Central Bank reports 57% drop in profit as higher interest rates hit balance sheetRegulator links smaller surplus to greater provisioning against higher interest rates and a fall in interest incomeWed May 24 2023 - 16:52
Employment in Irish economy surges to new high of 2.6m despite price squeezeNumber of working-age adults in employment increased by 102,700 or 4.1 per cent in the last year, latest CSO figures indicateWed May 24 2023 - 12:02
Typical income of first-time buyers of new homes in State above €90,000Banking and Payments Federation Ireland notes affordability gap in Irish property market via reportWed May 24 2023 - 00:00
Dublin councils paying up to twice as much for social housing than regional counterpartsSignificant disparity in construction costs between Dublin councils and other local authorities, according to Department of Housing’s internal figuresTue May 23 2023 - 05:00
European stocks muted as concerns linger over US debt ceilingPan-European Stoxx 600 index largely unchanged, after touching a more than one-year high on FridayMon May 22 2023 - 18:27
Wholesale electricity prices down 42.5% but consumers told not to expect lower bills yetCSO data point to major fall-off in wholesale energy prices from peak of energy price surge last yearMon May 22 2023 - 13:30
State-backed organisation to invest €68m in leading decarbonisation funds Ireland Strategic Investment Fund signals cash injection for emerging domestic decarbonisation and energy tech firmsMon May 22 2023 - 05:30
Dublin has third lowest level of low-cost housing in worldJust 1.23 per cent of properties in Dublin are on the market for less than half the median price, report saysSun May 21 2023 - 16:57
Majority of taxpayers want more energy credits to battle cost-of-living squeeze Irish households have received three lump sum credits to the value of €200 each, totalling €600Sun May 21 2023 - 15:15
Emissions data send Government into spin modeEurostat figures once again paint Ireland as Continent’s chief climate villain, but they overstate our carbon footprintSun May 21 2023 - 14:03
C&C shares plunge after company incurs €25m charge related to new system headacheDrinks company also announces departure of chief executive David Forde, who steps down after almost three yearsFri May 19 2023 - 07:53
European stocks climb on US debt ceiling optimismInvestors weigh risks of further monetary policy tightening by European Central Bank and of US recessionThu May 18 2023 - 18:52
Housing starts continue to rise despite hike in construction costsCommencement notices for the construction of 9,928 new homes were received by the Building Control Management System between January and AprilThu May 18 2023 - 18:43
State exports €51bn of goods in first quarter as trade continues to boomCSO figures show exports of medical and pharmaceutical products accounted for nearly 40 per cent of totalWed May 17 2023 - 13:06
House price inflation slows to 3.9% as interest rates biteYear-on-year inflation in Dublin softens to just 1.7 per cent as higher interest rates and wider inflationary pressures curb demandWed May 17 2023 - 11:22
Euro zone inflation accelerates to 7% in April, confirming preliminary dataUnderlying price growth, a key focus of policymakers, however, slowsWed May 17 2023 - 10:42
Euro zone growth expected to slow further in face of rising interest rates, survey findsLatest Bank of America European fund manager survey indicates investors believe continent will avoid recession despite fall-off in demandTue May 16 2023 - 16:10
Fragmenting global trade could trigger higher levels of inflation, warns Central Bank governor Gabriel Makhlouf says changes in the availability of goods and services can affect prices, necessitating more aggressive interest rate adjustmentsTue May 16 2023 - 12:33
Brexit triggers ‘significant decline’ in EU-UK tradeEuropean Central Bank research also indicates that a significant number of UK firms have ceased trading with the EU due to increased bureaucracyMon May 15 2023 - 16:20
Irish economy to keep growing even as European Commission warns of ‘persistent’ inflation Spring forecast paints upbeat picture of domestic economy, with strong exports and resilient consumer demand expected to drive growthMon May 15 2023 - 10:29
Budget surplus: Throwing money at Ireland’s social problems is not the answer With a predicted €65bn in surpluses, the Government has to work out how to invest sensibly in public services and avoid overheating the economySun May 14 2023 - 13:44
Ireland’s inflation rate drops to 7.2% but it will bring little relief to householdsHeadline rate was down from 7.7 per cent the previous month and was linked to falling energy prices internationallyThu May 11 2023 - 11:33
Avonmore owner reports €3bn turnover on back of record dairy pricesTirlán sold 423,000 tonnes of dairy products and ingredients in 100 markets last yearWed May 10 2023 - 13:18
State likely to suffer sharp funding shortfall within five years, commission warnsMembers of the Commission for Taxation and Welfare due before Oireachtas Committee on Budgetary OversightWed May 10 2023 - 04:54
