A KPMG poll of 1,325 business leaders in the world’s largest economies, has found increasing confidence in the global economy is set to spark an acquisition spree. The survey saw 87% of respondents say they were looking to do deals to help boost and transform their businesses within the next three years, with mergers and…

Irish Regulator, the Central Bank has announced the appointment of Colm Kincaid as the new Director of Consumer Protection. Kincaid replaces Grainne McEvoy who will leave the Central Bank in January 2022 to take up an opportunity in the private sector. Announcing the appointment, Director General, Derville Rowland said “I am delighted to announce Colm…

With vaccination campaigns ongoing, trade credit insurer Atradius has predicted that the global economy will grow by 6.2% and is recovering fully from the major economic downturn in 2020 caused by the Covid-19 pandemic. Atradius new Economic Outlook forecasts a 2021 growth rate of 6.2%, higher than was expected six months ago. As most economies…

The number and total value of judgments registered against Irish consumers saw very large percentage rises in the second quarter of 2021 (Q2 2021) compared to the same quarter last year, figures released by registrar Irish Judgments show. The number of judgments registered against Irish consumers in Q2 2021 was 307, an increase of 358…

The number and total value of judgments registered against Irish businesses rose significantly according to new figures released by registrar Irish Judgments. The number of judgments registered nearly doubled from 63 in Q2 2020 to 124 in Q2 2021. The total value owed in Q2 2021 was €1.4 million, more than three times the €440,462…

A new report from Juniper Research has found that global contactless card transaction values will reach $2.5 trillion in 2021, from $1.7 trillion in 2020, with cards retaining the majority share of overall contactless transaction values at 79% in 2021. The pandemic has significantly accelerated an existing contactless card usage trend, and these value increases…

NatWest’s Ulster Bank is preparing to sell €7.6 billion of loans and 25 branches to Irish bank Permanent TSB. Between 400 and 500 Ulster Bank employees will transfer over under the deal while NatWest will secure a 20% stake in PTSB as part payment. “In line with our strategy of a phased withdrawal from the…

Ireland’s Central Bank is proposing to ban the practice of price walking following its Review of Differential Pricing in the Private Car and Home Insurance Markets. The Review examined how differential pricing is used in the private car and home insurance sectors and established its impact on consumers. Differential pricing is where customers with a…

A total of 169 corporate insolvencies were recorded in Ireland in the first half of 2021, according to analysis of the latest insolvency statistics published by Deloitte. The figures represent a decrease of 38% from H1 2020 when 273 insolvencies were recorded. On a quarterly basis, a total of 58 corporate insolvency incidents were recorded…

1 2 3 26