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State using 8,500 hotel rooms to house refugees

State using 8,500 hotel rooms to house refugees

Surge in demand for accommodation for refugees from Ukraine and elsewhere is worsening an acute supply shortage for tourists that has led to escalating room rates

Mon Jun 13 2022 - 05:00
New gender pay gap rules need greater clarity, says PwC

New gender pay gap rules need greater clarity, says PwC

How to account for maternity pay, sick pay and bonuses among problem areas, according to firm

Mon Jun 13 2022 - 05:00
War and protectionism are making it harder to do corporate deals, report suggests

War and protectionism are making it harder to do corporate deals, report suggests

Talent, trade and technology the main driving factors behind mergers and acquisitions, says Eversheds

Mon Jun 13 2022 - 05:00
Hotel room excessive price hikes may cost tourism its 9% VAT rate

Hotel room excessive price hikes may cost tourism its 9% VAT rate

Hoteliers claim room prices are up because refugees are occupying much of their stock. But taxpayers pay them for these and sector is profiteering on remaining supply

Fri Jun 10 2022 - 05:00
Glen Dimplex agrees to sell Morphy Richards in deal worth up to €200m

Glen Dimplex agrees to sell Morphy Richards in deal worth up to €200m

Electrical group founded by Martin Naughton will sell the appliances unit to a Chinese company

Thu Jun 09 2022 - 05:00
Workers are being urged to show pay restraint but, in all fairness, why should they?

Workers are being urged to show pay restraint but, in all fairness, why should they?

Less of the wage-price spiral doom-mongering. Employers can't hold off on pay rises with inflation above 8% and, as the IMF says, they could always accept lower profits

Fri Jun 03 2022 - 05:00
UK firm Attestor Capital offers €9.4m for Bleeding Horse pub in Dublin

UK firm Attestor Capital offers €9.4m for Bleeding Horse pub in Dublin

London investment firm has invested heavily in Dublin pub scene, but co-owner of Bleeding Horse suggests he wants it to pay higher price

Thu Jun 02 2022 - 05:00
European shares drop as investors fret over inflation and growth

European shares drop as investors fret over inflation and growth

Iseq index in Dublin plunges 2.4%

Wed Jun 01 2022 - 19:13
Former Fine Gael TD Noel Rock joins Red Flag Consulting

Former Fine Gael TD Noel Rock joins Red Flag Consulting

Former deputy for Dublin North-West sells his Pixel public affairs consultancy to communications group founded by Karl Brophy and chaired by Gavin O’Reilly

Tue May 31 2022 - 17:39
Government faces industry resistance over ‘latte levy’

Government faces industry resistance over ‘latte levy’

Customers face 20 cent levy on disposable takeaway coffee cups but some café owners say `keep cups` could be even worse for the environment

Fri May 27 2022 - 20:04
Shortages and price hikes affecting Ireland’s tourism sector made worse by our own decisions

Shortages and price hikes affecting Ireland’s tourism sector made worse by our own decisions

Lack of hotel rooms, rental cars and staff would not be as bad if policymakers didn’t display such muddled thinking towards industry

Fri May 27 2022 - 05:00
Liechtenstein regulators approve Declan Ganley’s satellite broadband deal

Liechtenstein regulators approve Declan Ganley’s satellite broadband deal

Galway businessman’s Rivada group plans to launch 600 satellites into space for €4bn global network

Fri May 27 2022 - 05:00
Stock markets strengthen as worries ease over interest rates

Stock markets strengthen as worries ease over interest rates

Irish market rises by 1.1% as multinationals have solid session

Thu May 26 2022 - 19:02
Ryanair wins ‘screenscraping’ case against Lastminute in France

Ryanair wins ‘screenscraping’ case against Lastminute in France

French unit of online travel agent Lastminute loses case against Ryanair

Wed May 25 2022 - 13:36
Ryanair’s US ‘screenscraping’ case against Booking.com proceeds

Ryanair’s US ‘screenscraping’ case against Booking.com proceeds

Airline is suing travel giant for allegedly reselling its fares at a mark-up without permission

Wed May 25 2022 - 05:46
European shares regain footing after torrid time last week

