Business News

Noonan set to fire starter on €3bn AIB sale

30th May 2017

Allied Irish Banks (AIB) will begin its journey back to privatisation this week as the Government prepares to officially launch a €3bn share sale in a watershed moment for the banking industry and the economy. It is almost seven years since taxpayers sunk €20.8bn into the then-stricken bank as part of a wider rescue of […]

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Noonan set to fire starter on €3bn AIB sale

30th May 2017

Allied Irish Banks (AIB) will begin its journey back to privatisation this week as the Government prepares to officially launch a €3bn share sale in a watershed moment for the banking industry and the economy. It is almost seven years since taxpayers sunk €20.8bn into the then-stricken bank as part of a wider rescue of […]

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Pharma company MSD Ireland announces 330 new jobs for Cork and Carlow

30th May 2017

MSD, a multinational pharmaceutical company, has announced that it will create 330 new jobs and invest €280m over the next three years at two of its Irish manufacturing sites in Cork and Carlow. The new jobs are as a result of increased global demand for MSD’s medicines and vaccines produced in Ireland. The investment will […]

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€60m available for job creation in regional development fund

29th May 2017

Up to €60m is being made available for projects aimed at job creation in a new regional development fund. Funding will be provided by the Department of Jobs through the State development agency Enterprise Ireland. The move, which is being launched by Minister for Jobs, Enterprise and Innovation Mary Mitchell O’Connor TD and Minister of […]

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Consumer optimism high but business sentiment weaker

29th May 2017

Four in five people here think house prices will rise this year and consumer confidence remains high but there are signs that business sentiment has weakened. Bank of Ireland’s Economic Pulse, which combines a range of measures of consumer and business sentiment into a single number index, stood at 92.4 in May, lower than in […]

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The top nine jobs of the future – will you be employed?

29th May 2017

As industries change and evolve, there is a risk of many roles becoming redundant, with this in mind, the world’s largest job site Indeed, has compiled a snapshot of future-proofed roles for Ireland. 1. Cyber security expert Not only is Dublin a booming tech hub that more than 1,200 multinationals call home, but it also […]

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Property tax take too low, says EU in warning over ‘volatile revenue’

23rd May 2017

The property tax take in Ireland is below the EU average, and we rely too much on “volatile revenue sources”, the European Commission has warned. It says Ireland is at “risk of some deviation” from EU budget rules this year and next, and will need “further measures” worth 0.6pc of GDP, or around €1.5bn in […]

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Social network site in €180k commitment to help Irish jobseekers

23rd May 2017

LinkedIn has announced a new partnership with Jobcare aimed at connecting communities in need with economic opportunities to make their visions a reality. Over the next two years, LinkedIn, the world’s largest professional social network, will provide €180k in funding through the company’s social impact programme, LinkedIn for Good. “With our EMEA headquarters in Dublin, […]

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Revealed: Homebuyers race for deals as €20,000 grant faces axe

23rd May 2017

Fine Gael leadership frontrunner Leo Varadkar risks causing further chaos in the housing market after pledging to abolish the Help to Buy scheme if it proves to be inflating prices. Estate agents have claimed that prices could further rise in the short-term as first-time buyers scramble to buy properties amid fears the grant will be […]

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Five things you need to know about Peer-to-Peer lending

22nd May 2017

Following the announcement from Linked Finance, an Irish Peer-to-Peer (P2P) lending platform, that it has received full authorization by the UK’s Financial Conduct Authority (FCA) which will enable it to move into the UK market, we have the top five things you should know about P2P lending. One – It was invented in Ireland! P2P […]

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