The Central Bank has revised downwards slightly its forecasts for growth in the domestic economy this year, but still expects that it will continue to grow at a moderate pace over the next three years. The bank is now predicting that Modified Domestic Demand (MDD) will expand by 2.2% this year, down from its forecast […]
92% of Irish employees have a strong preference for continuing in a hybrid or remote work model, according to new research from recruitment company Morgan McKinley. The Global Workplace Guide shows that half of employees would forgo a pay raise if it meant they got their desired flexibility. One to two days in the office […]
The first ever rules for artificial intelligence for the European Union are expected to be approved by MEPs in Strasbourg. The proposed law, which is likely to have widespread support in the European Parliament, will require AI models such as ChatGPT and general-purpose AI systems to comply with transparency obligations before they are put on […]
New figures from the Central Statistics Office show that the rate of household saving fell slightly in the last three months of 2023 and in the year as a whole as inflation continued to drive consumption during the year. Today’s figures show that the Household Saving Rate eased to 10.19% in the fourth quarter of […]
The Central Bank told the Department of Finance a scheme for mortgage interest relief would almost exclusively benefit homeowners aged over 40 who were the least likely to have challenges paying back their home loan. In an analysis of Government plans to help mortgage holders in last year’s budget, the Central Bank said the scheme […]
The Central Bank has revised downwards slightly its forecasts for growth in the domestic economy this year, but still expects that it will continue to grow at a moderate pace over the next three years. The bank is now predicting that Modified Domestic Demand (MDD) will expand by 2.2% this year, down from its forecast […]
In the era of globalisation, businesses are increasingly crossing borders, tapping into new markets, and engaging with international customers and suppliers. While this expansion offers vast opportuni…
In the world of business, financial reporting has traditionally been a realm dominated by numbers, charts, and tables. While these elements are crucial for conveying the financial health and performan…
In the swiftly transforming landscape of the 21st century, harnessing the power of digital technology has become not just an advantage, but a necessity for businesses seeking financial efficiency. At …
In today’s rapidly evolving business landscape, the importance of financial literacy extends far beyond the confines of accounting departments. At John P Burke we know that as organisations strive for…
