RECENT PRESS RELEASES:
Top Civil Servant Warns Varadkar that the €3bn Broadband Cost is not Value for Money
An astonishing row is now emerging at the heart of government. Robert Watt, Department of Public Expenditure and Reform’s secretary general has explicitly told Taoiseach Leo Varadkar and Pascal Donohue, the Minister for Finance, that they should forthwith abandon...
The Bank of England Seems to Have a Woman Problem
A quick glance at the nine-strong Monetary Policy Committee, the body that guides the UK’s economy, and you can already begin to see the problem. This is the body that influences important aspects of the economy, such as the interest rates, through their monthly...
Cork and Shannon Passengers to be Bussed to Dublin after Boeing 737 MAX 8 Grounding
Passengers in Cork and Shannon are now likely to be deprived of their direct Norwegian Airlines routes to the US for nearly the entire summer season because of the recent grounding of the Boeing MAX 8 aircraft fleet. Ryanair, which had placed an order of 135...
Thomas Cook Hires a Turnaround Specialist as Potential Investors Show Interest
Potential buyers, including Fosun, a Chinese conglomerate, are circling Britain’s oldest package holiday operator. The company could be split up in a move that could lead to its high street stores and package deals being taken over by one of its main shareholders....
Ireland Records Its Highest Start-up Figures in 13 Years Despite Brexit Uncertainty
Figures released by business information company CRIF Vision-Net show that the entrepreneurship spirit continues to flourish in Ireland despite Brexit uncertainty. An average of 71 companies were set up every day within the first three months of 2019 against an...
Competition Regulator Calls For UK’s Big Four Accountancy Firms to be Split Up
Following several corporate collapses, including the collapse of Carillion and BHS, the UK competition watchdog has made proposals that could split up the big four accounting firms. The proposals also include compelling the big accountancy firms to work with their...
The Growth of Online Grocery Shopping is Slowing Down, says Mintel
With more customers worried about problems with their orders, delivery costs, and increasingly preferring to choose fresh produce themselves, online grocery shopping is set for slow growth in the UK, analysts from Mintel have revealed. It seems many consumers remain...
Is The EU Scrutinizing Google’s Tax Arrangements in Ireland?
Paschal Donohue, Ireland’s minister for finance, has declined to comment on emerging reports that the European Commission is taking a closer look at Google’s Irish tax regime. Sources familiar with the matter indicated that the EU is now scrutinizing how the...
Face-to-face Chats are Required in The Digital Age, Says President Higgins
Even in the modern era of tablets, laptops, and smartphones, the president insists that human contact is still critical. President Michael D. Higgins called out to people to make the time to meet up talk if they were to tackle Ireland’s crisis of loneliness. He spoke...
Facebook head visits Dublin
Mark Zuckerberg the CEO of Facebook met with a number of TD’s this week to discuss the regulation of the internet and the safeguarding of kids and the vulnerable from online issues. The meeting was hailed as a success and a failure in equal measure. The company has...
Boeing reduces production of troubled 737 model
Boeing has been forced to cut production of its troubled 737 airliners, at least temporarily that is. This is a knock on effect of recent crashes in Ethiopia and Indonesia and the emerging possibility that it may have been a software fault in both airlines. Boeing...
SMMT report on the viability of Autonomous cars
A report from the Society of Motor Manufacturers and Traders (SMMT) has suggested that the UK is in a prime position to be one of the leading producers of self-drive vehicles. The report cited that due to investment from industry leaders and the government, Britain...
Positive news for Irish Shipping
With the uncertainty of Brexit still clogging news feeds across the UK and Ireland, there has once again been some positive news for Dublin. This time in the mould of the Shipping Industry. There has been a marked increase in business as a result of Brexit as many...
INM profits and announcements
Independent news media (INM) has made a number of announcements this week following publications of its financial state to December 2018. While there was some positive news in regards to profits for the company, failings and changes to how the company operates also...
Ulster bank findings
Thousands of Ulster bank mortgage customers are due to a refund after they were overcharged by the bank. This follows similar situations at permanent TSB and other financial lenders. The most recent findings came about due to internal checks by the bank. This latest...
Barclays set to continue investment in Dublin
Barclays has continued the trend of major UK institutions moving their operations to Dublin post-Brexit. The company is set to move its mainland European operations to the Irish capital over the coming months. This move will set Barclays as the biggest bank in Ireland...
Mayo wind project given go-ahead
On Sunday evening it was announced that a new €31 million floating wind project has been given the go-ahead. The full scale floating wind turbine will be stationed off the county Mayo coast. It is hoped the project will fully operational by 2022. The project will be a...
Google fined by EU commission
Google has been fined by the European Commission for alleged illegal practices in regards to its advertising policy and methods. The company is accused of breaching EU anti-trust laws between 2006 and 2016 by using its position as a search engine to hide or curtail...
Dublin viewed as finance haven
As Brexit continues to take over almost all news sources, there has been some positive results occurring due to the uncertainty. Although very minor in the overall machine that is Brexit, Dublin has seen a huge influx of businesses and operations moving from London....
Boeing model grounded
The latest Boeing model 737 has been grounded throughout the EU and a host of other countries around the world. This is in the wake of two fatal crashes in the past six months. The most recent crash claimed the lives of 157 people including one Irish passenger,...