Ciarán Hancock
Business Editor at Irish Times
Host at Irish Times Inside Business
Business Editor, The Irish Times [email protected]
Articles
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2 days ago |
irishtimes.com | Ciarán Hancock
Bad news for coffee drinkers this morning, as they face further price hikes. Reduced harvests from key producers continue to drive up prices, restaurants have warned, with cafes now charging up to €4 for a cup of regular coffee after sustained price rises since 2020. Barry O’Halloran has the story. Donald Trump’s tariffs put stock markets in a spin and sparked a sell-off in US government debt. So what does all of this mean for your pension?
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1 week ago |
irishtimes.com | Ciarán Hancock
Workers in the Republic pay twice as much tax as those in Northern Ireland, but they are still better off, according to major research carried out by the Economic and Social Research Institute. Mark Hennessy reports on its findings while in a related piece Cantillon offers a view on why this might be the case.
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2 weeks ago |
irishtimes.com | Ciarán Hancock
The company behind the popular Fallon & Byrne restaurant in Dublin city centre reduced its losses in 2023 as it reported 12 per cent growth in its revenues for that year, with its owners stating that the underlying business is now “self-sustaining”. Abridged accounts just filed for Fallon & Byrne Ltd show it made a loss during that period of €564,046, down from a deficit of €639,301 in the previous 12 months. This increased its accumulated losses to €4.7 million.
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2 weeks ago |
irishtimes.com | Ciarán Hancock
ESW, the Dublin-based ecommerce company founded by Tommy Kelly and previously known as eShopWorld, has told staff here that up to 45 roles are at risk of redundancy. That amounts to just more than 11 per cent of its 396 employees in Ireland and will involve compulsory redundancies. It is part of a wider global programme that will impact up to 77 posts at its operations in Dublin, New York, Madrid and Singapore. The group employs 906 staff globally.
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2 weeks ago |
irishtimes.com | Ciarán Hancock
Galway-based healthcare systems group MedyTrak, whose backers include solicitor and property developer Noel Smyth, is planning to raise up to €5 million to expand its business. MedyTrak was founded by Galway-based businessman Tom O’Connor during the Covid-19 pandemic to streamline healthcare workflows and to improve patient-clinician connectivity using digital tools.
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