News

60pc of spending online goes abroad

Ireland’s rocketing consumer spending has fuelled a surge in online shopping, but the upswing in digital purchases has come at the expense of local retailers. According to a recent survey, 60pc of the cash spent by consumers online last year flowed offshore. The findings were revealed in the latest Consumer Market Monitor published today by […]

Sharing distribution costs could help artisan food producers grow

The retail food industry has for years been dominated by well-established brands, but more recently that has been interrupted by the discounters. They all have deep pockets to spend on marketing and distribution. They have the economies of scale to ensure they have the distribution reach and the cost base to profitably service the four […]

Brexit offering opportunities for Irish firms in fintech area

“I talk about fintech being like a parent and a child, with the bank being the parent and fintech the child. Five years ago, everyone was talking about fintech being disruptive, out to get rid of banks. But five years later, the banks are still here,” said Chris Skinner, the world-renowned fintech and financial services […]

Do you ‘think creatively and do things differently’? This entrepreneurial competition could be for you

Whether you’ve got an entrepreneurial idea to explore or wish your grow your existing budding enterprise, this annual national competition is now open for business. Social Entrepreneurs Ireland are calling for business minds across the country who wish to solve social issues to be in with a chance of getting the funding and support to […]

Home economics: Sinead Ryan answers your property questions

Q. I’m confused about the new affordable mortgages being proposed. Do I still need a deposit and do I have to buy a local authority home? A. I think you have the wrong end of the stick, but it is confusing. The new loan scheme to provide mortgages to those who cannot get them from banks, […]

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