Mandatory reporting of all gifts and inheritances under considerationDepartment of Finance’s Tax Strategy Group examines ways to strengthen the State’s inheritance tax systemTue Jul 23 2024 - 15:00
Data centres now account for 21% of all electricity consumptionCSO findings come amid an increasingly heated debate about data centres and their energy demandsTue Jul 23 2024 - 12:34
European stocks rebound but Ryanair leads airline sell-offThe pan-European Stoxx 600 index closed 0.9 per cent higher, coming off a five-day losing runMon Jul 22 2024 - 18:34
Wholesale electricity prices down 72% since peak of energy price shockEnergy prices spiked after Russia invaded Ukraine in February 2022, reaching a peak in August that yearMon Jul 22 2024 - 17:21
Irish grocery price inflation lifts for first time in 15 monthsKantar data suggest price inflation was driving value sales growth rather than increased purchasingMon Jul 22 2024 - 12:31
Supermac’s chief wants VAT reprieve for food businessesPat McDonagh says the industry is struggling to deal with jump in operating costsMon Jul 22 2024 - 06:00
Ireland’s demographic time bomb: too many retirees and too few babiesWhile birth rates are falling, the number of people aged 65 years and over is accelerating and will reach a record one million by 2030Sun Jul 21 2024 - 13:30
Fall-off in home sales fails to arrest price growthA total of 12,212 homes were sold between April and June this year, a report by property tech firm Geowox indicatesFri Jul 19 2024 - 05:00
European stocks fall as tech drags sentiment lowerThe pan-European Stoxx 600 index closes 0.5 per cent lowerWed Jul 17 2024 - 18:35
House price inflation jumps to 8.2%, new figures showLatest barometer shows Dublin prices rose an average rate of 8.6% in 12 months to May this yearWed Jul 17 2024 - 11:30
Sticky inflation could keep interest rates higher for longer, IMF warnsMomentum on cutting inflation is slowing as wage rises push prices higher in services sector, report saysTue Jul 16 2024 - 14:00
Irish population could grow to over 7m by 2057, says CSOCentral Statistic Office’s latest projections indicates inward migration will be the main driver of population growth, with birth rates predicted to fallTue Jul 16 2024 - 12:06
Economic populism of the right has gone mainstreamUK and French electoral systems have thwarted its advance but the far right is still on the rise globallySun Jul 14 2024 - 12:46
Irish inflation falls to three-year low of 2.2% in JunePrice growth in Irish economy continues to moderate in tandem with fall-off in energy costs internationallyThu Jul 11 2024 - 11:59
Donohoe links €8.3bn budget plan to unexpected population surgeIrish Fiscal Advisory Council launches broadside at Coalition over €8.3 billion budget plan, claiming it is adopting everything now approach to budgetingWed Jul 10 2024 - 15:20
Number of home buyers opting for fixed-rate mortgages dropsCentral Bank’s latest retail interest rate figures show fixed-rate contracts constitued two thirds of mortgage contracts agreed in MayWed Jul 10 2024 - 14:02
Bumper €8.3bn tax and spending package earmarked for Budget 2025Summer Economic Statement indicates tax measures amounting to €1.4 billion will be in October’s budget with additional spending of €6.9 billionTue Jul 09 2024 - 20:01
Government driving a coach and horses through its spending ruleCumulative breaches of the rule will, in real money terms, be in region of €11 billion by the end of next yearTue Jul 09 2024 - 17:48
Pace of IDA-sponsored investment and jobs slows Agency’s latest half-year report said it supported 131 investments enabaling delivery of 8,900 jobsMon Jul 08 2024 - 11:57
Looser mortgage lending rules linked to Irish house price surge, says MyHome House asking prices rose at the fastest pace in two years, according to property websiteMon Jul 08 2024 - 06:00
Global trend towards trade protectionism poses big risk for State, warns KPMG Consultancy predicts growth to slow in global gross domestic product this year on back of increasing geopolitical tensionsMon Jul 08 2024 - 06:00
ICS Mortgages cuts rates for buy-to-let borrowersNon-bank lender says buy-to-let rates would be reduced by 0.15 per cent from August 1stMon Jul 08 2024 - 05:33
Government urged to introduce productivity supports for food and drink firmsFood Drink Ireland (FDI) says rapid rise in costs is threatening viability of many firms in sectorMon Jul 08 2024 - 05:31
Construction activity contracts but housing output remains on upward curveBNP Paribas’s latest index for the construction sector here fell to 47.5 in June as work on commercial projects fellMon Jul 08 2024 - 00:00
What would a Eurosceptic government in the heart of the EU mean?Macron’s election gamble has engineered a dangerous moment for France and the European UnionSun Jul 07 2024 - 19:18
European shares fall on French election uncertaintyThe pan-European Stoxx 600 index ended 0.2 per cent lower, after notching a more than one-week high early in the dayFri Jul 05 2024 - 17:59
