The property tax take in Ireland is below the EU average, and we rely too much on “volatile revenue sources”, the European Commission has warned. It says Ireland is at “risk of some deviation” from EU budget rules this year and next, and will need “further measures” worth 0.6pc of GDP, or around €1.5bn in […]

LinkedIn has announced a new partnership with Jobcare aimed at connecting communities in need with economic opportunities to make their visions a reality. Over the next two years, LinkedIn, the world’s largest professional social network, will provide €180k in funding through the company’s social impact programme, LinkedIn for Good. “With our EMEA headquarters in Dublin, […]

Fine Gael leadership frontrunner Leo Varadkar risks causing further chaos in the housing market after pledging to abolish the Help to Buy scheme if it proves to be inflating prices. Estate agents have claimed that prices could further rise in the short-term as first-time buyers scramble to buy properties amid fears the grant will be […]

Following the announcement from Linked Finance, an Irish Peer-to-Peer (P2P) lending platform, that it has received full authorization by the UK’s Financial Conduct Authority (FCA) which will enable it to move into the UK market, we have the top five things you should know about P2P lending. One – It was invented in Ireland! P2P […]

Linked Finance, an Irish Peer-to-Peer (P2P) lending platform, has received full authorization by the UK’s Financial Conduct Authority (FCA) which will enable it to move into the UK market. The approval comes as the Department of Finance initiates a public consultation process on the potential introduction of regulation of the P2P sector in Ireland. The […]

Brexit isn’t a good enough argument to persuade the EU to loosen its strict budgetary rules to allow for more spending, Finance Minister Michael Noonan has signalled. Mr Noonan has said he wants to spend more money on much-needed capital investment, but argued that he is hamstrung by the European Union’s fiscal rules, which limit […]

Bank of Ireland has appointed a high-ranking female banker, Francesca McDonagh, to succeed Richie Boucher as chief executive officer later this year. The bank confirmed McDonagh, who is 42 and from the UK, will take over the reins on October 2. She is the first female CEO of an Irish bank and saw off internal […]

Bulmers and Magners owner C&C is under no pressure from shareholders to sell its US operations, after slashing the value of its assets there by €129m during its last financial year, according to CEO Stephen Glancey. The company said the carrying value of its US assets is now €45m. Mr Glancey said the long-embattled US […]