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Posts by Practicenet

The Celtic Phoenix: jobs and growth on fast track

THE ‘Celtic Phoenix’ economy is growing more strongly than expected – with wages rising and full employment on the horizon. The Central Bank says the pace of the recovery has “exceeded expectations” as it predicted an extra 89,000 people will be in work by the end of next year. This would bring the total number […]

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Windows tool shows how much of your personal data Microsoft collects

Windows users can now see exactly how much of their personal data is being collected by Microsoft. As well as basic records, such as the device you use, the company gathers more detailed information, such as the apps you have installed and how and when you use them. The company says it uses this data […]

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Accountants back scheme to auto-enrol for pension

The vast majority of accountants are in favour of the auto-enrolment pension scheme the Government is planning to launch. Most private sector workers do not have an occupational pension. A survey by Chartered Accountants Ireland members found 96pc in favour of auto-enrolment. President of Chartered Accountants Ireland Shauna Greely said the picture emerging is grim. […]

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Cerberus in €100m deal for stricken sub-prime mortgage lender Stepstone

Cerberus, the US distressed debt and private equity giant, has swooped on the stricken sub-prime lender Stepstone Mortgages in a near-€100m deal, according to sources. Dublin-based Stepstone, once a joint venture between the collapsed Wall Street Bank, Lehman Brothers, and IIB – an earlier manifestation of KBC bank – stopped issuing new loans in 2008 […]

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Ireland needs to tackle taxes to lure leasing executives – AerCap CEO

Ireland needs to do more to attract experienced executives if it’s to maintain its position as a global leader in the aircraft-leasing sector, AerCap chief executive Aengus Kelly has warned. Speaking at the Euromoney Global Airfinance convention in Dublin yesterday, Mr Kelly said that personal tax rates continue to be an inhibitor to attracting talent. […]

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Iceland expands presence in Ireland as it opens doors to 20th store here

Iceland has created 26 new jobs with the opening of its 20th store in Ireland. The food retailer opened the doors of its third store in Cork today, in the Eastside Retail Park, Main Street, Ballincollig. In 2017, Iceland announced that it had invested €12m into nine new shops, with more to be announced later […]

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IMF forecasts UK will miss out on global growth

A rising tide lifts most boats, according to the latest International Monetary Fund forecasts, which saw upgrades for almost every major economy except the UK. In an update to its World Economic Outlook, the IMF lifted its global growth prediction to 3.9pc for both this year and next. That would be the strongest expansion since […]

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Ireland ranks eight of 29 economies for inclusiveness

Ireland has ranked eight out of the 29 advanced economies for inclusiveness, according to a report from the World Economic Forum (WEF). However the economic inclusion rate in Ireland has deteriorated. The report, which took into account the last five years, found that the 29 advanced economies included in the study have on average flatlined […]

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