Number employed by Government client companies hits record 535,000Minister for Enterprise Simon Coveney says figures demonstrate strength of State’s economy despite serious challenges posed to international tradeMon Feb 26 2024 - 12:31
Government’s election dilemma: Go now while economy is healthy or wait until more homes are built?Timing of the next election could be crucial in determining the outcome, and three options - June, after the October budget or early 2025 - are being mulled, say insidersSun Feb 25 2024 - 10:25
No wind farms granted planning permission anywhere in State last year, climate conference hears Slow pace of deployment of renewable-energy projects poses chief risk to State’s climate objectives, warns energy economist Lisa RyanThu Feb 22 2024 - 18:36
Housing commencements hit new post-boom record in January3,357 new homes under construction will raise hopes that Housing for All targets this year can be achievedThu Feb 22 2024 - 18:10
Irish house prices defy impact of higher interest rates to rise by 4.4% in 2023Latest residential property price index also shows headline rate of price growth has begun to accelerate againWed Feb 21 2024 - 11:40
Project to assess gas network’s compatibility with green hydrogenGas Networks Ireland and Science Foundation Ireland partner in project to determine how compatible materials that make up Ireland’s gas pipeline are with green hydrogenWed Feb 21 2024 - 08:33
C&C launches €15m share buyback programmeDrinks group says buyback is part of a plan to return up to €150 million to shareholders over the next three yearsWed Feb 21 2024 - 07:50
Lack of scale in homebuilding sector threatens future supply, report warns Report by stockbroker Goodbody says industry is made up of a large number of smaller builders with limited capacityWed Feb 21 2024 - 05:28
Number of IT workers in Ireland shrinks by almost 6,000 on back of global downturnCSO’s latest monthly payrolls data highlights how global tech retrenchment is playing outTue Feb 20 2024 - 16:09
Poorer households hit harder by indirect taxes such as VAT, report findsReport by the Parliamentary Budget Office examines scale of such levies paid by Irish households.Tue Feb 20 2024 - 14:31
Hilton’s Home2 Suites brand to open in Dublin next yearRevamped property in north inner city will feature 290 rooms, including 214 king studio suites, for extended-stay hotelTue Feb 20 2024 - 09:27
Global stocks flat as investors await earnings from heavyweightsHoliday for US markets make for thin tradingMon Feb 19 2024 - 18:22
New €40m cost-rental, modular housing scheme announced for Galway city Monivea Road scheme will comprise 102 homes, including 28 cost-rental unitsMon Feb 19 2024 - 16:46
Could Ireland’s dialled-up rhetoric against Israel trigger a corporate backlash?Taoiseach Leo Varadkar has accused Tel Aviv of being ‘blinded by rage’ while Minister for Enterprise Simon Coveney claims it is ‘behaving like a rogue state’Sun Feb 18 2024 - 12:00
Solution to immigration challenge is tighter controls, German finance minister tells DublinChristian Lindner says German economy has problems with its ‘fitness’ as Michael McGrath hails €42bn business with Ireland’s largest EU trading partnerTue Feb 13 2024 - 18:07
Public sector pay deal helps workers without stoking inflation, Donohoe saysMinister for Public Expenditure announces Government approval for new pay deal which will see 385,000 civil and public sector workers pay rises of 10.25 per cent over 2½ yearsTue Feb 13 2024 - 16:35
Museum of Literature Ireland to lay off one-third of staff amid mounting financial problemsDublin cultural facility, which opened in 2019 in Newman House on St Stephen’s Green, blamed the cutbacks on ‘growing operational costs’Mon Feb 12 2024 - 17:24
Glanbia’s Optimum Nutrition brand to sponsor McLaren F1 teamIllinois-based maker of protein powders will feature on the driver and pit crew overalls for the 2024 season and beyondMon Feb 12 2024 - 15:46
Sinn Fein’s slide in the polls: it’s the economy, stupid or is it?The gap between Sinn Féin and the other two big parties has narrowed decisively in recent months. What’s driving it?Sun Feb 11 2024 - 07:00
Middle East tensions could alter inflation outlook, ECB warnsIn its latest economic bulletin, European Central Bank said rates would remain at ‘sufficiently restrictive levels for as long as necessary’Thu Feb 08 2024 - 11:41
Irish economy expected to resume strong growth path in 2024, predicts EY Consultancy’s latest economic outlook suggests economy and labour market to expand after slowdown in 2023Thu Feb 08 2024 - 06:00
Ikea to open ‘plan and order’ store in CarlowSwedish furniture store giant extending its Irish footprintWed Feb 07 2024 - 08:45
Jobs boost for Dundalk as Pentagon Technologies opens new facility Pentagon produces semi-conductor manufacturing equipmentWed Feb 07 2024 - 08:31
DCC reports increase in operating profit despite ‘volatile’ environment Company says it expects full-year operating profit growth in line with expectationsWed Feb 07 2024 - 08:05
Smurfit Kappa signals WestRock deal will close in July as revenue falls in face of global slowdownThe tie-up between Smurfit and WestRock is set to create the world’s biggest packaging groupWed Feb 07 2024 - 07:46
