Business Financial News

Workday to Create 1,000 Jobs in Dublin Over the Next Two Years

By Ryan Harmon 5 April 2022

Workday, a leader in enterprise cloud applications for finance and human resources, have announced that it intends to create 1,000 new jobs over the next two years at its European headquarters in Dublin, increasing its Ireland-based workforce by approximately 60%. This investment is supported by the Irish Government through IDA Ireland. In addition, to support its future

Business Council Partners Financial News

€54m in Financial Supports to Donegal Businesses During the Pandemic

By Ryan Harmon 30 March 2022

Since the very early days of the Covid-19 pandemic, several financial business supports have been provided by Donegal County Council to many businesses in the county. These supports included several grant schemes and initiatives delivered through the Council’s Finance Directorate and Local Enterprise Office (LEO). Within months of the pandemic in 2020, the Finance

Environment Financial News

EU-Funded Conservation Project Aims to Deliver a 20% Increase in Corncrake Population

By Ryan Harmon 28 March 2022

A new €5.9m EU-funded LIFE conservation project overseen by the Department of Housing, Local Government and Heritage was launched in Gort a Choirce in Co. Donegal, Friday March 25th by Minister of State for Heritage and Electoral Reform Malcolm Noonan TD and Minister of State with responsibility for land use and biodiversity at the Department […]

Business Financial News

Revolut Launch New Deposit Accounts in Ireland

By Ryan Harmon 25 March 2022

The online financial platform Revolut is launching deposit accounts in Ireland. Customers’ funds of up to €100,000 will be protected under the Lithuanian deposit guarantee scheme. The move to launch ‘Revolut Bank’ in Ireland comes ahead of the withdrawal by Ulster Bank and KBC from the Irish market, which has left nearly 1.5 million customers […]

Financial News

Opening of 3 New City Centre Hubs to Support Ukrainian Families

By Ryan Harmon 21 March 2022

The Minister for Social Protection Heather Humphreys has announced the establishment of 3 new city centre hubs to support Ukrainian nationals who have fled the Russian invasion. The ‘Ukraine Support Centres’ in Dublin, Cork and Limerick will assist Ukrainians in obtaining PPS Numbers, availing of Social Welfare income supports, and receiving referrals to other State […]

Business Financial News

Bank of Ireland Opens Manhattan Base to All Business Customers

By Ryan Harmon 21 March 2022

Bank of Ireland has opened its Manhattan offices to its business customers. The NYC Hub is being targeted at banking customers looking to expand into the United States, offering a location for meetings with customers and potential investors. Based at the Irish lender’s offices at 2 Grand Central Tower in Manhattan, it was previously restricted […]

Financial News

Extra €125 Fuel Allowance Payments to be Paid to 372,000 Households

By Ryan Harmon 15 March 2022

Minister for Social Protection, Heather Humphreys, has announced that the €125 once-off Fuel Allowance payments will be paid to 372,000 households this week. The payment, on top of regular Fuel Allowance, was agreed as part of the government’s €505 million package aimed at mitigating the effects of rising energy costs. Households will receive the payment […]

Culture Financial News

€150m Package of Supports for Rural Communities

By Ryan Harmon 11 March 2022

Minister for Rural and Community Development, Heather Humphreys TD, has outlined a package of supports of over €150 million designed to transform rural towns, villages and communities throughout 2022. Hosting a webinar entitled ‘Government Supports for Thriving Rural Areas and Vibrant Communities’, Minister Humphreys detailed the various funding streams within her

Business Financial News

Tánaiste Welcomes Record Services Exports of €285b for 2021

By Ryan Harmon 7 March 2022

The Tánaiste and Minister for Enterprise, Trade and Employment, Leo Varadkar, has welcomed preliminary data released by the Central Statistics Office which shows the value of services exports from Ireland rose to €285.6 billion in 2021, the highest level on record. This is an increase of 17% when compared to 2020. The largest increase was […]

Business Financial News Technology

Irish Fintech Investment & Venture Capital Trends

By Ryan Harmon 1 March 2022

KPMG has published its Pulse of Fintech biannual report, highlighting global and regional fintech investment trends and Venture Pulse Q4’21 report, tracking venture capital (VC) activity around the globe, including in Ireland. Key findings from the Pulse of Fintech report, which tracks M&A, venture capital and private equity activity, show that the Irish fintech

