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Dublin 8′s long wait for a playing pitch goes on

Dublin 8′s long wait for a playing pitch goes on

The Marrowbone Lane depot site has been derelict for more than a decade as the arguments about what should go there go back and forth

Sun Mar 31 2024 - 15:20
European stocks mark best quarter in a year as rally broadens

European stocks mark best quarter in a year as rally broadens

Europe’s Stoxx 600 was up 0.2 per cent, bringing quarterly gains to about 7 per cent

Thu Mar 28 2024 - 19:24
Retail sales slump 2% as cost-of-living challenge keeps spending tight

Retail sales slump 2% as cost-of-living challenge keeps spending tight

Largest monthly declines were recorded in motor trades, department stores and clothing, footwear and textiles

Thu Mar 28 2024 - 12:51
House price inflation accelerates amid chronic lack of supply in second-hand market, Sherry FitzGerald finds

House price inflation accelerates amid chronic lack of supply in second-hand market, Sherry FitzGerald finds

Asking prices for second-hand homes nationally rose by 5.1% on an annual basis in the first quarter, estate agency says

Wed Mar 27 2024 - 19:03
Irish economy to see positive trajectory in 2024, ESRI forecasts

Irish economy to see positive trajectory in 2024, ESRI forecasts

Institute delivers upbeat assessment of economy while warning of infrastructural bottlenecks in housing and other areas

Wed Mar 27 2024 - 06:00
More than two-thirds of people are living in homes too big for their needs, ESRI research finds

More than two-thirds of people are living in homes too big for their needs, ESRI research finds

Housing units in State ‘on average bigger with fewer people living in them’, according to Economic and Social Research Institute study

Wed Mar 27 2024 - 00:01
Housing: Asking prices rise as stock of available homes hits new low – Daft.ie

Housing: Asking prices rise as stock of available homes hits new low – Daft.ie

Company links latest price trend to overall shortage of properties available to buy particularly in second-hand market and relaxation of mortgage rules

Tue Mar 26 2024 - 00:01
Costs of social housing construction in Dublin are double those elsewhere

Costs of social housing construction in Dublin are double those elsewhere

Sinn Féin housing spokesman Eoin Ó Broin says figures show if land-related costs are kept in State ownership and extracted from final value, ‘you can sell bricks-and-mortar house at a price below €300,000′

Tue Mar 26 2024 - 00:00
At least two firms may individually pay 10% of Republic’s corporate tax, cautions report

At least two firms may individually pay 10% of Republic’s corporate tax, cautions report

Parliamentary Budget Office report highlights massive concentration risk at the heart of State’s corporate tax base

Mon Mar 25 2024 - 17:25
Ireland’s interface with climate change: extreme flooding

Ireland’s interface with climate change: extreme flooding

Office of Public Works delivers eye-catching assessment of risk posed to Dublin from extreme flooding event

Sun Mar 24 2024 - 14:29
Varadkar’s economic legacy: a return to full employment and a woeful underinvestment in infrastructure

Varadkar’s economic legacy: a return to full employment and a woeful underinvestment in infrastructure

The outgoing Taoiseach’s departure speech gave an insight into where he feels his achievements really lie

Thu Mar 21 2024 - 15:09
Irish house prices accelerate for fifth month in a row

Irish house prices accelerate for fifth month in a row

Latest CSO residential property price index shows prices rose by 5.4% on an annual basis in January

Wed Mar 20 2024 - 11:26
Half of US firms warn housing shortage biggest barrier to investing in Ireland

Half of US firms warn housing shortage biggest barrier to investing in Ireland

Overwhelming majority of companies see issue as ‘extremely or very challenging’ for staff

Wed Mar 20 2024 - 10:54
Employment in IT sector sinks by almost 6,000 as restructurings continue

Employment in IT sector sinks by almost 6,000 as restructurings continue

The CSO report utilises real-time Revenue data to detect trends in the labour market

Tue Mar 19 2024 - 12:40
New EU directive will make companies legally liable for environmental damage

New EU directive will make companies legally liable for environmental damage

Corporate Sustainability Due Diligence Directive, which aims to curb corporate abuses on human rights and the environment, approved by EU 27

Mon Mar 18 2024 - 06:30
Two-thirds of 147,000 homes applied for under Government’s fast-track planning system remain undeveloped

Two-thirds of 147,000 homes applied for under Government’s fast-track planning system remain undeveloped

Government’s strategic housing development system was intended to speed up delivery but was scrapped after it generated a multiple legal cases

Mon Mar 18 2024 - 06:00
Government’s fast-track housing plan comes unstuck in the courts

