Out of office: Your essential round-up of the latest business news
The Employment Wage Subsidy Scheme (EWSS) has so far cost the state more than €2bn, new figures published by Revenue show. Since its launch in September, the government has paid out €1.744bn in wage subsidies to businesses affected by the pandemic for over half a million employees, with an additional €303m in PRSI relief. A total of 45,900 employers have registered for the EWSS.
The national debt at the end of...
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Kerry Group pulls out of €700m joint venture talks with Kerry Co-op
Bid by farmers’ co-op to buy 60 per cent of company’s dairy business fails
Lakeland Dairies reports double-digit growth in profits
The farmer owned dairy co-op recorded a 27 per cent increase in operating profits in 2020 despite the challenges created by the pandemic