Legatus

Manufacturing & Supply Chain

Economy

ESRI predicts growth close to 5% in 2016

    ESRI predicts growth close to 5% in 2016

The Economic and Social Research Institute (ESRI) has forecast that the economy will grow by 6.7% this year and close to 5% next year, with employment breaking through the two-million

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Ibec increases its projections for Irish economy

    Ibec increases its projections for Irish economy

Business group Ibec has improved its GDP forecast for the Irish economy this year, and now expects it to grow by 7.1%, after last week it indicated that annual growth was

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Forecast predicts 6% growth in Irish economy

    Forecast predicts 6% growth in Irish economy

The Irish economy is expected to grow by almost 6% this year, according to a new forecast. The EY Economic Eye forecast for winter shows that Ireland’s economy is on

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OPEC set to maintain oil output levels

    OPEC set to maintain oil output levels

OPEC appeared unlikely to cut oil production to lift languishing prices at a meeting in Vienna on Friday, potentially worsening one of the worst crude gluts in history. Despite oil

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IEDR: Only 35% of Irish SMEs can process sales online

    IEDR: Only 35% of Irish SMEs can process sales online

Irish shoppers are expected to spend €100 million (or €4 million an hour) on Black Friday, but only 35% of Irish SMEs with a website can process payments online and

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CPL Resources to create 200 new jobs

    CPL Resources to create 200 new jobs

Recruitment company CPL Resources announced the creation of 200 skilled, operational roles across the Group’s extensive branch network in the next two years. These roles will include high value senior

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Credit Suisse plans for major trading floor in Dublin

Swiss bank, Credit Suisse, is on course to become the first international bank to set up a major trading floor in Dublin. The Swiss bank wants to move 40 traders and

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Scottish innovation and investment hub in Dublin to increase trade

Today Fiona Hyslop, the Scottish Cabinet Secretary for Culture, Europe and External Affairs announced the appointment of John Webster to the new Scottish innovation and investment hub in Dublin. Mr Webster, who

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Bank of Ireland approves €3.6bn of new SME loans

Bank of Ireland said it approved €3.6bn of new credit for Irish business in the nine months to the end of September. This result has increased by 13 percent compared

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Record 17 percent increase in sales at Kildare Village

Sales at Kildare Village are at a record high as they increased by 17.7 percent in the year to date ahead of a new phase of extensions that will see

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Strategic Banking Corporation of Ireland makes €50m available to SMEs

The Strategic Banking Corporation of Ireland (SBCI) is to make lending of €50m available to small and medium-sized businesses looking to buy equipment, machinery and vehicles. The money will be

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Business Angels reach €50m milestone with Connexicon Medical’s €1.15M investment

HBAN, a joint initiative of InterTradeIreland and Enterprise Ireland responsible for the all-island promotion of business angel investment, today announces that it has breached the landmark of €50 million invested

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Billion dollar aircraft leasing industry paid €23m in corporation tax in 2014

Aircraft leasing is a multi-billion euro industry yet it paid €23m in Irish corporation tax last year. Ireland is home to nine of the 10 largest leasing firms. The top

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Philip Lane appointed new Central Bank Governor

Philip Lane, an economics professor at Trinity College Dublin, has been named as the new Governor of the Central Bank. He replaces Professor Patrick Honohan, who announced in May that

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Budget package of tax cuts and spending hikes now set to be €3bn

    Budget package of tax cuts and spending hikes now set to be €3bn

In a note circulated this morning Conall MacCoille said the just-published White Paper on Estimates of Receipts and Expenditure showed that spending will finish 2015 €1.5bn higher than expected due

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Consensus forecast predicts economy to grow by 5.6pc in 2015

    Consensus forecast predicts economy to grow by 5.6pc in 2015

The forecast, carried out by DKM Economic Consultants, based its estimate on projections from both Irish and international bodies such as the IMF, the EU and the OECD. It found

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Central Bank raises 2015 GDP forecast to 5.8 percent from 4.1percent

Ireland’s economic recovery accelerated in the first-half, expanding from the export sector to the domestic economy, prompting the Central Bank to revise its GDP forecast for 2015 up to 5.8

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