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Robust economic performance despite twin challenges of inflation and higher interest rates
Ibec, the group that represents Irish business, today published its new Economic Outlook, which forecasts growth in GDP of 2% in 2024 and 3.4% in 2025. The Outlook says that higher growth in exports, investment and the overall economy is expected for this year and next, on the back of falling inflation, anticipated interest rate reductions and marginal improvements in the global economy.
CEO Update: Consistency in the Face of Uncertainty Building Coalitions at Home and Abroad
Since the beginning of the year, there has been a significant shift in the geopolitical landscape. Relationships and alliances are being re-examined, priorities are changing, and the rules of engagement are evolving.
AI could save 400,000 lives yearly – Irish Medtech Association
This year’s ‘Medtech Rising: The Business Leaders’ Conference and Awards’ will explore: worldclass innovation, global economic outlook, sustainability, fostering talent, generative AI, the future of EU regulations, and more.
Transparent and Predictable Working Conditions Directive
The European Union (Transparent and Predictable Working Conditions) Regulations 2022, S.I. 686/2022 (the “Regulations”) were signed into law on 16 December 2022. The Regulations give effect to Directive 2019/1152 of the European Parliament and of the Council of 20 June 2019 on transparent and predictable working conditions in the European Union. The Regulations amend a number of pieces of employment legislation which introduce new obligations for employers and limit the use of certain clauses in contracts of employment. We set out the main changes affecting employers.
Food Drink Ireland Budget 2024 reaction
Food Drink Ireland (FDI), the Ibec group representing the food and drink sector, has welcomed the €250 million SME support package announced in Budget 2024.
CII Offshore Wind Report
Ireland has an abundance of natural wind resource and ambitious targets for offshore wind (OSW). This study carried out by Baringa highlights how cloud infrastructure can unlock Ireland’s offshore wind potential and help to achieve those targets and help decarbonise our economy ensuring a strong and sustainable future for everyone.
Labour costs remain a concern for employers against backdrop of inflationary environment
Speaking at the National Economic Dialogue on 20 June, Ibec President Frank Gleeson who is also CEO of Aramark's Northern Europe division cautioned that chasing inflationary numbers with increased labour costs creates a spiral where inflation will continue.
Ibec statement on Government Action Plan for Housing supply
Ibec, the group representing Irish businesses, today welcomes the publication of Delivering Homes, Building Communities 2025-2030: An Action Plan on Housing Supply and Targeting Homelessness.
Food Drink Ireland Business Monitor Q2: Call for Government action amid rising costs
Food Drink Ireland (FDI), the business association within Ibec representing homegrown and international manufacturers and suppliers across the food and drink sector, has today launched its Food Drink Ireland Business Monitor for Q2 2024. The FDI Business Monitor tracks key retail, economic and consumer trends.