Lower rates of social welfare signalledBUDGET CUTS: SOCIAL WELFARE payments should be cut to avoid existing poverty traps and “improve the benefit for working”, according…Sat Dec 05 2009 - 00:00
National debt charge to hit €4.6bn next yearTHE COST of servicing the national debt is set to increase by €2 billion next year, according to figures in the pre-budget White…Sat Dec 05 2009 - 00:00
Moody's threatens ratings cutINTERNATIONAL pressure on the Government to deliver its promised €4 billion-raising budget intensified yesterday after a credit…Fri Dec 04 2009 - 00:00
Jobless figures for November unchanged at 12.5% - CSOTHE RATE of unemployment remained unchanged at 12Thu Dec 03 2009 - 00:00
Revenue investigations yield €97m in third quarterTHE REVENUE Commissioners yielded more than €97 million from its audit and investigation programmes in the three months to the…Wed Dec 02 2009 - 00:00
Exchequer deficit over €22bnThe Government collected more tax in the key month of November than it had been anticipating a couple of months ago, according…Wed Dec 02 2009 - 00:00
How retail's big players are colonising the worldHOWEVER NICE the architectural packaging, the tenant line-up in shopping centres and retail thoroughfares increasingly tends …Tue Dec 01 2009 - 00:00
Shoppers north and south find comfort in a cold climateTALKING SHOPS: Belfast’s Victoria Square shopping complex has benefited not only from shoppers from the South, but also from…Tue Dec 01 2009 - 00:00
Docklands body will need aid over Glass Bottle siteTHE DUBLIN Docklands Development Authority said yesterday it would require financial assistance from the State as a result of…Fri Nov 27 2009 - 00:00
Study finds 30% tax relief on pensions could save €500mTHE INTRODUCTION of a single rate of tax relief on pension contributions would save public money and would be fairer, according…Thu Nov 26 2009 - 00:00
Industrial wages fall after overtime and bonus cutsCUTBACKS IN bonuses and overtime led to a fall in industrial sector wages in the second quarter of 2009, but average hourly earnings…Sat Nov 21 2009 - 00:00
Construction, manufacturing loans fall most - Central BankLENDING TO most sectors of the economy remains in decline, with loans to the construction and manufacturing sectors falling the…Sat Nov 21 2009 - 00:00
Tale of hubris and hypocrisy recounts what drew investors to the cult of MadoffBOOK OF THE DAY: The Believers: How America Fell for Bernard Madoff’s $65 billion Investment Scam By Adam LeBor Weidenfeld Nicolson…Tue Nov 17 2009 - 00:00
Retail Ireland seeks 20% rates cutRETAIL IRELAND, a group affiliated to employers’ lobby organisation Ibec, has called on local authorities to cut commercial rates…Mon Nov 16 2009 - 00:00
Zara's Irish stores lose €236,000 as costs riseFASHION CHAIN Zara made a loss of €236,000 from its nine Irish stores last year, compared to a profit of €1Mon Nov 16 2009 - 00:00
Planet BusinessTHE NUMBERS: 16 – The number of Rolex watches belonging to convicted fraudster Bernard Madoff to be auctioned off by US authorities…Fri Nov 13 2009 - 00:00
New job subsidies scheme has its work cut outANALYSIS: The softening of criteria for employers will get more of them into the subsidies system, but questions remain over…Fri Nov 13 2009 - 00:00
Lower rate of economic shrinkage predictedTHE ECONOMY will not contract by as much as previously expected next year, and the peak in the unemployment rate will be lower…Fri Nov 13 2009 - 00:00
Quarter of hotel rooms must close, says BaconA QUARTER of the hotel rooms in Ireland need to be closed down urgently because the sector in its entirety is insolvent, according…Thu Nov 12 2009 - 00:00
Company holding Barry's Hotel goes into liquidationTHE COMPANY behind Barry's Hotel, one of Dublin's oldest hotels and the scene of gunfire shortly after the 1916 Easter Rising…Wed Nov 11 2009 - 00:00
Peugeot's Irish distributor makes €51m pretax lossTHE GOWAN Group, which imports and distributes Peugeot cars in Ireland, made a pretax loss of €50Wed Nov 11 2009 - 00:00
Hotels sector insolvent, report findsA quarter of hotel rooms in Ireland need to be closed down urgently because the hotels sector in its entirety is insolvent, according…Wed Nov 11 2009 - 00:00
Loss makes Ulster Bank RBS's worst divisionULSTER BANK made an operating loss of £85 million (€95 million) in the third quarter as impairments soared and margins were squeezed…Sat Nov 07 2009 - 00:00
Standard of living likely to stay lower permanently, OECD warnsLIVING STANDARDS in Ireland are likely to remain “permanently lower”, the Organisation for Economic Co-operation and Development…Thu Nov 05 2009 - 00:00
