Archive for September 2024
Fixed broadband subscriber lines increase 3%
Fixed broadband subscriber lines increased to 1.67 milllion between April and June, up over 3% on the same time last year. The latest data from the Commission for Communications Regulation (ComReg) reveals that over 45% of these lines were fibre-to-the-premises (FTTP). This was up from 35% the same time last year. ComReg said FTTP is…
Read MoreGovernment warned by Fiscal Council over management of public finances
The State’s fiscal watchdog has issued a stark warning to the Government about its management of the public finances with less than a month to go before the last budget ahead of the general election. The Irish Fiscal Advisory Council has warned that ministers are “needlessly” adding pressure to the economy by repeatedly breaking a…
Read MoreTax take in first 8 months 12.6% ahead of last year
New figures from the Department of Finance show that the amount of tax collected by the State in the first eight months of this year rose by 12.6% on the same time last year on the back of higher income tax, corporation tax, VAT and excise duty. The latest Exchequer figures from the Department of…
Read MoreOne in three companies struggling to find skilled staff
One in three companies are struggling to find staff with the right skills, new research shows. InterTradeIreland’s latest All-Island Business Monitor reveals that the business landscape across the island is mostly positive. 56% of the 750 companies surveyed said they are stable, while one third are growing. However, access to skilled labour is putting pressure…
Read MoreDublin Airport set to breach 32m passenger cap this year
Dublin Airport looks set to breach its cap of 32 million passengers this year, its operator daa has warned. In a statement this morning. the company said that despite efforts to dampen airline demand, it now forecasts that passenger numbers in 2024 will be closer to 33 million. Daa said 3.46 million passengers went through…
Read MoreElectricity sector climate pollution at lowest in decades
Climate pollution from Ireland’s electricity sector is now at its lowest level for decades, according to new figures from the Sustainable Energy Authority of Ireland. The data shows greenhouse gas emissions from electricity generation fell by 17.2% in the first six months of this year, on top of a separate 20% reduction in electricity emissions…
Read MoreGovernment warned by IFAC over management of public finances
The State’s fiscal watchdog has issued a stark warning to the Government about its management of the public finances with less than a month to go before the last budget ahead of the general election. The Irish Fiscal Advisory Council (IFAC) has warned that ministers are “needlessly” adding pressure to the economy by repeatedly breaking…
Read MoreReport recommends forum of state bodies to tackle mortgage arrears issue
A new Government commissioned report has called for the establishment of a forum of senior representatives from departments and bodies to focus on further reducing mortgage arrears. The forum should meet twice a year to oversee the implementation of the Mortgage Arrears Review Group’s recommendations and to recommend any necessary measures needed to tackle the…
Read MoreIbec warns against complacency ahead of general election
Complacency about future business growth is a key risk facing the country ahead of the next general election. That’s the view of employers’ representative organisation, Ibec, which launched its election manifesto ahead of the next national vote, the date of which has yet to be decided or disclosed. Ibec says the current strength of Ireland’s…
Read MoreElectricity sector climate pollution at lowest in decades, says SEAI
Climate pollution from Ireland’s electricity sector is now at its lowest level for decades, according to new figures from the Sustainable Energy Authority of Ireland. The data shows greenhouse gas emissions from electricity generation fell by 17.2% in the first six months of this year, on top of a separate 8% reduction last year. The…
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