Industry & Business

Economy

European Commission Approves €2.6 Billion Public Support For the Irish National Broadband Plan

    European Commission Approves €2.6 Billion Public Support For the Irish National Broadband Plan

The European Commission has approved, under EU State aid rules, €2.6 billion of public support for the Irish National Broadband Plan. The scheme will bring high-speed broadband services to consumers

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The Irish Heart Foundation Launches Ground-breaking Childhood Obesity Manifesto

    The Irish Heart Foundation Launches Ground-breaking Childhood Obesity Manifesto

Obesity “represents the greatest single threat to the health and wellbeing of children in Ireland today and drastic action is needed to protect them.” This is the main message of

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Construction Activity Declines at Fastest Pace Since June 2013

    Construction Activity Declines at Fastest Pace Since June 2013

The Ulster Bank Construction Purchasing Managers’ Index® (PMI®) – a seasonally adjusted index designed to track changes in total construction activity – fell to 46.2 in October from 48.3 in September. The rate

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IPRA Forecourt & Retail News Reports on Future Oil Pricing

The latest issue of the IPRA Forecourt & Retail News magazine is now available and its publication is extremely timely following the largest one day jump in crude oil prices

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Dramatic Changes For First-time House Buyers Not a Good Trend

    Dramatic Changes For First-time House Buyers Not a Good Trend

The most recent Central Bank Household Credit Market Report reveals the very dramatic changes underway, particularly for first-time buyers (FTBs), according to Brokers Ireland, which represents 1,250 broker firms throughout

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Major OECD SME and Entrepreneurship Policy Review

    Major OECD SME and Entrepreneurship Policy Review

The Government has launched an OECD Review of SME and Entrepreneurship Policy in Ireland and an accompanying roadmap with priority areas for implementation. The OECD was commissioned in March 2018

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Europe’s Circular Economy Still in its Infancy

    Europe’s Circular Economy Still in its Infancy

Circular material use can minimise waste and resource extraction, improve resource efficiency, reduce greenhouse gas emissions, and contribute to conserving biodiversity. However, according to a newly published European Environment Agency

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Kevin Holland Appointed Chief Executive of Invest Northern Ireland

    Kevin Holland Appointed Chief Executive of Invest Northern Ireland

Invest Northern Ireland has announced the appointment of Kevin Holland (pictured) as Chief Executive to replace Alastair Hamilton who is stepping down from the role after ten years in the

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Continuation of Help-to-Buy Scheme in Budget 2020 Welcomed

    Continuation of Help-to-Buy Scheme in Budget 2020 Welcomed

The continuation of the Help-to-Buy Scheme in the 2020 Budget has been welcomed by Property Industry Ireland, Brokers Ireland, EY Ireland and the Institute of Professional Auctioneers & Valuers. Reacting

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Irish Spirits Exports Increase by 10%

    Irish Spirits Exports Increase by 10%

Irish spirits exports exceeded €1 billion for the first time in 2018. The value of spirits exports from Ireland increased by 10.2% between 2017 and 2018, from €916 million to

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Invest NI Opens New London Hub

    Invest NI Opens New London Hub

Invest Northern Ireland has opened a new trade, investment and innovation hub in London city to support Northern Ireland businesses to drive exports and increase competitiveness. The hub, which will give

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Economic Growth Set to Continue in 2020 But Significant Risks on the Horizon

    Economic Growth Set to Continue in 2020 But Significant Risks on the Horizon

The Irish economy looks set to perform robustly in 2019 with the headline GDP rate forecast to increase by 4.9 per cent, according to the Quarterly Economic Commentary for Autumn 2019

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Shortlist For Ireland’s Most Influential Project

    Shortlist For Ireland’s Most Influential Project

The public is being asked to vote for Ireland’s most influential project from the past 50 years from a shortlist compiled by the Ireland Chapter of Project Management Institute (PMI).

