News | Latest Breaking News Stories & Headlines

Ibec says continued uncertainty about when the economy will fully re-open will trigger redundancy conversations in many firms

Ibec and CIF warn of redundancies due to Covid hit

Employers group Ibec has said that continued uncertainty about when the economy will fully re-open will trigger redundancy conversations in many companies.

Business • 23 Feb 21

Ibec surveyed almost 400 CEOs about their prospects and priorities for the year ahead as organisations continue to grapple with a changed working landscape in the era of Covid-19

Global downturn the biggest challenge for CEOs - Ibec

Just over a quarter of chief executives surveyed by Ibec said they had experienced an increase in employee absenteeism throughout the Covid pandemic.

Business • 18 Jan 21

Recent research by Ibec found that 59% of employers are looking at longer term investment in remote working

Business 'stands ready' to support vaccine rollout

It was "very challenging" for a lot of employers to hear Tánaiste Leo Varadkar say businesses need to prepare for the possibility that they may not reopen until the end of March, according to Maeve McElwee, Director of Employer Relations with Ibec.

Business • 07 Jan 21

Retail Excellence fears many shops may never open again

Latest Covid restrictions 'a hammer blow' to retailers

The director of Retail Ireland has said the decision to shut non-essential retail was really disappointing, while Retail Excellence has expressed "shock and dismay" at the Government's decision.

Business • 30 Dec 20

Irish meat processing companies export almost €4 billion of Irish meat to customers in the UK, Europe and around the world each year

Meat Industry Ireland welcomes €100m support scheme

Meat Industry Ireland, the Ibec sector association representing the meat processing industry, has welcomed the announcement by Government of a €100m capital investment programme for primary food processing.

Business • 29 Dec 20

Ibec expects Gross Domestic Product to power back and grow by 5.3% in 2021

Ibec forecasts economic growth of 0.8% for 2020

The resilience of the Irish economy will mean it will grow by 0.8% this year, the country's largest business group has forecast in its latest Quarterly Economic Outlook.

Business • 15 Dec 20

Non-essential retailers may be allowed to re-open on December 1 (Pic:RollingNews.ie)

ISME calls for 'more aggressive approach to testing'

Neil McDonnell, the chief executive of ISME, today has welcomed the expected news that non-essential business can re-open on December 1.

Business • 27 Nov 20

As it stands, there is no legally defined 'right to disconnect' in Ireland

Switching off: Do workers have a 'right to disconnect'?

The line between work and home life has blurred for many over the past few months.

Business • 26 Nov 20

With the dancefloor out of bounds, the 2020 office Christmas party will most likely take place online.

Party on, online: Will work Christmas parties survive?

Just last week NPHET warned that large office Christmas parties are not safe and should not go ahead this year due to the pandemic.

Business • 23 Nov 20

Ibec has sent a letter to the Taoiseach, Tánaiste and a number of senior ministers and officials outlining its concerns for the retail sector

Calls for early exit from Level 5 for some sectors

The chief executive of employers' group Ibec has told the Government that there is serious and urgent concern in the business community around the current phase of Covid related restrictions.

Business • 18 Nov 20

Ibec says that remote working will trigger long-term changes in almost a third of organisations surveyed

Brexit and Covid-19 major challenges for 2021 - Ibec

Over two thirds of businesses believe economic unpredictability triggered by Covid-19 and Brexit will be a major challenge in 2021 with varying impacts depending on the sector concerned, according to the latest survey by the employer body Ibec.

Business • 22 Oct 20

Nick Clegg said that data was no longer just an issue for technology companies, but vital to businesses in every sector

Clarity needed on EU-US data transfers - Facebook

Companies need clarity on what they can do with EU-US data transfers in light of the European Court of Justice's decision to strike down previous arrangements, Facebook's head of global affairs has said.

Business • 21 Oct 20

Ibec said the 'experience economy' underpins both the economic and social fabric of the country

Restaurants facing revenue drop of up to 60%

Restaurants are predicting a 41% drop in revenue in the crucial last quarter of the year, according to a survey of the hospitality sector by consultancy firm Crowe.

budget 2021 • 08 Oct 20

The food and drink industry here remains very reliant on the UK market and is the sector most exposed to Brexit

'Exceptional' policy responses needed for Brexit impact

Food Drink Ireland, the Ibec group which represents the food and drink sector, has called for exceptional targeted policy responses to offset the impacts of Brexit in next week's Budget.

Budget 2021 • 07 Oct 20

Ibec warned that redundancy applications were six times higher in August than in the same month last year

Employers call for wage subsidy scheme to be expanded

The employers' group Ibec has called on the Government to expand the employment wage subsidy scheme to include companies threatened by a no-trade deal Brexit.

Brexit • 05 Oct 20

Restaurant owners said that since the end of June the sector has implemented all the guidelines and regulations required to protect staff and customers from the virus

Businesses concerned at move to Level 3 restrictions

Businesses in the tourism and hospitality sectors have reacted with concern to the news that the country is to move to Level 3 Covid-19 restrictions.

Business • 05 Oct 20

Margrethe Vestager said companies worked hard to turn a profit and they paid taxes on that - but this should apply to all firms rather than most

All firms must pay fair share of tax - Vestager

The European Commissioner responsible for competition has said it is very important to make sure all businesses pay their fair share of tax, so the public purse and European citizens are not deprived of much needed funds for investment.

Business • 02 Oct 20

Ibec has called on the Government to maintain supports for business and increase its longer-term investments

New Ibec president calls for speedy Brexit deal

The incoming president of employers' group Ibec, Alastair Blair, has called for a speedy outcome on post-Brexit trade deal talks so business can prepare "for what's ahead."

Business • 24 Sep 20

The Restaurants Association of Ireland said over 50,000 jobs will be lost across the hospitality sector this weekend as a result

Business groups angry over Dublin Covid-19 restrictions

Business groups have reacted with disappointment and anger to the announcement that further restrictions are to be implemented in Dublin for the next three weeks to stop the spread of Covid-19.

Business • 18 Sep 20

Ibec says the bike to work scheme tops the list of wellbeing initiatives from companies

Gap between workplace wellbeing ambition and action

A new report from employers group Ibec shows that 61% of organisations confirm there is support at senior leadership level for workplace wellbeing.

Business • 17 Sep 20

Ibec says the economy 'is not yet ready to carry itself' and will need ongoing support

Ibec calls for €6bn support for businesses in Budget

Employers' group Ibec has called on the Government to provide an additional €6bn in supports for businesses in the upcoming Budget.

Budget 2021 • 25 Sep 20

Business leaders predict 'skeleton' and 'skinny' Brexit deal will be reached

Ibec believes 'skeleton' Brexit deal will be reached

The chief executive of employers group Ibec has said he thinks there will be a skeleton trade deal agreed between the UK and EU.

Business • 10 Sep 20

Ibec says the economy needs a reboot to deal with the fallout of Covid-19

Ibec wants direct cash injection for Covid-hit firms

Ibec wants to see a direct cash injection for businesses in next week's July stimulus package.

Business • 17 Jul 20

Apple decision 'vindicates Irish taxation rules'

Chartered Accountants Ireland said today's decision by the General Court of the European Union in the Apple case recognises "commercial realities and principles of fairness over legal technicalities".

Business • 15 Jul 20

The business groups called for clarity around additional supports, the July economic stimulus package and Brexit preparation

Businesses welcome Government certainty but urge action

The decision by members of Fine Gael, Fianna Fáil and the Green Party to back the Programme for Government negotiated by their party leaders has been warmly welcomed by business groups.

Business • 26 Jun 20