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Friday 22 September 2023 Dublin: 12°C

Business

All time
Back-to-work protocol updated in wake of decision to delay wide-scale office return
Based on advice from NPHET, the Government has decided against scrapping the work-from-home advice.
Competition watchdog launches full probe of Bank of Ireland proposal to buy KBC Bank loans
The CCPC said an in-depth investigation was required to determine whether the deal would weaken competition.
Full return to offices won't be possible until 'next spring', says Varadkar
The Government was due to remove the guidance to ‘work from home where possible’ on Friday.
Morning Memo: Who benefits most from the tax changes in Budget 2022?
Inflation and the cost of living are the two spectres that haunt the Government’s plans for the next year.
Budget 2022: Here's how the measures announced today will impact motorists
A €7.50 increase on the current rate of Carbon Tax will increase the price of petrol and diesel.
Pandemic wage subsidy scheme to be extended to April 2022, Donohoe confirms
The Employment Wage Subsidy Scheme will be closed to new entrants in January.
Explainer: Why is Ireland about to raise its corporation tax rate from 12.5% to 15%?
It could be 2023 or 2024 by the time the new rules are actually implemented.
After months of negotiating, the Government is expected to sign Ireland up to a new 15% global minimum rate of corporation tax.
There is considerable uncertainty about what the changes will mean for the Irish economy and public finances.
But it could be 2023 or 2024 by the time the new rules are actually implemented.
Ireland's corporation tax receipts set to take a hit under new rules and fall by up to €2bn
Ireland's corporation tax take expected to rise again this year, but Donohoe admits it can't be relied upon in future
'Order being restored' to public finances at a faster pace than expected, economists say
“Significant investments” in housing, climate change and healthcare will be required, the ESRI said.
Zuckerberg says claim Facebook put profits over safety 'just not true'
His comments came after a whistleblower Frances Haugen, gave evidence to US politicians yesterday.
Irish economic activity to regain pre-Covid health by end of 2021, says Central Bank
Forecasters expect price inflation pressures to moderate in 2022 and 2023.
What do Irish politicians make of calls to 'nationalise' or 'break up' Facebook?
US Congresswoman Alexandria Ocasio-Cortez last night said the company should be broken up.
Phrase 'at least' being removed from draft OECD tax deal
The government said today that no decision has yet been taken on whether Ireland will sign up.
Danger of Irish 'spillover' from UK truck driver crisis as skills shortage bites
But supply chain experts say the shortage is not likely to lead to empty shelves this Christmas.
US drugmaker Perrigo settles €1.6 billion Irish tax bill for under €300 million
The firm was hit with a revised tax bill by the Revenue in 2018 over a transaction with rival pharma company Biogen.
Explainer: Berlin has voted to forcibly buy homes from property giants, what happens next?
The referendum supports the expropriation of homes from property companies to the city.
Supply and demand: What's behind the surge in Irish and European energy prices this year?
A report by
Ian Curran
Demand for gas and electricity has surged this year as economies reopened and businesses ramped back up.
Demand for gas and electricity has surged this year as economies reopened and businesses ramped back up.
European benchmark gas prices have tripled as a result.
The problems have been exacerbated in Ireland by the temporary closure of two gas-fired power stations.
Canadian pair released from China following US deal with Huawei’s Meng Wanzhou
The company’s chief financial officer and the daughter of the company’s founder has now left Vancouver.
Tánaiste hints at minimum wage increase due to rising cost of living
The national minimum wage is €10.20 per hour
Apple will not let Fortnite back to app store until case ends
Tim Sweeney said Apple’s decision was ‘another abuse of its monopoly power’.
Why is the potential collapse of a Chinese property group causing ructions across the world?
The cash-strapped behemoth has borrowings of $300 billion.
Morning Memo: Europe's looming 'energy crisis'
European gas prices have tripled this year even before the arrival winter.
'Perfect storm': Supply chain woes to continue as shoppers told to batten down hatches into 2022
A report by
Ian Curran
Irish bathroom and furniture businesses have been hit hard by the global transport crisis, a new report highlights.
Irish bathroom and furniture businesses have been hit hard by the global transport crisis, a new report highlights.
Blockages at European ports like Antwerp and Rotterdam have particularly hurt Irish firms.
Disruption and elevated shipping costs are expected to last until at least the second quarter of 2022.
Poll: Do you plan on starting your Christmas shopping early to avoid delivery delays?
Consumer growth is having a profound impact on global supply chains.
WhatsApp Ireland fights back against Data Protection Commissioner's €225 million fine
The Facebook-owned company has launched judicial review proceedings against the penalty in the High Court.
Government should abandon plans for 'unaffordable tax cuts', says ICTU
Instead, Budget 2022 should prioritise spending on public services including early years care.
"Permanent tax cuts" set out in the Summer Economic Statement are "unjustified", ICTU says.
Instead, Budget 2022 should prioritise spending on public services including early years care.
Government should phase out various reliefs related to Capital Acquisitions and Local Property taxes.
Top Pandemic Unemployment Payment rates cut by €50 from today
The process of moving some PUP recipients to jobseeker’s payments has been deferred until late October.
Christmas shoppers advised to buy early this year with supply bottlenecks likely to linger
A report by
Ian Curran
Global supply chains are creaking under the weight of booming consumer demand.
Smyths Toys has said Christmas shoppers should start early this year because of "global supply issues.
Ikea Ireland said this week that up to 10% of its product lines are unavailable.
Experts say the effects of the global transport crisis could linger for another 12 months.
Irish trade unions voice concern over Amazon worker surveillance and alleged union-busting
“Our employees have the choice of whether or not to join a union,” an Amazon spokesperson said.
August saw the largest annual jump in consumer prices in nearly a decade
It follows a sharp drop-off in prices last year due to public health restrictions.
Amazon to create 500 jobs at new Irish warehouse
The facility is due to open next spring and will be the first of its kind in Ireland.
Sharp improvements in house building activity noted in the first half of 2021
Work on 12,700 housing units commenced in the second quarter, the highest number since 2007.
Dealz confirms €20 million expansion across Ireland over next three years
The discount retailer said this could lead to up to 500 jobs being created in that time.
Vast majority of Irish retailers struggling with rent arrears, according to new survey
In 20% of cases, retailers said they had no engagement from their landlord on the issue of arrears.
Ryanair says it will not accept boarding passes issued by Kiwi.com
Customers have been told to avoid booking flights via third party agents.
Workers petition Dunnes Stores for pandemic pay increase to be made permanent
Staff received a temporary 10% pay increase in March 2020.
Eir to add a further 200,000 homes and businesses to its gigabit fibre network
The company says the move means that 1.9m or 84% of premises in the country will have access.
Paschal Donohoe says he 'absolutely accepts' Leo Varadkar's explanations about 'Merrion Gate'
Donohoe also said today that he was invited to the event but was out of the country when it took place.
From used cars to a loaf of bread, inflation bites Irish businesses and consumers
Irish used car prices have increased by 40% in the year to the end of June
Any return of bonuses for top bankers 'would not be acceptable' to staff and public
The FSU has sought a meeting with Paschal Donohoe over plans to sell the State’s stake in Bank of Ireland.
Explainer: How does a new set of rules aim to make life tougher for rogue bankers?
Draft legislation published this week aims to give the Central Bank more power to target individuals.