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
Irish mortgage rates fall marginally in AprilInterest rates attached to home loans are expected to fall over the coming months as ECB reduces headline ratesWed Jun 12 2024 - 13:07
From crisis-era mandarin to State’s first directly-elected mayor, who is John Moran?The former lawyer, banker and at one time the State’s most recognisable civil servant has been elected the country’s first directly-elected mayor in LimerickTue Jun 11 2024 - 19:06
Global economy headed for ‘soft landing’ after four years of crises, World Bank saysWashington-based institution cautions that better outlook comes with several high-profile risks including possibility of another commodity price shock.Tue Jun 11 2024 - 14:30
Less than 3% Irish SMEs export goods, new figures showOnly small fraction of Irish-based firms export goods abroad despite the State’s reputation as a small, export-led economyTue Jun 11 2024 - 06:00
Number on Live Register falls again as unemployment remains at historic lowThe 35-44 age cohort make up the largest number of those on listMon Jun 10 2024 - 11:43
Less than 12% of new buildings inspected in some countiesNew head of Society of Chartered Surveyors Ireland highlights lack of enforcement of building regulationsMon Jun 10 2024 - 06:00
Northern Ireland’s economy gets shot in the arm from resumption of powersharingUlster Bank’s latest purchasing managers’ index (PMI) points to pick-up in output, new orders and employmentMon Jun 10 2024 - 05:30
Construction activity steady but housing still on upward curveLatest BNP Paribas Real Estate Ireland barometer indicates housing and commercial projects continued to increase in MayMon Jun 10 2024 - 05:00
Ireland’s housing market is a byproduct of three mega-trendsIreland has had a unique experience with housing – centring on a spectacular build-up and blow-up in the 2000s – but it is also a microcosm of a global housing problemSun Jun 09 2024 - 13:30
Irish unemployment remains anchored near historic low of 4%Economists consider a jobless rate of 4% or less in the Irish labour market as tantamount to full employmentFri Jun 07 2024 - 11:40
C&C plunges after chief executive quits amid accounting errors Patrick McMahon quits after company takes underlying charge of €5m on previous years’ accountsFri Jun 07 2024 - 08:16
ECB’s pivot on rates comes with uncertain outlookEuropean Central Bank cuts rates but several data sets point in wrong direction and make further cuts far from predictableThu Jun 06 2024 - 16:37
Exchequer returns: Strong tax revenues boost Government’s position ahead of budgetLatest exchequer returns show corporate tax receipts rose by 30 per cent in May, allaying fears that 2024 would see a downturnThu Jun 06 2024 - 16:34
ECB cuts interest rates by 0.25 percentage points after two years of hikesEuropean Central Bank makes first move lower interest rates after hiking them 10 times since 2022Thu Jun 06 2024 - 13:16
Irish economy returns to growth in first quarter as IT sector expandsCSO figures indicate the economy grew by 0.9 per cent in the first three months of the yearThu Jun 06 2024 - 11:42
Nearly half of Irish adults believe their 60s will be most expensive decade in retirementViews expressed changed depending on how close the respondents were to retirement, survey by life insurance company Royal London Ireland findsThu Jun 06 2024 - 00:01
Service sector continues to expand but cost pressures remain elevated - surveyWages and fuel again cited as the main sources of higher costs by respondents, AIB survey findsThu Jun 06 2024 - 00:00
Institute of Education seeks to expand campus with plan to redevelop adjoining buildingsPlans include refurbishment of properties at 19 and 20 Leeson Street Lower to provide enhanced facilitiesWed Jun 05 2024 - 14:05
Why the signs indicate the Government could be planning a November electionBudget 2025 creates a natural window for an election, according to many in the CoalitionSun Jun 02 2024 - 13:06
Central Bank’s decision to ease mortgage rules has fanned house prices, ESRI report concludesIn highly critical review, ESRI describes regulator’s move to ease its borrowing rules for first-time buyers as ‘premature’Fri May 31 2024 - 16:13
Peter Burke: ‘What’s good for the worker doesn’t have to be bad for the employer’The recently appointed Minister for Enterprise knows he has only a short window in which to leave his mark on the portfolio ahead of an electionFri May 31 2024 - 05:00
CSO appoints first female director generalAgency announces Jennifer Banim as its new director generalThu May 30 2024 - 15:00
Irish inflation unexpectedly rises to 1.9%, CSO saysLatest flash estimate for the harmonised index of consumer prices (HICP) shows prices rose by 0.5 per cent during MayThu May 30 2024 - 11:38
Average weekly earnings rise by 4.7% as workers seek real wage catch-upCSO’s latest earnings data show workers earned an average of €969.12 in the 12 months to the first quarter of 2024Wed May 29 2024 - 12:41
Retail sales fall as consumers spend less in department stores and barsLatest CSO figures show volume of retail sales dropped by 1.2 per cent in AprilTue May 28 2024 - 11:45
Top 7.7% of earners now paying more than half all income tax and USC, report findsParliamentary Budget Office highlights significant concentration risk at heart of income tax systemTue May 28 2024 - 05:24
Two businesses a day going bust because of rising costs, SFA director warns Small Firms Association director tells delegates that small businesses accounted for 85 per cent of all shutdowns last yearMon May 27 2024 - 18:25
McGrath promises ‘substantial’ income tax package in budgetMinister for Finance says workers are likely to benefit from further changes to income tax system and a fall-off in headline inflationMon May 27 2024 - 12:10
From noble ambition to corporate tokenism: the rise and fall of ESG How does electric carmaker Telsa have a lower ESG score than US oil major Exxon, a company that spent decades trying suppress information about climate change?Sun May 26 2024 - 11:13
‘Ireland is good in a crisis but can’t manage success’, says crisis era mandarin Former secretary general of the Department of Finance John Moran is standing as a candidate to be Limerick’s first directly-elected mayorFri May 24 2024 - 05:00
Employment in Irish economy rises but at lowest annual rate in three years CSO’s latest Labour Force Survey show the number of people employed in the Irish economy stood at 2.7 million in the first quarter of 2024Thu May 23 2024 - 12:20
Eir revenues increase by 2% as more mobile and broadband customers sign upCompany says broadband and mobile customers rose by 148,000 year on year in first quarterThu May 23 2024 - 07:58
Revolut launches savings account with interest of up to 3.49% a yearFinancial platform tries to steal march on mainstream lenders with higher yielding savings accountsThu May 23 2024 - 06:00
SYS Group acquires Cork-based Global Life & Finance It is the fourth acquisition for the Tipperary-headquartered financial services companyWed May 22 2024 - 10:55
Irish consumers want more sustainable food but not to pay for it, UCC survey findsResearch into market behaviour launched to coincide with annual food and beverage finance summit in CorkWed May 22 2024 - 00:15
European markets lose momentumPan-European Stoxx 600 index ended 0.2 per cent lower after hitting a one-week low earlier in the sessionTue May 21 2024 - 17:55
Remote working creating ‘dead zones’ in cities, NY governor tells Irish economic summitParts of downtown Manhattan have lost vibrancy due to remote work and overpriced housing, Kathy Hochul saysTue May 21 2024 - 06:00
