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Retail sales up 0.5% in September as inflation eases

Retail sales up 0.5% in September as inflation eases

CSO says sectors with the highest monthly volume increases were electrical goods; books, newspapers and stationery

Tue Oct 29 2024 - 11:30
What we really need is a low-cost Ryanair for housing

What we really need is a low-cost Ryanair for housing

The construction industry says it can’t build homes at affordable rates or for people on average incomes, but is the cost of construction really the obstacle?

Sun Oct 27 2024 - 12:35
Sanctions forcing Russia to ‘cannibalise’ chips from washing machines, says US envoy

Sanctions forcing Russia to ‘cannibalise’ chips from washing machines, says US envoy

Mark Gitenstein says Moscow cannot win an industrial war with the West

Thu Oct 24 2024 - 15:10
Housing shortage is State’s top concern - Harris

Housing shortage is State’s top concern - Harris

Taoiseach seeks to reassure US firms on infrastructure issues

Thu Oct 24 2024 - 11:23
EU’s new fiscal rules pose risk to public finances -  Ifac

EU’s new fiscal rules pose risk to public finances - Ifac

Budgetary watchdog will warn Ireland likely to avoid any financial scrutiny under revamped version of fiscal rules

Wed Oct 23 2024 - 06:00
Global battle against inflation largely won, IMF says

Global battle against inflation largely won, IMF says

Washington-based fund delivers upbeat assessment of global economy while warning of risks from escalating geopolitical conflicts

Tue Oct 22 2024 - 14:00
Nearly two thirds of Irish SMEs have reduced or stopped using British suppliers since Brexit

Nearly two thirds of Irish SMEs have reduced or stopped using British suppliers since Brexit

New survey by the Strategic Banking Corporation of Ireland (SBCI) reveals ‘stark changes in Irish SME trading patterns with Britain’ after EU departure

Mon Oct 21 2024 - 12:28
Kingspan acquires majority stake in Sweden’s Nordic Waterproofing

Kingspan acquires majority stake in Sweden’s Nordic Waterproofing

Cavan-based insulation maker says move will lift its annualised roofing and waterproofing revenues to approximately €1bn

Mon Oct 21 2024 - 08:23
Building a two-bed apartment in Dublin now costs almost €600,000

Building a two-bed apartment in Dublin now costs almost €600,000

Department of Housing cost study assessed cost of delivering four different building types in the Greater Dublin Area

Mon Oct 21 2024 - 06:00
New project to explore potential for restoring oyster reefs in Dublin Bay

New project to explore potential for restoring oyster reefs in Dublin Bay

University College Dublin teams up with Codling Wind Park to promote and enhance marine biodiversity

Mon Oct 21 2024 - 00:01
Irish firms less worried about geopolitical disruption than counterparts abroad

Irish firms less worried about geopolitical disruption than counterparts abroad

Grant Thornton survey indicates just quarter of Irish businesses believe ongoing geopolitical uncertainty will diminish growth potential

Mon Oct 21 2024 - 00:00
Five economic battlegrounds that could affect the next election result

Five economic battlegrounds that could affect the next election result

From house prices to cost of living, the Government and Opposition parties need to win on these issues during any upcoming campaign

Sun Oct 20 2024 - 12:10
What’s happening with house prices?

What’s happening with house prices?

August was the 12th consecutive month to see an increase in property price inflation, a worrying trend for prospective buyers

Fri Oct 18 2024 - 06:00
Interest rates: Borrowers set to save more than €2,000 as series of new cuts expected

Interest rates: Borrowers set to save more than €2,000 as series of new cuts expected

Rate cutting pattern is expected to continue until June 2025

Fri Oct 18 2024 - 01:00
ECB’s latest rate reduction will help borrowers but egg on house prices

ECB’s latest rate reduction will help borrowers but egg on house prices

Markets are already pricing in four more rate cuts between now and March

Thu Oct 17 2024 - 14:58
‘We’re breaking the neck of inflation,’ says Lagarde as ECB cuts rates again

‘We’re breaking the neck of inflation,’ says Lagarde as ECB cuts rates again

Frankfurt-based central bank trims key deposit rate by 25 basis points to 3.25 per cent

Thu Oct 17 2024 - 13:16
Euro zone inflation slows more than expected, paving way for ECB rate cut

Euro zone inflation slows more than expected, paving way for ECB rate cut

Consumer price growth across the single currency bloc moderated to 1.7 per cent in September from 2.2 per cent the previous month

