Ireland rises in world rankings for doing business

Ireland is ranked 13th in the world and second in the eurozone for ease of doing business, according to the World Bank.

The index, which is released every year, looks at how easy it is for a business to start up in a country and the level of red tape involved in everyday business activities.

Ireland was 15th last year, although it would have been in 17th if the same methodology had been used for both years.