Business News

19 Nov

Adrian Weckler: ‘Beware of Black Friday ‘sales’

In five days, ‘Black Friday’ will occur. You’ll see and hear lots of ads appearing about this. Sadly, it’s a time of the year when retailers spoof a lot about price cuts with no consequence from any regulatory body. Discounts are exaggerated and recommended retail prices – ‘RRP’ – are quoted that have not been

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19 Nov

Consumer spending to reach a record €105bn – surpassing boomtime peak

Irish consumer spending is set to reach a record €105bn this year, surpassing the boomtime peak set in 2007, according to a new report. The Home Renovation Incentive (HRI), a tax relief for home improvements, is fuelling strong growth in people’s spending on their homes, according to the latest Consumer Market Monitor from the Marketing

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19 Nov

Review of expenses scheme angers accountants

One of Ireland’s top accounting representative groups has lashed out at Revenue’s review of the flat-rate expenses scheme, saying 500,000 could ultimately be affected and that some individuals could lose out on gains from the Budget. Brian Keegan, director of public policy and taxation at Chartered Accountants Ireland (CAI), said changes to the scheme coming

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16 Nov

Fifth of employers consider quitting Dublin to beat spiralling costs

One in five employers are considering moving outside of Dublin due to rising costs, according to the latest ‘Quarterly Employment Market Monitor’ from Cpl Resources. This comes on the back of new figures from the Central Statistics Office showing that property prices continue to rise. While the median, or middle, price for a property nationwide

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14 Nov

Adrian Weckler: ‘Why cities bend over for tech’

Imagine Google and Facebook employing 20,000 people in Dublin. What sort of power would that bring? What effect would it have on the city, its economy, its infrastructure, its culture? If you don’t think this could happen, think again. Figures last week showed that the two companies now employ 11,000 people between them, with another

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12 Nov

Nationwide rents surge 30pc higher than during Celtic Tiger

Rents have risen 30pc above Celtic Tiger rates and reached a record high for the 10th consecutive quarter, according to a new report. The findings by Daft.ie don’t expect the rental hikes to stop any time soon. Nationally, there has been a rise of 11.3pc on last year, with the average monthly rental cost coming

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