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Bussiness

Irish employees enjoy a 5pc earnings boost

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They show that in the second quarter of this year, average weekly earnings were €963.17, up from €911.74 in the same period last year,...
Bussiness

Bank levy to remain in Budget 2025, says Finance Minister Jack Chambers

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Finance Minister Jack Chambers has said he is planning to continue with the bank levy, which will be included in Budget 2025 when it...
Jobs

Quarter of financial services jobs are outside of the capital

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Junior financial services minister Neale Richmond said this represents a growth in direct employment of more than 50pc since 2015, but warned that “this...
Jobs

The Irish Times to wind down its training subsidiary

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Deirdre Veldon, the group managing director, has told staff at the newspaper that the last few years had been “very challenging” for Irish Times...
Bussiness

Blackrock raises stake in Bank of Ireland, while Goldman Sachs cuts holding in PTSB

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Last week, Bank of Ireland – whose CEO is Myles O’Grady – announced that it had made a €1.1bn pre-tax profit in the first...
Bussiness

Aer Lingus says it will take a €55m financial hit from pilots’ strike action

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The figure includes the leasing of aircraft, as well as paying compensation to customers who were affected by the strike, but it does not...
Bussiness

Bank of Ireland books a €1.1bn profit in the first six months of the year

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This triggered its first interim dividends since before the banking crisis, as it plans to pay out €352m, or 35c per share. It has...
Bussiness

Ireland’s economy expanded in second quarter, says CSO

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This followed an increase of 0.7pc in the first quarter.The CSO said the second-quarter increase was mainly driven by an increase in the industry...
Bussiness

Bord na Móna reports record profits of €106m as it leaves peat behind

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The “brown-to green” strategy involves the 91-year-old former turf company closing all its former peat operations, and no longer using peat as a energy...
Bussiness

Greencore revises profit forecast upwards for the year and confirms September dividend

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The company, which has its headquarters in Dublin, now expects full year adjusted operating profit to be between £88m and £90m (€105m-€107m). This is...
Bussiness

Ireland could have more than seven million people by 2057

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In its latest projection of the size of the population and the labour force, the CSO has looked at three different growth scenarios between...
Jobs

Dublin car ban will slash retail spending in the city and lead to loss of 1,787 jobs, claims report

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Businesses warn of ‘devastation’ for capital’s trade if council goes ahead with traffic planAn economic impact assessment of Dublin City Council’s new transport plan,...
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