Category Business

Bank of Ireland reported a 33% drop in first-half profit as net interest income fell. First-half pre-tax profit fell to €721 million from €1.1 billion in 2024 following a series of rate cuts by the European Central Bank. Bank of…

Hotelier Noel O’Callaghan claims in Commercial Court proceedings that his two sons, who took over his affairs in 2016, isolated him and prevented him from exercising his right to regain control. Mr O’Callaghan, 74, retired in 2016 from the business…

Entrepreneur Paddy McKillen Jr is fighting a legal battle in the commercial court against administrators over the seizure of three valuable Dublin office buildings, which is believed to be linked to millions in unpaid rent. Perfect Stripe Ltd, trading as…

ISME, the Irish Small and Medium Enterprises Association, has launched a programme allowing its members to benefit from business consultancy services worth up to €2,000 to improve their operations. The STAGES (Survive, Thrive, Accelerate, Grow, Export, Scale) mentoring programme is…

Increasing vehicle registration tax (VRT) rates by 1 percent is one of the budget proposals presented by the Ministry of Finance’s Tax Strategy Group (TSG) in its recent documents. The document states that if the measure is implemented for the…

balance remote work /> Education Minister Helen McEntee said firms had the right to strike a balance on remote working, taking into account the specifics of their business. This statement was made against the backdrop of a number of enterprises…

PayPal has announced the creation of 100 new data science roles at its Dublin office. The jobs come as PayPal invests in artificial intelligence (AI) capabilities and “transforms its operations in Ireland.” The new AI team in Dublin will be…

Ryanair’s chief executive has said he is considering increasing the bonuses paid to staff for finding customers’ oversized luggage. The airline currently pays its staff approximately €1.50 for identifying passengers with prohibited baggage on board. It is known that the…

The Prime Minister noted that uncertainty over tariffs creates “difficulties” for budgeting and medium-term financial planning. US President Donald Trump said he would impose 30 percent tariffs on EU goods from August 1 unless a new trade deal with the…

House prices in Ireland rose by an average of 7.5% year-on-year in April, according to the Central Statistics Office (CSO). Headline house price inflation was virtually unchanged from March’s 7.6%, down slightly from February’s 8%, the CSO said on Thursday.…