A spokesperson for the Music and Entertainment Association of Ireland has appealed directly to the Taoiseach to intervene and introduce supports for the industry. On RTÉ’s Drivetime, Matt McGranaghan called for the immediate reinstatement of the Pandemic Unemployment Payment, or an equivalent support, for those in the music industry who were forced off the payments…
Tag Archives: Ireland’s economy
The Minister for Finance has published the terms of reference for a “broad-ranging” review into the retail banking sector, which will consider services provided by both banks and non-banks, as the latter becomes more active in the provision of SME credit and mortgage lending. Back in July, Paschal Donohoe said his department would conduct such…
New figures show that debit and credit card fraud losses rose by 9% to reach €24.1m last year with over 275,000 fraudulent debit and credit card transactions. The Banking & Payments Federation Ireland figures show that 96% of the losses was accounted for by online card fraud which rose by 21% to €23.1m. With shopping…
74% of consumers are concerned about rising prices for everyday items, according to Deloitte Ireland’s latest consumer tracker survey. Over half of respondents said they believe the cost of groceries have gone up over the last month, while 46% think prices in restaurants have risen. Overall, the survey reveals that consumers’ financial concerns have increased…
An important date in the retail calendar, December 8 was the traditional day for country people to venture to the city to do their Christmas shopping. The festive atmosphere, the twinkling lights, and a visit to see Santa Claus, it marked the start of the Christmas trading season in Ireland. Shopping patterns, however, have dramatically…
Venture capital funding to Irish firms rose by 19% to €231m in the three months to the end of September, according to the Irish Venture Capital Association’s latest VenturePulse survey. The figures also show a renewed interest among investors in start-ups companies, following a sharp drop in early stage investments last year. The overall in…
It’s the most wonderful time of the year, unless you get scammed by rogue traders. With just five weeks to go until Christmas, it is important to know your consumer rights when it comes to buying presents – both in store and online. With talk of stock shortages and shipping delays due to the pandemic…
Contactless payments have hit new record highs, while the number of people using online banking continues to grow, according to figures from Banking and Payments Federation Ireland. Almost 234 million contactless payments were made in the third quarter of the year, worth nearly €3.8 billion. The figures reveal the value of contactless payments was up…
Economy performing ahead of expectations – Varadkar Leo Varadkar, Tánaiste and Minister for Enterprise, is optimistic about the future of Ireland’s economy. We might get back on sustainable footing without increasing taxation or cutting on spending. Varadkar says that the goal of the government is to cut taxes and increase welfare in a “prudent fashion.”…
The cost that comes with living in Ireland is experiencing an increase. The amount of houses available to buy does not satisfy the demand for it, electricity demand has increased over the years due to the need for technology and is putting strain on electricity output. This increase in demand is causing a rise in…