Last year, when collected by local authorities, the tax brought in €470 million for the exchequer.

Budgetary oversight committee calls for central rate set by State

Hozier performing at Electric Picnic last month. Photograph: Dave Meehan/The Irish Times

Irish arm of music giant sees sales rise almost 10% to €16.5m

Seán Quinn (right)  with Kevin Lunney in 1999. Photograph: Eric Luke

Attack on Quinn Group executive the latest in a spate of ‘serious criminal attacks’

Keywords Studios chief executive Andrew Day. Photograph: Dara Mac Donaill/The Irish Times

Service provider says revenues rose almost 40% to €153.2m in first half

Forty per cent of those surveyed felt they were likely to save more as a result of Brexit concern. Photograph: iStock

Bank says saving sentiment improved in the month with favourable economic conditions

Fáilte Ireland boss Paul Kelly estimates a no-deal Brexit could  result in the loss of up to 10,000 tourism jobs

Despite stalling growth, Fáilte Ireland chief believes more accommodation required in Dublin

Irish mortgage holders can expect to pay €454,000 back on a €300,000 mortgage while those in the euro area can expect to pay back €374,000.

New figures from Central Bank indicate average new mortgage rate fell to 2.98% in July

The global clampdown on multinational tax avoidance has precipitated a massive transfer of assets to Ireland which is expected to continue well into next year.

State’s economy grew three times faster than euro-zone average in second quarter

Emerald Contact Centre will employ 340 staff in Waterford by 2021.

Emerald Contract Centre will increase its headcount to 340 by 2021

The NTMA said that for the latest loans it had received bids amounting to €1.96 billion – almost twice the target amount.

NTMA received bids of €1.96 billion

Michael Stanley: ‘Given market demand for our product and delivery pipeline, we look forward to the full year with confidence.’ Photograph: Cyril Byrne

Company to return €45m to investors via first dividend and a share buyback scheme

In March, Greencoat increased its share of the Cloosh Valley wind farm in Co Galway to 25 per cent, investing €72 million. Photograph: iStock

Renewables company generated €27.1m in first six months, with pretax profit of €13.7m

Barryroe Well. Photograph: Finbarr O’Rourke

Oil and gas explorer has conditionally raised funds through a share placing

Photograph: iStock

Goods are more than 70 years old so no impact on environment, dealers argue

In the three months to the end of June, there were 2.95 million trips to the State by non-residents. Photograph: iStock

Inbound traveller numbers rise just 2.4% in second quarter

Iceland now has 26 outlets spread across the country in locations such as Donegal, Cork, Dublin and Galway. Photograph: Niall Carson/PA Wire

Frozen foods retailer improved sales by 17% in Republic, but has racked up €7.1m losses

Strong Roots founder and chief executive Samuel Dennigan.

Group has recently expanded into 3,000 US stores

State is to facilitate duty free purchases for passengers travelling from Ireland to UK ports and airports.

Ireland will reciprocate British decision to allow excise-free shopping

CPL Resources chief executive Anne Heraty says there is a strong demand in the technology sector. Photograph: Kieran Harnett

Recruiter enjoys strong 12-month period as labour market remains buoyant

British prime minister Boris Johnson said on Tuesday that a no-deal exit would be a ‘failure of statecraft’. Photograph: Aidan Crawley/Bloomberg

Fears over no-deal Brexit have heightened concerns over jobs losses in Irish economy

Baker Tilly managing partner Neil Hughes says the company is in discussions to widen its geographical reach to locations such as Galway and Cork

Clients and partners from Barr Pomeroy will join the professional services firm

Eatyard at the Bernard Shaw pub in Dublin. Photograph: Dave Meehan

All on-site facilities including Eatyard and arts spaces to shut

More than €6.6 billion of these 10-year bonds have already been issued and they carry a coupon  of 1.1 per cent. Photograph: iStock

Bonds expected to carry negative interest rate

Glenveagh Properties chief executive Stephen Garvey. Photograph: Fennell Photography

Stephen Garvey acquires 200,000 shares in the housebuilder

Staff put the finishing touches on a rebranded sign at the Chadwicks Group offices. Photograph: Conor McCabe Photography

Move sees the end of the Heiton Buckley builders merchant brand in Ireland

DAA chairman Basil Geoghegan, who is taking up a non-executive role with AIB.