European shares regain footing after torrid time last week

Banks helped to lift Iseq in Dublin by 1.3%

Mon May 23 2022 - 20:04
C&C aims to restore Magners’ sparkle in the British market

C&C aims to restore Magners’ sparkle in the British market

The Irish company has emerged from the pandemic with a desire to keep it simple

Fri May 20 2022 - 05:33
Center Parcs got €8.6m in State aid as pandemic slashed revenues

Center Parcs got €8.6m in State aid as pandemic slashed revenues

Longford holiday village is now trading strongly and finalising plans for €85m expansion

Wed May 18 2022 - 19:11
C&C eyes growth for ‘sleeping giant’ Magners and distribution platform

C&C eyes growth for ‘sleeping giant’ Magners and distribution platform

Drinks group reports 88% bounceback in revenue

Tue May 17 2022 - 20:44
Markets in positive territory on economic hopes for China and the US

Markets in positive territory on economic hopes for China and the US

Iseq in Dublin closes the session up 1.3%

Tue May 17 2022 - 19:04
Caveat: Donohoe boxes clever this time round on tourism’s special 9% VAT rate

Caveat: Donohoe boxes clever this time round on tourism’s special 9% VAT rate

Dragging out debate around restoring the higher rate would be a mistake – either leave it as it is or be decisive about the timeline

Fri May 13 2022 - 05:06
Revenue annual report shows €5,500 gender pay gap in favour of male tax officials

Revenue annual report shows €5,500 gender pay gap in favour of male tax officials

Tax authority collected €96.6bn on behalf of State in 2021

Wed May 11 2022 - 13:38
Mobile tech firm mAdme eyes recovery after ‘horrendous’ pandemic experience

Mobile tech firm mAdme eyes recovery after ‘horrendous’ pandemic experience

Denis O’Brien-backed business had €8.4m deficit on its balance sheet at end June 2021

Wed May 11 2022 - 05:22
Iseq lags slightly as European markets recover following Monday’s battering

Iseq lags slightly as European markets recover following Monday’s battering

Bargain-hunters enter market after sell-off on economic worries

Tue May 10 2022 - 18:38
WordPress and Tumblr owner pumps €200m into loss-making Irish unit

WordPress and Tumblr owner pumps €200m into loss-making Irish unit

Automattic’s Irish unit employs 200 staff who work remotely

Tue May 10 2022 - 18:36
Irish beer production slumped in 2021 but recovery under way

Irish beer production slumped in 2021 but recovery under way

Ibec report shows drink sector started to recover when pubs reopened last summer

Tue May 10 2022 - 05:50
Westmeath fire protection firm pays more than €10m for Swedish company

Westmeath fire protection firm pays more than €10m for Swedish company

Writech plans further European expansion after two private equity-backed deals this year

Tue May 10 2022 - 05:28
North’s economy slows as inflation subdues growth in activity

North’s economy slows as inflation subdues growth in activity

Ulster Bank calls for swift formation of a Northern Ireland executive following to elections to deal with economic challenges

Mon May 09 2022 - 05:46
Electric Picnic made €2.4m profit in 2020 despite not going ahead

Electric Picnic made €2.4m profit in 2020 despite not going ahead

Insurance payout of €3.6m boosts company behind festival that is due to return this year

Mon May 09 2022 - 05:15
ILIM seeking more investors for European property fund

ILIM seeking more investors for European property fund

Fund makes its first two property investments in Belgium and France

Sun May 08 2022 - 18:05
Caveat: €58m bonus play of Boohoo’s Irish chief could become a crying game

Caveat: €58m bonus play of Boohoo’s Irish chief could become a crying game

Inflation has slowed the online fast fashion retailer’s growth

Fri May 06 2022 - 05:51
Irish hotel industry's impressive renaissance complicated by ‘distorted’ market

Irish hotel industry's impressive renaissance complicated by ‘distorted’ market

Agenda: Hospitality sector figures skewed by pent-up demand, inflation and refugees

Fri May 06 2022 - 05:45
Markets dip as US Fed fails to soothe investor concerns over possible interest rate rise

