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New parental leave regulations coming into effect in September

New parental leave regulations coming into effect in September

New parental leave regulations will come into effect on September 1.

Employees will be entitled to 22 weeks unpaid parental leave which is an additional 4 weeks on current entitlements. This will then increase a further 4 weeks to 26 weeks from 1 September 2020.

The new Parental Leave Act also increases the maximum age of the child for whom parental …

4,920 new homes built between April and June – CSO

4,920 new homes built between April and June – CSO

There were 4,920 new homes completed between April and June, according to the CSO, an 11.8% increase year-on-year.

More than half of those – 2,834 – were part of a scheme, which is classified as a development of two or more houses.

That figure is 2.6% higher than in the same three months of 2018.

Almost 760 apartments were built …

Business activity growth at 3 month low, according to AIB PMI survey

Business activity growth at 3 month low, according to AIB PMI survey

Business activity in Ireland’s service sector expanded at the slowest pace in three months during July, amid the first reduction in foreign demand since November 2016.

According to the AIB Services Purchasing Managers Index survey, overall new order growth eased to a three month low, as firms commented that Brexit uncertainty had negatively affected customer demand.

As …

European debt rally pauses at start of a big week for bond markets

European debt rally pauses at start of a big week for bond markets

Core European government bond yields steadied on Monday after posting their biggest weekly drop in seven weeks as investors consolidated positions before a central bank policy meeting this week where policymakers might unveil plans of more rate cuts.

Though hopes have grown that the ECB might cut its deposit rate as soon as Thursday to soften the …

First-time buyers feel ‘pushed out’ by bulk investors

First-time buyers feel ‘pushed out’ by bulk investors

Fianna Fáil is calling on the Government to restrict tax incentives for institutional investors in the Irish property market.

The party said so-called “cuckoo funds” have given rise to entire housing developments being snapped up, locking out first-time buyers.

A review by the Department of Finance into the amount of tax paid by these investors is due to be completed …

Road freight tonnage increased by 1.4% in 2018

Road freight tonnage increased by 1.4% in 2018

A total of 149.2 million tonnes of goods was transported by road last year, new figures from the Central Statistics Office show, an increase of 1.4% on the 2017 total.

But the CSO said that activity measured as weight by distance was 11,445 tonne-kilometres in 2018, a decrease of 2.7% compared with 2017.

The total distance covered by road freight transport …

UK car industry warns next PM no-deal Brexit is not an option

UK car industry warns next PM no-deal Brexit is not an option

Britain’s car industry has warned the next prime minister against a “seismic” no-deal Brexit in October, which it said could add billions of pounds in tariffs and cause border disruption, crippling the sector.

Boris Johnson, the frontrunner to succeed Theresa May, and his leadership rival Jeremy Hunt, have said they are prepared to take Britain out of …

Report suggests new agri-food area for Ireland, UK

Report suggests new agri-food area for Ireland, UK

A new shared food safety and animal health area taking in the island of Ireland and the island of Great Britain as a whole should be created to prevent the Irish backstop taking effect, according to a report by a UK non-government body of MPs, academics, trade and customs experts.

The report suggests that such an arrangement would mean remove the need …

Consumers spent €1.7 billion online in March

Consumers spent €1.7 billion online in March

New figures from the Central Bank show that there are more payment cards than people in this country, with just over six million active credit or debit cards in circulation.

In the first three months of the year, Irish people spent just over €1.7 billion using those cards – that is equivalent to the Government’s health budget for the whole year.

Join industry leader groups to get inspired

Q: I run two successful cafes. I don’t have a lot of space in either and I am really challenged when parents arrive with buggies and young children. How can I handle this delicate issue?

A: This is indeed sensitive. You run the risk of not only alienating parents, but also their family and friends. When I ran Superquinn, we embraced parents with children in every possible way. In fact, …

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