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Too big a budgetary package could fuel further inflation, Seán Fleming warns

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 path

Fri Sept 16 2022 - 18:16
Government faces tricky ‘balancing act’ in trying to help households, Ifac says

Government faces tricky ‘balancing act’ in trying to help households, Ifac says

Coalition needs to be more targeted in its approach to inflation, head of fiscal advisory council says

Fri Sept 16 2022 - 05:05
Panda Power confirms closure of electricity and gas supply business

Panda Power confirms closure of electricity and gas supply business

Customers have less than two weeks to switch to new supplier or they will be moved to suppliers of last resort

Thu Sept 15 2022 - 10:02
Government cannot chase inflation, Donohoe warns ahead of budget

Government cannot chase inflation, Donohoe warns ahead of budget

Minister for Finance says budget should not add fuel to the inflation fire

Wed Sept 14 2022 - 19:09
High rents now seen as main barrier to owning a property — survey

High rents now seen as main barrier to owning a property — survey

Research suggests up to one third of people favour stricter rent controls

Wed Sept 14 2022 - 18:11
House prices show fresh signs of slowing as annual rate of increase falls to 13%

House prices show fresh signs of slowing as annual rate of increase falls to 13%

Latest CSO figures suggest cost-of-living squeeze and rising interest rates may be dampening demand.

Wed Sept 14 2022 - 11:19
European shares slide as US inflation heats up

European shares slide as US inflation heats up

The pan-European Stoxx 600 index snapped a three-session wining streak

Tue Sept 13 2022 - 18:05
Panda Power exits Irish market in face of soaring wholesale energy prices

Panda Power exits Irish market in face of soaring wholesale energy prices

Firm is fourth supplier to leave Irish market in recent months

Tue Sept 13 2022 - 14:04
Central Bank governor warns cost-of-living supports must be temporary

Central Bank governor warns cost-of-living supports must be temporary

Gabriel Makhlouf warns of uncertain economic backdrop in pre-budget letter to Minister for Finance

Mon Sept 12 2022 - 12:59
High inflation and ‘persisting uncertainties’ point to global slowdown, OECD warns

High inflation and ‘persisting uncertainties’ point to global slowdown, OECD warns

Agency says high-frequency data such as order books and confidence-indicators signal loss of momentum

Mon Sept 12 2022 - 12:05
Surging input prices plunge hospitality firms into difficulty, report warns

Surging input prices plunge hospitality firms into difficulty, report warns

Drinks Industry Group of Ireland study highlights impact of soaring energy and food prices

Mon Sept 12 2022 - 05:00
Businesses turned off by red tape associated with State grant schemes, survey finds

Businesses turned off by red tape associated with State grant schemes, survey finds

Survey by employers’ group Ibec highlights what enterprises see as obstacles to progressing their business

Mon Sept 12 2022 - 05:00
Housebuilding set to hit highest level since before financial crisis

Housebuilding set to hit highest level since before financial crisis

Latest BNP Paribas report warns positive output must cover sharp growth in population

Mon Sept 12 2022 - 00:01
If West’s main aim of Russian sanctions is to stop the war, they’ve failed

If West’s main aim of Russian sanctions is to stop the war, they’ve failed

So far Russia's economy is proving more resilient than expected

Sun Sept 11 2022 - 11:15
Financials push markets forward on monetary tightening expectations

Financials push markets forward on monetary tightening expectations

Shares mark their first weekly rise in four

Fri Sept 09 2022 - 18:35
Planning permissions for new homes still rising despite price squeeze

Planning permissions for new homes still rising despite price squeeze

CSO data indicate planning permission was granted for 11,374 new homes in the second quarter of this year

Fri Sept 09 2022 - 13:17
Irish households prepare for financial squeeze by saving more

Irish households prepare for financial squeeze by saving more

CSO points to pick-up in precautionary savings as economic outlook worsens

Fri Sept 09 2022 - 12:46
ECB says more rate rises likely as energy crisis deepens

