The Scotch Whisky Association (SWA) has slammed the recent decision by the Chancellor to raise duty on Scotch Whisky by 10.1%, in one of the largest tax hikes in recent
Recharge Industries™, a portfolio company of investment firm Scale Facilitation®, has been successful in its bid for ownership of Britishvolt, which entered Administration on 17 January 2023. Recharge Industries™ is
The 2023 National Construction Summit is being held on Tuesday, March 21st at the Sport Ireland Campus, Blanchardstown in Dublin. Incorporating a comprehensive conference programme, including a wide array of
Enterprise Ireland, the Government agency responsible for developing Irish business globally, has announced the creation of 19,660 new jobs by Enterprise Ireland client companies in 2022. The jobs growth translates
CRH plc, the global leader in building materials solutions, has established CRH Ventures, its venture capital unit, which will support the development of new technologies and innovative solutions to meet
Thousands more Irish companies will now be eligible for Government export grants in a move designed to fill a crucial gap and help strengthen Ireland’s indigenous SMEs. The Government has
Cardinal Ireland Partners, the Irish private equity growth fund managed by Cardinal Capital Group, has invested in Uform, with plans to scale the business. Founded in 1993 by Eamon and
Despite significant headwinds, the Irish economy is set to perform in a robust manner for remainder of 2022, however the pace of growth is set to moderate in 2023 as
The latest UK Food and Beverage Sector M&A report from corporate finance house, Oghma Partners, shows that UK Food and Beverage M&A market activity in T2 2022 (May–August) saw a
The food and drink industry accounted for 6% of administrations in the first six months of the year – the sixth highest sector in the UK – according to analysis
GSK plc has completed the demerger of its Consumer Healthcare business to form the Haleon Group. Following the Demerger, GSK is now focused purely on biopharmaceuticals, prioritising investment towards the
Despite significant challenges in the global economy, Irish economic growth is set to continue in 2022, largely driven by a strong export sector. The ESRI (Economic and Social Research Institute)
An exciting new business funding matching tool that will revolutionise access to finance for businesses in Ireland has been launched by ISME – the Irish SME Association – in partnership with
Carbery Group, the West Cork-based international ingredients, flavours, and award-winning cheese producer, has reported a positive financial performance for the year ended 31 December 2021. Group turnover increased by 17% to
The 2022 National Manufacturing & Supply Chain Conference & Exhibition will be held over two days – on 25th and 26th of May – at the RDS Simmonscourt in Dublin.
Venture capital investment into Irish tech start-ups and SMEs reached a record €1.3 billion in 2021, up 44% from €925m the previous year, according to Irish Venture Capital Association VenturePulse
2021 was a year of continued societal uncertainty amidst the ongoing global pandemic, but venture capital investment into biotech shared none of that uncertainty, enjoying its fifth consecutive year of
The Irish Government has launched a new €90 million fund for Irish start-ups at Trinity College Dublin’s Tangent Ideas Workspace for student entrepreneurs. By investing in several underlying venture funds,
Tate & Lyle PLC has announced the appointment of Dawn Allen (pictured) to the position of Chief Financial Officer, and to the Board of Tate & Lyle, with effect from
2021 was another record year for food and drink industry transactions, with 1,116 registered on the Zenith Global mergers and acquisitions database, an average of 21 each week. The total
British Irish Chamber calls for ‘Shared Islands Fund’ to Reboot the UK–Ireland Economic Relationship
The British Irish Chamber of Commerce has today unveiled its Budget 2022 submission calling for the establishment of a ‘Shared Islands Fund’ to reboot the economic relationship between Ireland and
The Government has welcomed the announcement by Initiative Ireland of its new sustainable finance partnership, for the construction of residential homes, with Fairfield Real Estate Finance. Through this partnership, Initiative
Ireland’s Top 25 Most Valuable Brands lose nearly €3 billion worth of brand value amid pandemic woes
Ireland has recorded mixed fortunes throughout the COVID-19 pandemic, with the lowest rates per capita in Europe in mid-December 2020, but by mid-January this year was in the grips of
CRH plc, the global building materials group, has report a 2% decline in like-for-like sales revenue to $27.6 billion for