Thu Oct 17 2024 - 11:42
Irish house prices return to double-digit growth

Irish house prices return to double-digit growth

Latest official figures indicate that property prices nationally rose at an annual rate of 10.6%

Wed Oct 16 2024 - 11:13
Chambers denies Finance Bill fast-tracked for election

Chambers denies Finance Bill fast-tracked for election

Minister for Finance Jack Chambers says plan is part of a new EU-wide focus on medium-term budgetary policies

Tue Oct 15 2024 - 15:16
Famed Dublin fashion outlet Alias Tom goes into liquidation amid mounting losses

Famed Dublin fashion outlet Alias Tom goes into liquidation amid mounting losses

‘Move toward less formal workwear’ cited as one reason for move

Tue Oct 15 2024 - 13:27
Ireland’s tax system is most progressive of any advanced economy, report finds

Ireland’s tax system is most progressive of any advanced economy, report finds

Department of Finance says State’s taxation and welfare system does more to reduce income inequality than any other OECD economy

Wed Oct 02 2024 - 12:28
Irish unemployment remains at near historic low of 4.3%

Irish unemployment remains at near historic low of 4.3%

Jobless rate of 4% or lower in Irish labour market considered tantamount to full employment

Wed Oct 02 2024 - 12:17
Budget 2025: Extending Help to Buy may drive up property prices, PBO warns

Budget 2025: Extending Help to Buy may drive up property prices, PBO warns

Parliamentary Budget Office describes scheme as a demand side intervention to address a supply side deficit

Wed Oct 02 2024 - 09:10
Budget will provide six-month sugar rush - but perhaps only incremental change on housing and health

Budget will provide six-month sugar rush - but perhaps only incremental change on housing and health

Budget 2025: Will it alter our shaky trajectory on housing? Will it end emergency department overcrowding in hospitals?

Wed Oct 02 2024 - 06:00
Corporation tax receipts forecast to swell to €37bn a year by 2030

Corporation tax receipts forecast to swell to €37bn a year by 2030

Budget 2025: Forecast for corporation tax made in annual economic and fiscal outlook, published by Department of Finance

Tue Oct 01 2024 - 19:28
Irish savers move more of their money into accounts with higher interest rates

Irish savers move more of their money into accounts with higher interest rates

Retail banks have been criticised for failing to increase their deposit rates in line with European Central Bank rate levels

Mon Sept 30 2024 - 16:19
Inflation drops to three-year low as global energy shock fades

Inflation drops to three-year low as global energy shock fades

Latest harmonised index of consumer prices (HICP) drops to lowest level since 2021

Mon Sept 30 2024 - 11:20
Why Ireland has Scandinavian prices but without the salaries to justify them

Why Ireland has Scandinavian prices but without the salaries to justify them

There are several partial explanations for Ireland’s high-price culture but there’s no smoking gun

Sun Sept 29 2024 - 13:00
Budget 2025 will cost €10bn and make you roughly €1,000 richer. But it’s not all sorted yet

Budget 2025 will cost €10bn and make you roughly €1,000 richer. But it’s not all sorted yet

The projected €10 billion plus package of permanent and temporary measures is expected to put up to €1,000 in the pocket of the average worker

Fri Sept 27 2024 - 06:00
ESRI warns Government against delaying residential zoned land tax

ESRI warns Government against delaying residential zoned land tax

Institute claims proposed tax is one of few ways policymakers could reduce cost of housing

Thu Sept 26 2024 - 00:00
Global economy ‘turning a corner’ as inflation fades and interest rates come down

Global economy ‘turning a corner’ as inflation fades and interest rates come down

OECD says real wage growth is supporting household incomes and spending but rising geopolitical tensions pose risk to outlook

Wed Sept 25 2024 - 13:14
One in eight home buyers using gifts or inheritances to get on property ladder, research shows

One in eight home buyers using gifts or inheritances to get on property ladder, research shows

Banking and Payments Federation of Ireland finds renewed reliance on family to afford a homes

Tue Sept 24 2024 - 00:00
European shares end higher as markets bet on more ECB policy easing

European shares end higher as markets bet on more ECB policy easing

The pan-European Stoxx 600 index closes 0.4 per cent higher

Mon Sept 23 2024 - 19:37
Many Irish homebuyers paying a minimum of 10% above asking price amid ‘intense competition’

Many Irish homebuyers paying a minimum of 10% above asking price amid ‘intense competition’

