Government should move away from one-off payments in budgets, says ESRI Think tank also claims money being set aside in two new State funds is modest in context of record €22.6bn corporate tax haulWed Oct 18 2023 - 17:30
State’s gender pay gap was 9.6% last year, CSO findsData indicates mean hourly earnings for males last year were €27.73 compared to €25.06 for femalesWed Oct 18 2023 - 12:45
Close to 1,600 companies to be hit with new 15% corporate tax rateLevy legislation to take up roughly half of Government’s Finance Bill, which is to be published on ThursdayTue Oct 17 2023 - 14:32
Spectrum Life to create 60 new jobs with new NI operationDublin-headquartered digital mental health group expands into Northern IrelandTue Oct 17 2023 - 07:48
Certa opens Ireland’s first HVO biofuel station in DublinDCC subsidiary says new Liffey Valley station is first to make HVO available at all pumps alongside diesel and unleaded petrolTue Oct 17 2023 - 07:34
Irish exports hit by global slowdown and fall-off in demand for Covid vaccines Latest trade numbers show value of merchandise exports for the first eight months of the year were down by 5%Mon Oct 16 2023 - 12:20
Are Irish workers really the most productive on the planet?CSO figures suggest Irish workers here generated €105 worth of value for every hour they worked in the second quarter, more than any other group of workersSun Oct 15 2023 - 13:16
Locking future governments into prudent budgeting marks a new departure Budget 2024: McGrath’s creation of two new long-term investment funds places significant obstacle in way of future finance ministers who might be tempted to splurge for political reasonsFri Oct 13 2023 - 05:00
Budget to boost incomes by 2%, insulating households from inflation – ESRIThink tank’s annual study of budgetary measures suggests there will be higher gains for low-income compared to high-income householdsFri Oct 13 2023 - 00:15
Temporary measures in budget no longer justified and risk stoking further inflation, says watchdog Irish Fiscal Advisory Council claims one-off measures run risk of fanning further inflationTue Oct 10 2023 - 20:23
Budget 2024 a prime example of tension between politics and economics Announcing an expansionary budget when economy is at full employment and inflation is high appears to be politically motivatedTue Oct 10 2023 - 17:11
Plans for €100bn wealth fund announced in budget to ‘future-proof’ public financesUp to €4.3 billion or 0.8 per cent of gross domestic product (GDP) generated from excess corporate tax receipts to be diverted to new sovereign wealth fundTue Oct 10 2023 - 13:19
Delivery of vital infrastructure limited by lack of workers, competitiveness council warnsGovernment must attract and retain foreign workers, National Competitiveness and Productivity Council saysThu Sept 28 2023 - 05:30
Government planning ‘significant’ one-off financial support for firms in budgetCoalition keen to back companies grappling with mounting cost of doing business, says Minister for Enterprise Simon CoveneyThu Sept 28 2023 - 00:00
Budget 2024: €65bn in surpluses to be revised down, McGrath signalsBudget is opportunity to prepare for harsh times rather than for landmark €11 billion budget package announced last year, says Minister for FinanceWed Sept 27 2023 - 20:58
Retail sales still robust despite marginal fall-off in AugustOverall sales remained relatively robust in August despite the current inflationary squeeze, latest figures showWed Sept 27 2023 - 12:28
Falloff in Irish agricultural prices bodes well for food pricesRecent price growth of agricultural commodities in the EU slowed sharply in the second quarter, according to EurostatTue Sept 26 2023 - 18:26
Australia’s ambassador urges Government to back trade deal despite farmer oppositionDeal would reduce prices and enhance trade opportunities despite misgivings of farmers here, says envoy to Ireland Gary GrayTue Sept 26 2023 - 08:07
After all their interventions, have Irish governments only made the housing crisis worse?We’ve had dozens of policies and strategies all feeding into a steadily worsening problem characterised by a widening affordability gapSun Sept 24 2023 - 12:24
Sinn Féin labels housing a ‘social disaster’ while promising biggest ever public housing programme if electedPearse Doherty claims crisis did not happen by accident but stems from Govermment’s decision to outsource provision of housing to private sectorFri Sept 22 2023 - 15:41
McGrath defends budget plan against criticism from Central Bank and IfacMinister insists he is getting balance between spending and saving the current tax windfall rightThu Sept 21 2023 - 20:31
European stocks drop as hawkish Fed overshadows Bank of England rate pauseIseq declines in line with continental peers, dropping close to 1% but central banks data globally enables AIB and BofI to advanceThu Sept 21 2023 - 18:20
Housing starts continue on upward trajectory despite wider construction slowdownBuilding Control Management System data point to pick-up in house commencements AugustThu Sept 21 2023 - 18:18
Bord na Móna reports record €95m profit on back of shift to renewablesSemi-State turns in best financial performance in 90-year history following strong wholesale energy pricesWed Sept 20 2023 - 13:05
Cheaper energy bills on the horizon if current trends continue, says ESB finance chiefState-owned utility reports record half-year operating profit of €676m for the six months to the end of JuneTue Sept 19 2023 - 18:02
