More than half of women entrepreneurs feel financially insecure, AIB survey finds
The survey, which took insights from women entrepreneurs and small business owners in Ireland to gauge their levels of financial security, found that more than half of the respondents said they believe their company would have to shut down entirely if they were unable to work for a period.
Almost three-quarters of women entrepreneurs said they were focused on business growth and 47 per cent said they were interested in seeking additional funding or investment over the next 12 months.
[ Ireland ranks third in Europe for investment in women-led start-ups ]
While just 52 per cent of business owners had sought financial advice for their business, 70 per cent had done so for their personal finances. Despite this, more than 90 per cent were open to receiving financial advice in either sector, if it was tailored to their needs.
While nearly three-quarters of respondents had a personal pension in place, just 30 per cent said they had established a pension plan through their business and one in five said they had not made any retirement plans at all.
Among those who had set up pensions, there was still uncertainty over how much income their pension would provide, at 36 per cent of respondents to the survey , which was carried out in conjunction with AwakenHub and Network Ireland. Read More Markets mixed as geopolitical tensions grow
'These findings show that while female business owners are incredibly driven and focused on growth, many are doing so without a financial safety net,' said Ciara Ryan, head of wealth at AIB.
Sinead Crowley, the co-founder of women entrepreneurs network, AwakenHub, said the findings 'illustrate a critical intersection between ambition and vulnerability in female entrepreneurship.'
'The fact that over half of respondents don't feel financially secure is significant,' she said.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
8 hours ago
- Yahoo
Why Medtronic (MDT) is a Top Value Stock for the Long-Term
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors alike. While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value, growth, and/or momentum characteristics. Why Investors Should Pay Attention to This Value Stock Finding good stocks at good prices, and discovering which companies are trading under their true value, are what value investors like to focus on. So, the Value Style Score takes into account ratios like P/E, PEG, Price/Sales, and Price/Cash Flow to highlight the most attractive and discounted stocks. Medtronic (MDT) In 2015, Medtronic, Inc. (the legacy NYSE-listed parent company, incorporated in Minnesota) acquired Ireland-based Covidien plc for cash and stock of $49.9 billion. The acquisition resulted in the formation of a new holding company incorporated in Ireland called Medtronic plc (the new Irish tax resident, NYSE-listed parent company holding both the legacy Medtronic and Covidien). MDT sits at a Zacks Rank #3 (Hold), holds a Value Style Score of B, and has a VGM Score of B. Compared to the Medical - Products industry's P/E of 18.5X, shares of Medtronic are trading at a forward P/E of 16.2X. MDT also has a PEG Ratio of 2.3, a Price/Cash Flow ratio of 11.6X, and a Price/Sales ratio of 3.4X. Value investors don't just pay attention to a company's valuation ratios; positive earnings play a crucial role, too. Two analysts revised their earnings estimate upwards in the last 60 days for fiscal 2026. The Zacks Consensus Estimate has increased $0 to $5.55. MDT has an average earnings surprise of 2.2%. With strong valuation and earnings metrics, a good Zacks Rank, and top-tier Value and VGM Style Scores, investors should strongly think about adding MDT to their portfolios. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Medtronic PLC (MDT) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Business Insider
10 hours ago
- Business Insider
Passengers are suing Delta and United, saying they paid for window seats that didn't actually have windows
Delta Air Lines and United Airlines are being sued by passengers who said they paid extra for a window seat, only to find a view of a wall. The pair of proposed class-action lawsuits filed Tuesday allege that each airline "has likely sold over a million windowless 'window' seats." Delta customers could spend over $70 to choose a seat, with $40 of that spent on upgrading to a higher ticket tier, the suit said. The complaint against United said the cost often exceeds $50 on domestic flights, and $100 on international ones. "For many, it is a special experience to see the world from 30,000 feet," both suits say. "Windows can captivate or distract an antsy child. For many with a fear of flying or motion sickness, windows provide a greater level of comfort in an otherwise stressful environment," they add. The suits say that Boeing 737 and Airbus A321 jets, and Delta's Boeing 757s, have blank walls instead of windows at some seats due to the placement of air conditioning ducts, electrical conduits, or other components. On a Boeing 737-800, this is at either seat 10A, 11A, or 12A, depending on the configuration, per the complaint. They add that competitors American Airlines and Alaska Airlines include warnings while booking that such seats don't have a window view — but United and Delta don't. Ryanair, the Irish budget airline and Europe's largest by passengers carried, also alerts customers and charges less for them, the suits say. Aviva Copaken, a plaintiff in the United suit, said she took three flights in May out of Los Angeles. She paid between $45.99 and $169.99 to choose a window seat on these flights, but none of them had a window, per the complaint. It adds that United has refunded her for two of them. Another plaintiff, Marc Brenman, said he used points to choose a window seat on a flight from San Francisco to Washington, DC, in April, but also found it didn't actually have a view. The airline refunded him 7,500 miles, but the suit says this was "insufficient to compensate him for the extra fees and benefits he utilized." The plaintiff in the suit against Delta, Nicholas Meyer, said he flew from New York to California earlier this month. On his connecting flight out of Atlanta, he sat in seat 23F on a Boeing 757-200, which turned out to be windowless, the suit alleges.
