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12.02.2021 / 16:48

Events businesses disappointed with Covid support scheme

Businesses operating in the events, exhibitions and trade show sectors have expressed their disappointment at a new Government scheme designed to help them survive through the pandemic.

business Coronavirus

Coronavirus: Kingston prepares for out-of-town visitors as businesses reopen

MOH considers imposing travel restrictions into Kingston by ordering ID checks This shift begs the question: will Kingston see out-of-town visitors try to come to the city and take advantage of its green status?“We don’t anticipate it being any different than other times in the past when we were green and other communities weren’t,” says Krista LeClair, executive director for Kingston Accommodation Partners.“There was no time when there was a huge influx of leisure travellers — that’s not what people have been told to do, and it’s not what we’re seeing.”There are some hotels and bed and breakfasts that have received booking calls from hopeful vacationers who come from Ottawa or Toronto, and there are some who haven’t received any calls at

city Kingston Ottawa business Travel Coronavirus

Central Bank boss warns insurance firms to honour disruption claims

The Governor of the Central Bank, Gabriel Makhlouf, has sent a strong message to insurance companies involved in disputes with customers over business disruption policies.

Gabriel Makhlouf Britain Ireland county Ida business Coronavirus

Eir promises more improvements in customer care

The chairman of Eir has apologised for poor customer service at the telecoms company over the past year.

business Technology Coronavirus

Tourism sector may not fully recover until 2029 in worst-case scenario, ITIC warns

The tourism industry here has warned that in a worst-case scenario the sector may not recover to 2019 levels of activity until 2029.

Ireland business Coronavirus

Construction should reopen fully by 8 March - CIF

The Director General of the Construction Industry Federation says he does not accept that construction should not reopen fully by 8 March and he hopes that common sense will prevail.

Tom Parlon Ireland business Coronavirus

Canadian small businesses seeking overhaul to government relief programs

More than 200K small businesses could close permanently amid pandemic, CFIB says “We were put in a situation we had to take the money,” he says. “Our sales were cut in half, sometimes more.

Dan Kelly business Small businesses Coronavirus

Coronavirus: Kingston, Ont., businesses react to moving out of lockdown, reopening

coronavirus reopening plan.KFLA, along with Hastings Prince Edward and Renfrew County, have been allowed to reopen due to lower local transmission of COVID-19 and increasing hospital capacity.

county Ontario city Kingston county Prince Edward city Hastings county Renfrew business shopping Coronavirus

IALPA warns of fatal Covid blow to aviation sector

Irish airlines could suffer a fatal blow if they lose out on a second consecutive summer season, after a year of almost zero revenue and inadequate financial support from the Government, the Irish Airline Pilots Association has said.

Evan Cullen Ireland business Coronavirus

Revenue apologises to hauliers for import system problems

Revenue has apologised for ongoing intermittent performance problems with its main import system.

city Dublin business Brexit Coronavirus

Lowest rate of rental inflation in nine years as Dublin prices fall in the year - daft.ie

It was a tale of two rental markets in 2020 with monthly rents in the capital down 3%, but outside of Dublin, rents were up 5%, the latest rental report from property website daft.ie shows.

city Dublin business Coronavirus fall

How the major forces of Covid-19 and Brexit are forever changing the way we shop

When shoppers do venture back to city centres and shopping centres later this year, things are going to look and feel very different.

Dorothy Perkins Britain Ireland city Dublin business Brexit Coronavirus The Way

Seafood producers go online in bid to revive trade

Struggling food producers are turning online to reach new customers.

Ireland county Wexford business Coronavirus

COVID-19: Gym owners call on Alberta government to ease more restrictions, allow for full reopening

Economy vs. health: Experts say COVID-19 has put Alberta in ‘disproportionate’ balance Wildeman said many owners have already pivoted part of their business, offering up virtual classes and the like, but said it’s not enough to sustain operations.“I think every business has to be looking at their operations (and) talking to their landlords,” he said.

Public Health business Coronavirus

Decision due on insurance cases taken by closed pubs

The Commercial Court will give its decision later today in cases being taken by a number of pubs against insurer FBD over its refusal to pay out on claims for disruption caused to their business by Covid-19.

city Dublin business Coronavirus

Employers warned over conditions for staff working from home

Employers have been warned they could be exposed to legal claims if they fail to ensure that staff working from home have a safe environment.

