Industry & Business

Brexit

TD Securities announces expansion of Dublin operations

    TD Securities announces expansion of Dublin operations

Following a meeting between Taoiseach Leo Varadkar and senior bank executives in Toronto this week, TD Securities confirmed that it will be expanding its operations in Ireland and subject to

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Soft border dependent on EU/UK customs arrangement

    Soft border dependent on EU/UK customs arrangement

Responding to the British Government’s policy papers on future customs arrangements and the future of the Irish Border, ISME, the Irish Small and Medium Enterprises Association has stated that some of

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UK Brexit paper welcome, but major challenges remain – Ibec

    UK Brexit paper welcome, but major challenges remain – Ibec

Ibec has welcomed the aim of the UK government to avoid customs checks on the island of Ireland and develop streamlined or new customs arrangements with the EU in two

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Tourism Minister briefed on Brexit in London

    Tourism Minister briefed on Brexit in London

In a recent visit to London, Minister of State for Tourism and Sport, Brendan Griffin met with the Tourism Ireland team, where he was briefed on the organisation’s 2017 promotional

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Ibec forecasts strong economic growth & employment increases

    Ibec forecasts strong economic growth & employment increases

Ibec has published its latest Quarterly Economic Outlook, which forecasts growth of 4.2% for 2017 and 3.2% in 2018. A strong labour market, in particular, will underpin the buoyancy of

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Mid-year review of overseas tourism 2017

    Mid-year review of overseas tourism 2017

Official CSO figures for the first half of 2017 confirm growth of +4.2% in overseas visitors to Ireland, 182,000 arrivals more than the record first half of 2016. At the

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Companies not taking advantage of stable environment to plan for Brexit

    Companies not taking advantage of stable environment to plan for Brexit

The latest quarterly (April – June 2017) InterTradeIreland Business Monitor Report, shows that, despite the UK voting to leave the EU 12 months ago, the proportion of companies with a

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Over 4.2% growth in overseas visitors for January-June 2017

    Over 4.2% growth in overseas visitors for January-June 2017

Commenting on figures published by the CSO for overseas visitors to Ireland for January to June, Niall Gibbons, CEO of Tourism Ireland, said: “I am pleased to see growth of +4.2%

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Resources for Budget 2018 €400 million more than estimated

    Resources for Budget 2018 €400 million more than estimated

Ibec has called on the Government to show further ambition in meeting Ireland’s critical infrastructure and demographic needs. Launching the group’s Budget 2018 submission, Ibec said that the Government has

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Bank of America to locate EU legal entities to Dublin

    Bank of America to locate EU legal entities to Dublin

IDA Ireland has welcomed Bank of America confirmation that it has chosen Dublin as the preferred location for its principal EU legal entities following the UK’s departure from the EU.

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‘Ireland’s stability seen as a strength in an uncertain world’

    ‘Ireland’s stability seen as a strength in an uncertain world’

Address by Martin D. Shanahan CEO, IDA Ireland at the MacGill Summer School Uncertainty is the “mot du jour” or more accurately the “mot de l’année”. It pervades the global,

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Barclays to continue passported activity post-Brexit

    Barclays to continue passported activity post-Brexit

Barclays has announced that it plans to use its licensed EU subsidiary to allow it to continue passported activity post-Brexit. Martin Shanahan, CEO of IDA Ireland said: “This announcement by

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Underlying growth in Irish economy remains robust

    Underlying growth in Irish economy remains robust

Ibec, the group that represents Irish business, welcomed the publication of new national accounts published today by the CSO which show that the economy continues to grow strongly despite the

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Sharp increase in jobs saved through examinership

    Sharp increase in jobs saved through examinership

New data released to mark the end of the second quarter of 2017 has shown a sharp increase in jobs protected in examinership cases as businesses in Ireland face increasing

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Ireland is fifth most open economy globally

    Ireland is fifth most open economy globally

According to ICC Ireland, Ireland is currently ranked fifth in the International Chamber of Commerce (ICC) Open Markets Index highlighting the importance of international trade for the Irish economy. Commenting on

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2% of British businesses support a ‘no deal’ negotiation option

    2% of British businesses support a ‘no deal’ negotiation option

One month on from the General Election, the British Chambers of Commerce (BCC) has published a post-election survey of over 2,400 companies, which shows that while businesses have a range

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IDA half-year results very strong despite global investor uncertainty

    IDA half-year results very strong despite global investor uncertainty

IDA Ireland, the inward investment agency of the Irish Government, has reported a very strong first half of 2017. Investments approved by IDA in the first half will lead to

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Musgrave announces profit of €73m for financial year 2016

    Musgrave announces profit of €73m for financial year 2016

Musgrave has announced its results for the financial year 2016. The Group reported sales of €3.7 billion and profit before tax of €73 million. Net cash was €121 million and

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Sky News to open Dublin bureau

    Sky News to open Dublin bureau

Sky News is opening a bureau in Dublin to strengthen its presence in Ireland. UK Political Correspondent at Sky News Darren McCaffrey will become Dublin Correspondent and will be permanently