Government’s fast-track housing plan comes unstuck in the courts

Now-defunct strategic housing development system resulted in 48 judicial review cases

Sun Mar 17 2024 - 13:28
Planning permissions jumped 21% last year with apartments accounting for over half

Planning permissions jumped 21% last year with apartments accounting for over half

Central Statistics Office figures show 41,225 units were granted planning in 2023

Thu Mar 14 2024 - 15:28
Some relief for households as inflation eases but underlying price growth remains strong

Some relief for households as inflation eases but underlying price growth remains strong

Latest Consumer Price Index indicates headline inflation has now fallen for three consecutive months, reflecting a general easing of pricing pressures internationally

Thu Mar 14 2024 - 11:54
Number of women working remotely up 300% during coronavirus pandemic

Number of women working remotely up 300% during coronavirus pandemic

CSO data points to massive rise in women availing of more flexible working arrangements

Wed Mar 13 2024 - 15:54
Average interest rate on new Irish mortgages creeps higher

Average interest rate on new Irish mortgages creeps higher

Latest increase expected to bring increase in loan arrears, given the number of homeowners set to see fixed rates expire

Wed Mar 13 2024 - 12:41
Central Bank predicting boon for workers as wage rises catch up with inflation

Central Bank predicting boon for workers as wage rises catch up with inflation

Regulator is forecasting that real wages for the average employee will rise by almost 9 per cent over the next three years

Tue Mar 12 2024 - 17:07
Housing output rising to 37,000 units a year by 2026 as commercial real estate slump frees up workers

Housing output rising to 37,000 units a year by 2026 as commercial real estate slump frees up workers

Forecast appears to clash with recent report from BNP Paribas which points to slump in residential activity here

Tue Mar 12 2024 - 05:45
Workers in Ireland in line for biggest pay hike in a decade, Central Bank says

Workers in Ireland in line for biggest pay hike in a decade, Central Bank says

Real incomes will rise by almost 9 per cent over the next three years, Central Bank predicts

Tue Mar 12 2024 - 00:01
Switch to electric motoring accelerates with more motorists opting to buy EVs

Switch to electric motoring accelerates with more motorists opting to buy EVs

Despite the increase in sales, the overall take-up of EVs (electric vehicles) in the Republic is still modest by international standards

Mon Mar 11 2024 - 12:24
Irish households save almost €17bn in 2023 but higher prices keeps pressure on

Irish households save almost €17bn in 2023 but higher prices keeps pressure on

Households added €16.8 billion in savings to their wealth in 2023, compared to €17.6 billion previous year

Mon Mar 11 2024 - 11:55
Immigrants and the economic blame game

Immigrants and the economic blame game

Getting a taxi, buying a coffee or dining out in Dublin are services that are now - in the main - supplied by immigrant labour

Sun Mar 10 2024 - 13:04
European shares jump 1% after ECB rate decision

European shares jump 1% after ECB rate decision

Pan-European Stoxx 600 extends gains and hit a fresh record high, rising 1 per cent

Thu Mar 07 2024 - 18:25
Inflation sees almost 900,000 people experience ‘enforced deprivation’

Inflation sees almost 900,000 people experience ‘enforced deprivation’

Latest economic data shows income rose in most households last year but fell in real terms when adjusted for inflation

Thu Mar 07 2024 - 12:28
State’s unemployment rate unexpectedly drops to 4.2%

State’s unemployment rate unexpectedly drops to 4.2%

Latest CSO figures indicate there were 119,300 people classified as unemployed in February, compared with 129,300 the previous month

Wed Mar 06 2024 - 11:24
Greencoat enjoys jump in cash revenue as it acquires more assets

Greencoat enjoys jump in cash revenue as it acquires more assets

Dublin-listed wind and solar energy group says its protfolio produced renewable energy to power roughly 750,000 homes

Wed Mar 06 2024 - 07:49
Tullow on track to deliver $800m in free cash flow as debt reduction accelerates

Tullow on track to deliver $800m in free cash flow as debt reduction accelerates

Oil and gas explorer says start-up of Jubilee South East offshore Ghana drove production and boosted 2023

Wed Mar 06 2024 - 07:26
Rents and house prices to keep rising as Ireland among EU’s lowest for housing investment - ESRI

Rents and house prices to keep rising as Ireland among EU’s lowest for housing investment - ESRI

Members of the think tank due before Oireachtas Committee on Budgetary Oversight to discuss ‘the present economic and fiscal situation’

Wed Mar 06 2024 - 05:00
Why is the Government so flush with tax when households are struggling?

Why is the Government so flush with tax when households are struggling?

