There was “cause for hope” in the new White House administration’s approach to tariffs, Minister of State for Trade, Employment and Enterprise Peter Burke has said. Speaking in Davos where the World Economic Forum is under way, Minister Burke was referring to Howard Lutnick, co-chair of US President Donald Trump’s transition team, saying that talk…
Category Archives: News
Irish employers have reported the greatest difficulty finding candidates with the right skills in 20 years, according to new research. The annual ManpowerGroup Talent Shortage Survey has recorded the highest skills shortage since the survey began, with 83% of employers saying they are struggling to find candidates. Businesses said that IT and data skills are…
The Irish Data Protection Commission (DPC) was responsible for enforcing more than half of the €1.2 billion in European data fines in 2024. The latest GDPR Fines and Data Breach Survey from legal firm DLA Piper shows that the biggest fines imposed by the DPC last year included a €310m penalty against LinkedIn and €251m…
More than 80% of estate agents who are members of the Society of Chartered Surveyors Ireland believe that current property prices are either “expensive” or “very expensive”. The SCSI’s 42nd annual Residential Review and Outlook report also predicts that national property prices are set to increase by an average of 6% over the next 12…
The latest AA Ireland Fuel Survey shows that petrol prices have risen by two cents to an average of €1.76 a litre in January, while diesel prices have increased by three cents to €1.73 a litre. The rise in fuel prices follows an increase in crude oil prices, from $73 to $82 per barrel. But…
Almost half of Irish business plan to increase investment capital projects this year, new data shows. This is higher than UK firms, with just 37% planning to invest. The survey carried out by professional services firm Azets Ireland reveals that Irish companies have the highest level of intended investment in Northern Europe. Irish firms plan…
The forthcoming presidency of Donald Trump in the United States looms large over business in Ireland, and is reflected in the current employment market. The latest employment monitor from Morgan McKinley shows a 14.6% decline in professional job openings for the fourth quarter of last year, as multinationals exercise caution in their hiring strategies. “The…
Inflation in Ireland is beginning to rise again, according to the latest figures from the Central Statistics Office. The increase in the cost of living was 1.4% in the 12 months to December 2024, as measured by the CSO’s consumer price index. This marks a doubling of inflation from the 0.7% level recorded in September…
Sailings into and out of Holyhead Port have resumed this morning, after a temporary closure due to damage caused by Storm Darragh in early December. Of the two ferry berths that were damaged, one has reopened. However, Holyhead Port has insisted that it will still be able operate at full volume by altering its schedule….
Wind and solar farms have saved Irish consumers a total of €840 million since the year 2000, according to new research for Wind Energy Ireland. This is despite over €6 billion having to be invested in network costs and government subsidies to develop the renewables sector throughout that period. The analysis suggests a further €640…