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First time buyers drive increase in Q3 mortgage drawdowns

Fri, 10/25/2024 - 05:00
Strong demand from first-time buyers (FTB) and switching activity drove an increase in both the volume and value of mortgage drawdowns in the third quarter.

'Small bounce' in consumer sentiment after Budget

Fri, 10/25/2024 - 05:00
There was a "small bounce" in consumer sentiment in October, but little sense that consumers think Budget 2025 will dramatically improve the outlook for their household finances.

New city, subways among public's suggestions for €14bn

Fri, 10/25/2024 - 00:00
The building of a new administrative capital city in the centre of Ireland and subways for Dublin, Cork and Galway are among the suggestions from members of the public on what the Government should do with the €14 billion Apple tax money.

Harris told to invest Apple tax in subways, reunification

Fri, 10/25/2024 - 00:00
The building of a new administrative capital city in the centre of Ireland, subways for Dublin, Cork and Galway, and funding reunification are among the suggestions received by the Taoiseach from members of the public on what the Government should do with the €14 billion Apple tax money.

International Rugby Experience to close by Christmas

Thu, 10/24/2024 - 22:29
The International Rugby Experience, located in Limerick city centre, and regarded as a unique and valuable tourist asset to the city, has announced it is to cease operations and close permanently by Christmas.

Receptionist sacked after safety complaint wins €45,000

Thu, 10/24/2024 - 18:04
A local newspaper has failed to convince a tribunal that its offer to get a receptionist a baseball bat to deal with a homeless man who repeatedly came to their office intoxicated was a "metaphor" – and has been ordered to pay her €45,000, after sacking her for making a formal health and safety comp

Grant Thornton US and Irish advisory and tax firms merge

Thu, 10/24/2024 - 17:07
Grant Thornton's US and Irish advisory and tax businesses are to merge.

Merrion Hotel reports a record year for 2023

Thu, 10/24/2024 - 15:03
The five-star Merrion Hotel in Dublin last year enjoyed a record year as revenues surged by 17% to €31.27m.

Applied Nutrition kicks off float with £350m valuation

Thu, 10/24/2024 - 14:54
Coleen Rooney-backed sports health business Applied Nutrition has kicked off its stock market debut with a valuation of around £350m.

UPS tops quarterly profit estimates on rebounding volumes

Thu, 10/24/2024 - 14:17
United Parcel Service exceeded Wall Street estimates for quarterly profit today, ahead of the peak Christmas season, benefiting from rebounding volumes and effective cost controls, boosting its shares 8.3% in premarket trading.

Frasers demands appointment of Ashley as boss of Boohoo

Thu, 10/24/2024 - 14:09
Sports Direct owner Frasers Group has demanded the appointment of its founder Mike Ashley as chief executive of Boohoo as it warns over a mounting "crisis" at the struggling online fashion firm.

Stream of the Crop: The new challenges facing Netflix

Thu, 10/24/2024 - 14:00
Netflix has won the streaming wars – but it still faces plenty of challenges, many of them self-inflicted, writes Adam Maguire.

Software salesman awarded €42,000 by WRC over dismissal

Thu, 10/24/2024 - 13:59
A software company's "policy" of never giving employment references in writing "contributed" to a salesman's loss of earnings when he was left out of work following his unfair dismissal, a tribunal has found.

Retail & hospitality firms urged to sign up for new grant

Thu, 10/24/2024 - 12:56
Businesses in the retail and hospitality sectors have been urged to register for the €4,000 "Power Up" grant, with the registration process open from today.

Revenues at 'Sculpted by Aimee' jump 50% to €22.23m

Thu, 10/24/2024 - 12:41
Businesswoman Aimee Connolly oversaw a 50% increase in revenues in her "Sculpted by Aimee" cosmetics business to €22.23m last year.

Homes completed so far in 2024 down on same time in 2023

Thu, 10/24/2024 - 11:41
The number of homes built so far this year is marginally behind the number of properties completed by this time last year, according to the Central Statistics Office.

Euro zone business activity stuck in a rut, survey shows

Thu, 10/24/2024 - 11:04
Euro zone business activity stalled again this month, remaining in contractionary territory as demand from both home and abroad fell despite firms barely increasing their prices, a survey showed today.

Irish data watchdog fines LinkedIn €310m

Thu, 10/24/2024 - 11:00
The Irish Data Protection Commission (DPC) has imposed fines totalling €310m on social media platform LinkedIn.

Kingspan raises €750m with its bond debut

Thu, 10/24/2024 - 09:30
Insulation and building materials manufacturer Kingspan has raised €750m in its first public bond offering.

Europe's top court rules for Intel in long-running case

Thu, 10/24/2024 - 08:54
The EU Court of Justice, Europe's top court, has today ruled in favour of Intel, ending a nearly two decade-long fight between the US chipmaker and EU regulators who had said it had tried to thwart a rival.

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