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Budget 2021: Ireland faces five big economic challenges

Budget 2021: Ireland faces five big economic challenges

Covid-19 and Brexit form a bleak backdrop to plans for Government spending next year

Fri Oct 02 2020 - 05:51
Landlords urged to make ‘concessions’ to struggling businesses

Landlords urged to make ‘concessions’ to struggling businesses

Voluntary code of conduct suggests giving rent-free periods and splitting the cost of rent

Thu Oct 01 2020 - 08:55
Ireland had one of highest rates of home-working during Covid-19 crisis

Ireland had one of highest rates of home-working during Covid-19 crisis

EU survey finds Ireland had the second-highest levels of working from home after Belgium

Thu Oct 01 2020 - 08:02
Recurring Covid restrictions will kill off many viable businesses

Recurring Covid restrictions will kill off many viable businesses

Only a personal buy-in to good sense will defeat this virus, not ever-stricter rules

Wed Sept 30 2020 - 05:45
Unemployment falls only marginally as recovery stalls in face of new restrictions

Unemployment falls only marginally as recovery stalls in face of new restrictions

Latest figures put the headline rate at 14.7 per cent in September

Tue Sept 29 2020 - 15:26
Mortgage holidays keep arrears problem at bay

Mortgage holidays keep arrears problem at bay

Payment deficits fall in second quarter as banks give borrowers payment breaks

Mon Sept 28 2020 - 15:15
More financial firms setting up or expanding in Ireland despite Covid-19

More financial firms setting up or expanding in Ireland despite Covid-19

New Government legislation is expected to further fuel investment in the industry

Mon Sept 28 2020 - 04:47
Hotel bookings collapse in wake of additional Covid restrictions

Hotel bookings collapse in wake of additional Covid restrictions

Up to 88 per cent of hotel rooms expected to lie empty in November, survey finds

Sun Sept 27 2020 - 13:56
New lockdowns would cause lasting damage to banks, Moody’s warns

New lockdowns would cause lasting damage to banks, Moody’s warns

Agency says second wave of pandemic poses serious threat to global banking system

Thu Sept 24 2020 - 15:35
Staff to work from home for rest of year, 40% of bosses say

Staff to work from home for rest of year, 40% of bosses say

Digital and remote working trends accelerated under pandemic, poll finds

Thu Sept 24 2020 - 05:00
Coronavirus vaccine: 15 billion doses needed to inoculate the planet

Coronavirus vaccine: 15 billion doses needed to inoculate the planet

Only four to six plants in the world capable of producing vaccines on such a large scale

Wed Sept 23 2020 - 05:32
PropertyLocator.ie announces strategic tie-up with LawOnline

PropertyLocator.ie announces strategic tie-up with LawOnline

Commercial property and legal websites join forces to streamline process

Tue Sept 22 2020 - 00:10
European lockdown fears trigger worst stocks sell-off in three months

European lockdown fears trigger worst stocks sell-off in three months

Travel stocks slump as UK ponders national lockdown again

Mon Sept 21 2020 - 18:17
Irish consumers pessimistic about cost of living despite fall in prices

Irish consumers pessimistic about cost of living despite fall in prices

KBC Bank survey finds disparity between official inflation data and consumer perceptions

Fri Sept 18 2020 - 04:30
Slide in bank shares puts an end to market winning streak

Slide in bank shares puts an end to market winning streak

UK financial institutions struggle after Bank of England’s negative rates talk

Thu Sept 17 2020 - 18:39
Economy faces double shock of Covid-19 and hard Brexit, study warns

Economy faces double shock of Covid-19 and hard Brexit, study warns

ESRI research suggests no-deal Brexit would broaden range of sectors experiencing hit

Thu Sept 17 2020 - 09:54
Donohoe on Budget 2021: No new income tax, USC or PRSI

Donohoe on Budget 2021: No new income tax, USC or PRSI

Finance Minister says major changes in taxation would be counter-productive

Thu Sept 17 2020 - 06:16
‘Multi-year stimulus’ needed to restore Covid-depleted Irish economy

‘Multi-year stimulus’ needed to restore Covid-depleted Irish economy

Irish Fiscal Advisory Council calls on Government to use budget to announce package

Thu Sept 17 2020 - 06:14
House completions to hit 18,000 despite construction shutdown

House completions to hit 18,000 despite construction shutdown

Report says sector proving more resilient than anticipated in face of Covid-19 crisis

Thu Sept 17 2020 - 05:21
Government to frame Budget on basis of no-deal Brexit

Government to frame Budget on basis of no-deal Brexit

Donohoe says Budget 2021 will not bring in major tax increases

Wed Sept 16 2020 - 14:24
Ibec warns Ireland’s total Covid bill could reach €50bn

Ibec warns Ireland’s total Covid bill could reach €50bn

Employers’ group says Government needs to provide an extra €6bn package of supports

Wed Sept 16 2020 - 01:00
Will Ireland’s long winning streak on tax soon come to an end?

Will Ireland’s long winning streak on tax soon come to an end?

