Professional salaries in certain sectors of the Irish jobs market are expected to increase by between 5 and 10 per cent in 2022, with increases of 15-20 per cent likely for some in-demand niche skills, according to professional services recruitment consultancy Morgan McKinley. It says more than four in five people are considering a career […]
Highvern has established an Irish office, led by country head Philip Dempsey and directors Adrian Bailie and Emma Keane in three new appointments. The Irish office will provide corporate and fund administration services to both regulated and unregulated structures ranging across debt, capital markets, real estate, infrastructure, private equity, and other alternative asset
Strong Exchequer Returns Demonstrate Effectiveness of Government’s Business and Job Support Strategy
Chambers Ireland, the voice of business throughout Ireland, argues the Exchequer Returns emphasise the strong economic position we are in, despite two years of the pandemic. Strong tax returns, particularly in income tax, demonstrate that Government policy to support businesses and jobs has been correct. This suggests that we will be in an ideal position […]
The Minister for Rural and Community Development, Heather Humphreys TD, has announced €21.5 million for 27 landmark regeneration projects in rural communities across the country. The funding, under the Rural Regeneration Development Fund (RRDF), is being invested in projects that will rejuvenate town centres, drive economic growth and footfall, combat dereliction, develop
The Minister for Health, Stephen Donnelly TD and the Minister for Public Health, Well Being and the National Drugs Strategy, Frank Feighan TD have welcomed minimum unit pricing on retail alcohol sales coming into force. Ireland is now one of only a small number of countries in the world to introduce minimum pricing. Scotland was […]
Most of us have had to explain to a retiring parent, elderly aunt or grandparent the inner workings of new tech. And while Wi-Fi, social media and bluetooth are mostly now understood, the new conversation is about understanding cryptocurrency and blockchain. As the digital-savvy young person, you will be considered the expert. So it’s worth […]
The Minister for the Environment, Climate and Communications, Eamon Ryan TD, announced Government approval for the Micro-generation Support Scheme (MSS). This scheme provides a range of supports to assist homes and businesses to develop renewable generation for self-consumption; the micro-generation enabling framework introduces payments to micro-generators for exported
The Minister for Finance, Paschal Donohoe TD, has announced that the Government will sell part of the State’s 71.12% directed shares in AIB Group Plc (the “Company”) over approximately the next six months through a pre-arranged trading plan that will be managed by Merrill Lynch International. BofA Securities was appointed to the role from the […]
IDA Ireland, the inward investment promotion and development agency of the Irish Government, reported a record breaking year for FDI employment with significantly higher levels of Foreign Direct Investment (FDI) in 2021 compared with 2020 and strong gains recorded in both gross and net employment. Total employment in IDA client companies in Ireland now stands […]
Ireland’s capital remains one of the leading European tech cities, just behind London and Paris. So it’s encouraging that the latest Financial Times’ Tech Cities of the Future rankings described Dublin as a “thriving hotspot for start-ups”, and Enterprise Ireland’s support structures for early-stage entrepreneurs play a huge part in the city scoring highly.
Chambers Ireland, the voice of business throughout Ireland, is concerned about the challenges businesses are experiencing due to uncertainties around Covid-19 supports. In light of the reintroduction of restrictions, it is clear that we are not in the recovery scenario that underpinned Government decision-making regarding Covid-19, and Budget 2022. However, above-profile
The latest Dublin Economic Monitor (DEM), published this morning by the four Dublin Local Authorities, shows that the recovery in the Capital is gathering momentum and providing a much-needed stimulus for many sectors of the economy. Dublin’s IHS Markit Purchasing Managers’ Index (PMI) shows that private sector business activity in Dublin continued to expand in […]
A new cross-border partnership established to foster economic growth along the key strategic route between Dublin and Belfast has announced its inaugural political leadership team who will help drive employment opportunities, address barriers impacting trade and encourage the delivery of better transport infrastructure. Cllr Pete Byrne from Newry, Mourne and Down District
Tánaiste and Minister for Enterprise, Trade and Employment, Leo Varadkar TD has welcomed the conclusion of negotiations by 67 WTO Members on a joint statement initiative aimed at reducing barriers to Services Trade among participating countries. In welcoming the conclusion of negotiations, the Tánaiste stated that “despite last Friday night’s postponement of the
Meath County Councillors have adopted the budget for 2022 which provides for expenditure of over €162 million on local public services, an increase of €7.62 million (4.9%) from 2021. Councillors adopted the annual budget for 2022 at a meeting on Monday, November 29 with plans for increased spending across many headings. The largest spend in […]
Minister for Social Protection, Heather Humphreys TD, has announced that the Christmas Bonus will be paid to some 1.4 million people next week. As part of the Budget 2022 discussions, Minister Humphreys secured a 100% bonus again this year, at a cost of over €313 million. Christmas Bonus are paid to pensioners, carers, people with […]
Fashion retailer Penneys is to create 700 new jobs as part of a €250m capital investment and redevelopment programme. The plan will see the company increase its total retail space in Ireland by 20% over the next decade. The expansion will include a new store in The Square in Tallaght which will open in the […]
Ministers of State with the Department of Enterprise, Trade and Employment, Robert Troy TD and Damien English TD have announced the successful projects under the government’s Regional Enterprise Transition Scheme (RETS) Feasibility Funding. The funding, totalling €548,250, will see 18 feasibility studies carried out in the coming months across a range of projects
Retail spending in the Dublin economy surged in the third quarter of 2021, driven by considerable pent-up consumer demand and the lifting of Covid-19 restrictions. The latest MasterCard SpendingPulse™, produced on behalf of the four Dublin Local Authorities, shows that total retail expenditure expanded by 14.9% QoQ (SA) to reach the highest point since the […]
The Minister of State for Heritage and Electoral Reform, Malcolm Noonan TD, has announced the approval by the European Commission of a new EU LIFE project, LIFE On Machair, worth over €5.7 million in EU funding. The project will work with Donegal, Mayo and Galway farmers to improve ecological conditions for breeding waders and pollinators. […]