Financial - Council.ie

Meath County Councillors have adopted the budget for 2024, which provides for expenditure of over €208.7 million on local public services, an increase of over €22m (or 12%) on last year’s budget and the first time the Council budget has exceeded €200m. Councillors adopted the annual budget for 2024 at a meeting recently, with plans […]

Business Financial News

€257m in Grants to Help Meet Increased Cost of Business

By Ryan Harmon 7 December 2023

Minister for Enterprise, Trade and Employment Simon Coveney has announced that the government has signed off an increased package of €257 million for the Increased Cost of Business (ICOB) grants. The grant was announced as part of Budget 2024 and will be paid in once-off grants to small and medium businesses in the first quarter […]

Business Financial News

Exciting Times Ahead for Ireland’s Credit Unions

By Ryan Harmon 1 December 2023

The passing of the Credit Union (Amendment) Bill 2022 at Report and Final Stages in the Dáil, has been welcomed by Jennifer Carroll MacNeill TD as a step forward for Ireland’s credit unions. The Bill will now be referred to the Seanad and finally to the President of Ireland for approval. Minister Carroll MacNeill stated, […]

Business Financial News

Second Allocation of Funding Under Irish Innovation Seed Fund

By Ryan Harmon 27 November 2023

Minister for Enterprise, Trade and Employment, Simon Coveney, and the Minister for Finance Michael McGrath welcomed the announcement of a further commitment of up to €20 million to Resolve Ventures, in what is the second allocation from the Irish Innovation Seed Fund. The first commitment under this programme saw an allocation to WakeUp Capital in […]

Business Financial News

Minister McGrath Welcomes Publication of European Commission’s Opinion on Ireland’s Budget 2024 Plan

By Ryan Harmon 23 November 2023

The Minister for Finance, Michael McGrath TD, welcomes the publication by the European Commission of its Opinion on Ireland’s Draft Budget 2024. Overall, the Commission is of the opinion that Ireland’s DBP is in line with the recommendations adopted by the Council in July which, amongst others, recommended Ireland to maintain a sound fiscal position […]

Business Financial News

AIB Welcomed As Lender for €500m Growth and Sustainability Loan Scheme

By Ryan Harmon 15 November 2023

Allied Irish Bank Group (AIB) has confirmed it is joining the €500 million Growth and Sustainability Scheme as a lender. The scheme will provide eligible SMEs, including farmers, fishers, and Small Mid-Caps with competitively priced loans of between €25,000 and €3 million for terms of up to ten years, with loans of up to €500,000 […]

Business Financial News

Zodia Markets Receives Registration as a Virtual Asset Service Provider in Ireland

By Ryan Harmon 7 November 2023

Zodia Markets, the Standard Chartered backed digital asset exchange and brokerage platform, announces that it has received its registration as a Virtual Asset Service Provider (VASP) by the Central Bank of Ireland (CBI). This follows on from the firm receiving cryptoasset registration from the UK’s Financial Conduct Authority (FCA) in July 2022 and its In-Principle […]

Business Financial News

Dundalk-Based Ctrl Alt Raises €2.5m with Enterprise Ireland Among the Investors

By Ryan Harmon 25 October 2023

Ctrl Alt, a fintech start-up based in London and Dundalk, has secured €2.5 million in funding with Enterprise Ireland and MiddleGame Ventures among the backers. Founded in 2020 by Matt Ong, who had formerly held senior roles at both Morgan Stanley and Credit Suisse, Ctrl Alt is a business-to-business provider for alternative assets. It assists […]

Financial News

Online Public Survey to Inform Cross-Sectoral Strategy to Combat Economic Crime and Corruption

By Ryan Harmon 17 October 2023

Minister for Justice Helen McEntee TD has launched an online survey seeking the views of members of the public to help form a cross-sectoral strategy on how to combat economic crime and corruption. The short online survey will ask participants about their personal concerns regarding economic crime and its impact on society, as well as […]

Business Financial News

Your Guide to Budget 2024

By Ryan Harmon 11 October 2023

This guide provides a high-level overview of Budget 2024. It aims to explain how money will be raised and spent in 2024. One-Off Cost of Living Supports Measure Date €450 electricity credits (3 x 150) 2023/24 €300 Fuel Allowance lump sum Winter 2023 €200 Living Alone Allowance lump sum Winter 2023 Double month Child Benefit Winter 2023

Financial News

2023/24 Fuel Allowance Season Launches

By Ryan Harmon 26 September 2023

The Minister for Social Protection, Heather Humphreys TD, has announced the start of the National Fuel Allowance Scheme for the 2023/24 Season. Fuel Allowance, which is a means-assessed payment, will be paid for 28 weeks to some 404,000 households across the State. The payment is made at the weekly rate of €33 or if preferred, […]

Business Financial News

First Lender to Market for €500m Growth and Sustainability Loan Scheme

By Ryan Harmon 21 September 2023

Minister for Enterprise, Trade and Employment, Simon Coveney, along with the Minister for Agriculture, Food and the Marine, Charlie McConalogue, and Minister for Finance, Michael McGrath, have announced Bank of Ireland as the first lender to the market for the €500 million Growth and Sustainability Loan Scheme. A number of other lenders, including non-bank lenders, […]