Our tax regime has withstood many attacks, but Brexit and Covid could change the game

Wed Sept 16 2020 - 01:00
State’s chief economist warns on public finances ahead of budget

State’s chief economist warns on public finances ahead of budget

Department of Finance’s John McCarthy highlights Republic’s precarious fiscal position

Mon Sept 14 2020 - 19:07
Wise to assume no-deal Brexit – Central Bank governor

Wise to assume no-deal Brexit – Central Bank governor

Gabriel Makhlouf warns economy likely to suffer economic shock from Brexit next year

Mon Sept 14 2020 - 17:16
Varadkar warns Ireland could suffer ‘multiple economic hits’

Varadkar warns Ireland could suffer ‘multiple economic hits’

Tánaiste compares Covid-19 pandemic to a war or an invasion

Fri Sept 11 2020 - 16:25
New mortgage contracts fall 35% as Covid-19 crisis dents activity

New mortgage contracts fall 35% as Covid-19 crisis dents activity

Figures show Irish borrowers are still paying higher rates than euro area counterparts

Fri Sept 11 2020 - 12:19
Planning permissions for new homes fall 30% due to Covid-19

Planning permissions for new homes fall 30% due to Covid-19

CSO figures show number of permissions granted between April and June was 6,807

Fri Sept 11 2020 - 11:21
Cost of building homes can be ‘much cheaper’

Cost of building homes can be ‘much cheaper’

Figures show cost of public sector building a three-bed home averages less than €300,000

Fri Sept 11 2020 - 06:00
European shares fall as ECB leaves policy unchanged

European shares fall as ECB leaves policy unchanged

Markets report: Most European sectors end in negative territory

Thu Sept 10 2020 - 21:49
Aryzta in advanced takeover talks with activist hedge fund

Aryzta in advanced takeover talks with activist hedge fund

‘No certainty’ that discussions will result in offer for embattled baked goods group

Thu Sept 10 2020 - 21:39
Negative narrative around Irish economy is ‘fundamental misreading’

Negative narrative around Irish economy is ‘fundamental misreading’

Ibec chief executive says Ireland likely to be one of this year’s top performing economies

Thu Sept 10 2020 - 18:26
Inflation hits 10-year low as restrictions push prices lower

Inflation hits 10-year low as restrictions push prices lower

Consumer prices 1% lower in August compared with same month last year

Thu Sept 10 2020 - 11:45
Johnson ‘adopting Trumpian madman’ approach to Brexit negotiations

Johnson ‘adopting Trumpian madman’ approach to Brexit negotiations

Former Irish ambassador to EU says UK’s position is increasingly difficult to gauge

Wed Sept 09 2020 - 17:54
Sterling weakens on souring Brexit talks

Sterling weakens on souring Brexit talks

Investec’s Justin Doyle says outlook for pound looks increasingly negative

Wed Sept 09 2020 - 13:12
Unemployment rate drops to 15.4% in August

Unemployment rate drops to 15.4% in August

Latest figures suggest as many as 359,288 are still unemployed

Wed Sept 09 2020 - 11:29
Unaffordable housing poisons youth view of Fine Gael and Fianna Fáil

Unaffordable housing poisons youth view of Fine Gael and Fianna Fáil

Bottom Line: Demographic locked out of market is deeply alienated from main parties

Wed Sept 09 2020 - 05:14
Expert says State needs to build 1.4m extra homes by 2050 to meet demand

Expert says State needs to build 1.4m extra homes by 2050 to meet demand

This equates to 49,000 new units a year for 30 years

Mon Sept 07 2020 - 18:58
Ireland in recession as economy contracts by more than 6%

Ireland in recession as economy contracts by more than 6%

Decline in economic activity from impact of Covid-19 offset by increase in value of exports

Mon Sept 07 2020 - 11:18
Pepper Money retreats from Irish lending market, citing ‘challenging conditions’

Pepper Money retreats from Irish lending market, citing ‘challenging conditions’

Shannon-based group to cease commercial lending business

Fri Sept 04 2020 - 16:00
Irish construction suffers record 45% contraction in output

Irish construction suffers record 45% contraction in output

Fall-off in activity as a result of coronavirus was nearly four times bigger than euro area average

Fri Sept 04 2020 - 12:07
Gig economy: What is it? Who works in it? Why is it in the news?

Gig economy: What is it? Who works in it? Why is it in the news?

Q&A: Over the past 20 years, there’s been a gradual shift from stable, permanent work

Fri Sept 04 2020 - 10:34
European shares drop as US tech rout turns contagious

European shares drop as US tech rout turns contagious

European tech stocks mark worst day in over four months

Thu Sept 03 2020 - 18:20
Public finances sink into €9.4bn deficit as pandemic spending soars

Public finances sink into €9.4bn deficit as pandemic spending soars

Corporation tax provides a bright spot, with income tax also resilient

Wed Sept 02 2020 - 16:30
Coronavirus: Epidemiology has been a political football from the get-go

Coronavirus: Epidemiology has been a political football from the get-go

Ireland now appears to be in a lose-lose scenario compared with Sweden

Wed Sept 02 2020 - 08:54
Housing units in planning system drop by 27% as coronavirus dents activity

Housing units in planning system drop by 27% as coronavirus dents activity

Report also warns of fall-off in demand in State’s rental sector due to travel restrictions

Tue Sept 01 2020 - 16:28
Rebound in manufacturing loses speed amid pick-up in coronavirus cases

Rebound in manufacturing loses speed amid pick-up in coronavirus cases

Latest AIB purchasing managers’ index remains positive but growth slows

Tue Sept 01 2020 - 05:40
European shares end lower on poor inflation data but gain for August

European shares end lower on poor inflation data but gain for August

Travel and leisure stocks outperform in August, adding nearly 15%

Mon Aug 31 2020 - 18:35
‘Staycation’ boom sparks accommodation and transport spend

‘Staycation’ boom sparks accommodation and transport spend

Central Bank data also show increase in eating out and various other entertainment

Mon Aug 31 2020 - 13:42
No comment from Aryzta on reported plans to sell off troubled US arm

No comment from Aryzta on reported plans to sell off troubled US arm

Baked goods manufacturer is reportedly ready to exit US market

Fri Aug 28 2020 - 20:51
Will Covid make the jobs market more unfair?

Will Covid make the jobs market more unfair?

Pandemic may accelerate divide between low-paid service jobs and more secure employment

Fri Aug 28 2020 - 05:25
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