Ireland will avoid financial scrutiny under new fiscal rules, says watchdogIrish Fiscal Advisory Council says the inflated nature of Ireland’s GDP figures mean we will easily comply with new frameworkTue May 09 2023 - 18:32
Shift to buying electric and hybrid cars acceleratesElectric vehicles account for 17% of all new vehicles licensed in the State so far this yearTue May 09 2023 - 12:54
Vacant property tax generally backed by public but most want rate to be more penal, survey findsOver 70% of those backing tax to increase housing supply think rate should be at least almost five times the current 0.3% - Taxback.com surveyTue May 09 2023 - 05:00
European shares end higher, lifted by healthcare and bank stocksAIB and Bank of Ireland enjoy positive sentimentMon May 08 2023 - 18:16
Number on live register falls marginallyPeople between ages of 25 and 54 account for two-thirds of all claimantsMon May 08 2023 - 12:04
Real wages decline ramps up pressure on Government ahead of budgetAnalysis: Government needs inflation to come down fast in order to deflect growing demand to spendTue Apr 25 2023 - 14:21
Irish workers experience sharp dip in living standards as inflation erodes pay rises — OECDIrish workers also ended up paying more tax on lower real income, body saysTue Apr 25 2023 - 10:09
Hvivo sees revenue jump 30% to £50.6 million on back of bigger contracts Dublin and London-listed pharmaceutical company says results were driven by strong trading and execution of challenge trialsTue Apr 25 2023 - 07:51
Rising farmland prices linked to incoming environmental regulationsReport indicates most expensive land in State is in Kildare with good quality land across different plot sizes fetching an average of €15,056 per acreTue Apr 25 2023 - 00:15
LGIM votes against pay awards at CRH, Greencore and FlutterUK money manager se its ownership of companies to push for greater ESG (environmental, social and governance) standardsTue Apr 25 2023 - 00:01
Irish workforce among most productive in the world, CSO report findsMultinationals skew figures higher, Productivity in Ireland report indicates, as workers here add €102 of value per hour of work on average in 2021Mon Apr 24 2023 - 11:16
Corporate insolvencies up 22% with cost inflation and higher interest rates burdening firmsFigures from Deloitte indicate more than 145 business failures recorded in first three months of the yearMon Apr 24 2023 - 05:45
AIB to give staff suffering domestic abuse 10 days of paid leave Lender announces suite of new measures to support employees who have suffered domestic violence or abuseMon Apr 24 2023 - 05:30
Lidl’s new distribution centre in Mullingar the same size as nine Aviva StadiumsGerman retailer opens one of the State’s biggest distribution centres on back of €80 million investmentSun Apr 23 2023 - 15:56
UK needs not ‘Brexit opportunities’ minister but a firefighting oneInstead of reaping rewards from its EU divorce, the government is busy putting out fires related to leaving the blocSun Apr 23 2023 - 12:27
Bord Pleanála ‘legal problem’ puts planning permission for 27,000 homes at riskSeen and Heard: More homes caught up in planning issues, Pernod Ricard’s Jameson whiskey exports to Russia and Ifac’s warning on economySun Apr 23 2023 - 11:05
Government runs record €8bn budget surplus in 2022 as tax revenue surgesLatest CSO figures also show that gross general government debt fell by €11.4 billion to €224.8 billion at the end of last yearThu Apr 20 2023 - 11:57
ECB warns it will raise interest rates as long as core inflation remains highDutch central bank chief says he is ‘not uncomfortable’ with current market pricingThu Apr 20 2023 - 05:00
Rocketing budget surplus exerts pressure on Government to share the wealthAnalysis: Coalition focus on building up rainy-day fund now appears unambitious and lacking strategic focusWed Apr 19 2023 - 05:00
Giveaway budget likely after latest ‘windfall’ corporate tax forecastReceipts will help equip Coalition with cash surplus as pressure for spending hikes growsWed Apr 19 2023 - 01:00
How many new homes will be constructed in Ireland this year?Getting an accurate picture on house completions is difficult given the various measures availableMon Apr 17 2023 - 17:35
Obama’s ‘back of the queue’ prediction for UK proves entirely accurate Former US president said US-UK trade deal wouldn’t be priority if UK left EU and so it has come to passSun Apr 16 2023 - 13:42
New law may allow State recoup 50% of land value increase after rezoningLocal authorities set to secure 30% of any land value increase arising from planning and development decisionsFri Apr 14 2023 - 04:00
Luxury shares boost Europe’s Stoxx 600, French stocks hit record highEuropean stocks more than recoup last month’s declines with gains of 1.4% so farThu Apr 13 2023 - 19:40
More than 1,300 buyers approved for Government’s First Home SchemeLatest figures show buyers in Dublin, Cork, Kildare, Meath and Wicklow the ‘heaviest users’ of shared-equity arrangementThu Apr 13 2023 - 18:05
Demand for office space in Dublin slumps as tech layoffs and hybrid working hit demandCBRE highlights fall-off in leasing activity but insists first quarter is traditionally slowWed Apr 12 2023 - 17:22
