OECD warns of slowing global economy as higher interest rates biteParis-based agency downgrades growth forecast for 2024, suggesting tighter financial conditions will curb demandTue Sept 19 2023 - 15:03
Budget 2024 spending plans could ‘destabilise the economy’, fiscal watchdog to warnIrish Fiscal Advisory Council adds voice to chorus of warnings about Coalition’s upcoming budget packageTue Sept 19 2023 - 13:00
Budget 2024: Coalition plans risk keeping inflation higher for longer, Central Bank warnsRegulator also downgrades growth forecast for Irish economy on back of capacity constraints and tougher monetary conditionsTue Sept 19 2023 - 00:00
Domestic capacity constraints to restrict economic growth, Central Bank warnsRegulator says capacity constraints in employment and housing point to moderate growth outlookTue Sept 19 2023 - 00:00
Dublin house prices fall at sharpest rate in three yearsIrish price inflation slows to 1.5% as mortgage costs take the heat out of property marketMon Sept 18 2023 - 15:31
Dublin needs better public transport, says business groupDublin Chamber says city’s commuter belt in the Greater Dublin Area and beyond needs better public transportMon Sept 04 2023 - 06:00
Investment firms with Irish subsidiaries pump €5.7bn into fossil fuels since Paris climate dealNew report claims Ireland is a ‘significant channel’ for global investment in fossils fuels and industrial agricultureMon Sept 04 2023 - 06:00
Xtremepush acquires UK-based Thunderbite for undisclosed sumDublin-based tech business says deal will offer a seamless experience for operators, driving growth and retentionMon Sept 04 2023 - 05:00
Confusing inflation outlook further complicated by two measures of price growthThe CSO’s two methods of calculating inflation - the CPI and HICP - have begun to diverge, reflecting a crucial shift in the inflation dynamic in IrelandSun Sept 03 2023 - 15:18
DAA ‘not in contention’ for Dublin Airport land as rivals table higher bidsThe airport operator had previously speculated that it would be the only bidder for the 260-acre site, which could be worth as much as €210 million and would have strategic importance for a future third terminalSun Sept 03 2023 - 14:23
Irish economy grows at reduced rate as multinational exports decline Latest national accounts show economy expanded by 0.5% in second quarter compared with first three months of yearFri Sept 01 2023 - 11:52
Irish manufacturing rebounds in August despite global slumpAIB’s purchasing managers’ index points to pick-up in new orders, particularly new export ordersFri Sept 01 2023 - 05:00
Average rent on new tenancies rises by nearly 9% to €1,544 a month Latest figures from the Residential Tenancies Board indicate the average rent on new tenancies in Dublin rose to over €2,100 per monthThu Aug 31 2023 - 12:49
Irish inflation unexpectedly rises to 4.9% in AugustIncrease was blamed on increases in the cost of home heating oil, transport fuels, airfares and package holidaysWed Aug 30 2023 - 11:47
IT workers still best paid but tech downturn triggers fall in wages Latest CSO data shows average weekly earnings for all workers in the Republic rose by 4.3 per cent year-on-year to €909.77Tue Aug 29 2023 - 12:47
Hvivo announces plans for bigger facility on back of ‘growing orderbook’Pharmaceutical services company formerly known as Open Orphan is to move to a new expanded facility in LondonTue Aug 29 2023 - 07:59
Eir paid out dividends of €1.85bn since French billionaire takeoverTelco said its fibre broadband customer base increased by 2 per cent year on year to 852,000 customersTue Aug 29 2023 - 07:35
Sinn Féin quietly jettisons controversial policies as power beckonsAs it plunges deeper into middle-class voting channels, the party is refining its tax policies and wooing big businessSun Aug 27 2023 - 12:27
European stocks give up early gains as euro dips on ECB rate pause expectationsWorld stocks whipsaw on Friday after balanced message from Federal ReserveFri Aug 25 2023 - 18:37
Banks may be penalised for not passing on higher rates to savers, McGrath signalsMinister for Finance says he plan to review scope and scale of State’s bank levy in the budgetFri Aug 25 2023 - 06:00
More sustained IT downturn would have ‘severe implications’ for public finances, department warnsDepartment of Finance’s annual taxation report says up to €11bn of last year’s corporation tax revenue should be treated as ‘potentially transitory’.Thu Aug 24 2023 - 14:06
Employment in Irish economy hits new 2.6m high despite global headwindsCSO’s latest Labour Force Survey highlights ongoing strength in the labour marketThu Aug 24 2023 - 11:43
Consulting firms accused of exploiting conflicts of interest around the world by Australian senatorInvestigation led by Deborah O’Neill into confidential data leak by PwC Australia’s head of international tax in which Irish operation namedThu Aug 24 2023 - 05:05
Irish consumer sentiment dips on negative jobs data and weakening global outlookLatest Credit Union Consumer Sentiment Index falls for first time in five months amid talk of another interest rate hikeThu Aug 24 2023 - 05:00
