In brief: ISME confirms rise in crimes on firms
THE ISME say the National Crime Survey it released yesterday confirms the incidence and costs of crime against business has increased in the last 12 months, with the recession a significant reason. According to the survey 34pc of companies have been the target of criminal activity, up from 28pc the previous year. The retail sector was most affected. The most common crime reported was robbery by 34pc of respondents.
Ryanair May traffic up 11pc on last year
BUDGET airline Ryanair said its traffic for May increased 11pc year on year. During the month it carried 7.15 million passengers compared to 6.47 million in the same month last year. The company had a load factor of 82pc, up one percent on the same month last year. Overall, the airline has carried 74.9m passengers so far this year.
Airline starts extra New York service
Continental Airlines has started its additional summer service from Shannon to New York/Newark. The second daily Boeing 757 service will operate four times per week until September 6. Yvonne Muldoon, Continental's sales manager Ireland & Northern Ireland, said: "We are delighted to provide the extra capacity into Ireland to meet the increased demand over the summer months. This is the second year that we have added an extra four flights per week, bringing the total number of weekly flights from Shannon to 11."
Slight increase in activity for services
Activity in the services industry rose only marginally in May, with the NCB Services PMI rising to 50.5 from 50.2 in April. Any figure above 50 signals growth in the sector. NCB said that new business contracted last month with the reading falling from 50.6 to 48.2 -- the first decline in four months. It said this mainly reflected 'fragile' economic conditions in Ireland. However, the expansion of the euro zone's services economy slowed a little in May as business confidence dipped to its weakest in a year and a half, although inflation pressures started to ease.