Fórsa says improving pay ‘must be our priority’

The General Secretary of Fórsa, the country’s largest public sector trade union, has said that improving pay must be his union’s priority. In an address to delegates at Fórsa’s national conference in Killarney, Co Kerry, Kevin Callinan said that runaway inflation was leading to a cost of living crisis. “Our job is to do what …

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Amid hiring surge, 79% of businesses struggling to fill vacancies

A new report has revealed record levels of hiring by Irish businesses but also shows that many are struggling to fill vacancies. According to the latest ManpowerGroup Employment Outlook Survey, employers of all sizes plan to expand headcount significantly. The study shows that Ireland has recorded the highest net employment outlook in Europe, closely followed …

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Aer Lingus owner IAG orders 50 new Boeing planes

Aer Lingus and British Airways owner IAG is to order 50 Boeing 737 MAX jets for delivery between 2023 and 2027, in a vote of confidence in the struggling US planemaker. The order for 25 737-8-200 and 25 737 MAX 10 jets to be used for short-haul operations at IAG-owned airlines is worth $6.25 billion …

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UK inflation hits 9%, highest since modern records started

British inflation leapt last month to its highest annual rate since 1982, piling pressure on finance minister Rishi Sunak to step up help for households facing a worsening cost-of-living crisis. UK consumer price inflation hit 9% in April, the Office for National Statistics said. This surpassed even the peaks of the early 1990s recession that …

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Fáilte Ireland launches drive to tackle staff shortages in tourism sector

A national campaign to address staff shortages in the tourism and hospitality sectors is being launched today by Fáilte Ireland. The €700,000 marketing drive will run across national radio, print, online platforms and social media. The aim of the initiative is to attract more people to jobs in the sector as the tourism industry faces …

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Gas generated over half of Ireland’s electricity in April

Gas reliably generated more than half the country’s electricity in April as the contribution from wind generation dropped to about one third, new figures show today. The figures from Gas Networks Ireland show that gas generated 52% of Ireland’s electricity in April, up 27% on March’s level of 41% and 37% on the first quarter …

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C&C’s annual revenues fizz 88% higher

Drinks group C&C has reported a near 88% increase in revenues for the year to the end of February and said its new fiscal year had started strongly with more price hikes likely on the way. C&C said its revenues jumped by 87.8% to €1.438 billion from €765.8m the previous year. The company also reported …

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Bank CEOs to meet Central Bank on account transfers

The chief executives of the main banks here are to meet representatives of the Central Bank today to discuss plans for the departure of Ulster Bank and KBC from the market. The regulator summoned the remaining banks to a meeting in recent weeks as it called publicly on them to do more to facilitate hundreds …

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Cost inflation top threat to growth in food sector

Rising input costs and inflationary pressures have been identified as the top threat to business growth in the food sector here. In a survey of 70 small and medium sized food firms carried out by the food business representative group Love Irish Food, and professional services firm, PwC, 97% identified those areas as presenting the …

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