OECD warns of slowing global economy as higher interest rates biteParis-based agency downgrades growth forecast for 2024, suggesting tighter financial conditions will curb demandTue Sept 19 2023 - 15:03
Budget 2024 spending plans could ‘destabilise the economy’, fiscal watchdog to warnIrish Fiscal Advisory Council adds voice to chorus of warnings about Coalition’s upcoming budget packageTue Sept 19 2023 - 13:00
Budget 2024: Coalition plans risk keeping inflation higher for longer, Central Bank warnsRegulator also downgrades growth forecast for Irish economy on back of capacity constraints and tougher monetary conditionsTue Sept 19 2023 - 00:00
Domestic capacity constraints to restrict economic growth, Central Bank warnsRegulator says capacity constraints in employment and housing point to moderate growth outlookTue Sept 19 2023 - 00:00
Dublin house prices fall at sharpest rate in three yearsIrish price inflation slows to 1.5% as mortgage costs take the heat out of property marketMon Sept 18 2023 - 15:31
Dublin needs better public transport, says business groupDublin Chamber says city’s commuter belt in the Greater Dublin Area and beyond needs better public transportMon Sept 04 2023 - 06:00
Investment firms with Irish subsidiaries pump €5.7bn into fossil fuels since Paris climate dealNew report claims Ireland is a ‘significant channel’ for global investment in fossils fuels and industrial agricultureMon Sept 04 2023 - 06:00
Xtremepush acquires UK-based Thunderbite for undisclosed sumDublin-based tech business says deal will offer a seamless experience for operators, driving growth and retentionMon Sept 04 2023 - 05:00
Confusing inflation outlook further complicated by two measures of price growthThe CSO’s two methods of calculating inflation - the CPI and HICP - have begun to diverge, reflecting a crucial shift in the inflation dynamic in IrelandSun Sept 03 2023 - 15:18
DAA ‘not in contention’ for Dublin Airport land as rivals table higher bidsThe airport operator had previously speculated that it would be the only bidder for the 260-acre site, which could be worth as much as €210 million and would have strategic importance for a future third terminalSun Sept 03 2023 - 14:23
Irish economy grows at reduced rate as multinational exports decline Latest national accounts show economy expanded by 0.5% in second quarter compared with first three months of yearFri Sept 01 2023 - 11:52
Irish manufacturing rebounds in August despite global slumpAIB’s purchasing managers’ index points to pick-up in new orders, particularly new export ordersFri Sept 01 2023 - 05:00
Average rent on new tenancies rises by nearly 9% to €1,544 a month Latest figures from the Residential Tenancies Board indicate the average rent on new tenancies in Dublin rose to over €2,100 per monthThu Aug 31 2023 - 12:49
Irish inflation unexpectedly rises to 4.9% in AugustIncrease was blamed on increases in the cost of home heating oil, transport fuels, airfares and package holidaysWed Aug 30 2023 - 11:47
IT workers still best paid but tech downturn triggers fall in wages Latest CSO data shows average weekly earnings for all workers in the Republic rose by 4.3 per cent year-on-year to €909.77Tue Aug 29 2023 - 12:47
Hvivo announces plans for bigger facility on back of ‘growing orderbook’Pharmaceutical services company formerly known as Open Orphan is to move to a new expanded facility in LondonTue Aug 29 2023 - 07:59
Eir paid out dividends of €1.85bn since French billionaire takeoverTelco said its fibre broadband customer base increased by 2 per cent year on year to 852,000 customersTue Aug 29 2023 - 07:35
Sinn Féin quietly jettisons controversial policies as power beckonsAs it plunges deeper into middle-class voting channels, the party is refining its tax policies and wooing big businessSun Aug 27 2023 - 12:27
European stocks give up early gains as euro dips on ECB rate pause expectationsWorld stocks whipsaw on Friday after balanced message from Federal ReserveFri Aug 25 2023 - 18:37
Banks may be penalised for not passing on higher rates to savers, McGrath signalsMinister for Finance says he plan to review scope and scale of State’s bank levy in the budgetFri Aug 25 2023 - 06:00
More sustained IT downturn would have ‘severe implications’ for public finances, department warnsDepartment of Finance’s annual taxation report says up to €11bn of last year’s corporation tax revenue should be treated as ‘potentially transitory’.Thu Aug 24 2023 - 14:06
Employment in Irish economy hits new 2.6m high despite global headwindsCSO’s latest Labour Force Survey highlights ongoing strength in the labour marketThu Aug 24 2023 - 11:43
Consulting firms accused of exploiting conflicts of interest around the world by Australian senatorInvestigation led by Deborah O’Neill into confidential data leak by PwC Australia’s head of international tax in which Irish operation namedThu Aug 24 2023 - 05:05
Irish consumer sentiment dips on negative jobs data and weakening global outlookLatest Credit Union Consumer Sentiment Index falls for first time in five months amid talk of another interest rate hikeThu Aug 24 2023 - 05:00
Rising mortgage rates to keep inflation higher for longer, warns competitiveness council Mortgage interest rate rises overtake energy prices as chief driver of price growth, says National Competitiveness and Productivity CouncilThu Aug 24 2023 - 01:00