Buoyant VAT receipts not necessarily a sign of economic healthLatest exchequer returns show State finances boosted by receipts from sales tax, but what is driving that?Wed Feb 07 2024 - 06:00
State collected €7.8bn in tax in January amid strong VAT receiptsLatest exchequer returns boosted by strong labour market and good Christmas salesTue Feb 06 2024 - 16:46
CEOs fear more ‘geopolitical turbulence’ as over half of world’s population go to pollsEY’s latest quarterly survey of 1,200 global chief executives highlights increasing concern about misuse of AI and further rise of populismMon Feb 05 2024 - 00:01
SMEs getting increasingly ‘entangled in regulations’, says Chambers Ireland Organisation calls on Irish candidates in the upcoming European elections to heed the needs of businessesMon Feb 05 2024 - 00:01
Thousands of Irish students expected to register for European Money QuizThe quiz is the biggest European-wide competition that aims at improving financial literacy among 13 to 15-year-oldsMon Feb 05 2024 - 00:00
DUP’s spectacular Brexit own goal delivers nationalist First MinisterHow did the chief defenders of unionism support a process that diminished the North’s constitutional status within the UK?Sun Feb 04 2024 - 12:16
Government urged to spearhead adoption of rapid-build, modular housingReport says prefabricated designs could play major role in solving Ireland’s housing crisisThu Feb 01 2024 - 14:13
Construction inflation eases but shortage of workers now the main challengeReport by Society of Chartered Surveyors Ireland highlights rising labour costs driven by a shortage of workers as main challenge for construction projectsThu Feb 01 2024 - 06:00
Irish inflation falls to 2.7% as energy prices declineInflation in the Irish economy fell to 2.7 per cent in January, down from 3.2 per cent the previous monthWed Jan 31 2024 - 11:37
Rising labour costs the main inflationary risk, Makhlouf saysEconomy is on slower growth path, Central Bank governor warnsTue Jan 30 2024 - 18:43
Wholesale electricity prices fall by 68% but consumers yet to benefit fully Fall off in headline inflation and energy prices have increased pressure on ECB to reduce interest ratesTue Jan 30 2024 - 17:35
IMF expects ‘soft landing’ for global economy in 2024Economic recovery from Covid, Russia’s invasion of Ukraine and cost-of-living crisis is proving ‘surprisingly resilient’, says IMFTue Jan 30 2024 - 13:20
A key economic question on immigration is whether it depresses wages or adds to our productivity Ireland’s changing political climate and the thorny question of immigrationSun Jan 28 2024 - 15:23
Makhlouf stops short of saying interest rates will fall in June but hails postive inflation dataPublic sector pay deal strikes right balance between catching up with inflation without exacerbating it = Central Bank governorSat Jan 27 2024 - 07:00
First-time buyer mortgage activity rises to highest level since 2007 The number of drawdowns by first time buyers reached a new post-crash peak of almost 26,000, valued at more than €7.2 billion in 2023Fri Jan 26 2024 - 05:05
Varadkar hails ‘positive momentum’ as home-building hits 15-year high of 33,000New dwelling completions across the State rose by 10% to 32,695 last year, CSO figures showThu Jan 25 2024 - 12:15
ECB likely to dampen hopes of rate cut amid ongoing wage pressuresPolicymakers are expected to keep interest rates unchanged for a third meeting in a row on ThursdayThu Jan 25 2024 - 05:30
Building of 29,000 homes held up by planning delays or court challenges - reportAnalysis by construction firm Mitchell McDermott indicates planning delays may be adding €6,000 to the cost of each housing unit for buyers or rentersThu Jan 25 2024 - 05:00
House price inflation rises to 2.9% despite impact of higher borrowing costsCSO figures show prices in Dublin, which had been declining, rose by 0.9% year on year in NovemberWed Jan 24 2024 - 11:28
Not all of Davos partook in ‘worried about Trump 2.0’ vibe, head of JP Morgan appeared to be full of praise for himDespite the cynicism, Davos remains the biggest meeting of business and politics anywhere in the worldFri Jan 19 2024 - 06:00
Strikes over public pay remain likely if agreement not quickly reached in talks, says INMOGeneral secretary Phil Ní Sheaghdha told conference ongoing delays represent ‘a gamble’ with workers frustrated by failure to reach dealThu Jan 18 2024 - 20:49
Donohoe stops short of ruling out increased Government pay offerMinister for Public Expenditure said current €2.9bn proposal represents a ‘fair’ dealThu Jan 18 2024 - 20:06
Varadkar says there will be arrests over recent arson attacks on asylum seeker accommodationTaoiseach insists that Ireland is not a racist country and that the political climate around migration has changedThu Jan 18 2024 - 15:30
Sinn Féin’s tax policies would damage economy and jeopardise jobs, McGrath claimsSpeaking at the World Economic Summit in Davos, Minister says increasing burden of income tax on higher earners could choke off investmentThu Jan 18 2024 - 05:30
Scaramucci’s raucous late-night parties do nothing to help Davos’s image as meeting of decadent elitesWall Street financier famed for throwing the most raucous late-night bashes at annual event in Swiss AlpsThu Jan 18 2024 - 05:00
