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Truckers, hauliers holding Dublin protest over fuel costs
A group of truckers and hauliers are leading convoys from the main motorways around Dublin into the city centre today, protesting for “lower fuel costs at the pump and at home”. The group, describing itself as Irish Truckers Haulage Association Against Fuel Prices, said it is protesting for “lower fuel costs at the pump and…
Read MoreDonohoe publishes terms of reference for banking review
The Minister for Finance has published the terms of reference for a “broad-ranging” review into the retail banking sector, which will consider services provided by both banks and non-banks, as the latter becomes more active in the provision of SME credit and mortgage lending. Back in July, Paschal Donohoe said his department would conduct such…
Read MorePayment card fraud hits €24m in 2020 – BPFI
New figures show that debit and credit card fraud losses rose by 9% to reach €24.1m last year with over 275,000 fraudulent debit and credit card transactions. The Banking & Payments Federation Ireland figures show that 96% of the losses was accounted for by online card fraud which rose by 21% to €23.1m. With shopping…
Read MoreOver 70% worried about rising prices of everyday items
74% of consumers are concerned about rising prices for everyday items, according to Deloitte Ireland’s latest consumer tracker survey. Over half of respondents said they believe the cost of groceries have gone up over the last month, while 46% think prices in restaurants have risen. Overall, the survey reveals that consumers’ financial concerns have increased…
Read MoreConsumer confidence drops as Covid cases surge
Consumer confidence has dropped to a seven-month low as Covid cases continue to surge, according to the latest KBC Bank Ireland consumer sentiment index. The reading for November declined to 83.1, from 86.8 in October. That is the largest monthly fall since January and brings the sentiment index to its lowest level since April. As…
Read MoreMinisters to discuss specific Covid supports for hospitality sector
Senior Government ministers will meet later today to discuss the introduction of specific measures to support the hospitality sector. The Cabinet Sub Committee on Economic Recovery will also consider the ongoing Covid supports amid continued concern about the rise in Covid case numbers and increasing pressure on hospitals. The Government and its public health advisers…
Read MoreTurning Black Friday green: Shoppers encouraged to buy Irish
An important date in the retail calendar, December 8 was the traditional day for country people to venture to the city to do their Christmas shopping. The festive atmosphere, the twinkling lights, and a visit to see Santa Claus, it marked the start of the Christmas trading season in Ireland. Shopping patterns, however, have dramatically…
Read MoreEarly stage firms benefit as VC funding rises again
Venture capital funding to Irish firms rose by 19% to €231m in the three months to the end of September, according to the Irish Venture Capital Association’s latest VenturePulse survey. The figures also show a renewed interest among investors in start-ups companies, following a sharp drop in early stage investments last year. The overall in…
Read MoreWorking from home resumes to help curb spread of Covid
Employees should work from home from today unless it is necessary to attend the workplace in person. The measures are among the latest Government restrictions being put in place to stem the spread of Covid-19. Just two months after a gradual return to the workplace began, the situation is going into reverse. Under the latest…
Read MoreIrish and British leaders to discuss Covid and protocol
Political leaders in Ireland and Britain are holding a meeting today at which they will discuss Covid-19 and UK-EU talks aimed at breaking the deadlock in the row over the Northern Ireland Protocol. The issues will be debated at a meeting of the British-Irish Council, which is being held in Wales. The council brings together…
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