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Household spending rose 6.1% in January as consumers made new year plans

Household spending rose 6.1% in January as consumers made new year plans

While year-on-year growth in spending with travel agencies and airlines was ‘modest’, spending on hotels rose 4.9%

Tue Feb 18 2025 - 06:00
Liquidators appointed to Galway-based electric vehicle battery group Xerotech

Liquidators appointed to Galway-based electric vehicle battery group Xerotech

Move comes just months after group said it was planning to raise up to €30m, while investors have already put €44m into it

Mon Feb 17 2025 - 20:22
European shares rose to record levels amid Ukraine talks

European shares rose to record levels amid Ukraine talks

In Dublin, shares in Bank of Ireland closed lower following a landmark court ruling in Britain

Mon Feb 17 2025 - 18:47
Number of Irish people who regard themselves as healthy is highest in EU

Number of Irish people who regard themselves as healthy is highest in EU

However, separate report finds Ireland had the second highest rate of new cancer diagnoses among EU countries in 2022

Mon Feb 17 2025 - 00:01
Bank of Ireland to cut rates on 12 and 18-month term deposits

Bank of Ireland to cut rates on 12 and 18-month term deposits

Irish households put an additional €6.9bn into savings with banks and other financial institutions in 2024 compared with 2023

Fri Feb 14 2025 - 15:03
Number of new plug-in hybrid private cars licensed in January doubles

Number of new plug-in hybrid private cars licensed in January doubles

There were a total of 22,484 new private cars registered in January overall, which represented an increase of 8%

Fri Feb 14 2025 - 14:50
Pending 9% VAT rate for food and catering sectors to cost €675m

Pending 9% VAT rate for food and catering sectors to cost €675m

Licensed Vintners Association is pressing for cut to come in on budget day rather the following January 1st

Fri Feb 14 2025 - 10:17
Concern about impact of climate change falls sharply among Irish business leaders

Concern about impact of climate change falls sharply among Irish business leaders

Almost a third admit to not having made climate-friendly investments in past year, major report shows

Wed Feb 12 2025 - 06:00
Global markets inch higher despite US tariff concerns

Global markets inch higher despite US tariff concerns

One of the standout performers on the Irish index was Bank of Ireland, which climbed 2.3%

Tue Feb 11 2025 - 17:48
Ikea expands click-and-collect  service at Tesco stores to seven new sites

Ikea expands click-and-collect service at Tesco stores to seven new sites

Collection service allows customers to pick up Ikea goods without extra cost at 21 locations if order is worth more than €200

Tue Feb 11 2025 - 05:00
Phone masts deal worth €971m cleared by regulator

Phone masts deal worth €971m cleared by regulator

Competition watchdog gives green light to sale of Irish unit of Cellnex to Florida-based Phoenix Tower International

Mon Feb 10 2025 - 10:52
Dublin cocktail bar Peruke & Periwig to undergo significant renovations

Dublin cocktail bar Peruke & Periwig to undergo significant renovations

Work is part of wider investment across parent group’s 24 bars and restaurants

Sat Feb 08 2025 - 06:00
First houses built using 3D construction printing technology completed in Louth

First houses built using 3D construction printing technology completed in Louth

Three two-storey, three-bedroom terraced units, each with an internal area of 110sq m, delivered for local families

Thu Feb 06 2025 - 19:14
Mpox: Ireland’s first case of new strain detected

Mpox: Ireland’s first case of new strain detected

HSE says risk to public ‘remains low’, with individual receiving specialist care in east of country

Thu Feb 06 2025 - 18:15
Former Enterprise Ireland chief Leo Clancy to lead Ei Electronics

Former Enterprise Ireland chief Leo Clancy to lead Ei Electronics

Ei Electronics is an Irish-owned multinational that supplies fire and life safety products from its Shannon manufacturing base

Tue Feb 04 2025 - 18:00
Ireland’s reliance on foreign gas continues to grow significantly, data shows

Ireland’s reliance on foreign gas continues to grow significantly, data shows

Total demand in November was up 17% compared with a year earlier, as demand from power plants grew to highest level recorded

Tue Feb 04 2025 - 15:36
Manufacturing sector strengthens even as costs rise

Manufacturing sector strengthens even as costs rise

Latest purchasing managers index shows improvement in operating conditions for first time in three months

Tue Feb 04 2025 - 06:00
Affordability crisis in housing needs ‘systemic change’ in approach, report says

