Residential property prices saw a return to growth in November – CSO

Residential property prices rose on an annual basis for the first time in six months in November after disruption from the initial Covid-19 lockdown of the economy halted seven years of unbroken annual growth.  New Central Statistics Office show that residential property prices increased by 0.2% nationally in the year to November – the first […]

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Dublin Port records third busiest year in 2020 despite Covid challenges

The volume of cargo passing through Dublin Port in the last three months of 2020 rose by 7.6% as pre-Brexit stockpiling, Christmas trading and a bounce caused by a relaxation of Covid-19 restrictions converted into higher demand for goods.  Across the year as a whole though, the volume of goods handled by the port fell 3.4%, […]

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ITIC calls for more support for tourism industry

The Irish Tourism Industry Confederation has outlined nine key policies which it says are needed to safeguard the industry as it continues to deal with the harsh impact of the Covid-19 restrictions.  The tourism industry here took an 85% hit in revenue last year with the loss of 160,000 jobs due to Covid-19. The Irish […]

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No reason to expect significant shortage of goods – official

A senior Government official has said there is no reason to expect there will be any significant shortages in goods because of ongoing post-Brexit supply chain challenges.  Declan Hughes, an Assistant Secretary in the Indigenous Enterprise Unit in the Department of Enterprise, Trade and Employment, said there may have been – and may be in […]

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PUP numbers jump by over 15% in the last week

Some 460,000 people will receive the Pandemic Unemployment Payment this week – an increase of over 15% in the last seven days, according to the Department of Social Protection. The 62,715 rise in claims reflects the re-introduction of tighter public health restrictions and more business closures as the prevalence of Covid-19 has risen in recent […]

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Price rises expected as estate agents struggle to meet demand – SCSI

Chartered estate agents say they are struggling to meet demand for property, especially from first time buyers. A survey of 800 agents, carried out by the Society of Chartered Surveyors Ireland, found that over two thirds predicted property price increases in the year ahead with 24% expecting prices to remain the same and 8% anticipating […]

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New online resource launched for those wishing to upskill or retrain

A new online portal for those hoping to upskill or retrain is being launched by the Minister for Higher Education Simon Harris today. The portal is described as a “one stop shop for businesses, employees or unemployed persons”. It outlines the third level options available to them, including short part-time courses right up to full time third […]

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Number of new firms set up hits four year low in 2020

The Covid-19 pandemic had a big impact on company formations last year, with the number of new firms established in 2020 hitting a four year low. In total 21,924 new businesses were registered over the 12 months. In comparison to 2019, this represents a fall of 4%, the data from CRIFVision-net shows. “The correlation between this […]

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Employees to be given right to request remote working under Govt plan

The Government is to legislate to give employees the right to request remote working as part of a National Remote Working Strategy under a permanent framework for after the pandemic ends.  The strategy ‘Making Remote Work’ will also provide for the so-called “right to disconnect”, the construction of remote working hubs, a review of tax […]

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420,000 workers to receive tax bills for Covid payments

Around 420,000 people will be issued tax bills today as a result of payments they received under the two main Covid subsidy schemes last year. 71% of those in receipt of the Temporary Wage Subsidy Scheme and 33% of those on the Pandemic Unemployment Payment underpaid tax – and will receive a bill. Data released by […]

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