Hotels’ costs rising faster than revenues, says report
Hotels’ costs rising faster than revenues, says report HOTEL insurance rates are rising by 10pc per annum, prompting some operators to rethink how their leisure facilities in particular are used, according to Aiden Murphy, a partner with accountancy and advisory firm Crowe Ireland. He said one of the options for hotel operators is outsourcing the […]
Car running costs dip but insurance still an issue
Car running costs dip but insurance still an issue The average cost of running a family car for a year stands at €10,590, according to the AA’s annual survey of motoring costs – a decrease of €98.11 on last year. The survey also revealed a 7% drop in insurance costs, but the AA said the […]
EU goods trade gaps with US and China widen
EU goods trade gaps with US and China widen The European Union’s trade surplus in goods with the US and its deficit with China both increased in the first five months of 2019, figures that could add extra strain to global tensions. The European Union’s surplus with the US grew to €62.1 billion in the […]
Revenue intensifies Brexit engagement with businesses
Revenue intensifies Brexit engagement with businesses Officials from Revenue will be contacting 92,000 businesses around the country as preparations for Brexit continue. Businesses will receive letters and phonecalls from officials outlining the steps necessary to prepare for Britain leaving the European Union. The head of Revenue’s Brexit Policy Unit said while businesses should register for […]
Fed poised to get in first with rate cut despite market risks
Fed poised to get in first with rate cut despite market risks The Federal Reserve looks poised to beat the European Central Bank out of the blocks with a rate cut that looks set for its next meeting on July 31. Its chairman, Jerome Powell, will have the chance to push the message home tomorrow […]