Monthly Archives: September 2020

More than 1,300 businesses sign up for ‘Stay and Spend’ scheme

More than 1,300 businesses have registered for the Government’s Stay and Spend initiative, which aims to get people spending locally after the Covid-19 pandemic all but wiped out foreign holidays this year. However, there are significant differences in the number of businesses signing up in different areas of the country. About 350 of the total…

Sterling edges higher after Sunak announces new job support scheme

Sterling edged higher today after British finance minister Rishi Sunak announced a new job support scheme, but said the government won’t save every job.  Against the dollar, sterling was up 0.2% at $1.2751, after hitting a two-month low of $1.2676 yesterday. Against the euro, sterling was up 0.2% at 91.4 pence.  In a choppy session, the…

Living with Covid requires long-term government support – Chambers Ireland

A new survey from Chambers Ireland shows that companies are still reporting a 32% decline in turnover despite the re-opening of most of the economy after the Covid-19 restrictions. The new Chambers Ireland survey captured over 860 responses during the lead up to the imposition of new restrictions on activity in Dublin.  The survey found…

Warning that some goods could double in price with Brexit

The Irish Road Haulage Association is warning trade will be “severely upset” because of Brexit and the price of some goods could double in price. President of the Irish Road Haulage Association Eugene Drennan said there could be a delay in delivering some goods and scarcity of products, which would not be acceptable. He told RTÉ’s Morning Ireland…