Housing supply to fall further behind demand as rising costs hit investment, Goodbody warnsBrokerage’s latest housing supply tracker highlights weakening trend in commencementsWed Oct 26 2022 - 11:25
European markets hit one-month high as earnings offset economic gloomCompany updates help lift sentiment despite lingering worries about a European recessionTue Oct 25 2022 - 18:52
Martin Shanahan steps down as IDA chief executive earlier than expectedState agency announces competition to replace Shanahan while appointing Mary Buckley as interim chief executiveTue Oct 25 2022 - 16:16
Monart Spa owner returns to profit after pandemic hitGriffin Group announces plans for five-acre 1.5MW solar farm at the five-star Wexford hotelTue Oct 25 2022 - 16:13
Trading volumes at Irish ports improve as Covid disruption easesThe State’s seven ports handled 13.1 million tonnes of merchandise in the second quarterTue Oct 25 2022 - 15:47
Markets take back control as UK’s low tax gamble falls apartPost-Brexit Britain has no real notion of what it wants from the process or where it is going in policy termsSun Oct 16 2022 - 15:38
House price inflation slows again as higher borrowing costs cool marketLatest CSO figures suggest headline price growth fell 12% in AugustThu Oct 13 2022 - 11:15
Pandemic triggers decline in use of cash, Central Bank study findsResearch detects structural shift in use of cash since pandemic though it remains widely-used in Ireland and across EuropeThu Oct 13 2022 - 11:01
State may need to limit home-building to just 21,000 units a year to meet climate targetsStudy by the Irish Green Building Council suggests Ireland’s development targets may not be compatible with its climate targetsThu Oct 13 2022 - 06:00
Irish mortgage holders warned to brace for sequence of payment hikesData shows average interest rate applied to new mortgages remained roughly unchanged in AugustWed Oct 12 2022 - 15:30
Perfect economic storm will make 2023 ‘feel like a recession’Overlapping shocks include Russia’s war in Ukraine, surging inflation and slowdown in ChinaTue Oct 11 2022 - 18:57
IMF cuts global growth forecasts for fourth time this year, warning 2023 ‘will feel like a recession’ Washington DC-based fund blames deteriorating outlook on Russia’s invasion of Ukraine, inflation pressures and slowing Chinese economyTue Oct 11 2022 - 15:30
Up to 10,000 Irish businesses remain in state of financial distress post pandemic, Central Bank findsRegulator publishes two financial stability notes on wage supports and financial distress in wake of pandemicTue Oct 11 2022 - 12:31
European shares subdued amid growth concerns and geopolitical tensionsStoxx 600 falls for fourth straight sessionMon Oct 10 2022 - 18:41
An Cailín Ciúin becomes first Irish language film to gross over €1m at box officeComing-of-age drama and Irish entry for best international feature at the upcoming Oscars hits new milestoneMon Oct 10 2022 - 18:11
House prices continue to cool as interest rates tick upState’s largest estate agent Sherry FitzGerald reports a further slowing of price growth but says housing demand remains strongMon Oct 10 2022 - 13:31
Davy cuts growth forecast for Irish economy and warns on home completionsBroker warns higher input costs in construction sector will result in fewer-than-expected new houses next yearMon Oct 10 2022 - 06:28
UK turmoil set to hit Irish SMEs’ business there, Asia-focused think tank saysAsia Matters warns firms stuck in 'English language mode'Mon Oct 10 2022 - 04:54
Rising costs trigger 16% decline in business start-ups as economic uncertainty persistsFigures by credit risk analyst CRIFVision-net point to inflationary pressures, but optmism is high despite deteriorating outlookMon Oct 10 2022 - 00:15
Construction costs surge again with concrete levy impact yet to be feltBNP Paribas’s construction industry tracker detects pick-up in activity despite another jump in input costsMon Oct 10 2022 - 00:15
Does the ‘soft landing’ narrative for house prices stand up to scrutiny?The frenzied activity of the pandemic might be over but it’s uncertain whether price correction will follow in an era of higher inflationSun Oct 09 2022 - 11:52
Live Register total falls again as labour market tightensManufacturing output rises by 8.1% as prevalence of pharmaceutical firms helps Ireland defy deteriorating international outlook.Fri Oct 07 2022 - 12:24
European shares fall as investors fret about inflation, aggressive interest ratesThe pan-European Stoxx 600 index reverses early session gainsThu Oct 06 2022 - 18:55
Property market headed for ‘perfect storm’ of rising costs and flattening or falling pricesExperts, estate agents give verdict on ESRI’s latest assessment of market and whether house prices are 7% overvaluedThu Oct 06 2022 - 14:06
Irish property market likely to slow down with house prices overvalued by 7%, ESRI saysCost-of-living squeeze and higher interest rates likely to cool market, says think tank, but too early to say if prices will fallThu Oct 06 2022 - 00:01
