Business News

Problem Solver: Do I really need to take a startup course to go out on my own after 15 years?

28th September 2018

Q Having worked for 15 years for an employer, I am now starting my own business. I am being encouraged to do a startup course, which I feel is unnecessary after my years in business. What do you think? A You are being given good advice. Most of these courses are run by your Local […]

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Jobs mainly done by men most likely to be hit by AI

28th September 2018

Traditionally male-orientated jobs are most likely to be impacted by advances in technology, according to a leading academic. As further advances in robots or artificial intelligence (AI) are developed, Professor Brian Fitzgerald, director of Lero, the SFI Irish Software Research Centre, told the Irish Independent that jobs that involve “mundane” tasks will be most affected. […]

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Small firms fear Brexit tariffs and CAP budget cuts

28th September 2018

Tariffs, currency fluctuations and corporation tax were among the concerns raised by more than 230 small business owners and interest group representatives at a Brexit event yesterday. The event held in Loughrea, Co Galway, and organised by Supermac’s, was addressed by RTE Europe editor Tony Connelly, and Farmers Association president Joe Healy. Among the concerns […]

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Eight things to know about the pay-rise plan for public sector workers

25th September 2018

Public sector workers will benefit from changes to austerity-era cost-cutting measures as pay rises are on the way. Pay hikes worth €3,300 are on the way for more than 60,000 workers – but it may not be enough to avoid strikes. Here’s everything you need to know. What is the problem with recruits’ pay? The […]

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Tax advisers demand urgent SME action

25th September 2018

Tax advisers have written to Finance Minister Paschal Donohoe claiming tax law is in need of “urgent reform” in order to support the SME sector through Brexit. Umbrella group the Consultative Committee of Accountancy Bodies – Ireland (CCAB-I) highlighted how changes to the Employment Investment and Incentive (EII) scheme have had “a substantially negative impact […]

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Central Bank’s arrears figure ‘overstated by a huge amount’

25th September 2018

The Central Bank has been producing data that “grossly” overstates mortgage arrears, calling into question a raft of home repossessions. Statisticians in the bank have admitted there is a problem, and are set to change how they calculate missed payments. They have been accused of producing “grossly exaggerated” mortgage arrears figures. It means that the […]

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Central Bank’s arrears figure ‘overstated by a huge amount’

25th September 2018

The Central Bank has been producing data that “grossly” overstates mortgage arrears, calling into question a raft of home repossessions. Statisticians in the bank have admitted there is a problem, and are set to change how they calculate missed payments. They have been accused of producing “grossly exaggerated” mortgage arrears figures. It means that the […]

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Credit unions to pay refunds after miscalculating interest on loans

21st September 2018

More than 150 credit unions have to carry out an expensive trawl of their loan books after it emerged thousands of members have been overcharged on loans. The overcharging amounts are small, but the Central Bank has ordered credit unions to provide information on how they deal with accrued interest on top-up loans. Average overcharged […]

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Credit unions to pay refunds after miscalculating interest on loans

21st September 2018

More than 150 credit unions have to carry out an expensive trawl of their loan books after it emerged thousands of members have been overcharged on loans. The overcharging amounts are small, but the Central Bank has ordered credit unions to provide information on how they deal with accrued interest on top-up loans. Average overcharged […]

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More females required to meet construction demand – CIF

21st September 2018

Increasing numbers of female construction workers is key to solving Ireland’s housing and infrastructure crises. This is according to the Construction Industry Federation (CIF). Ahead of the launch of its first ‘Diversity and Inclusion Guidance’ document for the construction sector, aimed at addressing gender imbalance in the industry, key construction leaders said that more female […]

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