Affordability crisis in housing needs ‘systemic change’ in approach, report says

Private sector developments aimed at higher-income buyers ‘continue to overshadow public housing efforts’, report finds

Tue Feb 04 2025 - 06:00
Trump’s tariffs could directly affect about one-third of all Irish goods exports, KPMG warns

Trump’s tariffs could directly affect about one-third of all Irish goods exports, KPMG warns

US proposal to reduce corporation tax would reduce our own corporation tax take as well as our attractiveness for FDI, KPMG says

Tue Feb 04 2025 - 06:00
Diageo Northern Ireland tripled profits last year

Diageo Northern Ireland tripled profits last year

Guinness-maker highlights changing political landscape globally and the threat of tariffs as a key risk to its business

Tue Feb 04 2025 - 06:00
Irish shares fall amid Trump’s tariff threat

Irish shares fall amid Trump’s tariff threat

Euronext Dublin was down 1.6%, which was largely in line with international peers

Mon Feb 03 2025 - 17:30
Storm Éowyn: Some 56,000 homes, farms, businesses still without power as progress slows

Storm Éowyn: Some 56,000 homes, farms, businesses still without power as progress slows

Numbers without electricity down from peak of 768,000 following unprecedented impact of storm

Sat Feb 01 2025 - 15:06
Irish hauliers ‘really angry’ with delay to meeting with new Minister for Transport Darragh O’Brien

Irish hauliers ‘really angry’ with delay to meeting with new Minister for Transport Darragh O’Brien

Drivers claim O’Brien is not following through on compensation promised by his predecessor over the closure of Holyhead

Sat Feb 01 2025 - 06:00
Global stocks rise at the end of a volatile week for markets

Global stocks rise at the end of a volatile week for markets

Euronext Dublin dropped 1 per cent as the index was dragged by some of its bigger hitters, with weakness in the banks

Fri Jan 31 2025 - 17:54
Energy prices down by 2.7% over the 12 months to January

Energy prices down by 2.7% over the 12 months to January

Prices for consumer goods and services in Ireland increased by 1.5% over past year, data shows

Fri Jan 31 2025 - 16:51
National Children’s Hospital not world’s most expensive healthcare facility, report finds

National Children’s Hospital not world’s most expensive healthcare facility, report finds

New children’s hospital being built in Belfast more expensive per square metre and per bed

Fri Jan 31 2025 - 06:37
Séamus Coleman, Orla Kiely among recipients of Irish abroad award from Michael D Higgins

Séamus Coleman, Orla Kiely among recipients of Irish abroad award from Michael D Higgins

Ten people recognised for ‘profound impact on lives of others’ at ceremony in Áras an Uachtaráin

Thu Jan 30 2025 - 22:43
Daire Hickey steps down from RTÉ board

Daire Hickey steps down from RTÉ board

Businessman served on the organisation’s board through some of its most turbulent years

Thu Jan 30 2025 - 21:22
Storm Éowyn: Generators arrive in State from EU donors as still no power for 86,000 properties

Storm Éowyn: Generators arrive in State from EU donors as still no power for 86,000 properties

About 2,800 houses still without water as CAO deadline is extended for students in affected areas

Thu Jan 30 2025 - 17:35
Irish man (29) dies following fall at ski resort in Bulgaria

Irish man (29) dies following fall at ski resort in Bulgaria

A helicopter was dispatched but suffered technical difficulties and had to return to base before it could reach the man

Wed Jan 29 2025 - 21:32
Global technology stocks regain some ground

Global technology stocks regain some ground

Euronext Dublin finished the day up 0.8%, with healthcare services group Uniphar the main story

Tue Jan 28 2025 - 18:28
Hvivo to tackle whooping cough with its biggest ever human trial

Hvivo to tackle whooping cough with its biggest ever human trial

Condition affects about 16m people per year, and accounts for about 160,700 deaths in children younger than five

Mon Jan 27 2025 - 14:02
Cost of living concerns ease as Irish consumers eye Trump presidency

Cost of living concerns ease as Irish consumers eye Trump presidency

Consumer confidence at joint highest level since early 2022 when sentiment began to tumble as Russia invaded Ukraine

Mon Jan 27 2025 - 10:35
Ryanair says air fares are set to rise this year as delivery delays hit capacity

Ryanair says air fares are set to rise this year as delivery delays hit capacity

Airline recovers some ground lost in 2024 but its bottom line in first nine months of the year still lags last year by 12%

