There are many events taking place in the world today. Not least of these is the Russian war on Ukraine which has affected all industries. The Central Bank predicted a downward spiral of the economy and the eurozone facing major inflation. As a result, employment rates and costs of living prove to be a dilemma….
Tag Archives: small business
Two new statutory codes of practice have been launched to help eliminate pay inequality and tackle workplace harassment and sexual harassment. The measures were developed by the Irish Human Rights and Equality Commission. The new codes of practice, published in the week of International Women’s Day, set out the procedures and steps to ensure that…
Growth in the country’s service sector picked up strongly in February, as the recovery from the pandemic gained momentum following the lifting of Covid-19 restrictions. The AIB Services PMI rose sharply to 61.8 from 56.2 in January and 55.4 in December. Readings above 50 indicate overall rises in activity. The latest reading signalled the fastest…
A new €5m initiative aimed at fostering greater collaboration between Irish SMEs and global businesses is being launched today. The Innovation Exchange is being launched by Skillnet Ireland in association with the Dublin Business Innovation Centre. The idea of the collaboration is to address the digital skills challenges of multinationals by matching them with indigenous…
Over three-quarters of Irish B&B owners have expressed their confidence in how the industry will perform during 2022 as Covid travel restrictions are dropped. But while the majority are optimistic about the year ahead, some remain concerned that international visitor numbers will not return to normal levels until at least 2023. B&B Ireland, the national…
Raising capital and recruiting and retaining staff are the biggest challenges facing Irish tech start-ups, according to the findings of a survey carried out by Scale Ireland. 230 start-up founders and CEOs contributed to the survey, which aims to gauge the sentiment of entrepreneurs in the sector. It looks at key issues including the economy,…
A new €10m fund has been established to invest in socially-conscious start-ups on the island of Ireland. The Impact Syndicate, which is being launched by the Halo Business Angel Network, will look to back firms that are seeking to make “positive and measurable social and environmental change alongside financial returns”. Its members will make investments…
Confidence among small businesses took a hit amid a new round of restrictions on hospitality venues which were introduced just before Christmas. The Small Firms Association said that 41% saw the business environment improving in winter 2021 compared to 55% last Summer. Many businesses are also dealing with increased costs and supply chain delays, which…
The Tánaiste has told the Dáil that profitable companies “should refund the money they received under the employment wage subsidy scheme”. Taking Leaders’ Questions, Leo Varadkar said that if a company “could pay their shareholders dividends, but they didn’t really need the wage subsidy money, well, I think that money should be repaid.” He was…
The Government has opened the Humanitarian Support Scheme to small businesses, sports clubs and voluntary organisations that have been affected by flooding as a result of Storm Barra, and are unable to secure flood insurance. The scheme will also provide funding to a small number of business impacted by flooding in Fermoy in County Cork…
