Tax revenues ahead of target
Tax revenues for the first seven months of the year were €20,313m, €500m (2.5pc) ahead of target, according to the latest Exchequer return figures. At the end of July taxes were €1.68bn (9pc) ahead of the same period last year. Adjusting for the impact of delayed corporation tax receipts from December 2011 and a reclassification of PRSI to income tax this year, taxes grew by around 6.5pc in the year to end-July. Income tax was €159m (2.0pc) ahead cumulatively and is over 11pc up on the same period last year on an adjusted basis. VAT receipts in the month of July were €58m (4.3pc) ahead of target and €87m (1.3pc)…
Read MoreBlight Resistant GM Potatoes for Co Carlow Field Trials
The Environmental Protection Agency (EPA) has approved an application from Teagasc to carry out field trials on a genetically modified (GM) potato line with improved resistance to late potato blight. The field trials will be carried out at one location at Oak Park, Co Carlow. The trials can be carried out between now and the end of 2016, with post-trial monitoring continuing until 2020. Planting will not exceed two hectares in area. According to data published by Teagasc scientists, annual losses due to potato blight in Ireland have been estimated at €15m per annum, and managing the disease requires up to 15 fungicide applications throughout the growing season. The GM…
Read MoreSabeo launches jobs app for IT staff in Ireland and UK
Irish firm Sabeo Contracting Services has launched a new IT Jobs App on iPhone and Android that allows IT staff to search for new jobs. Sabeo currently provides IT contract staff to clients in Ireland and the UK, and permanent IT staff and recruitment services to many employers in Ireland. The free app allows the user to search for jobs, depending on their location preference, skills and type of employment. The search can be saved, and the app notifies the user when new positions are released. No registration is required. Paul Schmitz, Sabeo Contracting Services’ director said the app was part of its strategy to reach out to more IT…
Read MoreRecruitment activity steady in quarter two — Robert Walters
Finance staff continued to be in demand among both Irish organisations and multinationals in the second quarter, according to the latest update from recruitment firm Robert Walters. Most hires were on a contract basis, but there was a general increase in demand for permanent financial analysts and finance business partners at the two to four PQE level. There was a strong demand for supply chain and procurement professionals with specialist multinational project management and systems expertise, particularly in the life sciences sector, as well as in larger food and beverages organisations. The update shows that sales and marketing recruitment activity remained buoyant throughout quarter two, both in the financial services…
Read MoreRihanna to Design Collection for River Island
River Island is collaborating with pop singer Rihanna who is designing her first clothing collection for the store, due to be launched next Spring. The artist said she’d wanted to design her own collection for some time and the fact that River Island is a British, family-run business appealed to her. “I find London really inspiring, and River Island loves to have fun with clothes. I’m looking forward to working with them and creating something really special.” Ben Lewis River Island chief executive said: “Rihanna is a style icon, from street to chic she enjoys her fashion. As soon as we started to work together, we knew this was a…
Read MorePauline McLynn sets up e-business selling tea cosies
She’s famous for her saying ‘Ah Go On’, and now the former Fr Ted housekeeper aka Pauline McLynn has turned her catchphrase into a winning business idea with a range of tea cosies, called ‘GO ONS’. On her website , McLynn says each Go On is “unique” and comes with a story as to why she made it as she did, as well as care instructions. All GO ONs are made for round-bellied tea pots and are priced between €50-€90. McLynn says she was taught to knit by her mother when she was a child and by her grandmother “who could knock out an Aran style bobble hat in a few…
Read MoreNeuravi to create 25 jobs further to 5.2m investment
Galway-based medical devices company Neuravi has raised investment of 5.2m which will accelerate the development of its innovative clot retrieval device. Established in 2009, Neuravi expects to create 25 new jobs over the next three years as a result of this investment. This includes a series of both senior management and technical/functional positions over the coming months to fulfill the research and development, quality assurance, regulatory assurance, manufacturing, marketing and finance functions of the company. Supported by Enterprise Ireland, Neuravi has assembled a large body of intellectual property in the field of mechanical retrieval devices for stroke. The device it is developing will help stroke doctors treat patients very quickly…
Read MoreADM Londis completes €20m distribution deal; 20 jobs to be created
Irish grocery retail group ADM Londis plc has today announced the launch of its centralised chilled distribution facility and the completion of a €20m partnership agreement with warehousing and logistic experts Norbert Dentressangle. The new facility will also result in the creation of 20 new jobs. As a result of the new facility, the group’s network of 250 retailers across Ireland are, for the first time, placing their chilled orders directly with ADM Londis through the Group’s ISIS web platform and receiving these products in a single delivery, marking a major strategic shift for the group and its retailers. Explaining the programme, Claude Tonna Barthet, group operations director, ADM Londis plc, said:…
Read More50 Cent coming to Carphone Warehouse in Dundrum
Rap artist 50 Cent is visiting Ireland on 11 July to launch his new range of SMS audio headsets that will be sold exclusively in Carphone Warehouse. The multi-platinum selling artist will be at Carphone Warehouse, Dundrum Town Centre to meet fans and sign his range of headphones. “Carphone Warehouse customers will get the opportunity to demonstrate the new SMS audio headphones before meeting 50 Cent in person and our ‘Geek Squad’ and sales advisors in Dundrum will receive training from 50 Cent on his full SMS range,” said Peter Scott of Carphone Warehouse. There will be 500 wristbands available with priority going to those that purchase the headphones between…
Read MoreDirector profile: Tom Arnold, CEO, Concern Worldwide
Director profile: Tom Arnold, CEO, Concern Worldwide Pastoralist Jarso Ada speaking to Tom Arnold and Mary Robinson in Kenya When Tom Arnold steps down as chief executive of Concern Worldwide next year, he’ll leave behind him an organization that, during his time in the top job, has evolved from being an effective and respected Irish charity into one of global scale and reputation. Last year, Concern had 3,500 people working in 25 countries and had a budget of €16om, with €104m of this coming from a number of governments, including Ireland, the UK, and the US, as well as the EU and the UN. Income in 2001 was just short…
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