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Irish and UK retailers highlight Brexit challenges

    Irish and UK retailers highlight Brexit challenges

Retail Ireland, the Ibec group that represents the sector, has joined forces with the British Retail Consortium and the Northern Ireland Retail Consortium to explore the implications for the sector

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Brexit: Challenges with solutions

    Brexit: Challenges with solutions

Ibec has launched a comprehensive set of proposals to progress EU-UK negotiations and limit the negative impact of Brexit on business and the wider economy. In advance of the launch

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CSO figures for overseas visitors in Q1 reflect challenge of Brexit

    CSO figures for overseas visitors in Q1 reflect challenge of Brexit

Commenting on recent CSO figures for the first quarter of 2017, Niall Gibbons, CEO of Tourism Ireland, said: “Despite strong growth in visitor numbers from North America (+13%) and from

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Investment in small firms increasing despite Brexit concerns

    Investment in small firms increasing despite Brexit concerns

The Small Firms Association (SFA) today released new data on the finance and investment priorities of small firms. Launching the new data, SFA Chair, Sue O’Neill, stated: “It is very

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Irish CEOs see disruption as opportunity for their business

    Irish CEOs see disruption as opportunity for their business

A new survey by KPMG has found that the majority of Irish CEOs (90%) see disruption as an opportunity, not

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Irish business model leads to exceptional jobs growth in Q1

    Irish business model leads to exceptional jobs growth in Q1

Ibec, the group that represents Irish business, welcomed today’s exceptionally strong jobs numbers published by the CSO as a sign

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“Prepare for Brexit” roadshow launches in Waterford

    “Prepare for Brexit” roadshow launches in Waterford

As part of a nationwide Brexit roadshow, Enterprise Ireland hosted a ‘Prepare for Brexit’ forum at Studio 1 of the

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Enterprise Ireland client company exports increase by 6%

    Enterprise Ireland client company exports increase by 6%

Enterprise Ireland has announced that its clients recorded export sales of €21.6 billion in 2016, representing a 6% increase on

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InterTradeIreland launches Brexit Advisory Service

    InterTradeIreland launches Brexit Advisory Service

A dedicated InterTradeIreland advice service aimed at helping SMEs navigate the challenges of Brexit has been launched. Businesses will be

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Brexit to intensify competition for investment

    Brexit to intensify competition for investment

Following a meeting with EU chief Brexit negotiator Michel Barnier in Dublin, Ibec CEO Danny McCoy welcomed the awareness of

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Final call for entries to €280,000 Seedcorn investor readiness competition

    Final call for entries to €280,000 Seedcorn investor readiness competition

InterTradeIreland is calling all start-ups and early stage companies across the island to enter the Seedcorn Investor Readiness Competition before

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Minister Mitchell O’Connor publishes survey on Irish SMEs views on Brexit

    Minister Mitchell O’Connor publishes survey on Irish SMEs views on Brexit

The Minister for Jobs, Enterprise and Innovation, Mary Mitchell O’Connor has published the findings of a survey of 1,045 SME

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Bring capital beyond the capital – Financial Services Ireland

    Bring capital beyond the capital – Financial Services Ireland

A recently-held conference in Limerick for local business leaders, hosted by Financial Services Ireland (FSI), explored how the Mid-West can

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Quick EU-UK exit deal vital so trade talks can begin

    Quick EU-UK exit deal vital so trade talks can begin

Ibec has said new EU Brexit negotiating guidelines reinforce the need for an early agreement on UK exit terms to

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Calls made for free trade agreement between EU27 and UK post Brexit

    Calls made for free trade agreement between EU27 and UK post Brexit

FoodDrinkEurope, the EU organisation of the food and drink industry, met in Dublin recently to call for a comprehensive free

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Cork businesses report strong start to 2017 despite Brexit uncertainty

    Cork businesses report strong start to 2017 despite Brexit uncertainty

Cork Chamber’s first quarterly economic trends survey of 2017 reviewed activity over the closing months of January, February and March.

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ISME report shows uncertainty around Brexit

    ISME report shows uncertainty around Brexit

The results of the ISME Quarterly Business Trends Survey for the first quarter of 2017 show a decline in the

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Government action needed on EU tendering opportunities – ISME

    Government action needed on EU tendering opportunities – ISME

Last month, ISME, the Irish Small and Medium Enterprises Association identified that billions of euro in tendering opportunities would open

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Minister Breen leads 25 companies on trade visit to Antwerp

    Minister Breen leads 25 companies on trade visit to Antwerp

Pat Breen, Minister for Employment and Small Business is leading an Enterprise Ireland trade visit to Antwerp in Belgium. The

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Calls for Dublin to Belfast one-hour rail link

    Calls for Dublin to Belfast one-hour rail link

Foreign Affairs Minister Charlie Flanagan intends to seek money for a ‘rapid rail link’ between Dublin and Belfast as part

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