Syndicated News

14 Aug

No recovery in the retail sector before 2025, says EY report

The technology sector will have recovered from the effects of the coronavirus and lockdown by the end of this year, but retail will not see 2019 levels of activity until beyond 2025. Overall, the economy here will not recover to its 2019 size until 2023 and Northern Ireland’s will take a further year return to […]

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14 Aug

No recovery in the retail sector before 2025, says EY report

The technology sector will have recovered from the effects of the coronavirus and lockdown by the end of this year, but retail will not see 2019 levels of activity until beyond 2025. Overall, the economy here will not recover to its 2019 size until 2023 and Northern Ireland’s will take a further year return to […]

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13 Aug

Irish consumers now sixth-most confident in Europe

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 […]

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12 Aug

Expanded business restart grant scheme opens for applications

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 […]

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12 Aug

British economy slumps into recession after record drop in quarterly output

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 […]

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12 Aug

Digital Hub warns of need for emergency funding from State

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 […]

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11 Aug

Irish talent tech is helping businesses and employees to learn and thrive

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, […]

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11 Aug

Irish talent tech is helping businesses and employees to learn and thrive

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, […]

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11 Aug

Unemployment falls sharply last month but threat of reclosure looms

The unemployment rate fell to 16.7pc last month as thousands of employees returned to work. New official figures show that the rate fell by over 6pc in July from 23.1pc in June. However, unemployment is still over 10pc higher than it was before the crisis when the economy was close to full employment. Article Source: […]

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11 Aug

Unemployment falls sharply last month but threat of reclosure looms

The unemployment rate fell to 16.7pc last month as thousands of employees returned to work. New official figures show that the rate fell by over 6pc in July from 23.1pc in June. However, unemployment is still over 10pc higher than it was before the crisis when the economy was close to full employment. Article Source: […]

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