ECB says more rate rises likely as energy crisis deepens

Bank raise interest rates by a record 75 basis points

Thu Sept 08 2022 - 18:57
ECB makes amends for forecasting errors with jumbo rate hike

ECB makes amends for forecasting errors with jumbo rate hike

Analysis: Central bank overhauls macroeconomic outlook as energy crisis deepens

Thu Sept 08 2022 - 16:30
Irish banks review non-tracker rates after ECB’s latest hike

Irish banks review non-tracker rates after ECB’s latest hike

Lenders appear reluctant to be first mover in raising variable and new fixed rates

Thu Sept 08 2022 - 15:47
Údarás na Gaeltachta appoints new chief executive

Údarás na Gaeltachta appoints new chief executive

Tomás Ó Síocháin takes over at helm of State body

Thu Sept 08 2022 - 14:32
ECB raises interest rate by three quarters of a percentage point

ECB raises interest rate by three quarters of a percentage point

Second substantial interest rate rise adds to pain for homeowners

Thu Sept 08 2022 - 13:16
Irish inflation moderates to 8.7% amid worst cost-of-living squeeze in decades

Irish inflation moderates to 8.7% amid worst cost-of-living squeeze in decades

Headline price growth drops for first time in 7 months

Thu Sept 08 2022 - 11:04
Construction output falls again as input prices soar

Construction output falls again as input prices soar

CSO data shows the volume of production in construction here decreased by 4.5% in the second quarter

Wed Sept 07 2022 - 12:45
Threat to global tax deal poses ‘significant’ risk to Ireland, Paschal Donohoe warns

Threat to global tax deal poses ‘significant’ risk to Ireland, Paschal Donohoe warns

If plan doesn’t work out, we’re back to square one, Minister tells pre-budget event

Wed Sept 07 2022 - 12:13
Malin sees value of investments jump 21%

Malin sees value of investments jump 21%

Dublin-listed life sciences group buoyed by clinical milestones of investee companies

Wed Sept 07 2022 - 09:02
Accountants in high demand as average earnings hit almost €120,000

Accountants in high demand as average earnings hit almost €120,000

Survey by Chartered Accountants Ireland reveals average earnings of almost €120,000

Wed Sept 07 2022 - 05:00
Inflation across OECD drops for first time since November 2020

Inflation across OECD drops for first time since November 2020

Latest figures suggest price growth across industrialised world moderated to 10.2% in July

Tue Sept 06 2022 - 12:20
Services output continues to grow despite price squeeze

Services output continues to grow despite price squeeze

CSO says the value of services produced in the Republic rose by 0.5% in July

Tue Sept 06 2022 - 11:29
Housing supply key to taming price growth and boosting affordability, says banking group

Housing supply key to taming price growth and boosting affordability, says banking group

Banking and Payments Federation Ireland (BPFI) welcomes recent increase in housing ouput

Tue Sept 06 2022 - 05:45
OECD’s tax chief Pascal Saint-Amans to step down after more than 10 years in the job

OECD’s tax chief Pascal Saint-Amans to step down after more than 10 years in the job

Saint-Amans spearheaded reform of the international tax system

Mon Sept 05 2022 - 15:59
Why we can’t throw the kitchen sink at inflation

Why we can’t throw the kitchen sink at inflation

Chasing the current price squeeze would be self-defeating and we don’t have the resources

Sun Sept 04 2022 - 13:21
Surging tax revenues provide Government with unprecedented war chest ahead of budget

Surging tax revenues provide Government with unprecedented war chest ahead of budget

Commission on Taxation and Welfare recommend consideration of ‘tourist tax’

Sat Sept 03 2022 - 00:01
Government’s position boosted ahead of budget with €6bn exchequer surplus

Government’s position boosted ahead of budget with €6bn exchequer surplus

Performance was driven by strong growth in corporation tax, income tax and VAT

Fri Sept 02 2022 - 16:31
Irish economy grows at more modest rate of 1.8% in second quarter

