Budget watchdog accuses Coalition of ‘fiscal gimmickry’ while warning about its €6.6bn overspendIrish Fiscal Advisory Council claims Government is adopting an ‘everything now’ approach to budgeting which risks repeating past mistakesThu Dec 07 2023 - 01:00
Unemployment rises again as labour market shows signs of softeningCSO data for November put the headline rate at 4.8 per cent, up from 4.7 per cent previouslyWed Dec 06 2023 - 12:05
Public finances in rude health as tax receipts defy global slowdownLatest exchequer returns suggest Government on course to at least meet or exceed a projected budget surplus of €8.8 billion for 2023Wed Dec 06 2023 - 06:00
Economy entering period of slower growth, Ibec warns Employers’ group predicts GDP growth of just 0.1% this year while warning full impact of higher interest rates has yet to comeWed Dec 06 2023 - 05:00
Ireland’s winning streak on tax continues Latest exchequer returns point to another surge in corporate taxTue Dec 05 2023 - 19:46
Corporation tax receipts defy slump predictions with record €6.3bn haul in NovemberLatest exchequer returns show strong performance across all main tax heads, leaving the public finances in rude health in the run-up to ChristmasTue Dec 05 2023 - 16:30
Pick-up in services activity points to improved demand conditionsAIB’s latest purchasing managers index (PMI) for services points to expansion in total activity and new businessTue Dec 05 2023 - 05:01
Petrol and Percy Pigs: Applegreen and M&S plan 60 new food locationsForecourt operator has been selling M&S food products at five stores since last year but now plans to expand partnershipMon Dec 04 2023 - 08:41
Ireland will fail to meet renewable energy targets because of planning bottlenecks, say expertsState’s target of generating 80 per cent of electricity from renewables by 2030 is being frustrated by planning delays and insufficient electricity grid capacity, report claimsMon Dec 04 2023 - 08:10
Medray acquires Dublin-based diagnostic group Avista Medical Deal is Medray’s fifth strategic acquisitionMon Dec 04 2023 - 07:37
Corporation tax D-Day looms over State’s budgetary arithmeticNovember’s exchequer data on Tuesday is expected to detail a further reversal in corporate tsx take. The scale of the slide will have implications for the public financesSun Dec 03 2023 - 13:13
Euro zone inflation falls to two-year low of 2.4%, bringing rate cuts into focusFaster-than-anticipated decline is likely to fuel speculation that the European Central Bank may start bringing down interest rates earlierThu Nov 30 2023 - 10:20
Supply of natural gas not expected to be disrupted this winter, network operator saysGas Networks Ireland says there is both enough gas supply sources and enough network capacity to meet anticipated demandThu Nov 30 2023 - 08:43
Falling inflation may have sting in its tail, Department of Finance warnsImpact of higher interest rates yet to be ‘fully felt’, department to tell Public Accounts CommitteeThu Nov 30 2023 - 06:00
State’s economy expected to shrink this year as weaker global demand dents exportsOECD’s latest assessment says the slowdown in global demand has triggered marked reductions in export volumesWed Nov 29 2023 - 17:49
Irish inflation drops to lowest level in 2½ years as energy prices declinePrice growth of 2.3% is the lowest since the middle of 2021 and comes as energy prices on wholesale markets continue to fallWed Nov 29 2023 - 11:49
Gardaí eclipse IT professionals as Ireland’s best paid workers in latest CSO figuresFigures show gardaí enjoyed average weekly earnings, including overtime and bonuses, of €1,579.28 in the third quarterTue Nov 28 2023 - 13:52
Retail sales fall in October as higher borrowing costs and rising prices keep pressure on householdsLatest CSO figures show sales fell on a monthly and on annual basis last monthTue Nov 28 2023 - 13:36
Environmental subsidies hit record €1.6bn in 2022CSO figures show increased supports for energy efficiency retrofitting schemes and more wastewater investment accounted for the increaseMon Nov 27 2023 - 14:42
Bewley’s cafe bounces back to profitability in wake of Covid Company’s historic Grafton Street premises is one of 12 Johnny Ronan properties which were taken over by a receiver last weekMon Nov 27 2023 - 11:34
Yuno Energy cuts energy prices again Pay-as-you-go supplier says it is now offering a new fixed rate targeted at new customersMon Nov 27 2023 - 08:09
Where have Ireland’s 200,000 vacant homes gone? Just 3,000 are liable for the new taxThe great silver bullet of vacancy was an illusion all along and the latest tax returns, published by the Department of Finance, prove itSun Nov 26 2023 - 12:05
Give Me a Crash Course in . . . tenants being offered new ‘right to purchase’ when landlord is sellingThe Government’s new legislation aims to help renters become homeowners, but will it succeed?Sat Nov 25 2023 - 06:00
Fallon & Byrne reports strong revenue as business bounces back from CovidFood retailer says flagship Exchequer Street store saw increased footfallFri Nov 24 2023 - 05:00