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Over 222,000 Companies Urged to Prepare For Brexit

    Over 222,000 Companies Urged to Prepare For Brexit

The Government has started the process of directly contacting over 220,000 companies through the Companies Registration Office highlighting the need to take urgent action now to protect their businesses against

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Ifac Launches Food & AgriBusiness Report 2019

    Ifac Launches Food & AgriBusiness Report 2019

Ifac, which provides specialist advisory services for the Irish farming, food and agri-business sectors, has launched its 2019 Food & AgriBusiness Report. Overall, the findings point to a less than positive outlook

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GDP Growth Revised Downwards Based on Gloomier Global Outlook But Labour Market Continues to Beat the Odds

    GDP Growth Revised Downwards Based on Gloomier Global Outlook But Labour Market Continues to Beat the Odds

EY has revised downwards its economic forecast for 2020, from 3.3% to 3.0% on the back of weaker global outlook and following remarkable GDP growth of 8.2% in 2018. Growth

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Non-Performing Loans – Still a Long Way to Go and Delays are Costing Borrowers

    Non-Performing Loans – Still a Long Way to Go and Delays are Costing Borrowers

Commenting on the newly published Banking and Payments Federation Ireland (BPFI) paper on Non-Performing Loans, Brokers Ireland said while it is to be welcomed that the pace of progress to address

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The Green Academy – Leave Only Footprints

    The Green Academy – Leave Only Footprints

TDM Consultancy Services can assist with linking technology and the environment using a revolutionary new platform, with the assistance of London South Bank University. The proprietor, Tina Irving, has a

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Over 28,000 Vacant Commercial Properties in Ireland

    Over 28,000 Vacant Commercial Properties in Ireland

The national commercial vacancy rate has risen to 13.3% in Q2 2019, an increase of 0.2 percentage points (pp) on Q2 2018, according to the latest GeoView Commercial Vacancy Rates

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New Government Initiative to Help Customs Capacity Post-Brexit

    New Government Initiative to Help Customs Capacity Post-Brexit

The Irish Government, in association with key industry partners, has launched a new support measure to help customs agents, intermediaries and affected Irish businesses develop the capacity to deal with

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Extend the Strategic Housing Development Scheme – Ibec

    Extend the Strategic Housing Development Scheme – Ibec

Ibec, the group that represents Irish business, has called for the extension of the Strategic Housing Development scheme. Aidan Sweeney, Ibec Senior Public Sector and Regulatory Executive, said: “Housing is a critical part

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Strong Performance in Irish Knowledge Transfer System With New Licences Up 33% in 2018

    Strong Performance in Irish Knowledge Transfer System With New Licences Up 33% in 2018

Knowledge Transfer Ireland (KTI), the State body that works to make it easier for businesses to access publicly-funded research, has launched its 2018 Review and the findings of its Annual

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Irish Hotel Sector at a Turning Point

    Irish Hotel Sector at a Turning Point

Crowe, Ireland’s leading accountancy practice and advisors to the Irish hotel sector, has launched the 24th edition of Ireland’s most comprehensive annual analysis of the Irish hotel sector. The Crowe Ireland Annual Hotel

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Major New SME Policy

    Major New SME Policy

The Government is developing a major new policy on SMEs and entrepreneurship under Future Jobs Ireland, the new plan to prepare

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Completion of €233 Million Center Parcs Longford Forest Project

    Completion of €233 Million Center Parcs Longford Forest Project

An Taoiseach, Leo Varadkar TD, has officially marked the completion of the landmark €233 million forest resort – Center Parcs

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Brexit Preparedness at Food and Drink Firms Jumps to 93%

    Brexit Preparedness at Food and Drink Firms Jumps to 93%

Three years since the UK voted to exit the European Union, Brexit preparedness is widespread amongst Ireland’s food and drinks

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Dynamic Signal Opens Belfast Office, With 100 New Jobs in Local Technology Centre

    Dynamic Signal Opens Belfast Office, With 100 New Jobs in Local Technology Centre