Insurance Ireland Ireland business Coronavirus

Late year surge in home completions brings 2020 close to 2019 levels

There was a big increase in the number of housing projects completed in the final three months of last year, new Central Statistics Office show.

business Coronavirus

Covid-19 unemployment rate climbs to 25% in January - CSO

The Covid-adjusted rate of unemployment rose to 25% in January, up from 19.4% in December, according to the latest figures from the Central Statistics Office.

business Unemployment Coronavirus

Savings continue to rise as debt levels fall - Central Bank

Household savings continue to rise and debt levels continue to fall, according to the latest figures from the Central Bank.

business Coronavirus fall

COVID-19 pandemic affecting financial confidence, debt in Saskatchewan: report

COVID-19 pandemic has affected many aspects of our daily lives in Saskatchewan, including personal finances.A recent report conducted by MNP found people’s economic pain has carried over from last year.Financial experts say much of the anxiety people are feeling is a result of the pandemic, including lowered interest rates and government-aided funding.According to the quarterly MNP consumer debt index completed by Ipsos, 42 per cent of Saskatchewan residents feel they won’t be able to cover their living expenses for the next year without gaining more debt.Roughly the same number feel concerned about their levels of debt or regret debt obtained.The report adds that roughly 30 per cent of people have taken on more debt because of the

business MNP

Ryanair forecasts record annual loss as Covid-19 'wreaks havoc'

Ryanair said it may lose close to €1 billion in its current financial year, by far its worst ever performance, but Europe's largest low-cost carrier said the crisis would create significant growth opportunities.

Michael Oleary business RyanAir Coronavirus

New €55m fund to aid tourism businesses hit by pandemic

A new €55m fund to assist tourism businesses that have been impacted by the Covid-19 pandemic is to be launched later today.

Catherine Martin Ireland county Martin business Coronavirus

Chocolate, ice-cream, coffee sales go up as lipstick, razor sales decline

Sales of chocolate bars, ice-cream and coffee pods are all on the rise, while hairspray, lipstick and razor sales have declined, new figures show.

Ireland business Coronavirus

Major change in consumer spending habits as lockdown continues

Consumer pandemic spending habits have been revealed in data collected by RTÉ News, from supermarkets and pharmacies.

Ireland business Coronavirus habits

Employment Wage Subsidy Scheme has cost over €2 billion so far

The Employment Wage Subsidy Scheme has cost the state over €2 billion so far in wage suppports for businesses affected by the pandemic.

business Coronavirus

Public debt set to increase to €47,700 per person - Finance

The national debt stood at more than €219 billion at the end of last year, equivalent to €44,000 for every person in the country, according to a new report from the Department of Finance.

business Coronavirus

Call for clarity on Covid-19 tests for hauliers

Hauliers have called for "clarity" regarding a new Covid-19 testing regime for truck drivers travelling to the continent as it seems likely that new antigen test centres near Irish ports will not be operational until tomorrow.

Ireland France county Wexford city Dunkirk business Coronavirus clarity

Business owners ready for return to orange in Saint John, Fredericton zones

COVID-19 recovery at 11:59 Tuesday night, business owners are preparing to alter their practices once again.Emily Saab and KC Wilcox, who have owned and operated a shop in Uptown Saint John for a little over two years, welcome the change.

saint John city Uptown pandemic business Coronavirus

WRC Covid ruling 'a wake-up call' for employers

An office-based worker here had no option but to resign from her job during the first Covid-19 lockdown after her employer rejected her plea to work remotely from home.

business Coronavirus

IMF raises world economic growth forecast to 5.5%

The International Monetary Fund has revised upwards its forecast for growth in the world's economy this year, based on the rollout of vaccines and financial support packages deployed by governments.

business Oil prices Coronavirus growth

PUP numbers increase by 3% in the last week

475,000 people are set to receive the Pandemic Unemployment Payment this week, an increase of 3% on last week's total.

Ireland business

Coronavirus: Industries left out of Manitoba’s reopening plans want more explanation

public health loosened restrictions in most of the province, from level red COVID-19 lock down measures implemented in November.Retail businesses opened with non-essential items once again allowed to be sold in person. Two designated people are allowed to visit another household and hair salons and barber shops are now allowed to open their doors to customers.But others were left out.

business coronavirus in manitoba Coronavirus

Boohoo buys Debenhams brand for €55m, but stores to close

Online fashion retailer Boohoo has bought the Debenhams brand and website for £55m in a deal that will see the eponymous department store name survive, but the company's remaining 118 stores close for good in the UK.

Britain business Debenhams

Irish billionaires' wealth up €3bn since pandemic began - report

A new report from Oxfam claims the fortunes of Ireland's billionaires has risen €3.3bn since the start of the Covid-19 pandemic.

