Business News

Ireland’s first live 5G demo hosted by Vodafone at Dublin’s Trinity College

8th February 2018

Ireland’s first successful live demonstration of 5G technology was carried out at an event in Dublin’s Trinity College. Vodafone Ireland and Ericsson achieved 15 Gigabit per second speeds with a latency of less than five milliseconds at the Douglas Hyde Gallery. In addition to showcasing “the 5G speeds of the future”, Vodafone also tested pre-standard […]

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‘House prices to fall here if UK fails to get Brexit deal’

8th February 2018

Property prices will fall if Britain leaves the European Union without a trade deal, a new report states. This country faces Brexit-related risks because of its tight links with Britain, its largest trading partner, according to ratings agency Standard and Poor’s (S&P). “Should the UK government fail to secure a transition phase and crash out […]

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ESB set to deliver €150m in savings to large businesses

5th February 2018

ESB, though its business line Smart Energy Services, is set to deliver €150m in savings on energy costs to over 300 large businesses across Ireland and the UK. Savings will be delivered through a range of measures including auditing companies to help them bring about changes in their energy use, help with retrofitting in buildings […]

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Soaring cost of housing could derail Dublin’s investment potential – Irish billionaire Patrick Collison

5th February 2018

Ireland’s most successful technology entrepreneur has warned that soaring housing costs threaten to derail Dublin’s future and its investment potential. Patrick Collison, the 29-year-old Limerick-born billionaire co-founder of payments firm Stripe, who has announced a major new jobs expansion in Dublin, told the Irish Independent that the capital’s housing spike is being noted as far […]

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App ‘to give local businesses the chance to compete against big brands’ – for less than the price of a newspaper ad

5th February 2018

An app that will give local businesses the chance to compete online with big brands is launching this week. According to its creator Philip Cullen, RUBAN is about shopping local and keeping the country’s high streets busy. Local businesses will be able to manage a business profile on the app and post notifications about their […]

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AgTech accelerator targets start-ups with €800,000 investment opportunity

31st January 2018

AgTech accelerator programme Yield Lab Europe has opened for applications from start-up companies for its 2018 programme. Under the programme, the Galway-headquartered Yield Lab will support up to eight companies with an investment of €100,000. In addition the chosen start-ups will receive mentoring and training to help them turn their ideas into successful internationally scalable […]

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SMEs face higher rates for loans as banks tighten grip on market

31st January 2018

The Irish small and medium enterprise (SME) lending market has become increasingly concentrated in the last six months. There are now fewer banks in Ireland holding an ever larger market share of the lending to SMEs, according to the Central Bank’s SME Market Report. According to the data, this sentiment is applicable to both outstanding […]

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Revealed: The top five sectors with the most vacancies for graduates

31st January 2018

With the CAO deadline tomorrow, Leaving Cert students will be busy considering their options for third-level study—and their future career. Ahead of this, jobs platform IrishJobs.ie has revealed the top five sectors with the most vacancies for graduate-level roles. Unsurprisingly, leading the way are vacancies in banking, financial, and insurance sectors, which top the list. […]

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Minister to nominate Central Bank Governor Philip Lane as candidate to become vice-president of ECB

30th January 2018

Finance Minister Paschal Donohoe will nominate Central Bank Governor Philip Lane as a candidate to become vice-president of the European Cenral Bank, government sources have confirmed. The Cabinet is understood to have signed off on the decision on Tuesday. The Irish Central Bank governor will be nominated to replace ECB vice-president Vitor Constancio steps down […]

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Level of housing output needs to treble – report

30th January 2018

The output of housing in Ireland needs to treble over the coming years in order to meet demand, according to the Goodbody housing tracker report. Last year housing output grew by 77pc. However, with medium-term housing demand running at around 35,000 houses per year, Goodbody said that it was likely that the Government will also […]

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