks here have collectively spent over €3 billion in the past five years on delivering new digital services for customers, according to the Banking & Payments Federation of Ireland. The services provided include end-to-end online mortgages, new and secure payment apps, personal loan applications, instant account opening, data analytics, money management tools and SME […]

Read More

Banks spend €3bn on delivering digital services – BPFI

15th July 2021

Retail banks here have collectively spent over €3 billion in the past five years on delivering new digital services for customers, according to the Banking & Payments Federation of Ireland. The services provided include end-to-end online mortgages, new and secure payment apps, personal loan applications, instant account opening, data analytics, money management tools and SME […]

Read More

Insurance report shows wide disparity in legal costs

14th July 2021

The Central Bank has published data on employers’ liability, public liability and commercial property insurance for the first time. The information will form part of the National Claims Information Database. The report highlights a stark difference in legal costs between claims that go through the Personal Injuries Assessment Board and those that are pursued through […]

Read More

Insurance report shows wide disparity in legal costs

14th July 2021

The Central Bank has published data on employers’ liability, public liability and commercial property insurance for the first time. The information will form part of the National Claims Information Database. The report highlights a stark difference in legal costs between claims that go through the Personal Injuries Assessment Board and those that are pursued through […]

Read More

26% of small landlords plan to leave rental market

14th July 2021

Half of tenants surveyed by the Residential Tenancies Board say they are spending more than 30% of their net income on rent, with 20% of tenants in Dublin spending more than 50% of their total income. The RTB survey was conducted between September 2019 and March 2020. Carried out by Amarach Research, it surveyed 1,038 […]

Read More

26% of small landlords plan to leave rental market

14th July 2021

Half of tenants surveyed by the Residential Tenancies Board say they are spending more than 30% of their net income on rent, with 20% of tenants in Dublin spending more than 50% of their total income. The RTB survey was conducted between September 2019 and March 2020. Carried out by Amarach Research, it surveyed 1,038 […]

Read More

Central Bank urges action on long term mortgage arrears

14th July 2021

The Central Bank has said more action is needed from mortgage lenders to deal with long term mortgage arrears. Deputy Governor Ed Sibley said there are wider issues associated with the legacy of mortgage arrears including the cost of credit for all borrowers and the attractiveness of the Irish mortgage market for new entrants. Mr […]

Read More