Out of office: Your essential round-up of the latest business news
The Department of Social Protection announced that PUP claimants fell by a further 23,000 last week to 244,000. This is the lowest number of PUP claims since October and down from the 443,000 at the beginning of April, before the third set of Covid-19 lockdown restrictions began to be lifted. The figures suggest the CSO’s Covid-19 adjusted unemployment rate has declined close to 15 per cent, according to analysis from Davy Research.
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Enterprise Ireland chief: global supply chain backlog ‘to continue for another year’
Leo Clancy also says sustainability has risen high on the agenda of Irish companies in his first year in the role of chief executive
Premier Inn owner files €1.75m loss due to pandemic
Pi Hotels & Restaurants Ireland is positioning itself for a ‘successful recovery’ after Covid-19 cut its revenues by nearly €5 million
Investment funds buy €260m worth of Kingspan shares
Expenditure comes despite slide in the company’s share price due to Covid-19 outbreaks on construction sites and Brexit