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Posts Tagged ‘ Irish business ’

Gardai Reveal Severe Threat To Irish And UK Based Businesses

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The Garda Bureau of Fraud Investigation has recently detected a pattern of criminal activity that has the potential to cause serious financial losses to both public and private Businesses.

Up to 14 cases have been reported to date, with potential losses of over €5m, however €100k has been stolen. A number such bodies based around the country have received fraudulent instructions in the recent weeks via Email or letter which instructed them to record new account details for their various clients. There is no pattern in the fraudulent account details as they involve different financial institutions in both Ireland and the UK. Continue reading

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Business Report Highlights Cross Border Stabilisation

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InterTradeIreland’s quarterly publication, Business Monitor, recently revealed sign of all-Ireland business stabilisation. The report indicated that a quarter of the businesses reported an increase in sales in Q2, 2013, the highest since Q2, 2011. Just over half of the businesses reported their position within the market as stable, while 13 per cent said that they were in growth mode. The news isn’t all positive, unfortunately, as 35 per cent reported a decrease in sales, 28 per cent said they were trying to survive at all costs, while rising overheads continue to be a cause of concern for many.

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