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Deloitte has released it latest State of the Consumer Tracker which shows consumer confidence holding steady into July, with Ireland now in second place in Europe for consumer confidence in visiting stores in person. This is the latest of the new bi-weekly survey, which tracks Irish consumers’ attitudes towards personal well-being, financial concerns, travel and…

The UK economy suffered a bigger slump than any other major European economy in the second quarter, shrinking by a fifth and falling into its deepest recession on record. Official data released on Wednesday showed that gross domestic product (GDP) fell 20.4 per cent quarter on quarter, with widespread contractions across all sectors. The figures…

Applications have opened for the Government’s Restart Grant Plus Scheme after the maximum grant available was raised to €25,000. Businesses that have suffered a 25% loss of expected turnover between April 1 and June 30 can apply for the funding if they have less than 250 employees and turnover of less than €25m. Eligible companies…

Dublin’s Digital Hub, which is home to more than 70 companies, has warned it may need to seek emergency funding from the State as Covid-19 impacts its finances. According to briefing notes recently prepared for Minister for Communications, Eamon Ryan, the Digital Hub Development Agency alerted his department in April of the effect of the…

Britain’s economy shrank by a record 20.4 per cent between April and June, when the coronavirus lockdown was tightest, the largest contraction reported by any major economy so far, according to official figures published on Wednesday. The data also showed the world’s sixth-biggest economy entered a recession as it shrank for a second quarter in…

In these turbulent times, many firms are viewing the period of disruption as an opportunity to reassess and improve how they care for and develop employees – and ultimately build better organisations. Irish talent tech firms are supporting HR and organisational development departments at global firms as they examine how a push for employee development,…

Bank of Ireland will reimburse customers hit by a cyber fraud that dropped fake texts into genuine interactions between the bank and account holders. The bank said it is launching a fraud awareness campaign highlighting tactics deployed by criminals to trick customers into providing their banking details. It will also reimburse customers identified as being…

Tánaiste Leo Varadkar will launch the Government’s plans for a beefed-up Covid-19 Restart Grant for small businesses today – a support that has been inaccessible since last month’s stimulus plan announcement. In his prepared remarks on the expanded Restart Grant Plus, Mr Varadkar says applications are now open. His spokesperson said this means all 31…

Minister for Enterprise, Trade and Employment, Leo Varadkar, has said there is “particular concern” for survival rates among small and medium businesses (SMEs) as winter approaches. Speaking at the launch of the Government’s Covid-19 Restart Plus grant for small businesses, Mr Varadkar said: “Then we would have a concern in spring, when the wage subsidy…

More than one fifth of Irish pension savers have reduced contributions to their scheme during the Covid-19 outbreak. Irish pension savers are three times more likely than those in the UK to have stopped or reduced pension contributions during the period, according to a survey by State Street Global Advisors (SSGA). Globally, most people surveyed…