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Updated: 24 min 25 sec ago

Pounded: What happened to British markets this week

15 hours 10 min ago
Some level of calm has returned to Britain's financial markets after a frantic few days but the crisis is far from over, writes Adam Maguire.

Paper £20 and £50 no longer legal tender in UK

15 hours 10 min ago
Paper £20 and £50 sterling notes have had their legal tender status withdrawn by the Bank of England.

8% overpayment of job seekers allowance 'high'

Fri, 09/30/2022 - 19:05
The Comptroller & Auditor General has described a figure of 8% in overpayments of job seekers allowances as "high".

Broadband plan firm faces sanctions over performance

Fri, 09/30/2022 - 18:41
34,456 premises had been passed by the National Broadband Plan by the end of January, according to the latest report from the Comptroller and Auditor General (C&AG).

93 workers reclassified for PRSI purposes after probes

Fri, 09/30/2022 - 18:19
Of the 311 investigations commenced by the Department of Social Protection's Employment Status Unit, over one third have related to the media and journalism sectors.

Report into cost of Clinical Indemnity Scheme published

Fri, 09/30/2022 - 18:15
More than one fifth of the cost of managing resolving claims under the State's Clinical Indemnity Scheme (CIS) last year went on legal services and other costs, the Comptroller and Auditor General has found.

Tesla output forecast shows jump in Q4 - sources

Fri, 09/30/2022 - 17:25
Tesla plans to push global production of its top-selling Model Y and Model 3 electric vehicles sharply higher in the fourth quarter and build on that growth in 2023 as newer factories in Austin and Berlin ramp production, internal plans reviewed by Reuters show.

Father in plea over social media after daughter's death

Fri, 09/30/2022 - 17:20
British schoolgirl Molly Russell died in November 2017 while suffering from the "negative effects of online content", a senior coroner has concluded.

Google to wind down Stadia streaming service

Fri, 09/30/2022 - 17:03
Alphabet's Google said today it would wind down its consumer gaming service, Stadia, as it failed to attract enough interest from gamers after nearly three years of being launched.

Funding for local authorities down 5% in 2021 - C&AG

Fri, 09/30/2022 - 16:48
€5.8 billion in funding was transferred from central Government departments to local authorities last year, down 5% on the previous year.

South East Energy Agency expands into Waterford

Fri, 09/30/2022 - 16:41
Speaking in Waterford, a climate expert has warned that Ireland's "enduring dependency" on imported fossil fuels is harming the economy, the planet and security of energy supply.

Vestager calls for debate on improving energy security

Fri, 09/30/2022 - 15:43
The European Commission Executive Vice-President has said the EU needs to have a debate about how to make its infrastructure more secure.

Housing Agency reaches just 54% of targets - C&AG

Fri, 09/30/2022 - 15:23
There was a significant shortfall in the Housing Agency's target for the delivery of 1,600 residential units by the end of 2020, the Comptroller and Auditor General's latest report on the Public Services shows.

HSE must spend €657m to bolster cyber security - report

Fri, 09/30/2022 - 15:22
The Health Service Executive will need to spend almost €657 million over seven years to implement cyber security improvements following last year's cyber attack, according to figures contained in the latest report of the state's spending watchdog.

State spent almost €30bn on Covid-19 response

Fri, 09/30/2022 - 15:06
The total cost of the Covid-19 pandemic incurred by the State is estimated to be almost €30bn.

Caveat Emptor: Warning over security of imported cars

Fri, 09/30/2022 - 14:57
There has been large rise in the number of car thefts so far this year, with gardaí saying a significant portion of the increase is made up of imports. People buying imported cars are being reminded they may not include security features like immbolisers, thus making them attractive to thieves

Calls for more public info on National Lottery funds

Fri, 09/30/2022 - 14:53
The Comptroller and Auditor General, the State's spending watchdog, has published its latest report on the accounts of the public services. In it, the C&AG calls for more information to be made public in relation to how funds received from the National Lottery are accounted for.

Measures to stabilise banks to hit €45.7 billion - C&AG

Fri, 09/30/2022 - 14:42
The Comptroller and Auditor General has estimated that the cost to the State of measures taken to stabilise the banking system after the financial crisis in 2008 was €45.7 billion, a bigger figure than it had earlier anticipated.

DP Eurasia's sales rise after launch of 'pizzetta'

Fri, 09/30/2022 - 14:20
DP Eurasia, which runs the Domino's Pizza brand in Turkey and Russia, said today the group would focus on its Turkish market and growing its coffee business, as Western sanctions and the uncertainty of war overshadow Russian sales.

Meta lodges appeal against record €405m Instagram fine

Fri, 09/30/2022 - 13:58
Meta, the parent company of Facebook and Instagram, has lodged an appeal in the High Court against a record fine of €405m imposed on Instagram by the Irish Data Protection Commission.