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Half of restaurants face permanent closure due to pandemic, says RAI

23rd March 2021

Half of restaurants face permanent closure in the wake of the coronavirus pandemic, according to the lobby group which represents the industry.  The Restaurants Association of Ireland will tomorrow call for the VAT reduction from 13.5% to 9%, which was introduced late last year, to remain in place until 2025.  It will also demand that […]

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Increase in Govt spending due to Covid second highest in euro area

23rd March 2021

The increase in Government spending in response to the Covid pandemic over the first three quarters of last year was the second highest in the euro area, according to a report published by the Central Bank.  In an ‘Economic Letter’ which sets out the views of Central Bank economists rather than the Bank itself, the […]

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Increase in Govt spending due to Covid second highest in euro area

23rd March 2021

The increase in Government spending in response to the Covid pandemic over the first three quarters of last year was the second highest in the euro area, according to a report published by the Central Bank.  In an ‘Economic Letter’ which sets out the views of Central Bank economists rather than the Bank itself, the […]

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Average €4,000 loss to SMEs from fraud last year – Bank of Ireland research

22nd March 2021

The average loss to a small and medium enterprise here arising from fraud stood at just below €4,000 last year, according to research carried out by Bank of Ireland. The most common way in which an SME experienced fraud was via an invoice that appeared to be from a vendor but contained amended bank account […]

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Views sought on reform of Personal Injuries Board

22nd March 2021

A public consultation on enhancing and reforming the remit of the Personal Injuries Assessment Board (PIAB) begins today. Launched by the Minister for Trade Promotion, Digital and Company Regulation, Robert Troy, it is part of the Government’s Action Plan for Insurance Reform. The objective of the consultation is to enhance the board’s remit, to bring […]

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Mortgage arrears – is this the calm before another storm?

22nd March 2021

There was a time in the last decade when the Central Bank’s mortgage arrears figures were as keenly anticipated as the property price figures from the Central Statistics Office. They’ve gradually slipped from public and media focus as the years have passed, but the problem hasn’t gone away. There remains a significant number of residential […]

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Mortgage arrears – is this the calm before another storm?

22nd March 2021

There was a time in the last decade when the Central Bank’s mortgage arrears figures were as keenly anticipated as the property price figures from the Central Statistics Office. They’ve gradually slipped from public and media focus as the years have passed, but the problem hasn’t gone away. There remains a significant number of residential […]

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Retail, transport workers should receive living wage – Varadkar

19th March 2021

Essential workers including those in retail, transport, cleaning and food service should receive a living wage with access to an occupational pension, according to the Tánaiste and Minister for Enterprise, Trade and Employment Leo Varadkar. However, addressing a seminar of the Employment Bar Association, Mr Varadkar failed to indicate any time frame for when the […]

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Retail, transport workers should receive living wage – Varadkar

19th March 2021

Essential workers including those in retail, transport, cleaning and food service should receive a living wage with access to an occupational pension, according to the Tánaiste and Minister for Enterprise, Trade and Employment Leo Varadkar. However, addressing a seminar of the Employment Bar Association, Mr Varadkar failed to indicate any time frame for when the […]

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Slight decline in mortgages in arrears in final quarter – Central Bank

19th March 2021

There was a marginal decline in the number of mortgage accounts on private residences that were in arrears at the end of December, according to the Central Bank. 54,986 mortgage accounts were in some form of arrears by the end of the year, a decline of 0.8% – or 462 accounts – over the three […]

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