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Tag: Business

Bank of England Cuts Interest Rate Amid Global Trade Uncertainty and Divided Policy Committee

The Bank of England has reduced its key interest rate by 0.25 percentage points to 4.25%, a move reflecting...

WW International Files for Bankruptcy Amid Shift in Weight Loss Industry

WW International, formerly known as WeightWatchers, has filed for Chapter 11 bankruptcy protection in the United States, citing mounting...

Motor Insurance Premiums Surge by 9% in First Half of 2024, Central Bank Data Shows

The average cost of motor insurance in Ireland rose by 9% during the first six months of 2024, according...

Irish Tax Revenues Surge 15.3% in First Four Months of 2025, Driven by Strong Income and Excise Receipts

The Irish Exchequer has reported a significant rise in tax revenue for the first four months of 2025, with...

Amazon.ie Launch Sparks Mixed Reactions Among Irish Retailers

The launch of Amazon.ie last month has sparked a range of responses from Irish businesses, with some local retailers...

TikTok to Appeal €530 Million Fine Over EU Data Transfers to China

TikTok has confirmed it will appeal a €530 million fine imposed by Ireland’s Data Protection Commission (DPC) over the...

Community and Voluntary Sector Workers Approve Pay Deal with Government Backing

Thousands of workers across Ireland’s community and voluntary sectors are set to receive pay increases after members of two...

Ryanair Threatens to Cancel Boeing Orders Over U.S. Tariff Dispute, Eyes Chinese Alternative

Ryanair has warned it may cancel its multibillion-dollar aircraft orders with Boeing if the United States proceeds with a...

Irish Unemployment Rate Falls to 4.1% Amid Global Uncertainty, CSO Reports

Ireland’s unemployment rate declined to 4.1% in April, according to the latest figures released by the Central Statistics Office...

Irish Economy Rebounds with Strong Q1 Growth Driven by Multinational Sector

Ireland’s economy surged in the first quarter of 2025, with preliminary data showing Gross Domestic Product (GDP) expanding by...

Uninsured Vehicles on Irish Roads Nearly Halved Thanks to New Database System

The percentage of uninsured private vehicles on Irish roads has dropped significantly, nearly halving since the introduction of the...

Trump Demands Free Passage for U.S. Ships Through Panama and Suez Canals

President Donald Trump has called for American military and commercial ships to travel free of charge through both the...