Friday , November 15 2019
Breaking News


Big Red Business: Breaking down Nebraska’s 2021 trip to Ireland

Nebraska will be dancing an Irish jig to the tune of $250,000 when it opens the 2021 football season in Dublin’s Aviva Stadium against Illinois. That’s the guaranteed amount the school will receive for playing the Aug. 28th, 2021 Aer Lingus Football Classic. The payment should cover Nebraska’s travel expenses and hopefully, then some, according to a copy of the ... Read More »

Mothercare UK to go into administration but Irish business won’t be affected

Mothercare Ireland has said that it will not be affected by the closure of its UK equivalent. The company has announced plans to put its UK retail business, which has 79 stores, into administration, putting hundreds of jobs at risk. The firm’s UK business has been unprofitable for more than a decade, which sparked a mass of closures last year. ... Read More »

N. Ireland’s DUP signal they’ll reject customs union compromise, in Brexit blow for UK opposition parties

The Democratic Unionist Party (DUP), the UK government’s Northern Irish key allies, have indicated that they will not back a customs union amendment to the Brexit Bill, in a set-back for opposition parties. In what is a crucial week in the Brexit process, with UK PM Boris Johnson’s Tory government looking to get their Withdrawal Agreement Bill (WAB) passed by ... Read More »

Johnson’s customs proposal falls flat along Ireland border

Eamon Fitzpatrick’s transport and fuel business is located right on the border between County Monaghan in the Irish Republic and County Fermanagh in Northern Ireland. Standing in his busy yard with his right foot south of the border and his left foot to the north, he says he faces “mind-boggling” challenges as the clock ticks down to Brexit. “To set ... Read More »

Brexit deal hopes fade as DUP rules out concessions

Hopes of a Brexit deal at next month’s European Council received a blow on Sunday night when DUP leader Arlene Foster ruled out any concessions on customs and the regulation of goods. Ms Foster said she could not accept any kind of internal customs border within the UK, adding Northern Ireland could not be part of two customs territories. Her ... Read More »

Newry business Zen Day Spa recognised as a ‘Best-in-Class All Ireland business’

Business All-Stars award and accreditation quality mark signified Zen Day Spa as ‘progressive indigenous all-Ireland business’, that has met the highest quality standards of verified performance, trust and customer-centricity in rigorous selection criteria throughout all of Ireland. This accreditation is overseen by the prestigious All-Ireland Business Foundation, a national body responsible for identifying an accrediting Best in Class Irish Businesses ... Read More »

Mining Ireland Conference 2019: ‘Ireland – Open for Business’

Geoscience Ireland, in collaboration with the Irish Mining and Quarrying Society, will be hosting the ‘Mining Ireland’ conference on October 8 at the Radisson Blu Hotel, Dublin airport Geoscience Ireland, in collaboration with the Irish Mining and Quarrying Society, will be hosting the ‘Mining Ireland’ conference on October 8 at the Radisson Blu Hotel, Dublin airport. Mining Ireland has grown ... Read More »

Boris Johnson given two-week EU deadline for Irish backstop plan

Boris Johnson has been set a two-week deadline to table a plan for replacing the Irish backstop as further embarrassing details emerged of the prime minister’s chaotic visit to Luxembourg. France’s president, Emmanuel Macron, and Finland’s prime minister, Antti Rinne, told reporters in Paris that they were both “concerned about what is happening in Britain”. “We need to know what ... Read More »

Irish courier says it has spent €3m preparing for Brexit

Ireland’s largest courier company says it has spent €3m preparing for Brexit. DPD Ireland has trained 20 staff on how the customs process works and built a system to collect duties and taxes from customers. The company says its prepared itself for a no-deal scenario. Chief Executive of DPD Ireland Des Travers says customers will have to pay anything due ... Read More »

Boris Johnson considers plan to build bridge over the sea between Scotland and Northern Ireland

UK Prime Minister Boris Johnson is said to be exploring plans to build a bridge between Scotland and Northern Ireland. Johnson has asked government officials to look at the costs and risks of building a 28-mile bridge across the Irish Sea, Channel 4 News reported Tuesday. The prime minister has reportedly asked officials to examine “where this money could come ... Read More »

