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Food and drink exports to UK down 35% since 2018 – CSO

28th April 2021

A new report from the Central Statistics Office finds evidence that Brexit has led to an overall decline in trade between Ireland and the UK in food and drink products and a decline in Irish trade overall. The report – entitled ‘Food and Agriculture: A Value Chain Analysis’ – compares exports of food and drink […]

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Adjustment of Covid reopening plan ‘now vital,’ says Ibec

27th April 2021

The chief executive of the employers’ group Ibec has written to the Government to outline what the organisation sees as the key priorities for the reopening of the economy. In the letter sent to the Taoiseach and other ministers, Danny McCoy said Ibec thinks the priorities strike the correct balance between the ongoing public health […]

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Most Irish food SMEs expect revenue growth this year

27th April 2021

Most small and medium sized businesses in the food sector expect their revenues to increase in the year ahead, according to new research by Love Irish Food and PwC. The 2021 Irish SME Food Barometer found that 75% of companies in the sector are optimistic about their growth prospects. The findings suggest that there is […]

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‘No abrupt end’ to Covid financial supports – McGrath

27th April 2021

The Minister for Public Expenditure and Reform has said there will be “no abrupt end” to the Covid financial supports. Over the coming weeks, Michael McGrath said the Government will finalise its approach for those supports beyond the end of June, when they are due to finish. The Minister said the Government will be very […]

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Business confidence jumps to higher levels than before pandemic – BoI

26th April 2021

Business confidence jumped in April to higher levels than seen even before the Covid-19 pandemic, as they eye the rollout of vaccines and some easing of restrictions, according to Bank of Ireland. The latest Bank of Ireland business pulse index rose by 14.3 points from March to 88.9 for the current month, according to a […]

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Retail and wholesale start-ups jump by 88% in Q1 – CRIFVision-Net

26th April 2021

The first quarter of 2021 saw a significant increase in “necessity-led entrepreneurship” across the retail and wholesale sectors, the latest figures from credit risk analyst CRIFVision-Net show. Today’s figures reveal an 88% year-on-year increase in retail trade and wholesale start-ups. CRIFVision-Net said this suggested that the continued Covid-19 public health restrictions and resulting job losses […]

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Health insurance uptake on the rise, but so are prices

26th April 2021

Like many economic predictions when it comes to the pandemic, forecasts around the health insurance market have turned out to be wide of the mark. Given the impact Covid-19 has had on employment and incomes, it was reasonable to assume that health insurance would be high on the list of products that households would look […]

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Consumer sentiment improves to 13-month high in April

23rd April 2021

Consumer sentiment climbed slightly to hit its highest in April since the onset of the Covid-19 pandemic, a survey showed today, but consumers expressed caution about the long-term economic outlook. The KBC Bank consumer sentiment index rose for a third month in a row to 77.9 in April from 77.1 in March. This was still […]

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ECB sticks with euro zone stimulus plans

23rd April 2021

The European Central Bank left policy unchanged as expected today, keeping copious stimulus flowing even as it saw reasons to expect a firm rebound of the euro area economy this year. The ECB is keeping borrowing costs pinned near record lows via massive bond purchases to see the 19-country currency bloc through a scarring recession […]

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ECB sticks with euro zone stimulus plans

23rd April 2021

The European Central Bank left policy unchanged as expected today, keeping copious stimulus flowing even as it saw reasons to expect a firm rebound of the euro area economy this year. The ECB is keeping borrowing costs pinned near record lows via massive bond purchases to see the 19-country currency bloc through a scarring recession […]

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