Business Financial News

€1m Enterprise Ireland Competitive Start Fund Opens

By Ryan Harmon 18 February 2022

Early-stage entrepreneurs and entrepreneurial teams have been invited to apply for Enterprise Ireland’s €1m Competitive Start Fund (CSF) which is now open for applications. The competition is open to early-stage companies from all sectors with an eligible innovative product or service set for global markets. The fund will award up to €50,000 in equity funding […]

Council Partners Financial News

€597m for Regional and Local Roads

By Ryan Harmon 16 February 2022

Minister for Transport, Eamon Ryan TD, has announced details of a €597 million investment programme for 2022 for regional and local roads. Overall funding will increase by over 4% this year. The funding package will allow approximately 3,100kms of roads to be maintained and 2,550kms to be strengthened. Minister Ryan stated, “the main priority in […]

Business Financial News

New €90m Fund for Irish Start-Ups Launched

By Ryan Harmon 10 February 2022

The Tánaiste and Minister for Enterprise, Trade and Employment, Leo Varadkar TD and the Minister for Finance, Paschal Donohoe TD have launched a new €90m fund for Irish start-ups at Trinity College Dublin’s Tangent Ideas Workspace for student entrepreneurs. By investing in several underlying venture funds, the Irish Innovation Seed Fund Programme will provide vital […]

Business Financial News

Going for Growth Women Entrepreneurs Have €69m Annual Sales

By Ryan Harmon 9 February 2022

An overall group of 79 women taking part in the Going for Growth programme between them generate annual revenues of €69m and employ around 860 people. The 65 women entrepreneurs selected for the 14th cycle of Going for Growth have already achieved annual sales of €44m and one-third are already exporters. These businesses currently employ almost 550 […]

Financial News

€35m to be Invested in Ireland’s 6 Fishery Harbour Centres

By Ryan Harmon 7 February 2022

Minister for Agriculture, Food and the Marine, Charlie McConalogue TD, has announced the allocation of €35m for capital projects in 2022 in Ireland’s six state-owned Fishery Harbour Centres at Killybegs, Ros an Mhíl, An Daingean, Castletownbere, Dunmore East and Howth through the Fishery Harbour and Coastal Infrastructure Development Programme. Announcing the investment,

Business Financial News

Record Employment in International Financial Services in Ireland

By Ryan Harmon 4 February 2022

Minister of State for Financial Services, Credit Unions, and Insurance, Seán Fleming TD, welcomed the record level of employment in international financial services firms in Ireland. The Minister was speaking at the launch of the Ireland for Finance Action Plan for 2022, which has been approved by Cabinet in recent weeks. The new Action Plan […]

Business Financial News

McGill and Partners’ New Ireland Office Open and Growing

By Ryan Harmon 2 February 2022

McGill and Partners, the specialist boutique broker, officially opened its Dublin office in October 2021, having received approval from the Central Bank of Ireland in December 2020. The firm began trading in Ireland in January 2021, working through the pandemic to set up a physical office; fulfilling their intention to broaden their European reach and […]

Business Council Partners Financial News

Omicron Sees Business Activity in Dublin Expand at Softer Pace in Q4

By Ryan Harmon 21 January 2022

The latest PMI survey shows that business activity in Dublin continued to increase during the final quarter of 2021 but at the slowest rate since Q1 when Ireland was in full lockdown. While the headline rate remained elevated at 59.4 it slowed from 62.1 in Q3, as the emergence of the Omicron variant at the end […]

Business Financial News

EI Targets Post-Crisis Exports Recovery for Indigenous Firms

By Ryan Harmon 20 January 2022

Enterprise Ireland (EI) is aiming to increase exports by its client companies by nearly 20pc to €30bn within the next three years, according to the latest strategy plan by the State agency. EI, which supports indigenous manufacturing and services companies, also intends to add 15,000 net jobs per year in that time, as it steers […]

Business Financial News Technology

Blockchain: Explained in Plain English

By Ryan Harmon 19 January 2022

This is not just another article about blockchain technology. This is blockchain explained in plain English. If you and technology haven’t got friendly yet, but you’ve googled ‘blockchain’ at least once – and then given up, overwhelmed with all the information coming at you and flooding your brain – don’t click away! When blockchain was first