Business News

Another full-blown lockdown ‘not inconceivable’ – Minister Ryan

8th October 2020

The Minister for Transport Eamon Ryan has warned that another full-blown lockdown is “not inconceivable”, and that allocating further supports for the aviation sector will involve hard choices about priorities. Mr Ryan was addressing the Joint Oireachtas Committee on Transport and Communications Networks which was hearing submissions on the challenges facing the aviation sector. Representatives […]

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Another full-blown lockdown ‘not inconceivable’ – Minister Ryan

8th October 2020

The Minister for Transport Eamon Ryan has warned that another full-blown lockdown is “not inconceivable”, and that allocating further supports for the aviation sector will involve hard choices about priorities. Mr Ryan was addressing the Joint Oireachtas Committee on Transport and Communications Networks which was hearing submissions on the challenges facing the aviation sector. Representatives […]

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Reduced construction activity hits Govt’s social housing targets

8th October 2020

The Government has admitted that its supply of social housing is only 35% of target due to the reduction in construction during Covid-19 restrictions. Opposition parties have described the figures as worse than expected with Sinn Féin housing spokesperson Eoin Ó Broin saying they are “deeply disturbing”. Mr Ó Broin said, “The dramatic fall in output […]

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Reduced construction activity hits Govt’s social housing targets

8th October 2020

The Government has admitted that its supply of social housing is only 35% of target due to the reduction in construction during Covid-19 restrictions. Opposition parties have described the figures as worse than expected with Sinn Féin housing spokesperson Eoin Ó Broin saying they are “deeply disturbing”. Mr Ó Broin said, “The dramatic fall in output […]

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Varadkar urges all 225,000 companies to be Brexit ready

8th October 2020

Tánaiste and Minister for Enterprise, Trade and Employment Leo Varadkar is writing to every business in Ireland urging them to prepare for the change in relationship between Britain and the EU.  The letter has been sent to the roughly 225,000 businesses registered with the Companies Registration Office. In it, Leo Varadkar advises companies to get to […]

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Varadkar urges all 225,000 companies to be Brexit ready

8th October 2020

Tánaiste and Minister for Enterprise, Trade and Employment Leo Varadkar is writing to every business in Ireland urging them to prepare for the change in relationship between Britain and the EU.  The letter has been sent to the roughly 225,000 businesses registered with the Companies Registration Office. In it, Leo Varadkar advises companies to get to […]

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Government approves 10c an hour minimum wage increase

7th October 2020

The Government has approved an increase in the National Minimum Wage of 10 cent an hour, which will bring  it to €10.20 per hour from 1 January.  The move is set to benefit over 122,000 minimum wage workers, though unions have dismissed the increase of less than 1% as inadequate. Some weeks ago, Irish Congress of Trade Unions […]

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Revenue brings forward payment date for EWSS

7th October 2020

Revenue has brought forward the date of payment for Employment Wage Subsidy Scheme supports to eligible employers.  EWSS payments in respect of September payroll submissions, which were due to be made as soon as possible after October 14, will now be paid into the designated bank accounts of eligible employers by this Friday morning, October […]

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Tourism taskforce urges radical steps to sustain industry

7th October 2020

The Tourism Recovery Taskforce has called for radical steps to sustain and revive the industry post-Covid 19 including €120m in grant aid, a loan scheme and staggered school holidays. The Tourism Recovery Taskforce published its Tourism Recovery Plan 2020-2023 yesterday. Chair of the Tourism Recovery Taskforce and CEO of the Incoming Tour Operators Association Ruth Andrews said any longer-term […]

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Euro zone economic recovery in danger as Covid-19 resurgence hits service industries

6th October 2020

The euro zone’s economic recovery faltered in September with growing evidence sectors and countries in the bloc are diverging as a resurgence of Covid-19 forces the reimposition of restrictions on activity.  A rise in infection rates in Europe will concern policymakers who had hoped the euro zone economy was healing after contracting an historic 11.8% in the […]

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