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Sterling edges higher after Sunak announces new job support scheme

Sterling edged higher today after British finance minister Rishi Sunak announced a new job support scheme, but said the government won’t save every job.  Against the dollar, sterling was up ...
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Living with Covid requires long-term government support – Chambers Ireland

A new survey from Chambers Ireland shows that companies are still reporting a 32% decline in turnover despite the re-opening of most of the economy after the Covid-19 restrictions. The ...
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Economic outlook ‘less dire’ than forecast – IMF

The global economic outlook is less bleak than in June, an IMF spokesman has said, signaling that the organisation’s forecast will be raised when it is released next month. “The ...
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Third of employers no longer need all of their office space

More than a third of Irish businesses are looking to reduce their office space in the wake of the Covid pandemic. A survey of 325 executives by the Institute of Directors ...
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Sterling extends losses after new Covid-19 UK restrictions

Sterling extended its losses against the dollar and euro today, and is having its worst month in four years. This is due to new coronavirus lockdown measures, the looming risk ...
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Warning that some goods could double in price with Brexit

The Irish Road Haulage Association is warning trade will be “severely upset” because of Brexit and the price of some goods could double in price. President of the Irish Road Haulage ...
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Building sector sees sharp drop following mid-summer surge

Construction activity plunged again last month following an earlier post-lockdown increase, as the economic impact of the pandemic weighs on the sector. The Ulster Bank Construction Purchasing Managers’ Index (PMI) ...
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Ireland ‘not a winner’ as larger countries to gain more from digital tax

Proposals to tax the digital economy being brought to the G20 next month are more likely to favour large economies over small, open economies like Ireland, according to the OECD’s ...
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Living wage to remain unchanged at €12.30 for coming year

The Living Wage rate is to remain unchanged at €12.30 per hour for the coming year, following fresh calculations. The change to the rate is determined by the fluctuation of ...
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