Monday, July 15, 2024
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Donal O'Donovan

Recruitment body says rising cost of labour is unsustainable

The warning is from the Employment and Recruitment Federation (ERF), an industry group representing over 220 member companies established to promote training, information and...

Irish economy shrank by 5.5pc last year

The economy, measured using the standard gross domestic product (GDP) tools, fell by 5.5pc in 2023 driven by a contraction in multinational-dominated sectors.The fall...

Taxpayer risk rises as State-backed bodies oversee €4.6bn of construction

Delivering 50,000 homes a year will require €20bn of debt and equity, new report saysInternational funds will likely be needed to provide the bulk...

Donal O’Donovan: If houses and apartments aren’t viable, why are we building them?

Ireland needs €17bn to plug the gap between what the State will fund and a housing need for around 50,000 homes a year New housing...

Pace of public spending risks an economic crisis, Central Bank warns

​Message is likely to be hammered home in a pre-budget letter to the Government If Government spending increases continue at the current pace without any...

Base Pizza founder steps down as group moves into profit

Entrepreneur Shane Crilly has stepped down as a director of companies in the Base Pizza group of high-end “artisanal” takeaways, according to filings submitted...

Misuse of new building products ‘storing up’ trouble, says new SCSI president

The incoming President of the Society of Chartered Surveyors Ireland (SCSI) says a cultural shift in government is needed so that building inspection is...

Number of people at work is expected to top 2.8 million by 2026

Population growth and higher rate of participation by women is driving up job figures Caoimhe Gordon and Donal O’DonovanToday at 03:00The number of people working...

Euro draws near a two-year low as European Central Bank gets ready to outpace peers with rate cuts

Sterling hit its strongest level against the euro since before 2022’s “mini-budget” crisis of then prime minister Liz Truss. The market now fully expects...

Grant Thornton Ireland will pay $19m to settle US audit claims cases

Payment agreed without admission of wrongdoing. Grant Thornton Ireland had been accused of taking part in a cover-up by colluding during audits to help...

Wolfgang Digital to pioneer employee ownership business model in Ireland

Staff to have 25pc stake in the digital marketing agency as company takes a leaf from John Lewis’s book Staff at Dublin-based digital marketing agency...

Limerick man in contention for €12m-a-year HSBC top job

Barry O’Byrne is said to be among the candidates to replace current CEO Noel Quinn The bank, which has headquarters in London and has major...

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