The Irish electricity market faces unique factors that could lead to a potentially volatile situation developing, according to Ciara Ryan, Energy, Infrastructure and Utilities Specialist with Deloitte. Participants within the Irish market must now start to prepare for these risks as the new Single Energy Market (SEM) will come into effect on November 1, 2007.

Speaking at the Energy Ireland Conference 2007, which takes place at the Burlington Hotel today, Ciara Ryan said that electricity is a notably volatile commodity – generic...

The Deloitte 2007 Global Shared Services Survey of over 130 international shared services leaders, including many with Irish operations, has found that 40% of all participants are considering relocating their centres.  29% are considering relocating within 1-3 years, the balance within 5 years. The reasons cited for these moves were to reduce costs (56%) and to improve...

Deirdre is a Tax Partner in Deloitte. Her experience is in the financial services industry, where she has spent more than ten years advising clients in the areas of investment management and funds, leasing, banking, securitisation and structured finance.

Commenting on her appointment as Chairperson, Deirdre said: “I am looking forward to working with the IFIA Chief Executive, Gary Palmer, the IFIA team and the funds community to ensure that Ireland...

Deloitte’s latest Annual Review of Football Finance, released today, reports on the growth of the European football market and the overall improvement in the finances of the clubs in Europe’s ‘big five’ leagues. 

Dan Jones, Partner in the Sports Business Group at Deloitte, commented: “Revenue growth amongst the ‘big five’ leagues and the successful World Cup in Germany helped drive up the total revenue of the European football market to €12.6 billion in 2006.  Whilst there are a variety of...

Paul Rawnsley, Director of the Sports Business Group at Deloitte, commented: "With seven Championship clubs still chasing a place in the Play-Offs, the final fixtures on Sunday promise drama and tension on the pitch, on the terraces and in the boardroom.”

“The financial prize for promotion to the Premiership will be around EUR88m (STG60m).  Premiership football will provide Birmingham City, Sunderland and the third promoted club with at least EUR51.4m (STG35m) of additional revenue...

Airline fraud is costing the industry over 440 million euro (US$600 million) a year according to a new report out today. The airline fraud survey, undertaken by Deloitte and the IAAIA (International Association of Airline Internal Auditors), shows that fraud has increased five-fold since the last in-depth study of the industry six years ago. 79% of airlines participating in the survey have experienced fraud in the last 12 months.

Deloitte found the average...

Enterprise Risk Management needs to be a major priority for Irish firms – wireless security found to be poor within Dublin business district

As risk management receives heightened scrutiny in financial institutions’ boardrooms, additional investment and management attention is needed, according to the fifth edition of Deloitte’s global risk management survey.

While executives at financial services firms rated their risk...

Ms Ryan, who was speaking today at the Deloitte seminar on the Employment Permits Act 2006, said that it was clear that companies are finding the employment of foreign nationals a positive experience, but that the previous permit process was a stumbling block to them doing...

• Almost 75 per cent of senior life science executives believe the pace of innovation in science and IT will drive their companies’ revenues by 2015.
• Over 50 per cent of senior life science executives expect half of their revenues to come from products and services not yet found within their portfolios.
• Ireland risks losing ground in attracting life sciences companies.

Ireland risks being left behind in the development of the growing life sciences sector because of a lack of crucial R&D...

Speaking at the Finance Dublin Conference today, Bloom also said that as the market looks to accommodate multinational financial conglomerates, compliance regulation will similarly evolve in sophistication and companies will be forced to continually address risk and capital management...