Practice News

Strong rise in housing activity drives construction sector growth in December

11th January 2021

The construction industry finished 2020 in expansion mode on the back of strong levels of housebuilding, the latest Ulster Bank’s Construction Purchasing Managers Index shows. The Ulster Bank construction PMI posted a reading of 52.3 in December, down from 53.5 in November but above the 50 no-change mark for the second month in a row […]

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Consumer spending up 6% in December – Revolut

11th January 2021

New figures from Revolut shows that total consumer spending in December 2020 rose by 6% from December 2019, with many sectors seeing record levels of expenditure.  Digital banking app Revolut said its research showed that consumers returned to the shops in force for a Christmas shopping spree, with the December reopening of non-essential retailers seeing […]

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Consumer spending up 6% in December – Revolut

11th January 2021

New figures from Revolut shows that total consumer spending in December 2020 rose by 6% from December 2019, with many sectors seeing record levels of expenditure.  Digital banking app Revolut said its research showed that consumers returned to the shops in force for a Christmas shopping spree, with the December reopening of non-essential retailers seeing […]

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Brexit reality bites: The new dawn of trade friction

11th January 2021

This week, as Brexit took effect, a company in Cork that sells sports posters to Europe and around the world ceased all direct online sales to the UK. “There’s no point having the hassle,” said Wayne Mullins, a graphic designer who runs Kobe Designs. “I’ll just not send to the UK. I’ll keep selling to the […]

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Brexit reality bites: The new dawn of trade friction

11th January 2021

This week, as Brexit took effect, a company in Cork that sells sports posters to Europe and around the world ceased all direct online sales to the UK. “There’s no point having the hassle,” said Wayne Mullins, a graphic designer who runs Kobe Designs. “I’ll just not send to the UK. I’ll keep selling to the […]

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Businesses urged to claim 0% tariff on UK-origin goods

8th January 2021

Businesses, and especially SMEs, have been alerted of the need to actively claim the zero-tariff rate on UK origin goods.  The Minister of State for Business, Employment and Retail, Damien English, said that under the EU-UK Trade and Cooperation Agreement, tariff duties are eliminated for trade between the EU and the UK where the relevant […]

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Businesses urged to claim 0% tariff on UK-origin goods

8th January 2021

Businesses, and especially SMEs, have been alerted of the need to actively claim the zero-tariff rate on UK origin goods.  The Minister of State for Business, Employment and Retail, Damien English, said that under the EU-UK Trade and Cooperation Agreement, tariff duties are eliminated for trade between the EU and the UK where the relevant […]

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Non-essential construction to stop this evening due to Covid-19 restrictions

8th January 2021

Non-essential construction is to cease this evening until at least the end of the month, as part of restrictions introduced on Wednesday to slow the spread of the third wave of Covid-19.  Essential construction projects that will be exempt from this include health projects specific to Covid-19, housing adaptation grants, repairs critical to maintenance for […]

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Non-essential construction to stop this evening due to Covid-19 restrictions

8th January 2021

Non-essential construction is to cease this evening until at least the end of the month, as part of restrictions introduced on Wednesday to slow the spread of the third wave of Covid-19.  Essential construction projects that will be exempt from this include health projects specific to Covid-19, housing adaptation grants, repairs critical to maintenance for […]

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The virus shaping our economy is unpredictable and surprising

8th January 2021

Covid-19 continues to be the predominant issue in all our lives. It also continues to be the predominant factor shaping our economy. And because it’s the Irish economy, it continues to be unpredictable and surprising.   Economists at the Department of Finance have been analysing different aspects of our Covid economy.   Its latest Economic […]

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