Optimism among Chief Financial Officers (CFOs) in Ireland about the future state of the economy has declined dramatically according to a new report from Deloitte. The survey found just 19% of CFOs were feeling "more optimistic" about the financial prospects of their companies compared with 61% in Spring of this year.  The figure is down ..read more

The Centre for Applied Bioscience Research has successfully secured nearly €1m in research funding from Enterprise Ireland and industry. The centre is considered a leading Research Centre and Technology Gateway based in MTU, Tralee and TUS, Limerick. Partnering with Pestle & Mortar in Kildare, Wicklow-based Inis and VOYA established in Sligo, the Centre takes an ..read more

Merman Television Ltd, the London-based production group co-founded by Irish actress and screenwriter Sharon Horgan, reported a net operating profit of £388,000 last year after making progress on a number of key productions. Founded in 2007, Merman has produced Horgan's series Catastrophe and Divorce as well as programmes such as Aisling Bea's This Way Up ..read more

Irish households saved €6bn in Q3 of 2024 according to the latest data from the Central Statistics Office (CSO). Households saved 14.1% of their income in the third quarter of 2024, up from 12.9% in the second three months of the year. The saving rate has averaged around 14% since the middle of 2022 but rising ..read more

Energia has appointed Glen Bailey as their new Head of Commercial & Energy Services. Bailey has been with Energia for ten years, across various customer and digital transformation roles. Prior to joining Energia, which has 300,000 customers in Ireland, he worked in the telecoms and agri-food sectors. In his new role, Bailey will be responsible for ..read more

The amount of mortgages held by credit unions could triple under proposed changes being considered. The Central Bank has published a review of the lending rules governing credit unions which are now being put out to public consultation until February. If agreed the changes could see the amount credit unions lend in mortgages surge. The ..read more

The Central Bank of Ireland has appointed Mary-Elizabeth McMunn as Deputy Governor, Financial Regulation.  McMunn will take up her role on 1 January 2025. As Deputy Governor, Financial Regulation, McMunn will be a member of the Central Bank’s Executive Leadership Team, which has overall responsibility for delivery of the Central Bank’s strategy and its transformation ..read more

More than half of Irish workplaces, 55%, are downscaling their Christmas party this year. For many it seems it is far from the season to be jolly as 31% of Irish workplaces are planning smaller celebrations this year while just under a quarter, 24%, say they aren’t holding any festive celebrations at all. New research ..read more

Irish beauty brand Brushdoc has secured Selfridges both in-store and online as its first UK retail partner. Brushdoc was set up in November 2021 and went on to beat hundreds of rivals to win the ‘Arnotts Pitch’ competition in 2022. Over the last two years founders Ciara and Gary Malone, have seen their products stocked ..read more

The influence of generative artificial intelligence (AI) on cybersecurity will increase next year in response to greater use of the technologies by criminals for advanced cyber threats like deepfakes, phishing, data manipulation and malware. The 2025 Cybersecurity Outlook report from Tata Consultancy Services (TCS) projects that generative AI, cloud security and supply chain resilience will ..read more