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Skills shortages – and the cost of recruiting skilled labour – is the most common concern among tradespeople, according to a new survey. It was cited by 29% of respondents to the Onlinetradesman.com survey – which included builders, plumbers, electricians and landscapers – as their biggest obstacle to their operations and growth. “The issue is…

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Wind generation in Ireland was the third highest on record for the month of October, according to new figures from Wind Energy Ireland. The latest figures show that wind energy provided 35% of Ireland’s electricity last month, while solar power and other renewables accounted for 4%. It means that Irish wind farms have generated nearly…

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The Irish construction industry is running at around three quarters of its capacity on average at present, despite the strong demand for new housing and infrastructure. That’s according to the latest Construction Market Overview from building services firm Turner & Townsend, covering the period from July to September. Overall 78% of respondents said the construction…

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Dublin has dropped from 13th to 17th position out of 30 European cities ranked for investment and development potential for 2025. London, Madrid and Paris took the top spots, according to a report by PwC and the Urban Land Institute. When it comes to investing in Ireland, interviewees referenced certain infrastructure deficits and the complexity…

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The Government has said it expects to meet a deadline today to transpose an EU directive on workers’ rights. Unions however have accused the State of not fully implementing the rules by failing to pass new legislation. The EU Directive on Adequate Minimum Wages seeks to reduce working poverty and inequality by improving statutory minimum…

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The value of the global cryptocurrency market has topped $3 trillion as the election of Donald Trump as US president spurred bets that friendlier US regulation could usher in a new boom for all corners of the asset class. The sum market value of cryptocurrencies touched a high of nearly $3.2 trillion early on November…

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Most Irish CEOs are optimistic about the economic and business outlook over the next 12 months, new data shows. The latest EY CEO Outlook surveyed 1,200 executives globally – including CEOs in Ireland. 60% of Irish CEOs surveyed said they are either very or somewhat optimistic about managing input costs and the overall cost of…

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The slow pace at which onshore wind energy infrastructure is being built in the Republic and Northern Ireland could result in the renewable energy targets set for 2030 being missed. Energy market consultancy Cornwall Insight estimates that at the current level of delivery the target could be missed by as much as three years. Its…

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Growing from a start-up to a scale-up is an exciting yet challenging journey, requiring a shift in financial strategy to support sustained expansion. Unlike start-ups, which are often focused on survival, scale-ups aim for stable growth, market presence, and increased profitability. This article from KAAS covers essential financial strategies to support this critical transition. 1.…

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Motorists will have to provide their driver number to their insurer when taking out a policy from next year. The new measure, which comes into effect on March 31st, will also require the driver numbers of named drivers to be provided. The development follows the signing of a commencement order by the Minister for Transport,…

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