The Square to get €250m expansionALMOST 20 years after Charles Haughey opened The Square town centre in Tallaght, it is to undergo its first major expansion project…Thu Nov 05 2009 - 00:00
OECD warning over living standardsLiving standards in Ireland are likely to remain “permanently lower”, the Organisation for Economic Co-operation and Development…Thu Nov 05 2009 - 00:00
Cuts in jobless payments 'may be necessary'UNEMPLOYMENT BENEFITS: UNEMPLOYMENT BENEFITS should be reduced in line with falling prices, according to the Organisation for…Thu Nov 05 2009 - 00:00
Fine Gael sets out economic stallFine Gael promised business people today the party would not "hinder" enterprise if it is elected to Government, but will help…Thu Nov 05 2009 - 00:00
Layoffs climb above 6,500 for OctoberTHERE WERE 6,561 redundancies in October, according to figures released yesterday by the Department of Enterprise, Trade and …Wed Nov 04 2009 - 00:00
Decline in public finances slowing, returns showTHE PUBLIC finances deteriorated further in October, but only slightly, according to the latest exchequer returns data from the…Wed Nov 04 2009 - 00:00
Tax revenues 17% lower this yearThe public finances deteriorated in October, but only slightly, according to the latest Exchequer returns data from the Department…Tue Nov 03 2009 - 00:00
Lending to households down 3.4% year-on-yearLENDING TO households and companies declined sharply in September, falling €4Sat Oct 31 2009 - 00:00
One More ThingThe murky past of SPVs; carbon tax likely for budget; euro-zone figures show a small pick-up in lendingFri Oct 30 2009 - 00:00
Moonduster writes down investment in Irish Continental Group by €30mMOONDUSTER, THE investment vehicle that made a bid for Irish Continental Group (ICG) in 2007, made a writedown of €30 million…Fri Oct 30 2009 - 00:00
Banks still tightening criteria on lendingIRISH BANKS tightened their criteria for lending to mortgage customers and businesses in the third quarter of 2009, while demand…Thu Oct 29 2009 - 00:00
Bank shares plunge as Lenihan signals delay over NamaLOAN TRANSFERS to the National Asset Management Agency (Nama) could be delayed until next year, Minister for Finance Brian Lenihan…Thu Oct 29 2009 - 00:00
Rate of decline in retail sales easing, review findsTHE RATE of decline in retail sales is levelling off, but consumers are spending the least amount per transaction in more than…Thu Oct 29 2009 - 00:00
Year-on-year lending falls for first time in euro zoneLENDING TO households and companies in Europe fell on an annual basis for the first time last month as the economic slump slashed…Wed Oct 28 2009 - 00:00
Irish banks tighten lending criteria - ECBIrish banks tightened their criteria for lending to mortgage customers and small businesses in the third quarter of 2009, while…Wed Oct 28 2009 - 00:00
Hutchison 3G turnover up by 47% last yearMOBILE PHONE company 3 Ireland increased its turnover by 47 per cent last year as the firm expanded its presence in the mobile…Tue Oct 27 2009 - 00:00
CRH drags on Iseq as banks get no respite from holidayDUBLIN REPORT: Iseq: 3,093.94 (–51Tue Oct 27 2009 - 00:00
Employers call for jobs stimulus package and carbon tax deferralCARBON TAX should be postponed, excise duties on alcohol cut and an “ambitious” jobs stimulus package introduced, employers’ …Tue Oct 27 2009 - 00:00
Shopping in North to cost exchequer €430m in lost taxCROSS-BORDER shopping will cost the Exchequer almost €430 million in lost tax revenues, according to new analysis by Ibec.Tue Oct 27 2009 - 00:00
Subdued week ends with Iseq closing 1.6% down on dayDUBLIN REPORT: Iseq: 3,145.72 (-36.05) Settlement date: October 28thSat Oct 24 2009 - 01:00
Soft landing for Iseq after turbulent day's tradingDUBLIN REPORT: Iseq: 3,252.80 (-25Thu Oct 22 2009 - 01:00
Fiscal expert says Nama plan is 'right approach'NEW YORK University professor Nouriel Roubini has said the Government’s plan for a National Asset Management Agency (Nama), is…Thu Oct 22 2009 - 01:00
CRH retreats on concerns over building sector in USDUBLIN REPORT: ISEQ: 3,278.39 (-15Wed Oct 21 2009 - 01:00
After-tax losses of $8.6m for JP Morgan Irish unitThe Irish unit of US investment bank JP Morgan made after-tax losses of $8.6 million (€5Wed Oct 21 2009 - 01:00
Merrill Lynch's Irish unit makes €1bn after-tax lossesMERRILL LYNCH, the US investment house taken over by Bank of America at the peak of the financial crisis, made after-tax losses…Wed Oct 21 2009 - 01:00
