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Brexit triggers ‘significant decline’ in EU-UK trade

Brexit triggers ‘significant decline’ in EU-UK trade

European Central Bank research also indicates that a significant number of UK firms have ceased trading with the EU due to increased bureaucracy

Mon May 15 2023 - 16:20
Irish economy to keep growing even as European Commission warns of ‘persistent’ inflation

Irish economy to keep growing even as European Commission warns of ‘persistent’ inflation

Spring forecast paints upbeat picture of domestic economy, with strong exports and resilient consumer demand expected to drive growth

Mon May 15 2023 - 10:29
Budget surplus: Throwing money at Ireland’s social problems is not the answer

Budget surplus: Throwing money at Ireland’s social problems is not the answer

With a predicted €65bn in surpluses, the Government has to work out how to invest sensibly in public services and avoid overheating the economy

Sun May 14 2023 - 13:44
Ireland’s inflation rate drops to 7.2% but it will bring little relief to households

Ireland’s inflation rate drops to 7.2% but it will bring little relief to households

Headline rate was down from 7.7 per cent the previous month and was linked to falling energy prices internationally

Thu May 11 2023 - 11:33
Avonmore owner reports €3bn turnover on back of record dairy prices

Avonmore owner reports €3bn turnover on back of record dairy prices

Tirlán sold 423,000 tonnes of dairy products and ingredients in 100 markets last year

Wed May 10 2023 - 13:18
State likely to suffer sharp funding shortfall within five years, commission warns

State likely to suffer sharp funding shortfall within five years, commission warns

Members of the Commission for Taxation and Welfare due before Oireachtas Committee on Budgetary Oversight

Wed May 10 2023 - 04:54
Ireland will avoid financial scrutiny under new fiscal rules, says watchdog

Ireland will avoid financial scrutiny under new fiscal rules, says watchdog

Irish Fiscal Advisory Council says the inflated nature of Ireland’s GDP figures mean we will easily comply with new framework

Tue May 09 2023 - 18:32
Shift to buying electric and hybrid cars accelerates

Shift to buying electric and hybrid cars accelerates

Electric vehicles account for 17% of all new vehicles licensed in the State so far this year

Tue May 09 2023 - 12:54
Vacant property tax generally backed by public but most want rate to be more penal, survey finds

Vacant property tax generally backed by public but most want rate to be more penal, survey finds

Over 70% of those backing tax to increase housing supply think rate should be at least almost five times the current 0.3% - Taxback.com survey

Tue May 09 2023 - 05:00
European shares end higher, lifted by healthcare and bank stocks

European shares end higher, lifted by healthcare and bank stocks

AIB and Bank of Ireland enjoy positive sentiment

Mon May 08 2023 - 18:16
Number on live register falls marginally

Number on live register falls marginally

People between ages of 25 and 54 account for two-thirds of all claimants

Mon May 08 2023 - 12:04
Real wages decline ramps up pressure on Government ahead of budget

Real wages decline ramps up pressure on Government ahead of budget

Analysis: Government needs inflation to come down fast in order to deflect growing demand to spend

Tue Apr 25 2023 - 14:21
Irish workers experience sharp dip in living standards as inflation erodes pay rises — OECD

Irish workers experience sharp dip in living standards as inflation erodes pay rises — OECD

Irish workers also ended up paying more tax on lower real income, body says

Tue Apr 25 2023 - 10:09
Hvivo sees revenue jump 30% to £50.6 million on back of bigger contracts

Hvivo sees revenue jump 30% to £50.6 million on back of bigger contracts

Dublin and London-listed pharmaceutical company says results were driven by strong trading and execution of challenge trials

Tue Apr 25 2023 - 07:51
Rising farmland prices linked to incoming environmental regulations

Rising farmland prices linked to incoming environmental regulations

Report indicates most expensive land in State is in Kildare with good quality land across different plot sizes fetching an average of €15,056 per acre

Tue Apr 25 2023 - 00:15
LGIM votes against pay awards at CRH, Greencore and Flutter

LGIM votes against pay awards at CRH, Greencore and Flutter

UK money manager se its ownership of companies to push for greater ESG (environmental, social and governance) standards

Tue Apr 25 2023 - 00:01
Irish workforce among most productive in the world, CSO report finds

Irish workforce among most productive in the world, CSO report finds

Multinationals skew figures higher, Productivity in Ireland report indicates, as workers here add €102 of value per hour of work on average in 2021

