Surge in hotel job vacancies sparks fear of skills shortages

Job vacancies in the hotel sector have surged in the five-year period up to 2017, a recruitment website has claimed. Analysis by jobs.ie found that there has been an increase in jobs vacancies in a number of key hotel roles – specifically hotel chefs, bartenders, waiters, receptionists, porters, mixologists and concierges. Every role has experienced […]

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Where now for investors as low-interest era finally ends?

Investors in banks and tech companies could make money as rates start to rise, but telco and bond investors might lose out. Rising interest rates are changing the rules of the game for investors. Over the last decade, investors have largely been operating in an environment of record low interest rates – but these days […]

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Will I face double tax bill for Spanish job?

Q: I have lived in Spain since January 2017 where I work as a self-employed teacher. However, I worked in Ireland for some weeks during 2017, earning around €2,000 (PAYE income only). The same will happen this year. What are the tax implications of the few weeks’ Irish work? I am assuming I don’t need […]

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Economy shrugs off Brexit threat to grow at fastest rate in EU

Ireland is again the fastest-growing economy in the European Union, with a rise of almost 8pc in GDP last year. Just 10 years after the economic crash, and despite the looming threat of Brexit, the economy continues to perform strongly. Ireland has the European Union’s fastest-growing economy for the fourth year in a row, although […]

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Irish SMEs aren’t investing enough, warns ESRI study

Under-investment by small and medium-sized businesses was at over 30pc in 2016, with financial issues the biggest contributing factors, research has found. The study by the Economic and Social Research Institute (ESRI) stated that there was “clear evidence” that actual investment is below what would be expected, given how companies are currently performing. ESRI researcher […]

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Only 11pc of SMEs using renewables

Almost four in 10 Irish businesses would be willing to pay higher energy costs if their energy was coming from renewable sources, according to a new survey. Half of those businesses would pay a premium of more than 5pc. The survey carried out by Behaviour & Attitudes on behalf of Calor found that only 11pc […]

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Thursday 8 March 2018 Dunnes Stores restructures 40 companies in group reshuffle

Dunnes Stores has completed a major corporate restructuring process by assimilating 40 individual companies into a principal entity within the group via a merger process. The move comes just months after it became apparent that the secretive retailer has been undergoing significant change as matriarch Margaret Heffernan (who turns 76 tomorrow) increasingly cedes control of […]

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Wholesale gas prices rocket as freezing conditions drive demand

Freezing temperatures pushed gas demand far above the seasonal norms at the end of February. The monthly energy report from Vayu shows that average Irish wholesale gas prices increased by 15pc on January 2018. Wholesale electricity prices saw a 14pc increase month-on-month. This is likely to lead to new price rises for businesses and households, […]

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