Permanent TSB to hike standard variable mortgage rate

Permanent TSB to hike standard variable mortgage rate

Permanent TSB has confirmed that it is raising the interest rates on its standard variable mortgages and related products by 0.5pc from the start of February. As a result, the new rate for customers holding standard variable mortgages is 3.69pc. Permanent TSB said the move would affect just under 80,000 residential mortgage customers, who make up 45pc of its residential mortgage loan book. Its other 100,000 residential mortgage customers will not be affected. High cost of fundsThe bank said the decision to increase rates had been forced on it as a result of the continuing high cost of funds. “While the bank sources funds from a variety of sources, the…

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TSSG in Waterford Leading Major EU 5G Project

Business and Leadership Ltd.

The Telecommunications, Software, and Systems Group ( TSSG ) at Waterford Institute of Technology is co-ordinating an EU-funded project to help build the global technical infrastructure for a fifth generation (5G) telecommunications network and mobile internet. The 30-month CogNet (Cognitive Networks) project has received almost €6m in EU funding as the only Irish-led project approved under the Horizon 2020-financed, 5G Public, Private Partnership programme (5G-PPP). Current telecom providers have just started the process of rolling out 4G, and 5G is likely to start appearing around 2022. A multinational project, CogNet will develop solutions to provide a highly automated and more intelligent level of network monitoring and management, improve operational and energy…

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Entrepreneurs return from EOY CEO retreat in North America

Business and Leadership Ltd.

Over 110 of Ireland’s leading entrepreneurs are back in Ireland following last week’s EY Entrepreneur Of The Year CEO retreat in Vancouver and Seattle. The retreat, which was attended by this year’s finalists and a number of EOY alumni, was, according to the organisers, “focused on equipping the entrepreneurs in attendance with the building blocks to create a robust global vision for their respective businesses”. “The CEO Retreat exposed our entrepreneurs to visionaries across all walks of life, from the founders of cutting-edge emerging companies to the president and CEO of global aerospace giant Boeing” said Frank O’Keeffe, partner-in-charge of EY Entrepreneur Of The Year. “Whether they were artists, politicians…

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Nelson Mandela – Leadership Which Ended Apartheid

Nelson Mandela

The Nelson Mandella MuralPhoto Source: Shutterstock. Nelson Mandela was the first black President of South Africa and was an instrumental figure in ending apartheid. After his term as president, Nelson Mandela went on to become an advocate for social and human rights organizations. A Short Biography Nelson Mandela was born in Mvezo, a small village in South Africa. He was the first in his family to attend school and it was there that his English teacher gave him the name ‘Nelson.’ His involvement in politics started when the National Party, which supported the apartheid policy of racial segregation, won the elections. Mandela joined the African National Congress party and began…

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Ogilvy: The Search for the World’s Greatest Salesman

David Ogilvy: Leader and Salesman

David Ogilvy is considered “The Grandfather of Modern Advertising.” His style is often copied but never to the actual greatness that was Ogilvy. He learned his leadership qualities from good old-fashioned hard work and unrelenting determination.

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Five new SFI research centres named – focus areas include medical devices, applied geosciences and connectivity

Business and Leadership Ltd.

Five new world-class SFI research centres are to be set up with Government and industry funding of €245m over the next six years. The five new centres are: Adapt, which is focused on global digital connectivity; Connect Centre for Future Networks and Communications, focused on future broadband, cellular and internet-of-things networks; Cúram Centre for Research in Medical Devices; iCRAG Centre for Research in Applied Geosciences; and Lero, The Irish Software Research Centre. The five centres will be involved in over 165 industry collaborations with partners ranging from multinationals to SMEs and including Intel, Google, Microsoft, Medtronic Vascular Galway Ltd, Xilinx, and Huawei. Funding of €155m from the Department of Jobs will be…

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Knowledge Transfer Ireland launched – a first for business innovation in Europe

knowledge transfer

Knowledge Transfer Ireland launched – a first for business innovation in Europe Richard Bruton T.D. Minister for Jobs, Enterprise & Innovation and Dr. Alison Campbell, Director of KTI A new resource called Knowledge Transfer Ireland (KTI) has been launched to make it easier to commercialise State-funded research from third-level institutes – the first of its kind in Europe. It is the State-funded central technology transfer office, located in Enterprise Ireland and operated collaboratively by Enterprise Ireland and the Irish Universities Association. Making the announcement, Minister for Jobs, Enterprise and Innovation Richard Bruton TD noted that Ireland is currently ranked tenth out of 142 countries for innovation, while in Europe we’re ranked first out of…

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