Ireland’s growth forecast cut as ‘economic outlook remains clouded by uncertainty’
The European Commission has revised downwards its GDP forecast for Ireland as our “economic outlook remains clouded by uncertainty”. In its quarterly economic forecasts, the EU executive said that domestic economy is expected to expand at an average rate of 4pc this year and next. The Commission cited “robust employment developments, stronger wage growth and […]
Sought-after professionals in line to pick up pay rises of 20pc due to ‘Brexit boost’
Sought-after professionals will pick up pay rises of up to 20pc this year as employers predict a “Brexit boost”. Workers in skilled financial services and IT roles are set to reap the benefits of new opportunities as companies locate their European bases in Ireland rather than the UK. Recruitment firm Morgan McKinley found that 52pc […]
Financial system can withstand a hard Brexit – Central Bank
The Central Bank has been able to provide assurances that the financial system as a whole was resilient enough to withstand a hard Brexit and that the most material ‘cliff-edge’ financial stability risks arising from Brexit “have been largely mitigated”. Finance Minister Paschal Donohoe said he has met with top officials from the National Treasury […]
One third of Irish who have worked in UK entitled to tax rebate – but may not know it
Large numbers of people who have worked in Britain are entitled to a tax refund, but many are unaware of it. Tax specialists Taxback.com said the rebates could be worth more than €1,000. An estimated one in three Irish people who have worked in the UK are entitled to a tax rebate. But many are […]
‘Banks dropped SMEs for safer bets’ – CapitalFlow
A new survey claims that most Irish broadband users are “not satisfied” with their broadband. The Coyne Research poll of 1,000 people, commissioned by Imagine Communications, claims that over 60pc of rural dwellers believe faster broadband “would significantly enhance their quality of life” and that 42pc “feel their community has been let down by the […]