Business News

So-called virtual currency bitcoin tumbled the most since July after China’s central bank said initial coin offerings are illegal and asked all related fundraising activity to be halted immediately – issuing the strongest regulatory challenge so far to the burgeoning market for digital token sales. The People’s Bank of China said yesterday that it had […]

There is a “realistic possibility” that the economy will start to overheat in the coming years if the strong growth rates continue, the state’s budgetary watchdog has warned. It comes as the latest Exchequer data shows that tax revenues in August totalled €2.66bn – about €209m below expectations at this stage of the year, highlighting […]

As much as €3bn could be lost to the Irish Exchequer as low-emission vehicles become the norm by 2030, according to industry experts. Huge amounts of revenue used to fund essential services are generated by vehicle registration tax, motor tax and fuel tax and could largely disappear as the petrol engine is slowly consigned to […]

Households across Ireland have become somewhat accustomed to mostly small but incremental increases in the cost of electricity over the last few years, but get quite a shock with the arrival of your next bill. That’s because the energy regulator has approved a massive 30pc hike in the ‘green’ levy on domestic energy bills that […]

Almost one in four Irish companies believe that Brexit will affect them positively, up from 14pc this time last year, according to a survey by the Dublin Chamber. The survey, carried out amongst 359 companies, found that the number of firms that believe Brexit will hit them negatively fell slightly in the 12 months to […]

Five towns across Ireland are vying with one another to win the Retail Excellence Friendliest Town in Ireland Ennis, Swords, Limerick City, Trim and Waterford City have been shortlisted for the award which will be announced on 9 November in Killarney. The annual awards are designed to drive standards in retail operations and town centers throughout […]

Shipping and port activity in the Republic of Ireland rose by 1pc in the three months to 30 June when compared to the corresponding period of 2016. Unitised traffic – which consists of Roll-on/Roll-off and Lift-on/Lift-off traffic – continued to rise, growing by 3pc year-on-year, according to the latest iShip Index published by the Irish […]

Just over a quarter of Irish motorists describe themselves as “very likely” to add another driver to their policy in an attempt to reduce their motor insurance costs, according to an AA car insurance survey. An additional 9.7pc of the 3,000+ Irish motorists surveyed stated they were “somewhat likely” to add another name to their […]

With only a week to go before schools around the country start to reopen after the summer break, many parents are facing bills of almost €2,000 to put one child through school for the year. A new survey by mummypages.ie has found that parents can expect to pay €1,834 to put a child through secondary […]

Gas Networks Ireland (GNI) is planning a €75m investment to roll out filling stations for compressed natural gas (CNG) vehicles. The commercial semi-state body has been working on a station in Dublin Port, which is due to become operational by the end of this year. “The initial view is we roll out 14 stations but […]