New parents to get two weeks extra paid leave
New working parents will be able to take two extra weeks of paid leave from today. The leave will be available to parents of children born or adopted from today, the 1st of November and must be taken in the first year following the birth or placement of a child. The Department of Employment Affairs and […]
Plans to auto-enrol workers in pension schemes announced
The Government is to introduce a system of pension auto-enrolment on a phased basis from 2022. The details have been published by the Department of Employment Affairs and Social Protection. Under the system, a worker will be automatically enrolled in a pension scheme when they start a job. It will apply to all employees aged between 23 […]
Pound set for biggest monthly rise in a decade as no-deal Brexit fears fade
The pound rose today and could score its biggest monthly rise in more than a decade as the combination of a weak dollar and the falling risks of Britain leaving the European Union without a deal has fueled demand. The immediate catalyst for the pound’s gains was a cautious US Federal Reserve who kept the […]
Euro zone Q3 growth unexpectedly steady, inflation slows on cheaper energy
Euro zone economic growth in the third quarter defied market expectations of a slowdown and was steady quarter-on-quarter, preliminary data showed today. The euro zone’s headline inflation also slowed because of a sharp fall in energy prices. The European Union’s statistics office Eurostat estimated gross domestic product in the euro zone grew 0.2% in the […]
Ireland out of step on green R&D targets
Ireland has emerged as one of a handful of smaller European countries not to commit to double public investment in green energy R&D by next year, under an international collaboration called Mission Innovation. To date, 24 countries, including smaller European nations such as Austria and Denmark, as well as the EU itself, have signed up […]