Government tax receipts came in at €12 billion at the end of February, up 5.5 per cent on the same period last year

Tue Mar 05 2024 - 19:36
Strong income tax receipts keep public finances on right track

Strong income tax receipts keep public finances on right track

Latest exchequer returns show income tax generated €5.3 billion in January and February this year, 5.7 per cent ahead of the same period last year

Tue Mar 05 2024 - 16:35
Service sector continues to expand but inflation a persistent worry

Service sector continues to expand but inflation a persistent worry

Wage costs cited as key driver of inflation, while transport companies also highlight fuel costs

Tue Mar 05 2024 - 05:30
Directors cite ‘reputational risk’ as main deterrent to sitting on State boards

Directors cite ‘reputational risk’ as main deterrent to sitting on State boards

Survey by the Institute of Directors Ireland comes as fallout from RTÉ's payments controversy continues to play out

Mon Mar 04 2024 - 06:00
Irish language marketing can give firms ‘competitive edge’

Irish language marketing can give firms ‘competitive edge’

Research finds more than 70% of people assume a product locally sourced or Irish when Gaeilge deployed on labelling or advertising

Mon Mar 04 2024 - 06:00
Lidl to spend €15m on giving Irish staff 6% pay hike

Lidl to spend €15m on giving Irish staff 6% pay hike

Retailer says increases, which apply from March 1st, make Lidl the highest-paying supermarket in Ireland

Mon Mar 04 2024 - 05:00
Eoin Burke-Kennedy: Why the Michael O'Leary of housing is calling for fundamental shift in homeownership in Ireland

Eoin Burke-Kennedy: Why the Michael O'Leary of housing is calling for fundamental shift in homeownership in Ireland

Lack of housing is forcing young people to leave and the Government has a responsibility ‘to play a bigger role’, Michael Stanley says

Sun Mar 03 2024 - 12:14
Sinn Féin got its sums wrong when calculating its alternative budget, say finance officials

Sinn Féin got its sums wrong when calculating its alternative budget, say finance officials

Seen and heard: Opposition’s alternative budget, Clevercards’ digital payments and house prices near the proposed MetroLink

Sun Mar 03 2024 - 08:04
Early ECB rate cut unlikely as Euro zone inflation eases less than expected

Early ECB rate cut unlikely as Euro zone inflation eases less than expected

Latest Eurostat data all but ends speculation ECB policymakers might start cutting interest rates before June

Fri Mar 01 2024 - 12:35
Recession confirmed last year as GDP shrinks by 3.2%

Recession confirmed last year as GDP shrinks by 3.2%

Economy went into reverse in 2023 on back of slump in multinational exports, CSO figures show

Fri Mar 01 2024 - 12:04
European markets edge up as investors mull latest inflation data

European markets edge up as investors mull latest inflation data

US and German consumer price inflation seen as in line with forecasts easing investor worries

Thu Feb 29 2024 - 17:24
Lack of housing for young people ‘destroying our economy’ - Cairn Homes chief

Lack of housing for young people ‘destroying our economy’ - Cairn Homes chief

Homebuilder expects another year of strong growth in 2024

Thu Feb 29 2024 - 08:13
‘Disorderly’ commercial property crash a key risk for financial sector, Central Bank warns

‘Disorderly’ commercial property crash a key risk for financial sector, Central Bank warns

Regulator publishes new report setting out its regulatory priorities for the year ahead

Thu Feb 29 2024 - 05:00
Switch to electric motoring to cost exchequer €2.5bn in lost tax revenue by 2030

Switch to electric motoring to cost exchequer €2.5bn in lost tax revenue by 2030

Loss could be offset by charging drivers for road use by distance or congestion charges, Irish Fiscal Advisory Council analysis notes

Wed Feb 28 2024 - 13:31
Retail sales weaken in face of cost-of-living squeeze

Retail sales weaken in face of cost-of-living squeeze

Surge in inflation and consecutive ECB interest rate hikes had less than expected impact on consumer behaviour

Wed Feb 28 2024 - 11:45
Glanbia benefits from ‘protein mega-trend’ as profits surge

Glanbia benefits from ‘protein mega-trend’ as profits surge

Revenue fell almost 9% to $5.4 billion while earnings per share rose by close to 20%

Wed Feb 28 2024 - 09:11
Construction output falls sharply as non-residential sector suffers interest-rate squeeze

Construction output falls sharply as non-residential sector suffers interest-rate squeeze

CSO figures show construction output as a whole in Ireland fell by 6.3 per cent in 2023

Mon Feb 26 2024 - 15:33
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