HR specialist Elaine MacLean also named as non-executive director

Pat McCann is the chief executive of Dalata, the State’s largest hotel group. Photograph: Maxwell Photography

New non-executive director spends €44,520 on purchase

An aerial view of Galway city. Photograph: iStock

Level of available stock in Limerick actually rose in first half of year

Photograph: iStock

City performs well in right to protest and environmental action categories

DBRS says a severe hard Brexit could lead to the break-up of the UK. Photograph: Getty Images

DBRS suggests prolonged period of disruption could lead to UK break-up

Underpinning the slower rise in business activity was a weakening of overall new order growth in August which was the slowest rate since April. Photograph: iStock

Brexit fears feed into hiring but economy still outperforming US and euro zone

Photograph: Alan Betson/The Irish Times

Telco posted earnings of €578m after successful cost-cutting programme

Ryanair operated 81,000 scheduled flights in August. Photograph: Niall Carson/PA Wire

Airline carried 149.2 million people in 12 months to end of August

Greencore chief executive Patrick Coveney. Photograph: Dara Mac Donaill/The Irish Times

Freshtime generated revenues of £66m last year

Dalata controls the Clayton and Maldron brands.

Group controls Maldron and Clayton brands, and has acquired a London site for £32m

Staff who worked at Apple’s Cork facility through two contracting companies were let go when the tech giant suspended the Siri grading programme. Photograph: Justin Lane/EPA

Cork-based workers let go amid data privacy concerns will be considered when project restarts

The Iseq all-share index rose by half a per cent on Monday with low volumes seen across stocks. Photograph: Dara Mac Dónaill

Markets close: Iseq rises on thin volume while US markets are closed

The industry is reporting alarming increases in redundancies and projected redundancies since our survey was last conducted in February,” said John Armstrong, managing director of the Construction Employers Federation.

Under a third of businesses operating at full capacity, survey of industry players finds

‘Overall, we have registered a decrease in new live and potential campaigns compared to the first half of 2018,’ said William Mace, assistant editor at ActivistMonitor

Worsening global economy likely cause of decreased activism, report finds

Demonstrators block a road in London during a protest against the proroguing of the UK parliament. Photograph: Luke MacGregor/Bloomberg

Nearly two-thirds expecting negative impact from Britain leaving the EU

Lakeland Dairies facility, Co Monaghan. The group said on Friday 68 of the 130 jobs in the  facility will go, while some staff will be redeployed within the group

Other staff will be redeployed as the group seeks to reduce operating costs

Glenveagh Properties chairman John Mulcahy  paid €0.615 per share for 200,000 shares in a transaction which completed on Thursday. Photograph: Gareth Chaney/Collins

John Mulcahy bought 200,000 shares for €0.615 each

Recently filed accounts show Monsoon Accessorize Ireland Limited recorded a €136,570 loss for the year ended August 25th, 2018.

Womenswear retailer sees sales fall as troubled UK parent restructures

A public service obligation (PSO) flight at Donegal Airport. Photograph: Bryan O’Brien/The Irish Times

Between 2015 and 2018, four regional airports received State funding of €23.8m

Grafton chief executive Gavin Slark said the company was pleased with its progress in the face of UK uncertainty. Photograph: Nick Bradshaw

Increase in housing helps DIY stores report double-digit growth in operating profit

The Vandal Cafe and Restaurant at Iconic Offices’  Masonry development in Dublin 8

Flexible workspace provider diversifying revenue stream at Liberties development

Photograph: iStock

Hashtag Hotels had leased student accommodation to re-let as holiday rentals

In the United States a rise in technology stocks lifted Wall Street.  Photograph: EPA

Markets report: London’s main index advances, with exporter stocks gaining

The volume of retail sales fell 4.4 per cent in July compared to the same month last year and 4.3 per cent compared to June, according to data from the Central Statistics Office.

Volume of sales fell 4.4% with large hit taken in motor sector

Jacob  first established a presence in Ireland in 1974 when it opened its first operation outside of the US. Photograph: iStock

US company already employs more than 1,100 staff here

In February, KBC revealed it had identified a total of 3,737 cases where customers were caught up in the tracker mortgage scandal.

