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Survey reveals that 29pc of large Irish firms were forced to pay a cyber ransom last year

Survey reveals that 29pc of large Irish firms were forced to pay a cyber ransom last year

The average ransomware payment among large Irish businesses has risen to €683,000, according to a new survey of 200 Irish-based enterprises.
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Ryanair bag size crackdown coming as €1.50 staff bonus could be raised
Ryanair bag size crackdown coming as €1.50 staff bonus could be raised

Irish Daily Mirror

time10 minutes ago

  • Irish Daily Mirror

Ryanair bag size crackdown coming as €1.50 staff bonus could be raised

Ryanair is considering increasing a bonus paid to staff for identifying passengers' oversized luggage, its chief executive said. The airline currently pays staff around €1.50 for intercepting customers who are bringing bags that are too big onto the aircraft. It is reported that the bonus is capped at about €80 for each staff member per month. Passengers are charged a fee of up to €75 for bringing luggage that is larger than they paid for while booking their journey. Ryanair currently includes a small carry-on bag - capped at a size of 40x20x25cm and weight of 10kg - with every ticket. Passengers must pay a fee if they want to bring larger luggage, or if they want to bring multiple bags. Ryanair boss Michael O'Leary said today that summer fares would, on average, be the same rate as 2023 - but added that he expects a boost in profitability for the airline by "controlling costs". Members of the European Parliament are pushing for airlines to allow passengers to be allowed to bring on free an on-board personal item and small hand luggage. However, Mr O'Leary predicted the proposal will not come into law due to a lack of space. Speaking to the business news on RTE's Morning Ireland, he said: "We're flying largely full flights, about half the passengers can bring two bags and the other half can only bring one - because that's all that fits in the plane. "We're already struggling with that amount of baggage. That's one of the reasons we are so aggressive about eliminating the scourge of passengers with excess baggage." Mr O'Leary said more than 99.9% of passengers comply with baggage rules, with "sizers" located within the airport. He said: "We are happy to incentivise our (staff) with a share of those excess baggage fees, which we think will decline over the coming year or two." The chief executive added: "It is about €1.50 per bag and we're thinking of increasing it, so we eliminate it." Meanwhile, Mr O'Leary predicted that US President Donald Trump will "chicken out" of introducing increased tariffs for Europe on August 1. Asked if he anticipated tariffs applying to Boeing aircraft being delivered to the airline, he said: "Trump will probably chicken out again, I suspect the August 1 will get moved to September or October. We have taken delivery of five aircraft in the first quarter but no tariffs applied to those aircraft "There is a risk of tariffs being introduced by the Europeans or the Americans in some tit-for-tat in August, September or October – but Boeing will have to pay those tariffs." Mr O'Leary said Ryanair would work with Boeing to ensure no tariffs are applied to commercial aircraft, which he said would be bad for the manufacturer's exports to Europe as well as Airbus's sales to the US - as well as the Irish aircraft leasing industry. He added: "There's increasing optimism, though, in Washington that commercial aircraft will be exempt from any tariffs – if Trump ever gets around to actually imposing tariffs." Subscribe to our newsletter for the latest news from the Irish Mirror direct to your inbox: Sign up here.

61-acre Wexford farm guiding at €16k-€18k/acre at online auction
61-acre Wexford farm guiding at €16k-€18k/acre at online auction

Irish Examiner

time40 minutes ago

  • Irish Examiner

61-acre Wexford farm guiding at €16k-€18k/acre at online auction

Coming up for public online auction on Friday, August 29, is a 61-acre farm at Scarawalsh, Ferns, Co Wexford. The significant acreage on offer will already provide a strong incentive for bidders to put their hands up on the day. The sale is being handled by Gorey-based auctioneers Quinn Property. 'We're delighted to introduce this valuable parcel of land to the market,' said selling agent David Quinn. 'It's only 4km from Ferns and just over 1km to the Scarawalsh Roundabout, which gives access to the N30 and the N80.' Part of the property has frontage onto the R772, and it is presented in two lots, separated by a field. 'This land is in an area of strong agricultural production,' said David. Selling agent David Quinn said the 'land quality is excellent, with free-draining soils that are suited to most agricultural activities.' 'Tillage and grassland are predominant around here, and this land quality is excellent, with free-draining soils that are suited to most agricultural activities.' Lot 1 consists of 11 acres fronting onto the R772, with a derelict farmhouse and outbuildings. The latter includes a four-bay round roof shed with two lean-to buildings, an open silage pit, concrete yard, cattle crush and dungstead. Lot 2 is 50 acres of top-quality land. Lot 3 is the entire property. The farm is convenient to a number of other major towns in the area, and the price guide is €16,000 to €18,000/acre. Read More 58-acre South Wicklow farm snapped up pre-auction

Laing O'Rourke wins contract for National Grid project in Wales
Laing O'Rourke wins contract for National Grid project in Wales

Irish Post

timean hour ago

  • Irish Post

Laing O'Rourke wins contract for National Grid project in Wales

LAING O'ROURKE has won the contract to deliver a significant project for the National Grid in Wales. The Irish-founded firm, which is headquartered in London, has been appointed to deliver network upgrade works at Margam substation in Port Talbot, Wales for the national energy provider. 'We're proud to be part of the Margam Connection Project delivery team, continuing our partnership with National Grid,' Laing O'Rourke's Managing Director for its Europe hub, Peter Lyons, said. 'Through early collaboration, we have worked together on the design and implementation programme, National Grid has valued both our unique operating model and our technical expertise. 'This project is another fantastic example of how we're helping to deliver cleaner and more secure energy for the UK.' The Margram Connection Project will see the expansion of the existing Margam substation site with a new 275kV gas-insulated substation. 'Our Margam Connection Project will help deliver a cleaner, more secure energy future for South Wales, while supporting sustainable growth in one of the region's key industries,' Richard Gott, project director at National Grid Electricity Transmission, said. Across Wales and England, National Grid is planning £35bn of investment in its transmission network between 2026 to 2031 to connect new clean power sources. See More: Contract, Laing O'Rourke, Wales

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