News

SME Advice: ‘Germany can offer Irish firms a chance to diversify’

It’s hard to imagine but there was a time when conversations around trade and business did not include references, pointed or otherwise, to Brexit. Its impact on how we conduct business cannot be underestimated. And if ever Irish businesses needed to consider the value of diversifying their market strategy then that time, quite frankly, is […]

State investor warns of funding shortages hitting tech startups

Digital startup investor NDRC, which is funded by the State, has warned that Irish companies are struggling to get early-stage investment and that the response from Government is “inadequate”. In a submission to the Department of Finance, NDRC also said there had been a number of worrying developments as funding available for early-seed investment shrinks. […]

Bank watchdog warns payments face Brexit risk

Although the main banks have stepped up preparations for a potential no-deal Brexit, UK-based payment firms used by EU customers are not ready, the bloc’s banking watchdog said on Friday. Britain’s parliament is deadlocked over whether to approve or reject a divorce settlement with the EU ahead of the country’s planned departure from the bloc […]

Collapse of Danish insurer exposes Irish homeowners

HUNDREDS of homeowners have been left without insurance cover if their homes develop structural defects following the failure of a Danish insurer. Alpha Insurance filed for bankruptcy earlier this year. It had 12,000 customers here. Last week 50,000 drivers had to get alternative insurance cover when another Danish insurer, Qudos, went into liquidation. Now it […]

NTMA to raise up to €18bn next year to repay outstanding debt

THE Government plans to borrow between €14bn and €18bn next year, to repay outstanding debt as it falls due. The plans outlined by the National Treasury Management Agency (NTMA) are in line with the amount raised this year on the bond markets. The Government is forecasting a balanced budget next year, meaning it will not […]

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