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Updated: 1 hour 8 min ago

Pensions - McGrath to review Standard Fund Threshold

Thu, 12/14/2023 - 12:30
The Minister for Finance Michael McGrath has started a targeted review of the Standard Fund Threshold (SFT) regime.

Bank of England holds UK interest steady again

Thu, 12/14/2023 - 12:08
The Bank of England has today left interest rates unchanged at 5.25% as expected and said rates would remain high for an "extended period".

Restaurant denies complainant told them of disability

Thu, 12/14/2023 - 11:51
Staff at a Dublin restaurant that is alleged to have refused to turn down its "obscenely loud" music to accommodate a hearing-impaired diner have denied that the complainant told them she had a disability.

Eir told to give retired worker his job back

Thu, 12/14/2023 - 11:35
Telecoms company eir has been ordered to give a 65-year-old worker forced into retirement earlier this year his job back and pay him for the time he was gone after losing an age discrimination claim.

Meta rolls out Threads in Ireland

Thu, 12/14/2023 - 11:20
Meta's rival to X/Twitter, Threads, is being rolled out in Ireland and across Europe from today.

Inflation slows to 3.9% in November - CSO

Thu, 12/14/2023 - 11:04
The annual rate of inflation slowed to 3.9% in November, new figures from the Central Statistics Office show.

Short term mortgage arrears up 3% in third quarter

Thu, 12/14/2023 - 11:01
The number of mortgages on private homes that were in short term arrears of less than 90 days rose 3% between July and September compared to the previous quarter.

Norway hikes interest rates in surprise decision

Thu, 12/14/2023 - 09:30
Norway's central bank has today raised its benchmark interest rate by 25 basis points to 4.5% in a surprise decision as it sought to combat persistent inflation, and said it would likely stay put at that level until late 2024.

EU top court rejects €250m EU tax order to Amazon

Thu, 12/14/2023 - 09:04
Europe's top court has today scrapped an EU order to Amazon to pay €250m in back taxes to Luxembourg, part of EU antitrust chief Margrethe Vestager's crackdown against sweetheart deals between multinationals and EU countries.

Swiss National Bank keeps interest rate at 1.75%

Thu, 12/14/2023 - 08:51
The Swiss National Bank held its policy interest rate steady at 1.75% today, kicking off a busy day for central banks around Europe, which are also expected to pause following their monetary policy tightening campaigns after inflation ebbed.

PIAB changes name and launches new mediation service

Thu, 12/14/2023 - 08:51
The Personal Injuries Assessment Board - the State body that assesses personal injuries claims - is introducing a new mediation service and changing its name to the Injuries Resolution Board.

Air France-KLM forecasts pick up in margins for 2026-28

Thu, 12/14/2023 - 08:32
Air France-KLM has today forecast a pick up in operating margin for 2026-28 ahead of an investor day in Paris, predicting results would improve by €2 billion over the next five years and sending its shares higher.

Owner of former Volvo plant in Russia restarts plant

Thu, 12/14/2023 - 08:27
The new owner of Swedish truck maker Volvo's former Russian plant has relaunched production after a near two-year hiatus and plans to produce 2,000 trucks in 2024.

Bank of England expected to hold rates steady again

Thu, 12/14/2023 - 08:13
The Bank of England is expected to hold interest rates for the third time in a row, as fresh data has pointed towards potential cracks in the economy.

ECB has tough job to fight rate cut bets

Thu, 12/14/2023 - 08:05
The European Central Bank faces a difficult balancing act today as it likely slashes its forecasts for growth and inflation while trying to temper speculation about imminent interest rate cuts.

Mattel to make 'American Girl' movie after 'Barbie' win

Thu, 12/14/2023 - 07:41
Mattel is planning to make a live-action feature film based on its "American Girl" doll line with Paramount Pictures and Temple Hill Entertainment, after the box-office success of its "Barbie" movie earlier this year.

BP claws back $40m from former CEO Looney

Thu, 12/14/2023 - 07:21
BP cut over $40m in remuneration from former CEO Bernard Looney after the oil giant concluded he had knowingly misled the board over personal relationships with colleagues.

Currys sticks to guidance after first-half loss

Thu, 12/14/2023 - 07:14
Electricals retailer Currys has today stuck to its annual guidance as it reported a first-half loss in line with last year, hurt by a subdued market for discretionary spending and particular weakness in its Nordics business.

Employment cost hikes main challenge for hospitality

Thu, 12/14/2023 - 06:10
Forthcoming legislative employment changes together with skills shortages are likely to present a 'perfect storm' of challenges for the hospitality sector here next year.

ESRI further downgrades economic growth forecast

Thu, 12/14/2023 - 05:00
The Economic and Social Research Institute has further downgraded its forecast for growth in the economy this year.

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