Mon Jan 27 2025 - 06:11
Storm Éowyn cost likely to be in hundreds of millions as insurers survey damage

Storm Éowyn cost likely to be in hundreds of millions as insurers survey damage

Higher premiums for consumers likely if severe weather strikes more often, industry figures warn

Fri Jan 24 2025 - 15:43
Students from UCD’s L&H through to final of The Irish Times Debate

Students from UCD’s L&H through to final of The Irish Times Debate

Irene Kellegher from the Cadet School, which trains cadets for the Defence Forces, was the winning individual in semi-final

Fri Jan 24 2025 - 11:16
Profits at John Player & Sons fall as cigarette market continues steep decline

Profits at John Player & Sons fall as cigarette market continues steep decline

Tobacco group said economic conditions ‘continue to create uncertainty’, particularly over demand for its products

Fri Jan 24 2025 - 09:57
Cabinet appointments criticised as only three women become Ministers

Cabinet appointments criticised as only three women become Ministers

Dáil approves Micheál Martin's new Cabinet by a margin of 97 votes to 72

Thu Jan 23 2025 - 21:30
Two teenage girls arrested after thefts from vulnerable adults in Dublin

Two teenage girls arrested after thefts from vulnerable adults in Dublin

A parent of one of the victims told RTÉ's Liveline how her son Joshua (23), who has Down syndrome, was coerced into handing over cash

Thu Jan 23 2025 - 21:26
Economy going through ‘moderation’ in growth with employment to slow, Ibec says

Economy going through ‘moderation’ in growth with employment to slow, Ibec says

Business lobby group’s latest economic outlook is forecasting GDP growth of 1.7% this year and 2.1% in 2026

Wed Jan 22 2025 - 06:00
Dublin’s private sector ended 2024 in ‘buoyant fashion’, S&P report finds

Dublin’s private sector ended 2024 in ‘buoyant fashion’, S&P report finds

Activity in the services and construction sectors continued to drive growth in the capital with both growing quicker

Mon Jan 20 2025 - 16:04
Revolut introduces instalment feature on credit cards

Revolut introduces instalment feature on credit cards

Scheme offers structured repayment instalments at either three, six, nine, or 12 monthly intervals at an interest rate of 9.5%

Mon Jan 20 2025 - 14:21
Avolon completes purchase of portfolio of planes in deal worth almost €1.2bn

Avolon completes purchase of portfolio of planes in deal worth almost €1.2bn

Acquisition from Castlelake includes a portfolio of 106 aircraft on lease and commitments for 10 new-technology aircraft

Fri Jan 17 2025 - 07:34
Programme for government: Three new junior minister roles to be created, bringing total to record of 23

Programme for government: Three new junior minister roles to be created, bringing total to record of 23

New Government’s plans criticised by opposition as lacking ambition

Thu Jan 16 2025 - 19:25
Tourism chiefs target bigger spenders to offset Dublin Airport cap

Tourism chiefs target bigger spenders to offset Dublin Airport cap

Limit on passenger numbers has already hit capacity from North America by 4% and from Britain by 3%, Alice Mansergh says

Tue Jan 14 2025 - 16:06
Bank of Ireland’s Susan Russell appointed president of lobby group BPFI

Bank of Ireland’s Susan Russell appointed president of lobby group BPFI

Separately, Deloitte Ireland has appointed Kate English as chief economist, which is newly formed role at the group

Tue Jan 14 2025 - 06:00
Six-storey building at One Westmoreland earmarked for a hotel is sold to private investor

Six-storey building at One Westmoreland earmarked for a hotel is sold to private investor

Property, which has been on the market since 2022, had an original guide price was €6m but sold for about €5.5m

Mon Jan 13 2025 - 18:24
Global stock indexes fall on fears that Fed may be finished cutting rates

Global stock indexes fall on fears that Fed may be finished cutting rates

Euronext Dublin lagged international peers as it dropped about 1%, led by builders Cairn Homes and Glenveagh Properties

Mon Jan 13 2025 - 18:14
Housing agency Clúid buys 328-unit residential development in Tallaght for almost €160m

Housing agency Clúid buys 328-unit residential development in Tallaght for almost €160m

Association putting apartments on market for social housing and its largest ever cost rental scheme

Fri Jan 10 2025 - 18:18
Value of card spending in November up almost 10% annually

Value of card spending in November up almost 10% annually

Increase in domestic card spending could be attributable to Black Friday effect and early Christmas shopping

Fri Jan 10 2025 - 15:53
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