Lidl Ireland employees to benefit from pay increases averaging 3%
Retailer investing €8m in pay for its existing workforce in the Republic, with a further £1.1m in Northern Ireland
Value of Ireland’s green economy rose 21% in 2022, new report shows
Increase mainly driven by the energy sector, CSO data indicates, while a rebound in construction also helped
Irish Ferries parent grew profits last year despite closure of Holyhead Port
Irish Continental Group seeing return to more normalised market after Holyhead closure
January retail sales fall as cost of living crisis continues to bite
Consumer spending, linked to real wage growth, had been expected to drive domestic activity
Risk of major IT outages and cyberattacks now ‘severe’, Central Bank warns
Increase in global trade tensions or a ‘fundamental change’ in US trade policy pose ‘significant downside risk’ to Irish economy
Consumers to face more pain as SSE Airtricity raises gas and electricity prices
The change will see the average electricity bill increase by about €172 per year, while a typical gas bill will go up by €113
Johnny Ronan firm buys back Bewley’s building and other ‘crown jewels’ from receivers
Properties include Bewley’s Café building and PTSB on Grafton Street
Dublin Bus services between Heuston and UCD restored after policy U-turn
Direct connection between Heuston and UCD had been lost following implementation of the BusConnects network redesign
Irish storage supplier Suretank to create 80 jobs by year-end
Company, which diversified from oil and gas, expects expanded headcount to help drive revenues up from €50m to €75m
Jitters in global stock markets as US consumer confidence sinks
Bank of Ireland’s stock price rose 2% as the market responded well to the start of its share buyback
Almost one in three Irish people expect to be repaying a mortgage at retirement
Over a third of this cohort anticipating their mortgage payments will still be ‘significant’ at that stage, according to a new report
Just 17% of Irish people believe State should phase out all fossil fuels, survey shows
On electric vehicles, 44% of adults indicate no intention to switch in next five years, notes KPMG report
Glenveagh sells 337 apartments in Cork for €150m
Sale follows the granting of planning permission at the site for an additional 176 units, bringing the total to 1,178
Kylemore serves up €3m dividend as profits grow ninefold
Turnover at catering company was boosted by increased sales and the addition of some new contracts to the business
Wholesale electricity prices rise 67.7% to highest level in over two years
Provisional figures for the first half of February show wholesale prices remain at a similar high level, with more pain coming for consumers