The Government has reduced its stake in Bank of Ireland by a percentage point. In a statement to the stock exchange, Bank of Ireland said the percentage of its voting rights owned by the Government through the Ireland Strategic Investment Fund (ISIF) has decreased from 12.98% to 11.97%. The percentage of voting rights in the…
Category Archives: News
Around three in ten workers surveyed by recruitment website Indeed said they were open to new employment opportunities but are not actively looking. The survey showed that 7% of workers said they were urgently looking for a new post while around half said they were not searching for a new role. Indeed said this suggests…
Issues relating to faulty goods and services topped the list of queries to the Competition and Consumer Protection Commission in the first six months of this year. There was a steep rise in the number of queries relating to audio-visual and electronic goods and a corresponding fall in travel-related queries. The Consumer Contacts Report details…
Just over 53,500 mortgages to the value of almost €13.2 billion were approved in Ireland in the 12 months to the end of July, according to Banking and Payments Federation Ireland. That represented an increase in approval volumes of just over 3% compared to the 12 months to the end of June, while the value…
90% of Irish IT security experts say they have seen a rise in disruptive cyberattacks in the last year, a new survey has found. The study also found that just 30% felt that their executive management fully understands the value and needs of the cyber security teams, compared to 42% globally. More than half of…
The vacancy rate in commercial properties around Ireland remained relatively steady in the second quarter of 2021. According to the latest GeoView Commercial Vacancy Rates Report from EY for GeoDirectory, out of a total commercial property stock of 211,739 units in Ireland, 28,831 were classified as vacant in June this year. This resulted in a…
Irish consumer sentiment improved marginally in August while confidence dipped in the US, UK and euro area. The latest consumer sentiment index from KBC Bank Ireland increased to 86.5 in August from 84.9 in July. That saw the sentiment index largely – but not entirely – reversing July’s drop from the two-year high of 87.2…
Opinion: the way we work has implications for our psychological well-being and social relationships within and beyond the workplace After 18 months of living with Covid-19, this autumn has been heralded as the time for a return to normality. Across Ireland and the UK, footfall in towns and cities is expected to increase as workers…
The chief executive of Ibec has told the Government it is vital that the next road map to reopening the economy is less prescriptive in nature than previously. In a letter to the Taoiseach and other ministers, Danny McCoy said businesses welcomed that Government is publishing a revised road map to reflect the progress made…
The number of people due to receive the Pandemic Unemployment Payment (PUP) this week has fallen by less than 4,000 when compared to last week. 149,436 will get the PUP in the coming few days, down from 153,309 last week. It is the first time that the number of recipients has fallen below the 150,000…