Archive for July 2023
Euro zone retail sales flat in May, still down year-on-year
Retail sales volumes in the 20 nations sharing the euro currency were unchanged from April and were 2.9% lower year-on-year. That compared with average forecasts in a Reuters poll of economists of a 0.2% monthly rise and a 2.7% decline from a year earlier. Consumption has been sluggish as real incomes fall and households are…
Read MoreIFAC: Govt to boost core spending by more than stated in Summer Economic Statement
The Irish Fiscal Advisory Council has calculated that the Government plans to increase core spending next year by €5.5 billion, some €250 million more than set out in the Summer Economic Statement published yesterday. In a series of tweets, the Council said this would see spending rise by 6.4% and not the 6.1% in the…
Read More1 in 3 struggling to survive financially – CCPC report
One in three people in Ireland say they are just about getting by financially, a new report conducted on behalf of the Competition and Consumer Protection Commission (CCPC) suggests. More than 1,500 people were surveyed for the study, which is the first in a series of reports on financial wellbeing in Ireland. The study and…
Read More1 in 3 struggling to survive financially – CCPC report
One in three people in Ireland say they are just about getting by financially, a new report conducted on behalf of the Competition and Consumer Protection Commission (CCPC) suggests. More than 1,500 people were surveyed for the study, which is the first in a series of reports on financial wellbeing in Ireland. The study and…
Read More2022 sees biggest fall in Government debt since 2014 – NTMA
Ireland’s General Government debt fell by €11 billion to €225 billion in 2022 and has the potential to fall below €200 billion by 2030, according to the National Treasury Management Agency (NTMA). The NTMA has published its 2023 mid-year business update which shows that the fall in Government debt in 2022 was the first since…
Read More1 in 3 struggling to survive financially – CCPC report
One in three people in Ireland say they are just about getting by financially, a new report conducted on behalf of the Competition and Consumer Protection Commission (CCPC) suggests. More than 1,500 people were surveyed for the study, which is the first in a series of reports on financial wellbeing in Ireland. The study and…
Read MoreEuro zone business activity contracts in June – PMI
Euro zone business activity slipped into contractionary territory last month in a broad-based downturn across the bloc’s dominant services industry and a deepening decline of factory output, a survey showed. HCOB’s final Composite Purchasing Managers’ Index (PMI), compiled by S&P Global and seen as a good gauge of overall economic health, slumped to 49.9 in…
Read MoreThe Role of Innovation in Small Business Growth and Sustainability
know that innovation has always been a driving force behind economic growth and success. Small businesses, in particular, play a crucial role in driving innovation and contributing to the overall economic development of a country. understand that as competition intensifies and market dynamics evolve, small businesses must embrace innovation to ensure their growth and…
Read MoreThe Importance of Building an Online Presence for Small Businesses
Kildare Audit & Accountancy Services understand that in today’s digital age, establishing a strong online presence has become a vital aspect of success for small businesses. The internet has revolutionised the way consumers discover, research, and engage with brands. Having a robust online presence allows small businesses to reach a wider audience, build credibility, and…
Read MoreTop 5 Challenges Faced by Business Owners and How to Overcome Them
Kildare Audit & Accountancy Services understand that running a business is an exciting endeavor, but it comes with its fair share of challenges. As a business owner, you must be prepared to navigate various obstacles that can hinder your growth and success. By identifying these challenges and implementing effective strategies to overcome them, you can…
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