Markets dip as US Fed fails to soothe investor concerns over possible interest rate rise

Ecommerce stocks fall as pandemic bounce fades

Thu May 05 2022 - 18:56
London private equity firm backs buyout of Irish group Fastway Couriers

London private equity firm backs buyout of Irish group Fastway Couriers

Management at the 20-year-old business will hold a minority stake

Tue May 03 2022 - 20:17
Liquidator launches legal case over collapse of German property scheme

Liquidator launches legal case over collapse of German property scheme

MUT 103 raised cash for German Property Group and owes €41m to investors

Sat Apr 30 2022 - 03:00
Strong corporate earnings see European markets end April on high note

Strong corporate earnings see European markets end April on high note

US shares fall on inflation worries

Fri Apr 29 2022 - 19:46
Inflation continues to creep up but energy prices fall back in April

Inflation continues to creep up but energy prices fall back in April

Ireland’s 7.3 per cent annual rate is close to the Euro zone average

Fri Apr 29 2022 - 16:08
Climate agenda brings real challenges for international tourism

Climate agenda brings real challenges for international tourism

There is a limit to how green discretionary travel can ever be

Fri Apr 29 2022 - 05:08
Former co-owner of Travelodge group in Ireland, Richard O’Sullivan, dies aged 56

Former co-owner of Travelodge group in Ireland, Richard O’Sullivan, dies aged 56

The former Jurys executive had been unwell in recent years

Thu Apr 28 2022 - 19:23
Watchdog clears AIB’s deal for Ulster loan book but highlights ‘concerns’

Watchdog clears AIB’s deal for Ulster loan book but highlights ‘concerns’

Banking customers may be affected by consolidation, competition regulator warns

Thu Apr 28 2022 - 18:44
AIB has ‘blacklist’ for companies that won’t address climate change

AIB has ‘blacklist’ for companies that won’t address climate change

Chief tells tourism conference it will ‘turn away’ firms that don’t try to reduce emissions

Wed Apr 27 2022 - 19:39
Willie Walsh says Government’s handling of aviation in the pandemic ‘very poor’

Willie Walsh says Government’s handling of aviation in the pandemic ‘very poor’

Former British Airways and Aer Lingus chief criticises politicians

Wed Apr 27 2022 - 12:45
Oracle’s Irish unit funds €1bn payment to the US technology group

Oracle’s Irish unit funds €1bn payment to the US technology group

Staff numbers last year at the tech giant’s Dublin operation fell by about 200

Tue Apr 26 2022 - 20:57
Francesca McDonagh to step down as Bank of Ireland chief executive

Francesca McDonagh to step down as Bank of Ireland chief executive

Executive is expected to join another European financial institution

Tue Apr 26 2022 - 17:38
Digital media start-up The Currency enters profit

Digital media start-up The Currency enters profit

Journalism site backed by Michael McDowell says it has 5,500 paying subscribers

Tue Apr 26 2022 - 16:04
Worries over China’s economy and US interest rates keep markets subdued

Worries over China’s economy and US interest rates keep markets subdued

Banks and commodities stocks fall sharply

Mon Apr 25 2022 - 19:59
Applegreen to invest €117m in New Jersey highway plazas and HQ

Applegreen to invest €117m in New Jersey highway plazas and HQ

US state’s Irish-American governor announces deal on Dublin trade mission

Mon Apr 25 2022 - 19:46
Caveat: Ireland needs to be careful it doesn’t end up dancing to TikTok’s tune

Caveat: Ireland needs to be careful it doesn’t end up dancing to TikTok’s tune

The Chinese-controlled social media giant potentially could be even more troublesome for the State than its US Silicon Valley peers

Fri Apr 22 2022 - 05:52
Kylemore Abbey in Connemara aims for tourist revival

Kylemore Abbey in Connemara aims for tourist revival

Benedictine abbey needs tourism boost to finance €5m monastery plan

Fri Apr 22 2022 - 05:26
Nearly €270m in wage supports went to firms filing dividend returns

Nearly €270m in wage supports went to firms filing dividend returns

Revenue figures show 641 subsidised companies ‘made some form of distribution’

Thu Apr 21 2022 - 05:30
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