Ireland business Wealth

Big consumer rebound expected after Q1 lockdown - Goodbody

The unleashing of €13 billion in household savings and significant pent-up demand will lead to a surge in consumer spending that will fuel a 5% growth in core domestic demand this year, new research from stockbroker Goodbody says.

Dermot Oleary Ireland business Housing Coronavirus

490 Arcadia jobs in Ireland still under threat as Next withdraws from talks

490 Irish-based retail jobs in companies including Topshop remain in serious jeopardy after fashion retailer Next withdrew from negotiations to purchase the collapsed Arcadia Group.

Dorothy Perkins James Anderson Britain Ireland city Arcadia business Coronavirus deloitte

Government has no plans to expand CRSS criteria, despite complaints

The Government says it has no plans to amend the criteria for the Covid Restrictions Support Scheme (CRSS) despite growing complaints from business groups that firms that need it are being excluded.

business Coronavirus

Vaccine roll-out key to economic growth this year - Central Bank

The Central Bank has forecast that growth in the economy will pick up in the second half of this year, if there is a successful roll-out of the Covid-19 vaccination programme.

Britain Ireland Eu business Coronavirus growth

EWSS could cost €3.7bn if continued beyond March - Donohoe

The Employment Wage Subsidy Scheme would cost an extra €3.7 billion if extended beyond March to the end of this year, Finance Minister Paschal Donohoe has confirmed.

Paschal Donohoe Ged Nash business Coronavirus

Covid-19: 51 further deaths, 2,608 new cases

The Department of Health has been notified of 51 new deaths and 2,608 further cases of Covid-19.

Ireland city Dublin business Coronavirus

Job vacancies remain 23% below pre-Covid levels

Job postings for the final quarter of last year were 23% lower than the same time in 2019, according to figures published by e-recruitment platform IrishJobs.

Ireland business Coronavirus

Pincher Creek thrilled with results of ‘massive’ shop local holiday campaign

Pincher Creek’s pioneer village Christmas fundraiser biggest yet despite COVID-19 restrictions Thirty-four businesses participated in the Love Local passport campaign, where people could receive a stamp to show they’d supported each different local shop, with the goal of being drawn to win gift cards to their favourite spots.“Many businesses in our community have said this was the best Christmas they’ve ever had,” Schofield said.Seeds Flower Shop owner Jacalyn Anderson says it’s a testament to the kind of community she grew up in.“These people are generational here,” she explained.

county Love business shopping

Over half of Metro Vancouver businesses still facing lower sales due to COVID-19: survey

COVID-19 pandemic has led to 62 per cent of Metro Vancouver businesses still experiencing decreased sales volumes, according to a new survey from the Greater Vancouver Board of Trade.The survey looking into the business impacts of the pandemic also found seven in 10 businesses impacted by holiday spending reported lower revenues compared to previous holiday seasons — depriving the businesses of the nest egg typically used to navigate the tougher winter months.The information was gathered in a survey of the Board of Trade’s members, done in partnership with the Mustel Group.“While many hoped that the new year would offer some light at the end of the COVID-19 tunnel, these results show that many businesses are barely treading water as they

business Coronavirus vaccines

HSE welcomes Beacon Hospital decision to join safety net agreement

The privately-owned Beacon Hospital in Dublin has signed up to treat public patients under the safety net 'surge capacity' agreement with the Health Service Executive.

Ireland city Dublin business Coronavirus

PUP numbers jump by over 15% in the last week

460,000 people will receive the Pandemic Unemployment Payment this week - an increase of over 15% in the last seven days, according to the Department of Social Protection.

Heather Humphreys business Coronavirus

Price rises expected as estate agents struggle to meet demand - SCSI

Chartered estate agents say they are struggling to meet demand for property, especially from first time buyers.

Ireland city Dublin business

Concerns hospitality sector will not reopen until after Easter

There is growing expectation that the re-opening of the hospitality sector will not begin until after Easter at the very earliest.

Leo Varadkar Paschal Donohoe Catherine Martin Ireland business Coronavirus

Pfizer temporarily reduces Covid vaccine deliveries to Europe

Pharmaceutical company Pfizer is to temporarily reduce deliveries to Europe of its vaccine against Covid-19 while it upgrades its production capacity.

Norway business World Coronavirus

COVID-19

United States	Cases: 46 252 513 Deaths: 750 423 Recovered: 0
India	Cases: 34 321 025 Deaths: 459 652 Recovered: 0
Brazil	Cases: 21 835 785 Deaths: 608 235 Recovered: 0
United Kingdom	Cases: 9 215 683 Deaths: 141 607 Recovered: 0
Russia	Cases: 8 494 589 Deaths: 237 619 Recovered: 0

Detail statistic