Bank of Ireland highlights competition for homes as property continues to suffer from undersupply

Mon Sept 23 2024 - 06:00
Tax changes in last budget helped boost lower paid worker incomes

Tax changes in last budget helped boost lower paid worker incomes

Living Wage Technical Group revises down the minimum hourly pay required for a full-time worker without dependents to afford basic goods and services

Mon Sept 23 2024 - 06:00
Most tasks in nearly a third of professions could be automated by AI

Most tasks in nearly a third of professions could be automated by AI

Rapid expansion of large language models (LLMs) and GenAI technologies will usher in a major shift in how work will be performed, study finds

Mon Sept 23 2024 - 06:00
Sinn Féin’s Goldilocks problem: why can’t the party get things just right with voters?

Sinn Féin’s Goldilocks problem: why can’t the party get things just right with voters?

Two years ago, it was odds on to lead the next government but now the polls point in a different direction, what’s gone wrong?

Sun Sept 22 2024 - 12:00
Government set to climb down on €10m tax threshold for transfer of family-run businesses

Government set to climb down on €10m tax threshold for transfer of family-run businesses

Proposed changes to the retirement relief system would generate huge tax bills for family businesses

Fri Sept 20 2024 - 06:00
Pricing pressures in Irish economy now on par with Celtic Tiger era, fiscal council warns

Pricing pressures in Irish economy now on par with Celtic Tiger era, fiscal council warns

Budgetary watchdog claims Government’s net spending this year will jump close to 9% despite its own self-imposed 5% limit

Wed Sept 18 2024 - 15:29
House prices now rising at annual rate of almost 10%

House prices now rising at annual rate of almost 10%

Average price for a home nationally is €409,465, up €31,563 on this time last year, and €568,663 in Dublin

Wed Sept 18 2024 - 11:24
Dalata sells Maldron Hotel Wexford to Neville Park group

Dalata sells Maldron Hotel Wexford to Neville Park group

State’s largest hotel group says sale is opportunity to capitalise on an attractive valuation

Wed Sept 18 2024 - 10:35
If housing demands are unmet there will be 'quite a substantial increase in house prices' - Central Bank

If housing demands are unmet there will be 'quite a substantial increase in house prices' - Central Bank

Central Bank warns further fiscal stimulus would boost inflation

Wed Sept 18 2024 - 00:01
Ireland’s housing requirement keeps getting bigger and bigger

Ireland’s housing requirement keeps getting bigger and bigger

Central Bank becomes latest to call for 50,000-plus homes a year

Wed Sept 18 2024 - 00:00
ESB chief plays down prospect of further energy price cuts amid fall in profits

ESB chief plays down prospect of further energy price cuts amid fall in profits

Energy company says its business is growing and investment in renewables is continuing

Tue Sept 17 2024 - 13:14
Irish exports increase €9.5bn to €126bn in first seven months of 2024

Irish exports increase €9.5bn to €126bn in first seven months of 2024

Latest trade numbers point to recovery in pharma exports after 2023 slump

Mon Sept 16 2024 - 12:00
US, not Ireland, facilitated Apple’s €13bn tax-avoidance structure

US, not Ireland, facilitated Apple’s €13bn tax-avoidance structure

Revenue, under its own rules, did not have jurisdiction to tax the bulk of Apple’s offshore profits

Sun Sept 15 2024 - 12:52
Only top income earners can afford to buy homes in Ireland, says developer

Only top income earners can afford to buy homes in Ireland, says developer

High production costs linked to higher space and quality standards has made housing unaffordable for most income groups, says Brian Moran of Hines

Sat Sept 14 2024 - 18:02
Double-digit rise in tax on fuel needed to curb carbon emissions

Double-digit rise in tax on fuel needed to curb carbon emissions

Dublin Economics Workshop hears call for shift from ownership taxes such as VRT and motor tax towards usage taxes such as excise duty on fuels and congestion charges

Fri Sept 13 2024 - 19:47
Multinationals not alarmed at Apple tax judgment, head of IDA says

Multinationals not alarmed at Apple tax judgment, head of IDA says

Michael Lohan more concerned at State’s infrastructure shortfall amid growing international competition for foreign direct investment

Fri Sept 13 2024 - 16:09
ECB rate move hands Coalition perfect election springboard

ECB rate move hands Coalition perfect election springboard

Frankfurt’s decision to cut rates comes on the eve of what is expected to be another expansionary budget in advance of general election

Fri Sept 13 2024 - 06:00
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