Yahoo
2 days ago
- Yahoo
E-bike licensing means ‘every bridge is Checkpoint Charlie', comedian says
A 'Checkpoint Charlie' situation has been created near London bridges by councils making contrasting decisions on licensing electric bikes, a comedian said. Irish stand-up Dara O Briain complained that e-bikes are 'stacking up' at river crossings between the boroughs of Hounslow and Richmond in the west of the capital. Lime, one of the rental companies involved, urged councils to collaborate so riders can 'travel seamlessly across boroughs' rather than face a 'patchwork of boundaries'. Hounslow has given permission for Forest and Voi's e-bikes to be used in its area, while Richmond has licensed rival company Lime. The latter said it has agreed to a request by Hounslow for its bikes' electric motors to cut out if riders enter the borough. This causes the bikes to become heavy to ride, resulting in many users ending their trips. The PA news agency saw about 30 bikes near the southern entrance to Chiswick Bridge on Monday night. Some were parked appropriately to the side of pavements, but others had been thrown in bushes or tipped over. O Briain, 53, likened the issue to the Checkpoint Charlie border crossing point between East and West Berlin during the Cold War. In a post on social media platform X, he wrote: 'Hounslow Council have banned Lime bikes, and licensed Forest and Voi; neighbouring Richmond has licensed Lime and banned the others. 'So every bridge is Checkpoint Charlie, with loads of Lime bikes parked on one side and loads of Forest and Voi on the other. Top work everyone!' Richard Dilks, chief executive of shared transport charity CoMoUK, said: 'This rather bizarre set of circumstances is an unfortunate outcome of the current situation in London, where regulation of bike sharing schemes is decided at borough level.' He said the English Devolution and Community Empowerment Bill going through Parliament could make Transport for London the capital's licensing authority for rental e-bikes, enabling a 'more coherent pan-London approach' to be designed. A spokesperson for Lime said the existing scenario is 'frustrating for riders'. She said: 'We've already been contacted by many of them who are disappointed at the new rules. 'They should not have to experience London as a patchwork of boundaries. 'We want to see councils work together so that residents can travel seamlessly across boroughs, without having to stop at borders.' Alex Berwin, head of policy at Forest, said the issue is 'exactly why we have been calling for a pan-London approach to regulation'. He went on: 'We need a single regulatory framework, one enforcement model and one operational rulebook across the capital, whilst ensuring services support the local needs of each borough.' A Voi spokesperson said its users are 'free to cycle across borough boundaries, but parking must be in designated bays within participating areas'. He added: 'We're working with local leaders and TfL towards a London-wide scheme to make cross-borough journeys simpler.' Hounslow Council and Richmond Council were approached for a comment. Rental e-bike companies say they encourage people to switch from cars to a more sustainable form of travel, but there have been long-standing concerns about users blocking pavements with the bikes after they finish their rides.
