LIMERICK Council earnt more than €2.6m from developer levies last year. These contributions are paid by developers to local authorities on receipt of plann.
Limerick s Live 95
Search By Live95 News Team via Getty Images The latest EY Economic Monitor for Limerick has revealed there is some cause for optimism despite major and unprecedentent disruption caused by Covid-19.
The biannual report shows Limerick has shown resilience during the pandemic, with a key indicator being the creation of 860 new jobs and 194 start-ups to end of the first quarter of 2021.
Another positive was that residential investment from August to end of February was €250m.
The report found that Limerick has performed relatively well compared to other counties during the pandemic, however, the impact of COVID-19 has been dramatic, with 16,433 people in receipt of PUP and 10,659 people in receipt of the Employment Wage Subsidy Scheme as of 22 Feb 2021.
Limerick on course for recovery - EY Economic Monitor rte.ie - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rte.ie Daily Mail and Mail on Sunday newspapers.
Limerick s resilience during Covid-19 highlighted in new report
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THE number of new job announcements in Limerick during the first quarter of this year exceeded the figure for the same period in 2020, a new report has found.
A total of 860 new jobs were announced in the first three months of 2021 - representing a 217.3% year-on-year increase.
According to the latest Limerick Economic Monitor, 520 of the new jobs are full-time positions.
The biannual report, which is prepared by EY for Limerick City and County Council, reveals that despite the unprecedented challenges of the past year, Limerick has shown resilience during Covid-19.
Limerick council joins partnership to realise full potential of green energy economy
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MOU: Pat Slattery, Tipperary County Council; Liam Conneally, Clare County Council; Vincent Murray, Limerick City and County Council with Eamonn Murphy, Chair of the Mid-West Regional Enterprise Plan );
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LIMERICK City and County Council has announced a new partnership to examine ways to fully realise the potential of the region when it come to the green digital economy.
The region is approaching a ‘once in a generation’ opportunity to transform itself and the economic opportunities provided to its residents.
A coordinated regional approach is underway to maximise the regional benefits that can be gained from the significant renewable energy potential off the Atlantic coast.