Dynamic Signal, the leading Employee Communication and Engagement Platform, has expanded operations to Belfast and will create a new technology

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Economic Growth Set to Continue in 2020 But at a Reduced Rate

    Economic Growth Set to Continue in 2020 But at a Reduced Rate

Despite operating in the presence of a considerable degree of uncertainty, the Irish economy continues to grow at a robust

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Ireland Improves Performance in European Digitisation Index

    Ireland Improves Performance in European Digitisation Index

The Government has welcomed the news from the European Commission that Ireland has improved its performance in the 2019 EU

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Climate Action Plan Launched

    Climate Action Plan Launched

The Government has published the Climate Action Plan, designed to give Irish people a cleaner, safer and more sustainable future. The

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Have Your Say on Skillnet Ireland Strategy

    Have Your Say on Skillnet Ireland Strategy

Skillnet Ireland is urging employers, employees, industry groups, regional groups, the general public and all interested parties to have their say

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Country’s First Master’s in Blockchain (Distributed Ledger Technologies) Launched

    Country’s First Master’s in Blockchain (Distributed Ledger Technologies) Launched

Ireland’s first ever Master’s in Blockchain (Distributed Ledger Technologies) has been launched. The programme has been developed by Skillnet Ireland’s Technology

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Over 150,000 Jobs Created Outside of Dublin Since 2016

    Over 150,000 Jobs Created Outside of Dublin Since 2016

Labour Force Survey (LFS) data published by the Central Statistics Office show a continued momentum in Ireland’s labour market, with

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Allergan Accelerates Expansion in Ireland With €65 Million Investment

    Allergan Accelerates Expansion in Ireland With €65 Million Investment

Global life-science innovation leader, Allergan, which is headquartered in Ireland and operates four facilities here, has announced a €65 million

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Fund For Circular Economy Innovators Launched

    Fund For Circular Economy Innovators Launched

The Government has launched a €600,000 funding opportunity for novel approaches to promote the circular economy, maximise resource efficiency and

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Significant Slowdown in Dublin Housing Market

    Significant Slowdown in Dublin Housing Market

The average ‘sold price’ for houses across Dublin this year is almost identical to last year, indicating that growth in

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Ireland Remains Cost Competitive But Concern in Certain Areas

    Ireland Remains Cost Competitive But Concern in Certain Areas

The National Competitiveness Council has launched the ‘Cost of Doing Business in Ireland 2019’ report – a report that uses

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€3 Million FEXCO-UCC Research Collaboration Launched

    €3 Million FEXCO-UCC Research Collaboration Launched

FINTECHNEXT – a financial technology (fintech) research collaboration between technology company Fexco, University College Cork (UCC) and Science Foundation Ireland

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South East Business Expo Coincides With New Regional Enterprise Plan

    South East Business Expo Coincides With New Regional Enterprise Plan

More than 450 people visited the recent South East Business Expo, which was held at the WIT Arena in Waterford

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Irish Office Sector Still Failing to Match Pent Up Demand

    Irish Office Sector Still Failing to Match Pent Up Demand

A lack of modern, well located and suitably sized office space remains a national urban challenge, according to the latest

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Derry is the Most Exposed Region in Ireland Post-Brexit

    Derry is the Most Exposed Region in Ireland Post-Brexit

The newly appointed Chair of the Association of Chartered Certified Accountants (ACCA) in Ireland has said that Derry is hugely

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National IP Protocol 2019 to Drive Commercialisation of Irish Research and Boost Economic Growth

    National IP Protocol 2019 to Drive Commercialisation of Irish Research and Boost Economic Growth

The Government has launched the National IP Protocol 2019. The Protocol, which is in its third edition, is produced and managed

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The Impact of Various Brexit Scenarios on the Irish Economy

    The Impact of Various Brexit Scenarios on the Irish Economy

A new study from the ESRI and the Department of Finance finds that GDP in Ireland ten years after Brexit

