General Industry News

IMF: Irish economy set to return to growth next year

RTE Business – 14.04.2020

The International Monetary Fund is forecasting that Ireland's economy will decline by 6.8% in Gross Domestic Product (GDP) terms this year, as a result of the impact of the Covid-19 pandemic. The figure is contained in the IMF's World Economic Outlook, published today. The IMF believes that unemployment in Ireland will average 12.1% this year and 7.9% in 2021. It predicts that the economy will return to growth in 2021. Globally, the IMF is forecasting that the economy will shrink by 3% this year as a result of Covid-19. It predicts the Eurozone will contract by 7.5%.

Deliveroo expands its services in Ireland to include grocery deliveries

Hospitality Ireland – 09.04.2020

Deliveroo has announced that it is expanding its services in Ireland to include grocery deliveries to help people get the supplies they need during the COVID-19 crisis. The food delivery firm has signed deals to deliver groceries from a number of Spar, Londis, Mace, Fallon & Byrne outlets in Dublin. Deliveroo Ireland General Manager Michael Healy stated, "Alongside our work with restaurants, we have been working hard with off-licence partners such as Spar, Londis and Mace to make it easier for customers to get access to day-to-day food and household items quickly as they limit trips outdoors." The new service will allow people to order items from the grocery stores that have partnered with Deliveroo via the food delivery firm's app.