Ireland’s corporation tax take unlikely to fall due to global reforms, ESRI saysGovernment has forecast OECD reforms could cost State €2m per yearThu Oct 06 2022 - 00:01
Withdrawal of Ulster Bank, KBC and branch closures negatively impacting servicesRegulator launches discussion paper to kickstart an upcoming review of the State’s consumer protection codeMon Oct 03 2022 - 15:13
Ireland ranks second worst across OECD for parental leave and worst for ‘public family policies’Study found parental leave package here at 7.6 weeks for mothers and just 0.5 weeks for fathers was second worst of 38 industrialised statesMon Oct 03 2022 - 13:22
Brexiteer fantasy of low-tax, Singapore-style economy gets slapped down by marketsTruss and Kwarteng’s low-tax plan to kickstart the UK’s underperforming economy triggers crisisSun Oct 02 2022 - 11:34
Ireland is facing biggest decline in living standards since the crash despite budget measuresHeightened levels of inflation will depress real wages, while a severe winter in Europe could trigger another round of energy price hikesFri Sept 30 2022 - 05:45
UK’s economic plan is nuts and could bankrupt economy, Ryanair boss claimsRyanair's Michael O'Leary assails UK government's economic planWed Sept 28 2022 - 13:35
Ryanair plans to grow Irish passenger traffic by 10m, creating 2,000 jobsAirline announces ambitious growth strategy for its Irish operations as carrier celebrates 35 years in businessWed Sept 28 2022 - 11:53
Donohoe unveils €11bn budget to combat inflationary squeezeBudget 2023: Government bids to combat cost of living crisisTue Sept 27 2022 - 19:18
Corporation tax windfall allows Government to spend big and save at the same timeBudget 2023: €11bn package is one of the biggest budget spends on record outside of the Covid eraTue Sept 27 2022 - 16:17
ICS Mortgages announces another interest rate hikeNon-bank lender says move reflects ongoing upward pressure on cost of financingMon Sept 26 2022 - 20:56
Credit union bailout fund now contains almost €50m Minister for Finance announces levy rate for credit unionsMon Sept 26 2022 - 16:48
Lagarde warns of future ECB rate hikes despite deteriorating growth outlookECB chief also warns that government interventions to date have been too broadMon Sept 26 2022 - 16:24
Global economy paying high price for Russia’s war of aggression, says OECDParis-based agency warns of slowing growth as monetary policy tightens and the possibility of recessions in several European ecnomiesMon Sept 26 2022 - 12:32
Republican Party’s anti-climate agenda threatens cosy alliance with Wall Street Some states are attempting to punish financial firms for climate-friendly investingSun Sept 25 2022 - 11:48
House price growth in Dublin slows significantly amid increased supply and higher interest ratesDNG’s latest house price gauge suggests the average price of a resale property in the capital increased by 6.4 per cent in the year to SeptemberSat Sept 24 2022 - 05:00
Inflationary squeeze triggers pick-up in corporate insolvenciesReport indicates the number of corporate insolvencies forecasted for the first nine months of 2022 is up by over a thirdFri Sept 23 2022 - 09:31
Global move on interest rates sends shudders through marketsBank of England and Swiss central bank follow US Fed in announcing further monetary tighteningThu Sept 22 2022 - 19:35
‘We’ll be poorer for longer’ if inflation gets embedded in economy, Donohoe warnsBudget must strike balance between helping households and keeping economy on sustainable path, Minister for Finance saysThu Sept 22 2022 - 06:00
Dutch MEP says Ireland needs to ‘match actions with words’ on taxHead of European Parliament’s subcommittee on tax matters wants Ireland to sign up to 15% corporation tax rateTue Sept 20 2022 - 17:01
Is a house price correction on the cards in Ireland?Ever-optimistic industry professionals talk about a slowdown, not a correction, but their predictions rarely play outSun Sept 18 2022 - 12:13
Too big a budgetary package could fuel further inflation, Seán Fleming warns Minister of State says budget must strike balance between helping households and keeping economy on sustainable pathFri Sept 16 2022 - 18:16
Government faces tricky ‘balancing act’ in trying to help households, Ifac saysCoalition needs to be more targeted in its approach to inflation, head of fiscal advisory council saysFri Sept 16 2022 - 05:05
Panda Power confirms closure of electricity and gas supply businessCustomers have less than two weeks to switch to new supplier or they will be moved to suppliers of last resortThu Sept 15 2022 - 10:02
Government cannot chase inflation, Donohoe warns ahead of budgetMinister for Finance says budget should not add fuel to the inflation fireWed Sept 14 2022 - 19:09
High rents now seen as main barrier to owning a property — surveyResearch suggests up to one third of people favour stricter rent controlsWed Sept 14 2022 - 18:11