Mon Apr 24 2023 - 11:16
Corporate insolvencies up 22% with cost inflation and higher interest rates burdening firms

Corporate insolvencies up 22% with cost inflation and higher interest rates burdening firms

Figures from Deloitte indicate more than 145 business failures recorded in first three months of the year

Mon Apr 24 2023 - 05:45
AIB to give staff suffering domestic abuse 10 days of paid leave

AIB to give staff suffering domestic abuse 10 days of paid leave

Lender announces suite of new measures to support employees who have suffered domestic violence or abuse

Mon Apr 24 2023 - 05:30
Lidl’s new distribution centre in Mullingar the same size as nine Aviva Stadiums

Lidl’s new distribution centre in Mullingar the same size as nine Aviva Stadiums

German retailer opens one of the State’s biggest distribution centres on back of €80 million investment

Sun Apr 23 2023 - 15:56
UK needs not ‘Brexit opportunities’ minister but a firefighting one

UK needs not ‘Brexit opportunities’ minister but a firefighting one

Instead of reaping rewards from its EU divorce, the government is busy putting out fires related to leaving the bloc

Sun Apr 23 2023 - 12:27
Bord Pleanála ‘legal problem’ puts planning permission for 27,000 homes at risk

Bord Pleanála ‘legal problem’ puts planning permission for 27,000 homes at risk

Seen and Heard: More homes caught up in planning issues, Pernod Ricard’s Jameson whiskey exports to Russia and Ifac’s warning on economy

Sun Apr 23 2023 - 11:05
Government runs record €8bn budget surplus in 2022 as tax revenue surges

Government runs record €8bn budget surplus in 2022 as tax revenue surges

Latest CSO figures also show that gross general government debt fell by €11.4 billion to €224.8 billion at the end of last year

Thu Apr 20 2023 - 11:57
ECB warns it will raise interest rates as long as core inflation remains high

ECB warns it will raise interest rates as long as core inflation remains high

Dutch central bank chief says he is ‘not uncomfortable’ with current market pricing

Thu Apr 20 2023 - 05:00
Rocketing budget surplus exerts pressure on Government to share the wealth

Rocketing budget surplus exerts pressure on Government to share the wealth

Analysis: Coalition focus on building up rainy-day fund now appears unambitious and lacking strategic focus

Wed Apr 19 2023 - 05:00
Giveaway budget likely after latest ‘windfall’ corporate tax forecast

Giveaway budget likely after latest ‘windfall’ corporate tax forecast

Receipts will help equip Coalition with cash surplus as pressure for spending hikes grows

Wed Apr 19 2023 - 01:00
How many new homes will be constructed in Ireland this year?

How many new homes will be constructed in Ireland this year?

Getting an accurate picture on house completions is difficult given the various measures available

Mon Apr 17 2023 - 17:35
Obama’s ‘back of the queue’ prediction for UK proves entirely accurate

Obama’s ‘back of the queue’ prediction for UK proves entirely accurate

Former US president said US-UK trade deal wouldn’t be priority if UK left EU and so it has come to pass

Sun Apr 16 2023 - 13:42
New law may allow State recoup 50% of land value increase after rezoning

New law may allow State recoup 50% of land value increase after rezoning

Local authorities set to secure 30% of any land value increase arising from planning and development decisions

Fri Apr 14 2023 - 04:00
Luxury shares boost Europe’s Stoxx 600, French stocks hit record high

Luxury shares boost Europe’s Stoxx 600, French stocks hit record high

European stocks more than recoup last month’s declines with gains of 1.4% so far

Thu Apr 13 2023 - 19:40
More than 1,300 buyers approved for Government’s First Home Scheme

More than 1,300 buyers approved for Government’s First Home Scheme

Latest figures show buyers in Dublin, Cork, Kildare, Meath and Wicklow the ‘heaviest users’ of shared-equity arrangement

Thu Apr 13 2023 - 18:05
Demand for office space in Dublin slumps as tech layoffs and hybrid working hit demand

Demand for office space in Dublin slumps as tech layoffs and hybrid working hit demand

CBRE highlights fall-off in leasing activity but insists first quarter is traditionally slow

Wed Apr 12 2023 - 17:22
Dairygold reports record €1.65bn turnover on back of surging dairy prices

Dairygold reports record €1.65bn turnover on back of surging dairy prices

Results achieved despite weaker output in major global milk producing regions, company says

Wed Apr 12 2023 - 12:07
Record corporation tax receipts predicted for 2023 by Minister for Finance