Bank tells watchdog it won’t challenge complaints outside six-year limit

Parts of the economy with a substantial volume of multinational companies saw growth of 13.9 per cent. Photograph: iStock

Growth of almost 4% in economy when activities of multinationals is excluded

The largest transaction in the second quarter was Lone Star’s acquisition of about 47.7 hectares of land in Cherrywood for a price reported to be in the region of €127 million. Photograph: Cyril Byrne

The increase suggests total turnover could reach €1bn this year – Cushman & Wakefield

On an annual basis factory gate prices are down 5.9%. Photograph: iStock

Price increases for fish, while meat prices dip, according to CSO data

The property price survey showed that while 38 per cent of surveyors expect price falls in the coming 12 months, a third still expect prices to rise in the capital. Photograph: Aidan Crawley/Bloomberg

Central Bank survey shows that prices nationally expected to rise 5% over coming three years

The national commercial vacancy rate rose to 13.3 per cent in the second quarter of this year with the total commercial stock at 212,485 units. Photograph: iStock

More than 28,000 units empty by the end of June this year, report finds

The Iseq all-share index advanced 1.79 per cent on the day with advances for companies including Kingspan and CRH. Photograph: Dara Mac Dónaill

Iseq climbs 1.79 per cent on Kingspan and CRH share price rises

Some 26 per cent of women said they couldn’t afford a holiday this year compared to 19 per cent of men. Photograph: iStock

Spending on holidays grew twice as fast as overall increase in consumer spending

The Benson Building at 76 Sir John Rogerson’s Quay will contain 14 one-bedroom apartments, 43 two-bedroom homes and 15 three-bedroom units.

Benson Building was put up for sale in August last year

Showergem’s   Seán McGarry presenting his product on the BBC programme Dragons’ Den.

Showergem has grown sales substantially since appearing on Dragons’ Den in March

Flutter Entertainment owns brands including Paddy Power and Betfair. Photograph: Paddy Power Betfair/PA Wire

Broker suggests increased costs for online business will pull back earnings in 2020 and 2021

Michael Carvill, Kenmare Resources

Mining company declares maiden dividend

David Walsh, co-founder and chief executive of Netwatch. Photograph: Brenda Fitzsimons

Walsh looks to replace himself with US-based CEO as firm eyes opportunities stateside

Top three earners: CRH’s Albert Manifold (€8.23m), Ryanair’s Michael O’Leary (€3.373m) and Smurfit Kappa’s Tony Smurfit (€3.372m)

CEOs have secured collective pay rise of 13% while employee salaries rise just 1.5%

Wardian London near Canary Wharf is believed to have a construction cost of about  €619 million. Photograph: Jason Hawkes

Residents will begin moving in to some of the 766 apartments next year

Ibec is forecasting growth in consumer spending will fall to 2.5%  this year. Photograph: Frank Miller

Business lobby group says growth could halve next year if UK crashes out of EU

Paul Mallee, co-founder of Maison Privee: ‘I think the opportunities are significant [in Dubai]. The ecosystem here for startups is really coming along in leaps and bounds.’

Wild Geese: Paul Mallee is at the helm of a $300m virtual hotel brand in the United Arab Emirates

A PSO flight operated by Stobart Air parked in Donegal Airport. Photograph: Bryan O’Brien

Spending review of regional airports shows Waterford to be most expensive per passenger

Irish-based Ryanair pilots have voted to strike over two days later this month

Norwegian Air said on Tuesday that it was ceasing its transatlantic services from Ireland. Photograph: iStock

With demand at unprecedented levels, prices could rise for those flying to North America

Alan Walsh, chief executive of IPL Plastics. Formerly known as One51, the company  provides packaging solutions primarily in the food, consumer, agricultural, logistics and environmental end markets. Photograph: Dave Meehan

Revenue dipped at the Canada-listed company by 5% in the six month period

The London-headquartered company could look to offload up to 50 per cent of Green Reit’s property portfolio once it secures ownership. Photograph: Cyril Byrne/The Irish Times

Shareholders will receive almost 25% premium to price before sales process was announced

Norwegian Air said the route closures took into account the grounding of the Boeing 737 Max aircraft. Photograph: Artur Widak/NurPhoto via Getty

Flights to New York, Boston and Toronto will cease on September 15th

The Clare People started selling in June 2005. Photograph: iStock

Regional title, which employs 13 people, blames falling circulation and ad revenues

Lulu O’Sullivan of Gifts Direct/The Irish Store: “I often see early-stage entrepreneurs doing everything but getting the sales in.”

