News

The Government is to build a new floating gas storage facility for Liquified Natural Gas to use as a strategic emergency reserve in case of global supply disruptions. It is one of 28 actions included in its new and long-awaited energy security strategy launched today. The plan is to pay for the construction and operation […]

The Minister for Public Expenditure, NDP Delivery and Reform, Paschal Donohoe has invited public service unions and staff representative associations to enter negotiations with the Government on a new public sector pay agreement. The talks will take place under the auspices of the Workplace Relations Commission (WRC). The current public sector pay deal, Building Momentum, […]

The fourth annual National Remote Working Survey has revealed that 44% of workers would change job, even if it means taking a pay cut, if their remote working preferences are not facilitated. This is an increase on the same finding in last year’s study, in which 30% of respondents said they would change jobs to […]

New figures from Kantar show that grocery inflation has fallen below 10% for the first time this year. Grocery inflation fell to 9.8% in the 12 weeks to October 29, down from 10.5% and marking the sixth month of falls in a row. Figures last week from the CSO showed that the annual rate of […]

New governance rules, which would see individuals being held accountable for willful wrongdoing in the financial sector, could stymie recruitment to senior executive positions within organisations, a survey of firms has found. The Individual Accountability Framework rules are being rolled out by the Central Bank and are due to come into operation over the coming […]

Skills shortages and the retention of talent remain among the key challenges facing organisations, a survey of employers conducted by recruitment specialists, Hays Ireland, has concluded. Almost all of the firms surveyed – 94% – said they had faced skills shortages in 2023, up slightly from the 92% who gave the same response last year. […]

Activity in the construction sector in Ireland slowed further last month. It is the fourth month in a row that activity has fallen. According to the BNP Paribas Real Estate Ireland Construction Total Activity Index, the pace of decline was solid and faster than that seen in September. A further reduction in activity on housing […]

Rents being sought for properties on the open market nationally are continuing to increase, but there has been a continued slowdown in the rate of increase in Dublin, according to the latest daft.ie Rental Report. Rents on the open market are now 8% higher that they were a year ago, with the average market rent […]

New figures from the Central Statistics Office show that production in manufacturing industries decreased by 22% in the third quarter of this year compared to the same second quarter. But the CSO said that production in manufacturing industries rose by 1.3% in September compared with August. Meanwhile, on an annual basis, production in manufacturing industries […]

The Data Protection Commission (DPC) has warned the Government that new proposed structures for the organisation could slow down the pace of major data protection inquiries involving high-tech companies and other multinationals. In a pre-budget submission, the DPC said there “simply aren’t enough people” if plans for a new system of governance involving multiple committees […]