Six ways Jack Chambers might spend Ireland’s corporate tax windfall in Budget 2025About half the State’s annual corporate tax take – €12 billion – is now classified as windfallThu Jul 04 2024 - 15:06
Glenveagh on track to meet targets despite dip in earningsHome builder says it has completed 800 units of its 2,700 full-year target for 2024Thu Jul 04 2024 - 07:51
Buoyant tax returns likely to fuel political demands for giveaway budgetPressure likely to mount on Chambers and Donohoe to be generous as corporation tax receipts up 15 per cent on last yearThu Jul 04 2024 - 06:00
Chambers warns Ministers as spending pressures build ahead of budgetMinister for Finance says Ministers will have to prioritise in new post-Covid, post-inflationary crisis periodWed Jul 03 2024 - 20:43
Exchequer returns cap transformative week for new finance minister Jack ChambersGovernment is expecting a surplus of €8.6 billion this yearWed Jul 03 2024 - 19:45
Surging corporation tax boosts State finances ahead of pre-election budgetIncreased revenues likely to ratchet up pressure on newly installed Minister for Finance Jack Chambers in run up to final pre-election budgetWed Jul 03 2024 - 16:30
Jobless numbers rise to 4.2% but Ireland remains close to full employmentDespite marginal increase in official figures, unemployment rate stays anchored near historical low of 4%Wed Jul 03 2024 - 11:49
Irish economy could be headed for another technical recessionBank of Ireland cuts its growth projections citing ‘measurement distortions related to the multinational sector’ while warning headline GDP could contract this yearWed Jul 03 2024 - 06:00
Dublin is second most expensive city in Europe to build apartmentsSurvey of construction costs suggests the Irish capital was eclipsed in cost terms only by Zurich in SwitzerlandWed Jul 03 2024 - 06:00
Ryanair’s monthly passenger total exceeds 19m for first timeCarrier said it carried a total of 19.3 million passengers in June, an increase of 11 per cent on the same month last yearTue Jul 02 2024 - 08:37
How the rise and fall of Blackberry serves as a warning to IrelandIt used to be the coolest gadget around, the preserve of high-flying execs, accounting for a fifth of all smartphone sales, now it’s a mere footnote in tech historySun Jun 23 2024 - 12:28
Irish consumers paying 42% more for goods and services than EU counterpartsEurostat’s latest price comparison survey ranks Ireland as second most expensive country in the EU, behind DenmarkThu Jun 20 2024 - 12:46
Irish house prices now 10% above their boom-time peakLatest official barometer indicates house prices rose an average rate of 7.9 per cent in the 12 months to April this yearWed Jun 19 2024 - 11:36
€25.5bn flows into Irish property market in 2023 despite rise in borrowing costsSherry FitzGerald research finds headline figure reflects ‘resilience of demand’ in residential marketWed Jun 19 2024 - 11:16
Ireland needs 85,000 new homes a year to address ‘structural shortfall’ - DavyLower inflation, foreign direct investment and high-skilled job creation to drive rapid growth in economy and population by 2030Wed Jun 19 2024 - 08:16
Building 50,000 homes a year will require €20bn in annual finance, department report finds Department of Finance report says biggest stumbling block to future housing development was uncertainty around planningWed Jun 19 2024 - 05:00
Nearly 50,000 homes receive planning with restriction around bulk buyingDarragh O’Brien hails success of measures aimed at stopping funds or companies bulk-buying housing unitsTue Jun 18 2024 - 15:14
Central Bank tells Government directly to change budgetary stanceFinancial regulator warns Coalition it would not be appropriate to continue with an expansionary fiscal stance over the period 2024-2026Tue Jun 18 2024 - 06:00
Central Bank warns Government against pre-election budget giveawayGenerous budget measures, over and above the Government’s 5 per cent spending rule, could trigger overheating dynamics, regulator saysTue Jun 18 2024 - 00:01
European investors in better spirits after last week’s political uncertainty fuelled lossesFrance’s Cac 40 had lost more than 6% of its value last week as financial markets reacted to heightened political uncertaintyMon Jun 17 2024 - 19:50
Value of Irish exports grows to €72bn in first four months as pharma sector reboundsCSO figures show value of exports of medical and pharmaceutical products increased by €3.5 billion (66 per cent) to €8.8 billion in April aloneMon Jun 17 2024 - 12:42
Despite the concentration risk, Ireland’s corporation tax windfall could grow to €30bnBusiness tax receipts have tended to exceed even the most optimistic projections and there are reasons to suspect receipts will go up again, even from this high pointSun Jun 16 2024 - 13:04
Mortgage rules spark war of words between Central Bank and ESRI ESRI claims regulator’s move to relax rules has fuelled house price growth and lifted loan-to-income ratios back to Celtic Tiger levelsThu Jun 13 2024 - 14:07
Most Irish businesses ill-equipped for climate transition, survey findsStudy by Irish energy group UrbanVolt highlights disconnect between business and the State’s low carbon economy plansThu Jun 13 2024 - 06:00