Irish companies to battle it out for tech company of year award

Ireland’s technology companies are set to fight it out for the accolade of technology company of the year, with the launch of the Technology Ireland Industry Awards. Now in its 27th year, the awards, run by Ibec group Technology Ireland, seek to highlight successful entrepreneurship and innovation in digital technologies in Ireland. Among the sponsors this year are EY Ireland, ... Read More »

UK factories suffer worst slump since 2012 amid Brexit crisis : as it happened

Activity plunged in August to the lowest levels since July 2012, according to the latest factory PMI survey The report found that EU-based customers are shunning British manufacturers as the risk of no-deal Brexit mounts, rerouting supply chains away from the UK as the likelihood of border disruption after 31 October increases. Economists said the drop in the UK factory ... Read More »

Belarus, UK to enhance cooperation in customs matters

Belarus and the UK are intended to increase the level of practical interaction between the customs services of the two states, the State Customs Committee of Belarus told BelTA following the meeting with the delegation of the HM Revenue and Customs of the United Kingdom of Great Britain and Northern Ireland. The heads of the customs services shared their experience ... Read More »

Boris blues hit Irish business and consumer sentiment

Consumer and business sentiment dropped to a new low as the threat of a no-deal Brexit inched closer, according to a new report from Bank of Ireland. The bank’s “economic pulse” indicator, which combines the results of separate consumer and business indices, fell nearly four points to 79.1 in August. This was more than 12 points lower than a year ... Read More »

Brexit: Taoiseach Leo Varadkar says no deal can still be avoided

Taoiseach (Irish prime minister) Leo Varadkar has said he still believes a no-deal Brexit can be avoided. The EU has said there is currently no basis for “meaningful discussions” and talks are back where they were three years ago. Mr Varadkar is in Northern Ireland on Tuesday meeting business leaders to discuss Brexit. He was greeted at Hillsborough Castle by ... Read More »

UK documents warn of ‘meltdown’ in wake of no-deal Brexit

Leaked British government papers that outline the effect of a no-deal Brexit show the need for an orderly withdrawal by the UK from the EU, Government sources have said. The documents, published by the Sunday Times, warn of a hard Irish border, a three-month “meltdown” at ports and shortages of food and medicine if the UK leaves the EU without ... Read More »

Paschal Donohoe says Irish economy is ‘well-capable’ of withstanding a no-deal Brexit

MINISTER FOR FINANCE Paschal Donohoe has said that Ireland’s economy is “well-capable” of withstanding a no-deal Brexit. He said that although the possibility of a no-deal Brexit was “clearly growing”, the Irish economy was prepared. “We have an economy well capable of responding to a no-deal Brexit, approaching the challenge with more people working in Ireland than ever before… This ... Read More »

Ryanair pilots in Ireland vote to strike over pay

Ryanair pilots in Ireland will join their UK-based colleagues in going on strike if the no-frills carrier does not agree to their pay demands by Monday. In a move that piles pressure on the Dublin-based carrier, members of Ialpa voted overwhelmingly in favour of industrial action, with the union citing widespread anger at the stagnation of pay negotiations with the ... Read More »

Post-Brexit duty-free port network idea condemned by Labour

Labour has denounced a plan by Boris Johnson to create duty-free ports around Britain after Brexit as a boon to money-laundering and tax evasion that will diminish employment rights. The British government will on Friday appoint an expert panel to advise on the establishment of freeports, where businesses can import, warehouse and re-export goods duty free. The government claims that ... Read More »

Brexit weighing on minds of small business customers : Bank of Ireland CEO

DUBLIN : Brexit is weighing heavily on the minds of Irish small and medium enterprise customers, the chief executive of the Bank of Ireland said on Monday. “Listening to the emotional rhetoric out of London, it is pointing in the direction of a no-deal Brexit being a real risk,” Francesca McDonagh said in an interview. “Our advice to business owners ... Read More »