May 4, 2023

Supermarket chains cut price of butter amid dairy farmers’ concern

Following widespread falls in the price of milk across the main supermarkets over the weekend, consumers in a number of supermarket chains will also now benefit from a drop in the price of butter. From tomorrow morning, Tesco Ireland said it will cut the cost of its own brand butter by 40c per 454g pack (one pound), pricing it at €2.99 – down from €3.39. […]

April 15, 2023

Revenues and profits grow despite challenges

Co Sligo-based co-op Aurivo, which owns and produces the Connacht Gold dairy brand, has reported higher revenues and operating profits for 2022 despite a challenging year of inflationary pressures and volatility. Aurivo said its revenues increased by 34% to €764.2m from €570.3m in 2021. Operating profit was up by 41.2% to €17.8m from €12.6m the previous year, while Aurivo recorded EBITDA of €24.9m, an increase […]

April 12, 2023

CCPC receives two complaints about fertiliser sector

The Competition and Consumer Protection Commission has received two complaints alleging anti-competitive behaviour in the fertiliser sector. The two complaints have been forwarded to the CCPC’s Enforcement Divisions for examination and review. It is understood they were made within the last month. The news comes after the Chairperson of the Oireachtas Committee on Agriculture, Food and the Marine Jackie Cahill stated, under Dáil privilege, that […]

March 18, 2023

Glanbia raises full year guidance despite Q1 revenue dip

Global nutrition group Glanbia has today upgraded its full year guidance on the back of an improved outlook for margins in its Glanbia Performance Nutrition division in the second half of the year. In a trading update ahead of its AGM in Kilkenny today, Glanbia said its first quarter group performance was broadly in line with expectations. Group revenue for the first quarter by declined […]

February 14, 2023

The curse of planned obsolescence

Every time our mobile phone breaks or its battery starts giving trouble, even without considering the option of getting it repaired, most of us start looking for the latest models of phones available in the market and we end up buying a new phone. This is because most of us as consumers of electronics, electrical and computer technologies have reconciled to the fact that these […]

January 11, 2023

Ways to recycle heat and reduce carbon emissions

Heating of space and water in buildings accounts for about 44% of all energy consumed globally according to the International Energy Agency. This heat is still overwhelmingly generated by burning fossil fuels, making it an enormous source of the carbon emissions driving climate change. But you might be surprised to learn just how much heat is wasted each day. Finding ways to recover and recycle […]

December 3, 2022

Why men benefit more than women from ‘overconfidence’ at work

There has been a steady stream of popular literature in recent years telling women to “lean in”, be more confident, and not worry about “imposter syndrome”. Men, on the other hand, are often seen to be overconfident compared to women. Our recent research shows they are 19% more likely to self-assess their abilities higher than they actually are – and this difference can actually affect […]

November 1, 2022

What will we do with millions of used electric car batteries

Electric vehicles are widely seen as the key to decarbonising road transport. Despite recent supply chain issues, global electric sales continue to break records every year. The latest figures from the Irish motor industry show that electric surpassed diesel car sales in Ireland for the first time in the first three months of 2023 and represented more than 24% of all new cars sold. The […]

October 18, 2022

Why aren’t the Government spending the billions they now have on hand

For anyone who hasn’t heard the good news, the Government currently has a bit of money lying around. In 2022, tax revenue rose by 22% amounting to an annual increase of about €14.7 billion. Where did the money come from? Mostly greater corporation and income tax receipts. Corporation tax receipts increased from €1.3 billion to €3.2 billion and there was also an increase in taxed […]

September 11, 2022

AI a problem or a solution when it comes to hiring staff

Artificial Intelligence is currently creating massive changes in many institutions. A German editor was recently fired over a fake AI interview with racing legend Michael Schumacher. Students are finding it increasingly easy to use AI tools such as ChatGPT to write essays and even to complete examinations AI is used in the workplace for functions ranging from ensuring compliance with increasingly complex regulations to managing […]