Typically Irish!
‘Fleeced’ shoppers head for the border
SHOPPING centres in the North have seen a 40pc surge in shoppers crossing the border to snap up bargains.
Border-hopping consumers are exploiting the fact that branded goods are about a third cheaper in the North. The research also reveals that the average daily spend of €81.11 by southern shoppers is the highest of all day-trippers [...]
Irish Tax hikes threat as revenue drops €2bn
FURTHER spending cuts and Budget tax rises are on the cards after a record slump in the public finances.
Yesterday, Government forecasts for the State coffers were thrown into disarray — just a month after they were made — following a huge €780m shortfall in VAT receipts in July.
Total tax revenues are now more than €2bn [...]
Autumn 2009 launch date for Digital Television switchover
Following the end of digital terrestrial television (DTT) trials by the Irish Government today, Minister for Communications, Eamon Ryan said national rollout will begin in a little over a year – August 2009.
What this means is that the traditional analogue television will be slowly phased out over the course of the next four years as [...]
€435m Broadband Plan for Ireland
The Government has unveiled a next-generation network (NGN) plan that will see €435m pumped into a nationwide fibre-optic network, with state-owned fibre technology being utilised and broadband made universal by 2010.
The plan, unveiled today by the Minister for Communications, Energy and Natural Resources, Eamon Ryan TD (pictured), will make use of significant dark fibre networks [...]
ECB Raises Interest Rates
Yep yet another increase. The European Central Bank has raised its key lending rate by a quarter-point to 4.25%.
Banks and building societies are expected to pass the rate increase on to mortgage holders in the weeks ahead.
The increase was flagged by the President of the European Central Bank last month and comes after heightened concerns [...]
Irish Firm Delphi bought by SunGard
Dublin-based Delphi Technologies has been acquired by US firm SunGard for an undisclosed sum.
Under the deal, Delphi, which provides consulting and managed professional services to the telecoms and financial services sectors, will become part of SunGard’s European consulting business. Financial details were not revealed but reports suggest the Irish firm is worth around EUR20 million.
Delphi [...]
