Enterprise Ireland warns 600 companies vulnerable to a hard Brexit
The number of people employed in companies backed by Enterprise Ireland (EI) rose last year to a record high of more than 215,000. But the agency has warned that Brexit poses serious challenges for indigenous Irish businesses, particularly those involved in exporting, and those effects had yet to be seen “However, as the March 29 […]
Brexit preparation – is business ready for the unknown?
The Kayfoam factory in Bluebell in Dublin is a labyrinthine complex of large warehouse units packed with noisy high-tech machines pumping out, shaping and sizing huge blocks of foam under the watchful eye of a team of busy staff. The blocks are then quickly fashioned into mattresses and other foam based bedding materials like pillows, […]
Jobless rate remains unchanged at 5.3% in December
The rate of unemployment remained at a 10-year low of 5.3% in December, new figures from the Central Statistics office show today. The CSO said the seasonally adjusted number of people who were unemployed in December stood at 127,100, a decrease of 20,000 when compared to December 2017. The country’s unemployment rate has fallen from […]
Monthly retail sales edge 0.1% lower in November
New figures from the Central Statistics Office show that the volume of retail sales edged 0.1% lower in November on a monthly basis. But retail sales were up 3.6% on an annual basis, the CSO added. The figures were lower than expected. When car sales are excluded, the CSO said that monthly retail sales rose […]
NTMA to open 2019 fund raising with 10-year bond deal
The National Treasury Management Agency has hired a syndicate of banks and brokers to sell a new 10-year bond that a market source said was likely to raise around €3 billion. That potentially could cover a fifth of the NTMA’s annual funding needs. The NTMA has kicked off its funding drive with a syndicated sale […]