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‘Prolonged period of high inflation’ possible – McGrath

The country may be facing in to a “prolonged period of inflation” according to Minister for Public Expenditure and Reform Michael McGrath, who said measures to help with the rising cost of living must be timed wisely to have maximum impact. He was responding to calls from Sinn Féin for an emergency budget amounting to…

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Vodafone Ireland to upgrade its 3G network

nced that it is to begin a phased programme to upgrade its entire 3G service from late 2022. The company said its existing 3G network will be upgraded to a more sustainable 4G and 5G service as part of a nationwide network modernisation programme. According to Vodafone Ireland, data dependency on 3G has significantly reduced…

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241 new jobs in eight IDA Ireland high growth companies

IDA Ireland have announced the creation of 241 jobs in Dublin, Galway, Letterkenny and Limerick across eight high growth companies from Europe and the US. The new jobs will be spread across the technology and business service sectors with a range of activities such as sales and marketing, software development, engineering, customer success and tech…

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Govt to make changes to rules for tips and service charges

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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Dalata says hotel recovery continues to beat expectations

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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Changes to Community Employment schemes to boost recruitment

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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Three to create 175 jobs in Limerick

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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New voucher scheme for remote working goes live

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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Mortgage switching activity hits record high ahead of rate hikes

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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