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Business News

This site is updated regularly with industry and practice news.

Retail, transport workers should receive living wage – Varadkar

Essential workers including those in retail, transport, cleaning and food service should receive a living wage with access to an occupational pension, according to the Tánaiste and Minister for Enterprise, Trade and Employment Leo Varadkar. However, addressing a seminar of the Employment Bar Association, Mr Varadkar failed to indicate any time frame for when the…

Slight decline in mortgages in arrears in final quarter – Central Bank

There was a marginal decline in the number of mortgage accounts on private residences that were in arrears at the end of December, according to the Central Bank. 54,986 mortgage accounts were in some form of arrears by the end of the year, a decline of 0.8% – or 462 accounts – over the three…

Irish family firms cut more jobs than European peers

Irish family firms cut more jobs in the past year when compared to their European peers, according to a new report. The study by the Step Project Global Consortium and KPMG Private Enterprise found that employment in Irish family firms was 15% lower than pre-pandemic levels. That compares to a fall of 4% across European family…