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Dublin: 12°C Wednesday 30 September 2020

Business - Saturday 26 September, 2020

Banking Culture Board not commenting on individual reports after KBC's €18.3 million fine

Central Bank investigations into three other banks are ongoing.

Business - Friday 25 September, 2020

Received the PUP or Covid wage subsidy? Here's how you can pay back your income tax

Paschal Donohoe says 37,000 employers have signed up for the new wage subsidy scheme.

European Commission to appeal €14.3 billion Apple and Ireland tax ruling

The legal row stems from an EU investigation into Apple’s Irish tax structures.

Business - Thursday 24 September, 2020

KBC Bank fined €18.3 million by the Central Bank over tracker mortgage scandal

The Central Bank said the impact on customers was ‘devastating’.

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Business - Wednesday 23 September, 2020

Proposed EU traffic light system for air travel 'is still a bit up in the air', says Tánaiste

Varadkar said he is worried about Cork and Shannon airports bouncing back from Covid.

Business - Tuesday 22 September, 2020

Irish household finances more resilient than before the last recession, says Central Bank

The study takes 2013 to represent ‘the low-point of the last recession in Ireland’.

Business - Monday 21 September, 2020

Online grocery sales are booming but an 'increased sense of security' is driving us back into supermarkets

Online grocery sales are booming but an 'increased sense of security' is driving us back into supermarkets

Online grocery sales grew by nearly 122% in August.

Dublin-based biotech outfit Inflazome has been acquired for €380 million by Swiss drug company Roche

The Irish company currently has two drugs in clinical trials.

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Business - Thursday 17 September, 2020

Ryanair chief O'Leary warns of fresh capacity cuts at Dublin Airport if travel rules aren't loosened quickly

Michael O’Leary said the government has ‘mismanaged’ air travel.

Covid-19 pandemic means hard Brexit 'could impact Irish economy even worse than feared'

However, new research has found that no sector is severely exposed to both the shocks of the pandemic and a hard Brexit.

Business - Wednesday 16 September, 2020

Budget will be based on the assumption of no deal Brexit, say ministers

Budget 2021 will be no windfall but will target those sectors impacted the most.

Business - Tuesday 15 September, 2020

LVA says decision to keep wet pubs in Dublin closed is 'absolutely devastating'

Outside Dublin, wet pubs are set to reopen as planned next Monday.

Business - Saturday 12 September, 2020

Taxi drivers 'leaving in droves' as industry hit hard by pandemic

Many drivers have been off the roads since March and there is still little work for them.

Ghost town?: What does Google's decision to pull out of an office deal mean for the landscape of Dublin city centre?

Property experts say rumours of the capital’s demise are greatly exaggerated.

Business - Thursday 10 September, 2020

Ulster Bank plans to cut 266 jobs to reduce costs

The bank suffered a loss of €276 million in the first six months of the year.

Facebook told it can no longer send user data from EU to US

The social media giant said the Data Protection Commission told it the key mechanism it uses to transfer data to the US “cannot in practice be used”.

Business - Wednesday 9 September, 2020

Irish regulator finds 'majority' of home and car insurers charged different prices to customers with similar risk

Firms have “not sufficiently considered customer interests” when developing pricing policies.

Business - Monday 7 September, 2020

Ireland now officially in recession after largest ever quarterly GDP drop

The economy shrank by 6.1% between April and June.

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Business - Thursday 3 September, 2020

How will the government's 'Stay and Spend' scheme work and how can you claim your tax credits?

Taxpayers can claim back 20% of their spend on food and accommodation as a tax credit.

Business - Tuesday 1 September, 2020

'It was a massive blow': Kildare business owners continue to count the cost of regional lockdown

Cabinet agreed to lift the extra restrictions in place in the county yesterday.

Pace of recovery in Irish manufacturing slips as spike in Covid-19 cases 'rattles' business sentiment in August

Recent lockdowns in Kildare and the midlands weighed heavily on the data.

Business - Saturday 29 August, 2020

The Temporary Wage Subsidy Scheme ends next week — so when will you have to pay back all that income tax?

A top accountancy body has called for definitive guidance from the government.

Business - Thursday 27 August, 2020

US firm Regeneron to create 400 jobs in Limerick as part of Covid-19 drug plans

REGN-COV2 will be made in New York but Limerick will by producing existing medicines.

Business - Wednesday 26 August, 2020

Amid criticism of Brian Hayes' attendance at Golfgate dinner, the Banking Culture Board says it's not getting involved

Social Democrats co-leader Róisín Shortall says ‘it’s a bit rich’.

Business - Wednesday 19 August, 2020

Union seeks 'urgent' WRC intervention over Bank of Ireland's plan to cut workforce by 1,400

The Financial Services Union has written to the WRC seeking conciliation.

Business - Monday 17 August, 2020

Morning Memo: Berlin D2 blues, meat plant sick pay and our short attention span

Focus has shifted from the meat industry to the pub and hospitality sector since the weekend.

Business - Friday 14 August, 2020

A record number of jobs were lost across the European Union in the second quarter of the year

Europe is in recession after two quarters of economic contraction.

Business - Thursday 13 August, 2020

Around 20% of meat plant workers are covered by sick pay, according to an industry spokesperson

Meat industry representatives appeared before the special Dáil committee on Covid this afternoon.

'All sorts of a mess': Dáil Covid committee hears from trade unions about meat plant workers' 'tale of woe'

Meat plants accused of ‘union-busting tactics’ by a trade union representative.

Explainer: Why is the UK suffering the worst recession of any G7 country?

The ailing British services sector has something to do with it.

Business - Tuesday 11 August, 2020

CityJet will have tens of millions of euro in debt written off under court-approved plan to save the airline

Over 140 jobs will be saved at the company, having previously employed over 400.

Uber and Lyft have 100,000 drivers in California, and a court says they must be treated as employees

The decision is part of a long-running battle about the classification of driver by the companies.

Business - Sunday 9 August, 2020

'There are people working in their bedrooms keeping the banking system going and this is their reward'

Bank of Ireland redundancies ‘surprised’ the general secretary of the Financial Services Union.

Business - Wednesday 5 August, 2020

Bank of Ireland plans to cut 1,400 jobs from its workforce

It comes after the bank posted a pre-tax loss of €669 million in its half-year results this morning.

Business - Tuesday 4 August, 2020

Explainer: TikTok is on the block but why has Donald Trump given Microsoft 45 days to make a bid?

A September deadline looms for the blockbuster acquisition.

Business - Saturday 1 August, 2020

'Lawful but preferably not': Debenhams, Clery's and the future of collective redundancies

Workers want the government to implement the findings of 2016 report.

Business - Friday 31 July, 2020

Aer Lingus owner IAG announces pre-tax loss of €4.2 billion

IAG’s revenue was a total of €5.3 billion, some 56% lower than 2019’s levels.

Business - Thursday 30 July, 2020

More new mortgages approved in June but drawdowns slid in the second quarter, says bank lobby

But banks approved half the number of new mortgages last month than in June 2019.

Business - Wednesday 29 July, 2020

Head honchos at Google, Apple, Facebook and Amazon to face questions from US politicians today

The tech giants are being investigated for alleged anti-competitive practices.

Business - Monday 27 July, 2020

Amazon to create 1,000 new jobs in Ireland

The new roles will be created over the next two years.

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