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Some food and drink exports hit hard by Covid-19 pandemic

13th January 2021

Some sectors of Ireland’s valuable food and drink industry were severely affected last year as a result the global Covid-19 pandemic. The extent of the decline is highlighted in the annual Bord Bia Performance & Prospects 2020/2021 Report, which will be published today by Minister for Agriculture Charlie McConalogue. Food and drink exports overall declined by just […]

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Record €1.2 billion spent on groceries in December – Kantar

12th January 2021

New figures show that the average shopper spent €134 more on groceries in December last year than they did in December the previous year.   The latest figures from Kantar show that grocery sales in Ireland rose by 17% in the 12 weeks to December 27.  A record-breaking €1.2 billion was spent on groceries in […]

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Record €1.2 billion spent on groceries in December – Kantar

12th January 2021

New figures show that the average shopper spent €134 more on groceries in December last year than they did in December the previous year.   The latest figures from Kantar show that grocery sales in Ireland rose by 17% in the 12 weeks to December 27.  A record-breaking €1.2 billion was spent on groceries in […]

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People unable to work due to childcare may be eligible for PUP

12th January 2021

Workers unable to go to work due to a lack of childcare triggered by Covid-19 closures may be eligible to claim the Pandemic Unemployment Payment, according to the Department of Social Protection. In a tweet, the Department said: “Workers affected by lack of childcare should engage with their employer with a view to exploring all […]

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Banks to create payment app to rival Revolut and N26

12th January 2021

Four of the five main Irish retail banks have notified the competitor regulator of plans for an app based payment system that would enable consumers to move money between each other with ease. If developed, the system would allow bank customers to transfer funds in much the same way as users of fintech services like […]

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Strong rise in housing activity drives construction sector growth in December

11th January 2021

The construction industry finished 2020 in expansion mode on the back of strong levels of housebuilding, the latest Ulster Bank’s Construction Purchasing Managers Index shows. The Ulster Bank construction PMI posted a reading of 52.3 in December, down from 53.5 in November but above the 50 no-change mark for the second month in a row […]

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Strong rise in housing activity drives construction sector growth in December

11th January 2021

The construction industry finished 2020 in expansion mode on the back of strong levels of housebuilding, the latest Ulster Bank’s Construction Purchasing Managers Index shows. The Ulster Bank construction PMI posted a reading of 52.3 in December, down from 53.5 in November but above the 50 no-change mark for the second month in a row […]

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Consumer spending up 6% in December – Revolut

11th January 2021

New figures from Revolut shows that total consumer spending in December 2020 rose by 6% from December 2019, with many sectors seeing record levels of expenditure.  Digital banking app Revolut said its research showed that consumers returned to the shops in force for a Christmas shopping spree, with the December reopening of non-essential retailers seeing […]

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Consumer spending up 6% in December – Revolut

11th January 2021

New figures from Revolut shows that total consumer spending in December 2020 rose by 6% from December 2019, with many sectors seeing record levels of expenditure.  Digital banking app Revolut said its research showed that consumers returned to the shops in force for a Christmas shopping spree, with the December reopening of non-essential retailers seeing […]

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Brexit reality bites: The new dawn of trade friction

11th January 2021

This week, as Brexit took effect, a company in Cork that sells sports posters to Europe and around the world ceased all direct online sales to the UK. “There’s no point having the hassle,” said Wayne Mullins, a graphic designer who runs Kobe Designs. “I’ll just not send to the UK. I’ll keep selling to the […]

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