1 in 20 Irish Home Energy Upgrade Loans in Breach of Terms

Approximately one in 20 loans issued under Ireland's Government-backed Home Energy Upgrade Loan Scheme (HEULS) has breached its terms. The two-year-old scheme, funded by the Strategic Banking Corporation of Ireland (SBCI) through commercial banks, has seen 1,135 loans totaling €56.1 billion drawn down by the end of March.

Porter Privé, a new venture by Emma Kennedy, has taken over management of three Dublin city centre serviced office spaces previously run by Paddy McKillen jnr’s Grafter. This includes 41 Lower Leeson Street, 10 Ely Place, and Smyth House on Grafton Street, which serves as OpenAI's Dublin headquarters.

KPMG managing partner Ryan McCarthy noted that staff attendance in the office has dropped from an average of 3.4 days per week before March 2020 to 2.3 days currently. KPMG plans to require graduates to attend the office “all the time” from autumn, aiming to increase the overall average attendance to over three days a week.

Karen Clince, founder of Tigers Childcare, was named The Irish Times Business Person of the Month for May, following the sale of her group to UK operator Kids Planet Day Nurseries. Tigers Childcare operates 34 crèches across Ireland, serving 3,200 children and employing 640 people.