Record corporation tax receipts predicted for 2023 by Minister for Finance

Michael McGrath expects last year’s €22.6bn record to be surpassed, but cautioned about future fall-off following OECD moves

Mon Apr 10 2023 - 05:00
Corporation tax windfall equivalent to €5,000 for every man, woman and child in the State

Corporation tax windfall equivalent to €5,000 for every man, woman and child in the State

Tech giant Apple is probably behind bulge in March figures as receipts from business tax look set to eclipse last year’s record total

Sun Apr 09 2023 - 13:06
Dublin property market dominated by first-time buyers and landlords exiting, says DNG

Dublin property market dominated by first-time buyers and landlords exiting, says DNG

Estate agent warns the supply of rental accommodation available is continuing to decrease

Fri Apr 07 2023 - 04:00
Department failed to spend €1bn earmarked for housing over past three years

Department failed to spend €1bn earmarked for housing over past three years

Underspend could have funded construction of 4,000 social houses

Thu Apr 06 2023 - 07:00
Unemployment remains at two-decade low of 4.3%

Unemployment remains at two-decade low of 4.3%

Latest CSO figures point to tight labour market despite inflation crisis, with challenging recruitment conditions for employers

Wed Apr 05 2023 - 16:52
New savings vehicle will use corporate tax to defuse pensions time bomb

New savings vehicle will use corporate tax to defuse pensions time bomb

Record business tax receipts give Government chance to plan ahead for financial impact of keeping State pension age at 66

Tue Apr 04 2023 - 19:14
Government collects another €1bn corporate tax windfall in March

Government collects another €1bn corporate tax windfall in March

Exchequer returns show State took in €3.2bn in business tax in the first quarter, up €1.3bn on last year, but officials say only half is likely to be permanent

Tue Apr 04 2023 - 16:30
Typical Irish home buyer is now 39 years old - CSO

Typical Irish home buyer is now 39 years old - CSO

CSO figures show the median age of property purchasers in 2021 was 39, up from 35 in 2010

Tue Apr 04 2023 - 12:02
Rental market forecast to shrink by further 15,000 units this year, Sherry FitzGerald warns

Rental market forecast to shrink by further 15,000 units this year, Sherry FitzGerald warns

Traditional buy-to-let investors are continuing to exit the rental market at a rate of two to one, estate agent says

Mon Apr 03 2023 - 12:51
Ireland is undertaking one of Europe’s largest environmental projects. But farmers fear its effects

Ireland is undertaking one of Europe’s largest environmental projects. But farmers fear its effects

Semi-state is attempting to rehabilitate 33,000 hectares of Midlands bog in one of the largest environmental projects being undertaken in Europe

Sun Apr 02 2023 - 12:14
European stocks rally as banking worries fade

European stocks rally as banking worries fade

With contagion appearing to be contained for now, investor jitters eased

Thu Mar 30 2023 - 18:34
Inflation is falling - but here’s why things may not be getting cheaper

Inflation is falling - but here’s why things may not be getting cheaper

The latest numbers point to a drop in the headline rate but underlying price growth is still stubbornly high

Thu Mar 30 2023 - 16:44
Irish inflation falls in March on back of lower energy prices

Irish inflation falls in March on back of lower energy prices

Latest EU Harmonised Index of Consumer Prices for State points to an easing of price growth

Thu Mar 30 2023 - 11:29
Ireland has poor financial literacy levels compared to other countries, survey finds

Ireland has poor financial literacy levels compared to other countries, survey finds

BoI poll shows Irish people have less understanding of how their personal finances work than peers in UK, Australia and Germany

Wed Mar 29 2023 - 08:02
Irish economy set for stronger growth but cost-of-living to remain problem for households

Irish economy set for stronger growth but cost-of-living to remain problem for households

ESRI expects headline inflation to moderate to 4.5% this year but warns underlying price growth may be more difficult to bring down

Wed Mar 29 2023 - 00:00
Ireland’s economic turnaround is real but comes with major concentration risk

Ireland’s economic turnaround is real but comes with major concentration risk

ESRI highlights concentration risk at heart of economy here, not just in tax but in employment and trade

Wed Mar 29 2023 - 00:00
European shares rebound as banking jitters ebb on SVB deal

European shares rebound as banking jitters ebb on SVB deal

Sense of calm returns to markets following a week of turbulence

Mon Mar 27 2023 - 18:51
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