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Marketing Campaign Worth €1.2 Million Unveiled by Guaranteed Irish

    Marketing Campaign Worth €1.2 Million Unveiled by Guaranteed Irish

Guaranteed Irish, the not-for-profit business membership organisation championing 600+ homegrown and international businesses in Ireland, has unveiled a new marketing

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BPFI Figures Point to a Growing Lost Generation

    BPFI Figures Point to a Growing Lost Generation

Commenting on latest Banking and Payments Federation Ireland Housing Market Monitor, Brokers Ireland said it reinforces what is known from

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Closing the Loop – European Commission Reports on Circular Economy Action Plan

    Closing the Loop – European Commission Reports on Circular Economy Action Plan

The European Commission has published a comprehensive report on the implementation of the Circular Economy Action Plan it adopted in December 2015.

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53% of Guaranteed Irish Members Forecast Employment Growth in 2019

    53% of Guaranteed Irish Members Forecast  Employment Growth in 2019

Guaranteed Irish, the not-for-profit business membership organisation championing 550+ homegrown and international businesses in Ireland, expects employment among its members

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Irish Research Centre Selected to Participate in €15 Million EU Cybersecurity Research Project

    Irish Research Centre Selected to Participate in €15 Million  EU Cybersecurity Research Project

Lero, the Irish Software Research Centre, which is backed by Science Foundation Ireland, has been selected to participate in a

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Guinness Enterprise Centre Announces €10 Million Expansion For Dublin

    Guinness Enterprise Centre Announces €10 Million Expansion For Dublin

The Guinness Enterprise Centre has unveiled an ambitious development plan for its landmark building on Taylor’s Lane in Dublin 8.

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€23 Million Invested in Start-ups by Enterprise Ireland in 2018

    €23 Million Invested in Start-ups by Enterprise Ireland in 2018

Enterprise Ireland, the state agency responsible for the development and growth of Irish companies in global markets, invested €23 million

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Property Market Grows 8% – Almost Half of Homes Bought With Cash

    Property Market Grows 8% – Almost Half of Homes Bought With Cash

The latest quarterly Consumer Market Monitor (CMM), published by the Marketing Institute of Ireland and UCD Michael Smurfit Graduate Business

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Planning Approval For North South Interconnector

    Planning Approval For North South Interconnector

EirGrid has welcomed the decision by the Supreme Court to uphold planning approval for the southern section of the North

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52% of SMEs in ROI and 56% in NI Have Yet to Begin Brexit Planning

    52% of SMEs in ROI and 56% in NI Have Yet to Begin Brexit Planning

The AIB Brexit Sentiment Index for Q4 2018 reveals that 35% of SMEs in the Republic of Ireland (ROI) and

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€4.5 Million Investment in Research Commercialisation

    €4.5 Million Investment in Research Commercialisation

€4.5 million in funding has been awarded to 38 research projects to support the commercialisation of government-funded research. 47 research

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Guaranteed Irish Celebrates 45 Years as Global Revenue Hits €26.2 Billion

    Guaranteed Irish Celebrates 45 Years as Global Revenue Hits €26.2 Billion

Guaranteed Irish, the not-for-profit business membership organisation, has unveiled new figures which show that global revenues generated by its 550+

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EU and Japan Create the World’s Largest Open Trade Zone

    EU and Japan Create the World’s Largest Open Trade Zone

The Economic Partnership Agreement (EPA) between the EU and Japan came into force on 1 February 2019. Businesses and consumers

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Dublin Airport Sets New Passenger Record

    Dublin Airport Sets New Passenger Record

Dublin Airport welcomed a total of 31.5 million passengers during 2018, setting a new record for the airport. Passenger numbers

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Irish Manufacturing Renaissance in Peril

    Irish Manufacturing Renaissance in Peril

“Manufacturing is incredibly important to our economy and we are going through a ‘Renaissance’. Our economy has been performing strongly

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