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Tag: Business

Public Liability Claims Drop 40% Over Four Years, New Report Reveals

Public liability claims have decreased by 40% between 2019 and 2023, according to the latest report from the Injuries Resolution Board (IRB), which is...

December 2024 Sees Record Spending, Driven by Alcohol and Online Sales

New figures have revealed that Monday, 23 December, was the busiest shopping day of 2024, with consumers spending €107 million, an increase of €11.9...

First-Time Buyers Taking on More Debt as Mortgage Loans Exceed €300,000

First-time buyers in Ireland are taking on more debt in relation to their incomes than at any point since the Celtic Tiger era, according...

Unemployment Rate in Ireland Rises Slightly to 4.2% in December

New data from the Central Statistics Office (CSO) has revealed a slight increase in Ireland’s unemployment rate for December, which rose to 4.2%, up...

Meta Scraps US Fact-Checking Program, Shifts to Community-Based System

Social media giant Meta has announced it will end its US fact-checking program, replacing it with a community-based system similar to that of X,...

Irish Services Sector Shows Growth Despite Slower Pace in December

Ireland's services sector expanded at a slightly slower pace in December, although growth in new business reached its highest level since March, according to...

CityJet Settles Tax Dispute for €627,000 as Profits Surge

CityJet, an aircraft service provider, has reached a €627,000 settlement with the Irish Revenue Commissioners over a tax dispute related to the payroll tax...

Biden Blocks Nippon Steel’s $14.9 Billion Acquisition of US Steel

US President Joe Biden has officially blocked the proposed $14.9 billion acquisition of US Steel by Japan’s Nippon Steel, marking a significant setback for...

2024 Workplace Relations Commission Highlights Major Employment Cases

Several significant rulings came out of the Workplace Relations Commission (WRC) in 2024, with cases involving high-profile figures and landmark decisions shaping the employment...

Chinese Stocks Post First Annual Gain After Three-Year Decline, Hong Kong Shares End Year Higher

Chinese stocks marked a significant recovery in 2024, registering their first annual gain after an unprecedented three-year decline, despite a dip on the final...

Tech and Regulatory Developments Dominate 2024: Apple, AI, Data Fines, and Global IT Outage

One of the biggest tech stories of 2024 was the European Commission's ruling against Apple, ordering the company to pay €14 billion in unpaid...

Department of Health Proposes Sugary Drink Tax Increase in Budget 2025

The Department of Health has called for a 27% increase in the tax on sugary drinks, citing a sharp rise in the sale of...

Irish Cost of Living Crisis Persists Despite Falling Inflation

When Ireland went to the polls in November, the cost of living was at the forefront of voters' minds. Almost 20% of voters listed...

Global Central Banks Wind Down Year with Rate Cuts, Bank of England Holds Steady

The Bank of England capped off a year of significant central bank rate cuts by keeping its main interest rate unchanged at 4.75% on...

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