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The Government is expected to make changes to new tipping legislation, which will effectively ban so-called ‘service charges’ on bills unless the money goes straight to staff. The new law, the Payment of Wages Bill, is currently making its way through the Oireachtas. It is designed to prevent employers from using tips or gratuities to…

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The Government has announced a number of changes to Community Employment schemes in a bid to boost the recruitment and retention of applicants. The schemes are designed to provide long-term unemployed participants with work experience in their local communities to help them find employment. “We now have record employment in Ireland with over 2.5 million…

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Dalata Hotel Group said today that the faster than anticipated recovery in hotel markets over the last four months has continued to surpass its expectations. In a trading update for the second quarter of 2022, Dalata said that group Revenue Per Available Room (RevPAR) is expected to be 18% ahead of 2019 levels for the…

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A new voucher scheme that will give remote workers free access to local digital hubs has begun operating. The initiative was announced by the Government earlier this month. Under the plan, at least 10,000 ‘hot desk’ facilities are being provided free of charge to existing hub users and those availing of the facilities for the…

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The Three telecommunications and data company is to expand its customer contact centre in Limerick, taking on an additional 175 employees there over the next four years. The new jobs will bring the company’s workforce at its Castletroy plant to 570. Three is the country’s largest telecommunications provider, with over 3 million customers. Its base…

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Mortgage switching volumes and values more than doubled in May compared to the same month last year, according to new figures from Banking and Payments Federation Ireland. Over 1,200 households switched their mortgage last month, up over 111% on the same time last year, while the value of these mortgages increased by over 129% year-on-year…

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Average home prices rose by 3.8% in the second quarter of this year, the largest three-month gain in nearly two years, while the stock of homes increased slightly, property website Daft.ie’s latest report shows. Daft’s latest sales report for the three months from March to June also reveals that the average listed price nationwide in…

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Consumer sentiment dropped in June, while the mood among businesses was mixed, according to the latest Economic Pulse report from Bank of Ireland. As cost of living pressures intensify, the survey reveals that one third of households now say they are ‘just making ends meet’, up from a quarter at the start of the year.…

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Minister for Finance Paschal Donohoe said today he was extending AIB Group’s share trading plan, which was first announced in December. Since then the Government’s stake in AIB has been reduced from about 71.2% to about 68%. The plan aims to gradually reduce the State’s investment in the bank, while it is also improving liquidity…

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