Business News

Tánaiste and Minister for Enterprise, Trade and Employment Leo Varadkar says he does not believe a free trade agreement can be reached if the UK does not honour the UK EU Withdrawal Agreement. Mr Varadkar said he hopes that proposed new Brexit-related Westminster legislation is simply “sabre rattling”, adding that  the strategy and behaviour of […]

Sterling fell to a 12-day low against the US dollar and the euro today as Brexit talks veered into fresh crisis after Britain threatened to undermine its European Union divorce deal.   The pound was down 1% at $1.3145, its lowest level since August 26, while against the euro, it touched a low of 89.90 […]

Sterling fell to a 12-day low against the US dollar and the euro today as Brexit talks veered into fresh crisis after Britain threatened to undermine its European Union divorce deal.   The pound was down 1% at $1.3145, its lowest level since August 26, while against the euro, it touched a low of 89.90 […]

New figures from the Central Statistics Office show that the economy contracted by 6.1% during the second quarter of 2020 due to the impact of the Covid-19 restrictions – the biggest quarterly drop ever recorded. This means the economy is now in recession after an initial estimate that it expanded in the first quarter was […]

New figures from the Central Statistics Office show that the economy contracted by 6.1% during the second quarter of 2020 due to the impact of the Covid-19 restrictions – the biggest quarterly drop ever recorded. This means the economy is now in recession after an initial estimate that it expanded in the first quarter was […]

The UK has demanded “more realism” from the European Union ahead of crucial post-Brexit trade talks, which get under way in London. However, the mood was soured by reports that the British government was looking to rewrite the Withdrawal Agreement that the two sides have already signed. British Prime Minister Boris Johnson’s chief negotiator David […]

The UK has demanded “more realism” from the European Union ahead of crucial post-Brexit trade talks, which get under way in London. However, the mood was soured by reports that the British government was looking to rewrite the Withdrawal Agreement that the two sides have already signed. British Prime Minister Boris Johnson’s chief negotiator David […]

The euro zone’s recovery ran out of steam midway through the third quarter, with gauges of activity pointing to contractions in Italy and Spain. While manufacturing output rose markedly in August, the larger services sector saw only marginal growth, according to an IHS Markit report. Orders increased at a slower pace, job cuts continued and […]

Most Irish firms still aren’t ready for the extra customs costs and workload of Brexit trade, according to Chartered Accountants Ireland. A quarter of firms surveyed by the professional body say they have been “unavoidably diverted” by the Covid-19 crisis. The findings come ahead of tomorrow’s resumption of talks in London between UK and EU […]

Most Irish firms still aren’t ready for the extra customs costs and workload of Brexit trade, according to Chartered Accountants Ireland. A quarter of firms surveyed by the professional body say they have been “unavoidably diverted” by the Covid-19 crisis. The findings come ahead of tomorrow’s resumption of talks in London between UK and EU […]