CurvaLux UK (“CurvaLux”), the innovative developer and manufacturer of new generation wireless broadband solutions and Sheffield City Region Mayoral Combined
Today, business need a trusted advisor as they reevaluate IT priorities to drive business continuity in “the new normal.” Dell
Enterprise Ireland welcomes new Covid-19 business supports and opens EU-approved €180 million scheme
New Covid-19 “Sustaining Enterprise Fund” administered by Enterprise Ireland provides up to €800k in liquidity support for companies affected by
Enterprise Ireland has published a Guide to assist affected exporting companies in transitioning through the immediate and critical challenges that
The Government has advised businesses experiencing financial difficulties as a result of Covid-19 to take the following steps: Contact your
The Government has announced details on the package of supports for businesses impacted by COVID-19. The Department of Business, Enterprise
The Ireland Chapter of Project Management Institute (PMI) has announced the expert speakers for its National Conference, with former Irish Rugby
Mastercard has announced its plans to create 1500 jobs in the next three to five years as it significantly grows
The European Investment Bank has signed a €35 million loan agreement with Cork County Council to support the Council’s Social
European firms are becoming increasingly pessimistic about the economic outlook according to the new EIB Investment Report 2019/2020. The report also
The rapid growth in sustainable finance will require major changes to the make-up of third-level business and finance degree courses
The most recent Central Bank Household Credit Market Report reveals the very dramatic changes underway, particularly for first-time buyers (FTBs),
A new €40 million, 10-year European Investment Bank (EIB) loan to An Post has been formally announced in Dublin. More
The European Commission’s science and knowledge service, the Joint Research Centre, has published a new flagship report exploring the challenges and impacts of
Invest Northern Ireland has launched two new Equity Funds offering investments to innovative high growth potential SMEs. The TechStart II
EY has announced its plans to create 600 new jobs adding to its current headcount of 3,076 on the island
The continuation of the Help-to-Buy Scheme in the 2020 Budget has been welcomed by Property Industry Ireland, Brokers Ireland, EY
The Small Firms Association (SFA) has launched the ‘Financial literacy amongst Irish micro, small and medium-sized businesses’ report, in collaboration
NTR has successfully closed two project debt facilities back-to-back in recent weeks with Nord/LB for a combined €45 million. The debt facilities are being used to
Commenting on the newly published Banking and Payments Federation Ireland (BPFI) paper on Non-Performing Loans, Brokers Ireland said while it is
Many Irish companies that deal in foreign currency are exposing their businesses to significant and unnecessary profitability risks due to
Opus Fund Services, an award winning independent, privately owned global fund administrator headquartered in Bermuda, plans to open a second
The European Securities and Markets Authority (ESMA), the EU’s securities markets’ regulator, has published a report on the status of licencing
A new Trade Finance product that allows businesses to buy, receive and sell goods before needing to pay for them
To facilitate an increase in business in the Munster region, Bibby Financial Services Ireland (BFSI), a leading provider of financial
The €21 million fine imposed by the Central Bank on Permanent TSB in respect of tracker mortgage failings is likely
Brokers Ireland has appointed Duncan Duke (pictured) as President following its AGM held in Dublin. Duncan Duke is a founding member
Carne, the Irish-founded premier global provider of fund management company solutions to the asset management industry, has announced a significant
Ireland’s leading female business organisation, Network Ireland, and AIB have agreed to extend their partnership. AIB has been the official
Energia Group, one of Ireland’s leading energy providers and infrastructure investors, has agreed a €44 million debt finance package with Allied
The role of robots and Artificial Intelligence in accountancy were among the discussions at the recent ACCA conference hosted by
The new EU framework for the screening of foreign direct investments is now in force. The framework will be instrumental
Dairygold, the dairy co-operative, has announced that its annual turnover rose by €27.4 million to a record €992.9 million in
The Government has launched the Future Growth Loan Scheme to allow for the roll out of €300 million in funding to
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