Business News Archives - PKF O’Connor, Leddy & Holmes | Accountants | Dublin

Record number of women in workforce

April 25th, 2019
Record number of women in workforce A record number of women were in the workforce last year, according to the latest figures from Eurostat, with 78,000 more women at work than in 2014. Overall, there was in excess of 804,700 women in the labour market, resulting in a participation rate of 77. ...
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No State spending spree: expenditure here stands at lowest share of GDP in the eurozone

April 25th, 2019
No State spending spree: expenditure here stands at lowest share of GDP in the eurozone Data released by Eurostat, the statistics arm of the EU, shows that Government spending here as a percentage of gross domestic product (GDP) is the lowest in the eurozone by a long way. At 25.7pc, it comes ...
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Apartments on the rise as house-building slows

April 25th, 2019
Apartments on the rise as house-building slows The number of apartments built here increased 64pc in the first three months of the year, driven by investment from so-called 'cuckoo funds'. At the same time there has been a slow-down in the pace of new house-building, which has clocked up the s ...
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EU debt levels up in 2018 but debt-to-GDP ratio down

April 24th, 2019
EU debt levels up in 2018 but debt-to-GDP ratio down Government debt levels rose in the European Union last year, according to Eurostat, but economic expansion in the region pushed the overall debt-to-GDP ratio down. The countries that use the euro had a combined debt of €9.86 trillion in 20 ...
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Less than half of all employees have a private pension – CSO

April 24th, 2019
Less than half of all employees have a private pension - CSO Less than half of all employees in Ireland were saving towards a pension last year, according to the Central Statistics Office. Its survey of pension coverage in the third quarter of 2018 found that 47.1% of all people in employment ...
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Housing completions up by over a fifth in first three months

April 24th, 2019
Housing completions up by over a fifth in first three months Housing completions were up by over a fifth in the first three months of 2019, according to Goodbody's Housebuilding Tracker. It uses Building Energy Regulation (BER) data to compile its figures. The official data tracks electrici ...
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Government’s €300m Brexit funding scheme for SMEs opens

April 23rd, 2019
Government's €300m Brexit funding scheme for SMEs opens Small and medium sized businesses here, as well as farmers, can now apply for loans under the Government’s Future Loan Scheme. The initiative aims to support strategic long-term investment in the post-Brexit environment where financin ...
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Home improvements and energy upgrades drive €2.47 billion spend

April 23rd, 2019
Home improvements and energy upgrades drive €2.47 billion spend Irish homeowners have spent a total of €2.471 billion through the Home Renovation Incentive since its launch in 2013. The scheme, which concluded at the end of last year, facilitated homeowners in carrying out nearly 150,000 h ...
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Euro zone businesses started second quarter with tepid growth – PMI

April 23rd, 2019
Euro zone businesses started second quarter with tepid growth - PMI Euro zone businesses started the second quarter on the back foot, with growth unexpectedly slowing again as demand barely rose despite more modest price rises, surveys showed today. The data comes a week after European Centra ...
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Ibec expects employment growth to slow down in 2019

April 18th, 2019
Ibec expects employment growth to slow down in 2019 The organisation representing employers here has warned the biggest challenge facing business is the ongoing capacity constraints in the labour market. Ibec says the shortages will cause growth in employment to slow this year as the economy a ...
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