EY Entrepreneur of the Year finalist Lulu O’Sullivan of Gifts Direct/The Irish Store

Andrew Day of Keywords Studios: “Allow your business to fail and move on rather than clinging to a sinking ship.”

EY Entrepreneur of the Year finalist Andrew Day of Keywords Studios

Scrapinghub co-founder Shane Evans: “The best advice I received was to set ambitious goals.”

EY Entrepreneur of the Year finalist Shane Evans of Scrapinghub

Mac-Group founder Paul McKenna: “An idea is not a business.”

EY Entrepreneur of the Year finalist Paul McKenna of Mac-Group

Kevin and Fergal (right) Quinn: ‘When you’re a small business in Sligo, you literally have to roll with the punches,’ says Fergal.

Fergal Quinn of Acushla, a hospitality group in Sligo

Ashley McCulla plans to move, in the coming years,  to 100 per cent sustainable, bio-methane, gas-powered trucks in an effort to practically wipe out its carbon footprint

EY Entrepreneur of the Year finalist Ashley McCulla of McCulla Ireland Ltd

Mark Whitaker of Johnson & Perrott

EY Entrepreneur of the Year finalist Mark Whitaker of Johnson & Perrott

Laurence O’Kane of IMED Healthcare

EY Entrepreneur of the Year finalist Laurence O’Kane of IMED Healthcare

Matt Ryan of Press Up Entertainment

EY Entrepreneur of the Year finalist Matt Ryan of Press Up Entertainment

Karelian Diamond Resources chairman Richard Conroy. Photograph: Cyril Byrne/The Irish Times

Richard Conroy to remain on board of gold and diamond explorer following egm vote

An impression of Salesforce Tower located beside  the Central Bank’s Docklands headquarters in Dublin.

Current guidelines allow two more floors for Salesforce Tower, developer to argue

An impression of the Dublin Landings development on North Wall Quay.

Claire Solon will join the US real estate giant to oversee €600m of property assets

New York-listed Ardagh reported on Thursday that it generated revenue of $2.26 billion in the second quarter.

‘I plan to stay with the business but . . . no one goes on forever,’ says chief executive

Avolon chief executive Dómhnal Slattery. Photograph: Jason Clarke

Aircraft lessor has $6.4 bn in available liquidity

While Brexit is seen as denting construction growth in the UK, Breedon sees ‘particularly strong growth’ in the Republic both this year and next. Photograph: iStock

UK construction materials company acquired Lagan for £455m last year

The launch of the Samsung Galaxy Fold smartphone in February. Photograph: Eric Risberg/AP

Q&A: Even the most cynical among us would have winced when the $2,000 price tag was revealed

Kevin Lagan with  sons Peter (middle) and John

Business will provide synergies with Lagan’s FastHouse rapid build operation

In July, August and September 2018, more than 243,000 passengers flew from Dublin to Heathrow. Photograph: Toby Melville/Reuters

Strike at Heathrow and Ryanair could inflict further pain on Irish travellers

The Dublin Landings development on North Wall Quay

US property giant Greystar buying 268 apartments and 210 car parking spaces

Boris Johnson was elected as Conservative party leader on Tuesday. Photograph: Toby Melville/Reuters

Business leaders congratulate Tory leader but call for clarity in his first 100 days

Heuston South Quarter in Dublin. The development includes six buildings with office, residential and retail accommodation

Land includes 3.63 acre development site with zoning

Photograph: iStock

Capital placed 10th in report looking at European cities

Current gross production at the Abu Sennan concession stands at more than 5,100 barrels of oil equivalent per day. Photograph: iStock

United Oil and Gas has received the support of oil major BP for the deal

A pilot programme is being run in four counties before the service is rolled out nationally

New Courts Service system to be rolled out nationally by first half of next year

John Mullins: ‘Governments  can either support renewables and make the required changes or continue to resist’

EY Entrepreneur of the Year finalist John Mullins of Amarenco Solar

Triona Mullane of mAdme Technologies.

EY Entrepreneur of the Year finalist Triona Mullane of mAdme Technologies

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