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The Chief Executive of Irish Rural Link has welcomed proposed legislation that will keep cash circulating in society as more people turn to digital payments. Under plans being brought to Cabinet today by Minister for Finance Michael McGrath, shops and pharmacies will have to accept cash as part of plans to keep physical money in…

The professional jobs market is showing signs of stabilising with a 30% decline in the number of job seekers and an 18% drop in the number of vacancies in 2023. The figures in the Morgan McKinley Employment Monitor suggest growing stability in job tenures and a lower rate of attrition, likely influenced by retention strategies…

New movies starring Cillian Murphy and Jamie Dornan were some of the big winners in the Section 481 film corporation tax credit scheme for the Irish movie and TV production sector last year. New figures provided by the Revenue Commissioners show that the value of payments made under the Section 481 film corporation tax credit…

The number of new homes under construction has jumped, while the residential vacancy rate has dipped, a new report shows. The data from GeoDirectory, a database of commercial and residential buildings, shows that almost 23,000 new homes were being built across the country last December, up 3.5% on the previous year. After Dublin, building levels…

The Workplace Relations Commission (WRC) is expected to complete a new code of practice on the right to request remote working by the end of this month. The code will set out practical guidance for employers and employees when it comes to requesting remote or flexible work. “The WRC intends to finalise the code by…

Employers group Ibec has written to the Taoiseach to highlight concerns about the rising cost of doing business, and specifically the pace and scale of Government-imposed labour costs. The escalating cumulative costs include the increase in the minimum wage to €12.70, which came into effect on January 1, as well as increases to employer PRSI,…

New data shows that instrumentation engineers, ad reviewers, and mechanical and electrical project managers are the most difficult jobs to fill. The ‘Hardest to Fill Jobs’ analysis of Irish job posts by jobs site Indeed shows that online moderators, tax consultants and construction specialists are also proving difficult to recruit. Indeed’s analysis examined job postings…

Almost three-quarters of Irish people believe that social media algorithms, that select the content users see, should be regulated more strictly. The findings are contained in new research from the Irish Council for Civil Liberties (ICCL) and Uplift which also shows that 82% of those surveyed believe so-called “recommender systems” should be switched off. Recommender…

Minister for Housing Darragh O’Brien has said that the 10% stamp duty rate, which is applicable to international investors who buy more than ten residential properties, will be reviewed. He was replying in the Dáil to Sinn Féin’s Spokesperson on Finance Pearse Doherty, who said that such investors are block-buying new homes at a rate…

Oil prices rose today as the International Energy Agency (IEA) joined producer group OPEC in forecasting strong growth in global oil demand and as cold winter weather disrupted US crude output while the government reported a big weekly draw in crude inventories. Oil traders also worried about geopolitical risks in the Middle East. Pakistan conducted…