Business News

NTMA due to hold two bond auctions in third quarter

2nd July 2020

The National Treasury Manangement Agency said today it plans to hold two bond auctions in the third quarter of this year. The NTMA said it will hold bond auctions on July 9 and September 10. The agency is also planning three Treasury Bill sales and these are pencilled in for July 16, August 20 and […]

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NAMA completes transfer of €2 billion to Exchequer

2nd July 2020

The National Asset Management Agency has completed its transfer of €2 billion to the Exchequer.   The sum represents half the expected surplus from NAMA’s operations. The agency made the announcement at the publication of its annual report today.  The expected balance of an additional €2 billion will be paid over the next two years. […]

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NAMA completes transfer of €2 billion to Exchequer

2nd July 2020

The National Asset Management Agency has completed its transfer of €2 billion to the Exchequer.   The sum represents half the expected surplus from NAMA’s operations. The agency made the announcement at the publication of its annual report today.  The expected balance of an additional €2 billion will be paid over the next two years. […]

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EU reopens to outside visitors in bid to save tourism

2nd July 2020

The European Union has reopened its borders to visitors from 15 countries, but excluded the United States where deaths are rising again and a top health official warned the country was heading in the “wrong direction”. The final list of nations safe enough to allow residents to enter the EU did not include Russia, Brazil or […]

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EU reopens to outside visitors in bid to save tourism

2nd July 2020

The European Union has reopened its borders to visitors from 15 countries, but excluded the United States where deaths are rising again and a top health official warned the country was heading in the “wrong direction”. The final list of nations safe enough to allow residents to enter the EU did not include Russia, Brazil or […]

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‘Lenders have responsibility to borrowers’ – BPFI

1st July 2020

The chief executive of Banking Payments Federation Ireland has said it is not unreasonable for banks to look closely at applicants coming forward for mortgages and loans.  Brian Hayes’ comments follow news of AIB’s stricter lending guidelines as a result of the impact of Covid-19.  Mr Hayes said that lenders have a responsibility to borrowers.  He […]

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Covid-19 committee hears SMEs call for more Govt funding to survive

1st July 2020

The Oireachtas Special Committee on Covid-19 Response has heard calls for more help for small and medium businesses affected by the pandemic. The Chair of SME Recovery Ireland, John Moran, told politicians that small and medium businesses across Ireland are dying and need more funding to help them to survive. In his opening statement, Mr Moran called […]

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Spend yesterday approached pre-Covid levels – Revolut

1st July 2020

Hairdressers, barbers, spas, chiropractors and dentists were among the big beneficiaries of the Phase 3 reopening of the economy yesterday, according to transaction data from Revolut. Pubs and restaurants also got a boost from the restart of business, although to a lesser extent than the other big winners. Excluding online shopping, overall spending yesterday by […]

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Covid-19 adjusted unemployment rate falls to 22.5% in June – CSO

30th June 2020

The country’s unemployment rate, including those receiving temporary Covid-19 jobless benefit, fell to 22.5% at the end of June from 26.1% a month earlier, new figures from the Central Statistics Office show. Today’s monthly unemployment figures reflect the first two stages of the economy’s gradual re-opening.  The unemployment rate, which stood at just 4.8% before […]

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Extra €2.5bn to be spent on health, business supports

30th June 2020

The Dáil has agreed to spend at least another €2.5 billion on health and business supports due to the Covid-19 pandemic. Minister for Health Stephen Donnelly confirmed that an additional €2bn was required to pay for health services this year, bringing the department’s revised spending estimate for 2020 to almost €20bn. The estimate has increased by upwards of […]

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Covid-19 Clinton Higgins Business Arrangements

We hope that you are keeping well and safe in these very challenging and unprecedented times. At Clinton Higgins we want to assure you that our professional team remains fully available to serve our clients by way of telephone calls, emails and video conferencing. All our usual channels of communication are open and you can contact us by way of email at info@clintonhiggins.ie or by telephone 045881777 at any time. The only exception that you can expect is the absence of any face to face meetings. We fully support the Government’s recommendations and the welfare of our staff, our clients and our suppliers is paramount at this time.

Thank you

Partners and Staff