Posts by splash
ECB’s cyber stress test will not affect capital requirements
The European Central Bank’s cyber resilience stress test in the coming months will not affect bank-specific capital requirements but instead form part of a broader supervisory assessment, the ECB said in a statement today. The long-planned stress test, which will involve 109 of the bloc’s biggest lenders, will assume a successful cyberattack that disrupts daily…
Read MoreNavigating Regulatory Changes: Staying Compliant in Your Industry
In an era where regulatory landscapes are continuously evolving, staying compliant is not just a legal necessity but also a strategic advantage for any business. This article delves into the intricacies of navigating regulatory changes and provides insights from on how businesses can remain compliant, agile, and ahead in their respective industries. Understanding the Importance…
Read MoreSlight dip in manufacturing activity in December
There was a slight deterioration in business conditions in the manufacturing sector in December, the latest AIB Purchasing Managers Index showed. The headline index – which is measured on a scale of 1 to 100 – fell to 48.9 in the month from the 50 breakeven point in November. The outcome – while signalling a…
Read MoreUp to €1,800 in refunds available to taxpayers
Taxpayers could be leaving up to €1,800 on the table by not availing of a range of yearly tax refunds, a consumer tax specialist has warned. Marian Ryan of taxback.com is reminding consumers that money is there to be claimed but the vast majority are missing out on the returns. Taxpayers – including PAYE workers…
Read MoreBuilding a Financial Safety Net: Tips for Business Resilience
In today’s fast-paced business world, resilience is not just a buzzword but a necessity. While entrepreneurs often focus on growth and profitability, at we know the importance of building a financial safety net cannot be overstated. This article explores practical strategies to ensure your business remains resilient in the face of financial uncertainties. Understanding the…
Read MoreOil prices jump 1.5% in first session of New Year
Oil prices jumped 1.5% in the first session of the New Year, due to potential supply disruptions in the Middle East after a naval clash in the Red Sea, and hopes of strong holiday demand and an economic stimulus in China, the top crude importer. Brent crude rose $1.20, or 1.5%, to $78.24 a barrel…
Read MoreCorporation tax rate increasing to 15% for some large firms
Hundreds of companies here will be liable to pay 15% corporation tax, as the biggest shake-up in the State’s corporate tax system in three decades is implemented. It follows the introduction of the new minimum effective rate of tax for big multinationals under the terms of an agreement struck by the Organisation for Economic Co-Operation…
Read MoreHouse price growth slowed in 2023 as supply dwindled
The rate of growth in prices being sought for properties listed on the market slowed in 2023, despite a significant drop in supply, according to the website, Daft.ie. Its latest analysis captured growth in listed prices of 3.4% in the year – almost half the 6% growth rate in 2022 and well below the increases…
Read More188,000 non-domestic water users may face higher bills next year
Up to 188,000 non-domestic customers of Uisce Éireann are facing higher bills for water and waste water treatment from October, if proposals from the regulator are adopted. The changes would see the annual bills of 172,837 or 91.6% non-domestic customers rise less than €250, while 8,100 or 4.3% would face annual bill increases of between…
Read MoreNAMA transfers another €350m to Exchequer
The National Asset Management Agency has today completed a €350m cash transfer to the Exchequer as it approaches its orderly wind down. Today’s transfer brings the total cash paid to the Exchequer from NAMA’s surplus to €3.85 billion. NAMA has also made corporation tax payments of more than €400m so far. NAMA was set up…
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