Minister of State at the Department of Finance for Financial Services, Insurance and Credit Unions Dr Jennifer Carroll MacNeill has urged firms in the financial services industry to demonstrate their commitment to delivering gender balance by signing up to Ireland’s Women in Finance Charter. Minister Carroll MacNeill highlighted the importance of the Charter as the […]
Online bank Revolut is to start rolling out credit cards to existing customers in Ireland. The company says the approval process will be immediate for those who are eligible and that the Revolut app will give users the option to set a budget for credit spending. There is no interest for the first three months […]
Irish-based fintech humm, part of ASX-listed Humm Group Limited, has announced a new payments partnership with the country’s largest department store, Arnotts with their homeware offering. Beginning with its furniture division, the partnership will enable Arnotts customers to access humm’s flexible payment products. humm is the market-leading retail credit provider in
The Minister for Finance, Micheal McGrath TD, published his Department’s sixth annual assessment of public indebtedness, the Annual Report on Public Debt in Ireland 2022. The Report is prepared in order to analyse key trends in Irish public debt. The key message from the report is that the level of indebtedness remains high, despite the […]
Minister for Enterprise, Trade and Employment, Simon Coveney TD along with the Minister for Agriculture, Food and the Marine, Charlie McConalogue TD, and Minister for Finance, Michael McGrath TD, have announced Bank of Ireland as the first lender to the market for the Ukraine Credit Guarantee Scheme. A number of other lenders are expected to […]
Waterland Private Equity Investment has raised €4 billion across two European investment funds, with some of the backing coming from the Ireland Strategic Investment Fund. The firm has closed fund-raising on its Private Equity Fund IX fund at €3.5 billion after four months. Its Partnership Fund I has closed at €500m. Other backers include asset […]
Apex Group, a global financial services provider, announced the planned acquisition of Bank of America Custodial Services Limited, the Irish depositary business of Bank of America. A spokesperson said, “Apex announces the planned acquisition of Bank of America Custodial Services Limited, the Irish depositary business of Bank of America. Apex Group will acquire BACSIL
The accounts of Revolut customers in Ireland are to be migrated over to an Irish IBAN number in the coming months, the online bank has said. It follows the decision of the company to set up an Irish branch of its European business, Revolut Bank UAB, and begin migrating customers here to it. The move […]
The 11th edition of KPMG Ireland’s ‘Emerging Trends in Infrastructure’ is here and is as much about inspiring an essential change in mindset as it is about predicting future trends. KPMG look ahead to potential approaches and technological solutions, raise new ideas and explore the opportunities that are being created. Future generations
The Minister for Enterprise, Trade and Employment, Simon Coveney, has welcomed the new entitlement to employer paid sick leave which comes into effect. Workers will now be entitled to up to 3 days of employer-paid sick leave in a year, paid at 70% of gross salary up to a cap of €110 per day. Minister […]
As the year end approaches now is an ideal time for PAYE workers to look ahead to 2023 and review their tax affairs to ensure they are maximising their entitlements to tax credits and other reliefs. Claire Davey, Director, People Services, KPMG Tax, provides some key insights. What Revenue Facilities are Available for PAYE Workers? […]
Interpath Advisory, a financial advisory business, has appointed a trio of Managing Directors to its business across the island of Ireland. Ken Fennell and Mark Degnan arrive in the firm’s Irish wing, while Stuart Irwin joins in Northern Ireland. Since its launch following the sale of KPMG’s UK Restructuring business in May 2021, Interpath has opened 13 offices across the
The Minister for Public Expenditure and Reform, Michael McGrath TD, together with the Southern Regional Assembly, Northern and Western Regional Assembly and the Eastern and Midlands Regional Assembly, launched Ireland’s two European Regional Development Programmes (ERDF) Programmes for the period 2021 – 2027. Following lengthy negotiations, the EU Commission adopted the
Building on the progress to date to improve terms and conditions for workers, the Tánaiste and Minister for Enterprise, Trade and Employment, Leo Varadkar, has announced the introduction of a national living wage for employees. As agreed by Government, the national living wage will be set at 60% of hourly median wages in line with […]
Dún Laoghaire-Rathdown Local Enterprise Office (DLR LEO) are leading the way with a new initiative for self-paced learning. The organisation have launched a self-learning app which has access to two Financial Understanding modules for users from non-financial backgrounds to improve their financial literacy skills. Why Should I Up-Skill in Financial Literacy? Financial
Minister for Agriculture, Food and the Marine, Charlie McConalogue, launched the €30 million 2023 Fodder Support Scheme. Launching the measure, Minister McConalogue said, “supporting our family farms through this continued period of uncertainty remains a key priority of mine and the government as a whole. There continues to be price pressure for agricultural input costs,
Minister for Rural and Community Development, Heather Humphreys, has announced the details of the €180 million LEADER Programme for 2023-2027. The major investment will support thousands of locally-led rural development and enterprise projects over the next 5 years. This allocation is in addition to the €70 million already provided for LEADER for 2021 and 2022, […]
A Government campaign has urged householders and businesses to ensure that they are availing of the supports that are in place to help all of us through this challenging winter. Alongside key partners like the CRU (Commission for Regulation of Utilities), MABS (Money and Budgeting Advice Service), ALONE and SEAI (Sustainable Energy Authority of Ireland), […]
Fidelity Investments Ireland has announced further expansion of its national footprint commencing a recruitment drive for 300 new fulltime positions for its world-class team in Ireland. Work to fill these roles is underway and the company is looking to have all positions filled within 2 years. When complete this recruitment will see the company’s Irish […]
The Minister for Social Protection, Heather Humphreys, and the Minister for Public Expenditure and Reform, Michael McGrath, have announced the payment dates for the €1.2 billion cost of living payments introduced as part of last month’s Budget. The Social Protection budget – the largest in the history of the State – will assist pensioners, carers, […]