Rising mortgage rates to keep inflation higher for longer, warns competitiveness council Mortgage interest rate rises overtake energy prices as chief driver of price growth, says National Competitiveness and Productivity CouncilThu Aug 24 2023 - 01:00
Household bills will take time to reflect lower wholesale prices, energy companies sayElectric Ireland, Bord Gáis and SSE cite hedging for price cut delay as survey says Dublin consumers pay nearly twice EU average for powerWed Aug 23 2023 - 19:59
Wholesale electricity prices down 64% on this time last yearElectricity costs on wholesale markets are lower than any time during the past two years, CSO data indicatesTue Aug 22 2023 - 13:32
Irish economy defies deteriorating outlook to register strong growth in JuneESRI’s latest nowcast indicated that modified domestic demand (MDD) grew by 3.5 per cent year-on-year in JuneTue Aug 22 2023 - 12:18
One of the largest solar farm projects for the midlands is refused planning permissionWestmeath County Council rejects application for solar energy development on 87-hectare site at GarlandstownMon Aug 21 2023 - 14:59
New electricity provider enters Irish market, claiming to offer cheapest ratesYuno Energy says its new service could save Irish consumers more than €500 annually on their electricity billsMon Aug 21 2023 - 07:51
Statkraft buys Irish portfolio of wind assets from London-listed TRIG groupNorwegian energy group beefs up its asset base in Ireland acquiring portfolio of wind farmsMon Aug 21 2023 - 07:23
The UK blew it on tax cuts, Norway invested it: what will Ireland do with its tax windfall? What the UK and Norway did with their oil and gas wealth couldn’t have been more different. Both experiences provide valuable lessons for IrelandSun Aug 20 2023 - 11:28
Dublin house prices now falling at sharpest rate in almost three yearsProperty prices continue to rise outside the capital but there was a significant fall-off in the number of transactionsWed Aug 16 2023 - 11:22
Glanbia upgrades earnings forecasts as group managing director Siobhán Talbot to step down Glanbia Performance Nutrition chief Hugh McGuire to take up role in JanuaryWed Aug 16 2023 - 08:30
Number of second-hand homes for sale falls to record lowHistorically low housing stock levels hitting market, says Sherry FitzGeraldTue Aug 15 2023 - 16:49
Irish exports hit near record €19.5bn in June on back of strong pharma trade Exports of pharmaceutical products organic chemicals accounted (at €4.4 billion) accounted for around 60 per cent of total exportsTue Aug 15 2023 - 12:03
Property sales being lost amid conveyancing delays, agents claimInstitute of Professional Auctioneers and Valuers says process is now taking on average four months to completeMon Aug 14 2023 - 14:24
Fertiliser prices in Ireland fall by 43% in tandem with reduced gas pricesReduced input cost ease pressure on farmers and food pricesMon Aug 14 2023 - 14:17
Avolon partners with cabin supplier Soisa to recycle discarded aircraft materialsWaste materials, including over 800kg of leather, to be used to make traditional artisan products such as wallets, bags and apronsMon Aug 14 2023 - 05:00
Economic activity in Northern Ireland slows for first time in six monthsLatest Ulster Bank barometer points to a decline in activity for the first time in six monthsMon Aug 14 2023 - 05:00
Recovery in construction stalls in July as inflation picks up againLatest BNP Paribas Real Estate Purchasing Managers’ Index (PMI) highlights first fall-off in new orders in six monthsMon Aug 14 2023 - 05:00
Eoin Burke-Kennedy: How the ESB protected UK customers from higher energy prices but not Irish onesDespite wanting to limit price increases on consumers here, the former State monopoly was prevented from doing so by EU competition lawSun Aug 13 2023 - 12:00
Irish inflation falls to 18-month low of 5.8% as cost of basic items dropsCore rate remains stubbornly high, maintaining pressure on householdsThu Aug 10 2023 - 11:37
Rent inflation ‘stabilises’ in Dublin, Daft report showsLatest Daft report indicates the rate of increase in the capital moderated to just 0.3% in second quarter but was running at 4.3% elsewhereThu Aug 10 2023 - 05:00
Mounting pressure on Coalition to help mortgage holders as interest rates rise above 4%Group of Independent TDs demand action ahead of budget to help hard-pressed homeownersThu Aug 10 2023 - 05:00
Irish mortgage rates hit decade high above 4% Data predate ECB’s July increase and recent rake hikes from lenders here so average is likely to increase furtherWed Aug 09 2023 - 12:37
Flutter’s big US gamble bears fruit as revenues soarHalf-year group revenue jumps by 38% to £4.8 billion as company reports strong pick-up in US businessWed Aug 09 2023 - 07:42
Ireland, the most expensive EU state, has bloc’s highest male life expectancy CSO report provides a snapshot of the State across a range of metrics and how it compares to other European countriesTue Aug 08 2023 - 12:09
Inflation drives value of retail spending in Dublin MasterCard’s latest SpendingPulse report point to continued upward momentum in retail salesTue Aug 08 2023 - 11:49
Bust-up over congestion charges in London could soon play out in DublinCongestion and air pollution in the capital are rising and the city’s transport network could soon become a major climate battlegroundMon Aug 07 2023 - 06:00