Business Financial News

European Commission Proposes New Rules for Tax Procedures

By Ryan Harmon 1 August 2023

The European Commission (EC) issued a proposal for a Council Directive for tax procedures providing for the ‘Faster and Safer Relief of Excess Withholding Taxes (FASTER)’ initiative. The aim of the proposal is to make withholding tax (WHT) procedures in the EU more efficient and secure for investors, financial intermediaries, and local tax

Financial News

Development of Ireland’s First National Financial Literacy Strategy

By Ryan Harmon 14 July 2023

The Minister for Finance, Michael McGrath TD, has announced the development of the first National Financial Literacy Strategy for Ireland. The Minister made the announcement following the launch of the Competition and Consumer Protection Commission’s (CCPC) report on ‘Financial Wellbeing in Ireland: Financial literacy and inclusion in 2023’. Speaking about the strategy,

Business Financial News

Ministers Welcome AIB As Lender for €1.2b Ukraine Credit Guarantee Scheme

By Ryan Harmon 19 June 2023

Allied Irish Bank Group (AIB) has confirmed it is joining the Ukraine Credit Guarantee Scheme as a lender. This scheme has a lending ceiling of €1.2 billion and facilitates loans for working capital and medium-term investment. The important features are: No personal guarantee or collateral required for loans up to €250,000. Loans of up to […]

Business Financial News

Cryptocurrency Platform Gemini Chooses Dublin as its European HQ

By Ryan Harmon 26 May 2023

Cryptocurrency platform Gemini has announced Dublin as the location for its European HQ. Gemini launched its platform in Ireland and eleven other European markets in the fourth quarter of last year. Gemini’s positive view of the Irish regulatory landscape, coupled with the capital’s deep talent base in technology and innovation, and thriving startup scene were […]

Business Financial News

Paysend Launches New European Hub in Dublin to Drive EU Growth Strategy

By Ryan Harmon 2 May 2023

Paysend, the UK-based fintech with a rapidly growing market share in card-to-card consumer payments, announced the opening of an EU hub in Dublin to drive its expansion into the European market. Having recently received an Electronic Money Institution licence (EMI) from the Central Bank of Ireland, the new location will be used to expand the […]

Financial News

State’s Participation in AIB 2023 Share Buyback Programme

By Ryan Harmon 26 April 2023

The Minister for Finance, Michael McGrath, announces that he has accepted an offer from AIB Group Plc (the “Company” or “AIB”) to participate in their 2023 share buyback programme on a directed basis. The buyback will see the Company acquire €215 million of its shares from the State by way of an off-market purchase. The […]

Financial News

State’s €12 Billion Fiscal Response to Cost of Living Challenge

By Ryan Harmon 11 April 2023

The Minister for Finance Michael McGrath has published an assessment by his department on the fiscal response to the cost of living challenge. The aim of the analysis is to outline the key objectives of the government’s strategy and to document and quantify the fiscal response. Commenting on the analysis set out in the report, […]

Financial News

First Action Plan From Updated Ireland for Finance Strategy Launched

By Ryan Harmon 13 March 2023

The Minister of State for Financial Services, Credit Unions, and Insurance Dr Jennifer Carroll MacNeill TD launched the first Action Plan from the updated Ireland for Finance strategy following Cabinet approval. The 2023 Action Plan under the Update to the Ireland for Finance strategy sets out the key measures that the public and private stakeholders […]

Meath County Council Adopts €208m Budget for 2024

€257m in Grants to Help Meet Increased Cost of Business

Exciting Times Ahead for Ireland’s Credit Unions

Second Allocation of Funding Under Irish Innovation Seed Fund

Minister McGrath Welcomes Publication of European Commission’s Opinion on Ireland’s Budget 2024 Plan

AIB Welcomed As Lender for €500m Growth and Sustainability Loan Scheme

Zodia Markets Receives Registration as a Virtual Asset Service Provider in Ireland

Dundalk-Based Ctrl Alt Raises €2.5m with Enterprise Ireland Among the Investors

Online Public Survey to Inform Cross-Sectoral Strategy to Combat Economic Crime and Corruption

Your Guide to Budget 2024

First Lender to Market for €500m Growth and Sustainability Loan Scheme

European Commission Proposes New Rules for Tax Procedures

Development of Ireland’s First National Financial Literacy Strategy

Ministers Welcome AIB As Lender for €1.2b Ukraine Credit Guarantee Scheme

Cryptocurrency Platform Gemini Chooses Dublin as its European HQ

Paysend Launches New European Hub in Dublin to Drive EU Growth Strategy

State’s €12 Billion Fiscal Response to Cost of Living Challenge

First Action Plan From Updated Ireland for Finance Strategy Launched

Join Us

Latest Posts

Denise Harris, CEO of Harris Group, Awarded Freedom of the City of London

Enterprise Ireland announces client exports of €34.57bn in 2023

AxisBIC Offers A Firm Commitment To Entrepreneurs In Clare And Limerick

Minister of State Heydon signs Agri-Food Cooperation Agreement with Vietnamese Ministry

PCI Pharma Services to Construct New Pharmaceutical Packaging Facility at CityNorth Business Campus

Funding given to enhance Visitor Experience at four OPW sites in Ireland’s Hidden Heartlands

Limerick City Chosen as Site for New Tech R&D Centre

Yourway Celebrates Opening of its Flagship GMP Depot in Dublin

Join Us

Latest Posts

Tags