European shares rise to fresh two-month peak as oil majors rally Novo Nordisk invests $2.3bn to boost obesity drug productionThu Nov 23 2023 - 18:52
What happens when a recession becomes more real than technical?Central Bank governor Gabriel Makhlouf positive on the outlook for inflation, uncertain about impact of higher interest ratesThu Nov 23 2023 - 18:04
Consumers could face another ECB interest rate hike, Makhlouf warnsCentral Bank governor says outlook for economy is shaped by ongoing adjustment to higher interest ratesThu Nov 23 2023 - 12:35
Tenants to be offered new statutory ‘right to purchase’ when landlord is sellingNew legislation aims to shield more tenants from eviction when their properties are being soldWed Nov 22 2023 - 06:00
Ireland ranked 12th most attractive market for green investorsState’s improved ranking comes in wake of first offshore wind auctionWed Nov 22 2023 - 00:01
Central Bank watching loan arrears amid interest rates squeezeRegulator’s governing commission discusses impact of changing interest rate environment at latest meetingTue Nov 21 2023 - 15:49
European shares inch up after robust week, Bayer tanksItalian banks stocks gain after Moody’s upgrade, Bayer woes pile up as blood-thinner drug trial failsMon Nov 20 2023 - 18:02
Ireland’s emissions per capita now 23% higher than EU average, report finds Central Bank reports outline challenges from climate faced by economy and financial sectorMon Nov 20 2023 - 15:31
Different tax treatment of investment and savings ‘unfair’ - consumersAviva calls for Minister to fast-track review on 41% exit tax which is discouraging investment despite low deposit ratesMon Nov 20 2023 - 05:00
AIB triples green lending pot to €30bn before sustainability conferenceLender says financing investment in climate and energy infrastructure is crucial to cementing green transitionMon Nov 20 2023 - 05:00
ECB to hold off on interest rate cuts until June, economist predicts ECB will slowly cut rates, one cut per quarter, for remainder 2024 and into 2025 as euro zone economy heads for ‘soft landing’, says US bank’s head of Europe economics researchMon Nov 20 2023 - 05:00
PwC Ireland opens new generative AI centre to boost adoption of technologyConsultancy also publishes survey suggesting Irish firms have been slow to adopt new technologyMon Nov 20 2023 - 05:00
Britain’s Tories facing end of days as electoral wipeout looms Party hopes to resurrect fortunes by bringing former PM David Cameron back but its policy positions are alienating younger votersSun Nov 19 2023 - 10:57
RTÉ to offer ‘enhanced’ golden handshakes for staff earning over €100,000Seen & heard: McEvaddys consider terminal bid; opportunity in tech job losses; stockbrokers retrench; Quintain funding; and Cathal Brugha planSun Nov 19 2023 - 09:26
First-time homebuyers are older and earning more than ever - reportBanking & Payments Federation Ireland’s mortgage market report highlights the changing profile of buyers in Irish property marketFri Nov 17 2023 - 16:13
Slowdown in Irish labour market described as ‘striking’ as tech jobs fall by 3,400 IT sector suffers sharpest turnaround with jobs growth swinging from 8% year-on-year in December last year to -2.7% in SeptemberThu Nov 16 2023 - 16:25
Dublin house prices decline by 1.9% as higher interest rates deter buyersLatest CSO data highlights a fall-off in transactions in SeptemberWed Nov 15 2023 - 11:28
Irish economy expected to shrink this year for first time in over a decadeEuropean Commission predicts GDP will contract by 0.9% this year before growing by 3% in 2024 and 3.4% in 2025Wed Nov 15 2023 - 10:02
Tullow cuts full-year production forecast for second timeOil firm cites delays at its Jubilee South East site in GhanaWed Nov 15 2023 - 08:15
Ministers hail sea-change in housing supply Based on current trends, new home completions are expected to exceed this year’s target of 29,000 unitsWed Nov 15 2023 - 06:00
Household wealth slips by €12bn amid falling share pricesHeadline figure of €359bn was down from €371bn the previous year, driven by declining equity values, says CSOTue Nov 14 2023 - 16:22
Bidding process for buying homes in Ireland could be overhauled after expert processScottish model of closed bids where ‘highest bidder gets the house’ will be examined, Taoiseach saysTue Nov 14 2023 - 14:41
Government on course to exceed housing targets in 2023 and 2024, says Taoiseach Based on completion and commencement trends to date, Government says output is likely to exceed this year’s target of 29,000 units and next year’s 33,000 targetTue Nov 14 2023 - 13:00
A second Trump presidency and the divisive politics of immigrationFormer president’s careful manipulation of grievances related to globalisation and mass immigration has put him ahead of Biden in five of six key swing statesSun Nov 12 2023 - 11:04
European shares hit three-week high on earnings boostIn Dublin, Flutter tumbles on back of dour earnings forecastThu Nov 09 2023 - 18:19
Irish inflation falls back to 5.1% as energy prices continue to dropLatest Consumer Price Index indicates that prices on a monthly basis rose by 0.3 per cent in OctoberThu Nov 09 2023 - 12:05
