Business News

Bank branch closures highlight generational digital divide

3rd March 2021

The decision by Bank of Ireland to close over a hundred branches across its network highlights the digital divide that exists between the generations. The migration of banks online has been a difficult transition for many people – particularly older customers, many of whom still favour face-to-face interaction. There is a more obvious solution to the […]

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Bank branch closures highlight generational digital divide

3rd March 2021

The decision by Bank of Ireland to close over a hundred branches across its network highlights the digital divide that exists between the generations. The migration of banks online has been a difficult transition for many people – particularly older customers, many of whom still favour face-to-face interaction. There is a more obvious solution to the […]

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‘Chronic underinvestment’ harming recovery prospects – Ibec

3rd March 2021

Decades of chronic underinvestment in key infrastructure is threatening to undermine the prospects for economic recovery, according to Ibec. Publishing its submission to the mid-term review of the National Development Plan, the business group says such under-resourcing has resulted in quality of life challenges in areas like housing, environment, health, childcare, and commuting. It says […]

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‘Chronic underinvestment’ harming recovery prospects – Ibec

3rd March 2021

Decades of chronic underinvestment in key infrastructure is threatening to undermine the prospects for economic recovery, according to Ibec. Publishing its submission to the mid-term review of the National Development Plan, the business group says such under-resourcing has resulted in quality of life challenges in areas like housing, environment, health, childcare, and commuting. It says […]

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Exchequer deficit climbed to €14bn by end of February

3rd March 2021

Exchequer returns for February show that the budgetary situation has now deteriorated by €1.7bn compared to the same period a year ago, due to the decline in tax revenue and the increase in spending. The figures will show a deficit to the end of February of €14bn on a twelve month rolling basis. The Minister […]

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Exchequer deficit climbed to €14bn by end of February

3rd March 2021

Exchequer returns for February show that the budgetary situation has now deteriorated by €1.7bn compared to the same period a year ago, due to the decline in tax revenue and the increase in spending. The figures will show a deficit to the end of February of €14bn on a twelve month rolling basis. The Minister […]

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Euro zone inflation holds steady before expected spike

2nd March 2021

Euro zone inflation held steady as expected last month, taking a break in what is likely to be a temporary but sharp spike in consumer prices in the coming months, data showed today.  Prices in the euro zone rose by 0.2% on the month in January and 0.9% compared to a year earlier, in line […]

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Euro zone inflation holds steady before expected spike

2nd March 2021

Euro zone inflation held steady as expected last month, taking a break in what is likely to be a temporary but sharp spike in consumer prices in the coming months, data showed today.  Prices in the euro zone rose by 0.2% on the month in January and 0.9% compared to a year earlier, in line […]

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Dublin benefits most from Brexit financial services relocations – EY

2nd March 2021

Dublin remains the most popular destination for UK financial services firms looking to relocate staff or operations as a result of Brexit, according to EY. The accounting and consulting firm has been compiling a tracker of movement of services and staff at 222 financial services firms in the UK since the Brexit referendum in 2016. […]

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Bank of Ireland reassures on cash facilities and ATMs

2nd March 2021

Bank of Ireland has said that no location will be left without access to financial services or cash facilities after its decision to close 103 branches in the Republic of Ireland and Northern Ireland.  The bank said the branches that are closing are predominately self-service locations that do not offer a counter service.  The branches […]

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