Archive for September 2023
McGrath wants public bodies to keep taking cash payments
The Minister for Finance has written to Government colleagues asking that public bodies under their remit maintain their existing payment methods in relation to accepting cash pending the completion of the National Payments Strategy. Michael McGrath also said he expects that all public bodies that currently accept or facilitate the acceptance of cash will continue…
Read MoreMarch ‘probably too early’ to expect interest rates to fall – Makhlouf
The Governor of the Central Bank has said his view is that March is probably too early a time to expect interest rates in the eurozone to start falling again. Gabriel Makhlouf also said he would like to see a much faster pass through of European Central Bank interest rate changes to the real economy.…
Read MoreUnlikely energy prices will return to 2020 levels over coming months – CRU
It is unlikely that households will see energy prices return to the previous low levels seen in 2020 and 2021 over the coming months, a new report from the energy regulator has found. But the research from the Commission for the Regulation of Utilities (CRU) does predict that gas and electricity customers should see some…
Read MoreSustainable Practices: Building a Greener Future for Your Business
In an era marked by environmental consciousness and global sustainability efforts, KAAS know that businesses are facing increasing pressure to adopt eco-friendly practices. Embracing sustainability isn’t just a moral obligation; it’s also a strategic decision that can significantly impact the success and longevity of your enterprise. In this article, KAAS will explore the importance of…
Read MoreFirst Home Scheme extended to self-builders building first home
The Government has extended the First Home Scheme to self-builders who are building their first home. The scheme, which was launched just over a year ago, works by providing homebuyers with part of the purchase price in return for a minority equity stake in the home. It is already open to people buying newly-built houses…
Read MoreEuro zone August inflation revised slightly lower
Euro zone consumer inflation in August was slightly lower than initially estimated, the European Union’s statistics office Eurostat said today. But it still remained more than twice the European Central Bank’s target of 2%. Eurostat said inflation in the 20 countries sharing the euro was 0.5% month-on-month in August and 5.2% year-on-year, lower than the…
Read MoreSpending on homewares up 18% in August, but pub spend dips 1% – AIB
Summer spending recovered slightly last month despite the continuing bad weather, a new survey shows today. The AIB August Spend Trend report reveals that overall spending rose by 1% in August compared to the previous month. The bank its report suggests that due to the bad weather many people decided to stay home with spending…
Read MoreStrategic Innovation: Staying Ahead in a Competitive Market
KAAS understand that in today’s rapidly evolving business landscape, the ability to innovate strategically has become the cornerstone of success. Businesses that thrive are those that not only adapt to change but actively embrace it, seeking opportunities for growth and improvement. This article from KAAS delves into the concept of strategic innovation and its vital…
Read MoreAnnual house price growth cools to 1.5% in July – CSO
New figures from the Central Statistics Office show that residential property prices rose by 1.5% in the 12 months to July. This marked the slowest annual rate of growth in almost three years and compared to a growth rate of 13.1% the same time last year. Prices in Dublin decreased by 1.4% and prices outside…
Read MoreEconomic growth expected to slow as multinational exports weaken – Central Bank
The Central Bank has lowered its forecasts for growth in the economy based on weaker exports from multinationals in Ireland, but has left its outlook for inflation broadly unchanged. In its Quarterly Bulletin, published today, the bank also said the Government’s spending plans for the upcoming Budget risk adding to inflation. The bank forecasts that…
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