Business News

The Government has approved an increase in the National Minimum Wage of 10 cent an hour, which will bring  it to €10.20 per hour from 1 January.  The move is set to benefit over 122,000 minimum wage workers, though unions have dismissed the increase of less than 1% as inadequate. Some weeks ago, Irish Congress of Trade Unions […]

Revenue has brought forward the date of payment for Employment Wage Subsidy Scheme supports to eligible employers.  EWSS payments in respect of September payroll submissions, which were due to be made as soon as possible after October 14, will now be paid into the designated bank accounts of eligible employers by this Friday morning, October […]

The Tourism Recovery Taskforce has called for radical steps to sustain and revive the industry post-Covid 19 including €120m in grant aid, a loan scheme and staggered school holidays. The Tourism Recovery Taskforce published its Tourism Recovery Plan 2020-2023 yesterday. Chair of the Tourism Recovery Taskforce and CEO of the Incoming Tour Operators Association Ruth Andrews said any longer-term […]

The Tourism Recovery Taskforce has called for radical steps to sustain and revive the industry post-Covid 19 including €120m in grant aid, a loan scheme and staggered school holidays. The Tourism Recovery Taskforce published its Tourism Recovery Plan 2020-2023 yesterday. Chair of the Tourism Recovery Taskforce and CEO of the Incoming Tour Operators Association Ruth Andrews said any longer-term […]

The euro zone’s economic recovery faltered in September with growing evidence sectors and countries in the bloc are diverging as a resurgence of Covid-19 forces the reimposition of restrictions on activity.  A rise in infection rates in Europe will concern policymakers who had hoped the euro zone economy was healing after contracting an historic 11.8% in the […]

The euro zone’s economic recovery faltered in September with growing evidence sectors and countries in the bloc are diverging as a resurgence of Covid-19 forces the reimposition of restrictions on activity.  A rise in infection rates in Europe will concern policymakers who had hoped the euro zone economy was healing after contracting an historic 11.8% in the […]

The number of people claiming the Pandemic Unemployment Payment has fallen to just under 206,000 – down almost 12,000 from over 217,000 a week ago.  That is according to the latest figures from the Department of Employment Affairs and Social Protection.  This week, 205,593 people will receive PUP payments, a reduction of 11,549 compared to last […]

The number of people claiming the Pandemic Unemployment Payment has fallen to just under 206,000 – down almost 12,000 from over 217,000 a week ago.  That is according to the latest figures from the Department of Employment Affairs and Social Protection.  This week, 205,593 people will receive PUP payments, a reduction of 11,549 compared to last […]

The Central Bank has said the economy has fared better than forecast during the pandemic but the impact on jobs has been worse. In its latest quarterly bulletin, the bank warns recovery will remain uneven and a ‘no-trade deal’ Brexit will hamper any growth next year. Ireland recorded the smallest fall in GDP across Europe due to […]

The Central Bank has said the economy has fared better than forecast during the pandemic but the impact on jobs has been worse. In its latest quarterly bulletin, the bank warns recovery will remain uneven and a ‘no-trade deal’ Brexit will hamper any growth next year. Ireland recorded the smallest fall in GDP across Europe due to […]