'Quiet redundancies’ to scale back workforce
There is growing concern in the states of the European Union (EU) about the economy with companies being cautious in plans of recruitment and staffing levels. In Ireland – part of the EU –...
US slaps new tariffs on phones and electronics
While the tariffs imposed by US president Donald Trump remain in abeyance for 90-days, US commerce secretary, Howard Lutnick, said last week that smartphones, computers and some other electronics,...
Ireland’s deputy PM confident US is more open to negotiate
After the US president Donald Trump’s latest announcement of the pause on tariffs, Ireland’s deputy prime minister Simon Harris said his meeting with US commerce secretary Howard Lutnick...
Downward trend in insolvencies continues into 2025
Companies in Ireland – in the European Union – are proving resilient with insolvencies falling in the first quarter of the year, continuing a downward trend from last year, according to the latest...
Key Trump official defiant despite stock market turmoil
US Treasury secretary Scott Bessent was defiant this week in the face of global financial markets selling off sharply in response to new US tariffs, arguing the new duties were necessary and rejecting...
Euro-area inflation eases but trade woe remains
Euro-area inflation has eased further towards the European Central Bank (ECB) target of 2 per cent – which also happens to be the target of the Bank of England (BoE) for the UK – as officials...
Opinion- More firms want staff to return to working in office
The debate over which is “better” between remote, hybrid or full-time return to working from office seems endless. It appears that most companies are against full-time working from home. Almost 90...
Irish executives in US to advise on tariff threat
To get insights on how best to deal with the problems in the trading environment in the coming period, Ireland has appointed business leaders in the United States to join an advisory panel to sit...
Firms push into Middle East with branch offices
Planning international expansion, several firms recently opened offices in the Middle East. Among the latest ones is Canaccord Wealth, a subsidiary of Canadian Bank Canaccord Genuity, which opened an...
London closes in on New York as top financial hub
London has edged closer to becoming the world’s top financial centre, fresh research shows, but concerns have been raised over the City’s future competitiveness. The 37th edition of Z/Yen...
Could Trump’s DEI agenda follow into the UK?
Donald Trump’s first act as the president of United States was to sign an executive order on January 20 to end “radical and wasteful” DEI – Diversity, Equity and Inclusion – programmes in...
London Stock Exchange sees market bouncing back
The chief executive of the London Stock Exchange (LSE) said most firms that switch their listings from the UK to US struggle to boost their share price. With London grappling with a number of firms...
UK labour market is struggling since the Budget
There has been increasing concern with regard to the UK labour market since the October Budget. The government increased national insurance as well as the minimum wage, both of which will cause a...
With new US tariffs trade war will be inevitable
US commerce secretary-nominee Howard Lutnick has hinted that some of the tariffs being imposed by Donald Trump — the ones aimed at Mexico and Canada, to mention two, — are short-term tactics that...
UK equity fund outflows close to £100 bn since Brexit
Since leaving the European Union, investors have pulled almost £100 bn from UK equity funds, raising questions over London’s lacklustre IPO market and the city’s position as Europe’s leading...
City women demand tough harassment and bullying rules
The Financial Conduct Authority’s impending rule changes must not loosen its crackdown on harassment and bullying, senior women in the financial district of London (known as the ‘City’) have...
Opinion- More mergers & acquisitions predicted for 2025.
Consolidation is expected to ramp up in the UK wealth sector in 2025, as companies continue to battle rising staff costs and technology expenses, according to bosses and experts.It was a busy year for...
FCA urged to push diversity pay gap reporting
The UK’s financial regulator has been urged to provide guidance for firms in the financial district of London (known as ‘the City’) on reporting ethnicity pay gap data, as concerns mount that...
New warnings on tax hikes for UK Chancellor
Chancellor Rachel Reeves faced a fresh economic growth dilemma after being hit by the second worst borrowing figures in more than three decades. The Treasury was blindsided by monthly government...
Tax hikes send business confidence to two year low
Business confidence among firms in the UK in the services sector, fell to its lowest level in nearly two years following the October Budget, a new survey shows. S&P’s purchasing managers’ index...