Irish economy grows at more modest rate of 1.8% in second quarter

GDP up by more than 11%, pointing to a strong bounce back from the pandemic period

Fri Sept 02 2022 - 11:48
Almost half of Irish households facing energy poverty, warns ESRI

Almost half of Irish households facing energy poverty, warns ESRI

Very hard to predict when levelling off of energy prices will happen, says senior researcher

Fri Sept 02 2022 - 08:56
Consumers to get help paying energy bills

Consumers to get help paying energy bills

Measures will target the less-well-off, those struggling on middle incomes and businesses, Paschal Donohoe says

Fri Sept 02 2022 - 00:05
Tax system’s over-reliance on multinational firms and employees poses serious risk — report

Tax system’s over-reliance on multinational firms and employees poses serious risk — report

Department finds a third of tax is generated by half a million taxpayers and 10 companies

Thu Sept 01 2022 - 16:34
Electric Ireland blames latest price hikes on volatility in wholesale market

Electric Ireland blames latest price hikes on volatility in wholesale market

State’s largest energy supplier blames increase on rising wholesale prices internationally

Thu Sept 01 2022 - 12:32
Manufacturers scale back output as inflation curbs demand

Manufacturers scale back output as inflation curbs demand

AIB’s latest PMI for sector points to gradual slowdown as price growth overwhelms consumers

Thu Sept 01 2022 - 05:00
Young generations face lower standard of living in retirement, study indicates

Young generations face lower standard of living in retirement, study indicates

Research by Central Bank highlights impact of changing population dynamics on intergenerational wealth

Wed Aug 31 2022 - 13:46
Unemployment lifts marginally in August but remains at two-decade low of 4.3%

Unemployment lifts marginally in August but remains at two-decade low of 4.3%

The unemployment rate remained at a two-decade low in August despite fears of an economic slowdown

Wed Aug 31 2022 - 11:38
Dalata moves back into profit as rebound from Covid continues

Dalata moves back into profit as rebound from Covid continues

Hotel chain reports after-tax profit of €46.7 million for the six months to the end of June

Wed Aug 31 2022 - 07:52
Irish inflation could top 13% in coming months, ‘driven by surge in energy prices’

Irish inflation could top 13% in coming months, ‘driven by surge in energy prices’

Headline rate ‘significantly above’ elevated figure now a distinct possibility, says stockbroker Davy

Mon Aug 29 2022 - 18:32
ICS announces sharp jump in variable mortgage interest rates

ICS announces sharp jump in variable mortgage interest rates

Mortgage lender announces 50% rise in interest rate for homeowners from October with lower increase on buy-to-let products

Mon Aug 29 2022 - 14:49
Ibec warns Government may need to widen budget measures if economy deteriorates

Ibec warns Government may need to widen budget measures if economy deteriorates

Employers group warns Government may need to go beyond the measures due to be announced in next month’s budget if economic conditions continue to deteriorate.

Mon Aug 29 2022 - 12:52
Ireland has a lot of problems – but economically has never been more prosperous

Ireland has a lot of problems – but economically has never been more prosperous

Pandemic lockdowns of 2020 trigger mini baby boom while Ukranian refugees add to influx of migrants

Sun Aug 28 2022 - 13:10
Mortgage activity declines as cost-of-living squeeze dampens market

Mortgage activity declines as cost-of-living squeeze dampens market

Banking & Payments Federation Ireland figures show number of approvals fell by nearly 12% in July

Fri Aug 26 2022 - 05:00
Vodafone to refund €2m to 74,000 customers who were charged after cancelling contracts

Vodafone to refund €2m to 74,000 customers who were charged after cancelling contracts

Company says those affected will be refunded using the email address that Vodafone has on record

Thu Aug 25 2022 - 12:49
Employment in Republic surges to 2.55m

Employment in Republic surges to 2.55m

CSO data points to strong pick-up in employment across most sectors and a corresponding decline in unemployment

Thu Aug 25 2022 - 12:04
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