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Ireland’s economic divide providing a lit match for far right

Ireland’s economic divide providing a lit match for far right

The twin-track, increasingly polarising nature of the Irish economy is being used as ammunition by dark forces

Sun Feb 05 2023 - 11:45
Housing now biggest threat to Ireland’s economic wellbeing

Housing now biggest threat to Ireland’s economic wellbeing

Business leaders say we have reached a tipping point and that unless something is done to improve housing availability, our jobs-rich growth model will stall

Fri Feb 03 2023 - 05:00
Consumer spending and inflation bolster Government’s VAT receipts

Consumer spending and inflation bolster Government’s VAT receipts

Latest exchequer numbers show the State collected €7.5bn in tax in January

Thu Feb 02 2023 - 16:30
Permanent TSB opens for business in former Ulster Bank branches

Permanent TSB opens for business in former Ulster Bank branches

Bank takes over 25 former Ulster Bank branches, expanding its branch network to 98 locations

Wed Feb 01 2023 - 15:52
Unemployment remains anchored at two-decade low of 4.4%

Unemployment remains anchored at two-decade low of 4.4%

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

Wed Feb 01 2023 - 11:15
Davy doubles growth forecast for Irish economy on ‘less challenging’ global outlook

Davy doubles growth forecast for Irish economy on ‘less challenging’ global outlook

Brokerage predict economy will grow by 6.9 per cent this year, up from a previous forecast of 3.5 per cent, as energy prices fall

Wed Feb 01 2023 - 00:01
‘Sticky’ inflation might see higher interest rates lingering for a while longer

‘Sticky’ inflation might see higher interest rates lingering for a while longer

Price growth may have peaked but economists disagree on how quickly it will revert to more normal levels

Tue Jan 31 2023 - 15:43
Irish inflation falls to 7.7% amid hopes spike in prices may have peaked

Irish inflation falls to 7.7% amid hopes spike in prices may have peaked

Latest flash estimate from CSO points to a softening in headline price growth on the back of lower energy prices

Tue Jan 31 2023 - 11:39
IMF forecasts stronger global growth as inflation eases

IMF forecasts stronger global growth as inflation eases

Washington-based agency said balance of risks remain tilted to the downside while warning Russia’s war in Ukraine could escalate

Tue Jan 31 2023 - 01:30
Residential construction surges but demand still outstrips supply, report finds

Residential construction surges but demand still outstrips supply, report finds

Property database GeoDirectory highlights pick-up in construction while noting prices and rents are still on the rise

Tue Jan 31 2023 - 00:01
Irish economy grew by 12.2% last year despite price squeeze and slowdown internationally

Irish economy grew by 12.2% last year despite price squeeze and slowdown internationally

Latest flash estimate from Central Statistics Office was significantly ahead of expectations and made Ireland the fastest-growing economy in Europe

Mon Jan 30 2023 - 12:42
Housing shortage now a ‘critical barrier’ to growth in Irish economy, Ibec warns

Housing shortage now a ‘critical barrier’ to growth in Irish economy, Ibec warns

Employers’ group says Government must adopt a suite of measures to improve the viability and affordability of homebuilding

Mon Jan 30 2023 - 06:00
Inflation, economic volatility and war displace climate and cyber risks as top threats to business

Inflation, economic volatility and war displace climate and cyber risks as top threats to business

PwC’s annual CEO survey pinpoints changed priorities for business leaders after a year of inflation and war in Ukraine

Mon Jan 30 2023 - 05:30
Ten Irish SMEs win customised supports and ad package from Google to help them flourish online

Ten Irish SMEs win customised supports and ad package from Google to help them flourish online

Winning businesses from across retail and services sectors get leg up from web giant

Mon Jan 30 2023 - 05:15
Ireland’s housing crisis: why doesn’t the State step in and build?

Ireland’s housing crisis: why doesn’t the State step in and build?

Red tape means purchasing social housing units directly from the private sector has become a more efficient use of resources

Sun Jan 29 2023 - 16:45
Cost-of-living crisis spoils Christmas for retailers

Cost-of-living crisis spoils Christmas for retailers

CSO data shows volume of sales fell flat in December as consumers felt the pinch

Fri Jan 27 2023 - 11:42
Government beats housing target but what difference does it make?

Government beats housing target but what difference does it make?

It has taken industry a decade to build at a rate that is even close to demand

Thu Jan 26 2023 - 16:44
New home completions rose 45% to almost 30,000 last year

New home completions rose 45% to almost 30,000 last year

CSO figures point to big uptick in residential construction despite higher costs

Thu Jan 26 2023 - 11:25
‘Seasonal switch-off’ boosts Irish consumer sentiment despite uncertain outlook

‘Seasonal switch-off’ boosts Irish consumer sentiment despite uncertain outlook

Latest Credit Union sponsored survey indicates consumers were buoyed by lower fuel prices and the roll-out of Government supports

Thu Jan 26 2023 - 00:01
Still 75 ‘ghost estates’ left over from property crash

Still 75 ‘ghost estates’ left over from property crash

Department of Housing figures indicate some 40 of these developments remain totally unoccupied

Wed Jan 25 2023 - 18:13
Just 17% of Irish employers aware of their ESG obligations

Just 17% of Irish employers aware of their ESG obligations

Survey finds big disjuncture between how compliant employers think they are and how compliant they actually are

Wed Jan 25 2023 - 07:00
Dawn Meats to acquire rival processor Kildare Chilling

Dawn Meats to acquire rival processor Kildare Chilling

Potential deal will lead to further consolidation of Ireland’s processing industry

Tue Jan 24 2023 - 16:29
Private sector delivering more than seven in 10 new social homes, department figures show

Private sector delivering more than seven in 10 new social homes, department figures show

Some 72 per cent of social homes delivered in the first nine months of last year came via turnkey or Part V purchases

Tue Jan 24 2023 - 05:00
Tech lifts European shares as economic outlook improves

Tech lifts European shares as economic outlook improves

Optimism rises despite hawkish remarks from ECB

Mon Jan 23 2023 - 17:57
Inherited wealth: Does it drive inequality that no amount of workplace success can match?

Inherited wealth: Does it drive inequality that no amount of workplace success can match?

Central Bank study weighs in to debate on inheritance and wealth in Ireland with some unexpected findings

Sun Jan 22 2023 - 15:32
Female participation in Irish labour force still lags international average

Female participation in Irish labour force still lags international average

OECD figures on employment and participation reveal Ireland to be statistical outlier

Thu Jan 19 2023 - 17:12
Record Building Energy Rating audits carried out in final part of last year

Record Building Energy Rating audits carried out in final part of last year

CSO figures show homes in Kildare, Dublin and Meath tended to be most energy efficient

Thu Jan 19 2023 - 15:48
Inherited wealth in Ireland nears €100bn

Inherited wealth in Ireland nears €100bn

Proportion of households inheriting wealth is at highest level in 20 years

Thu Jan 19 2023 - 12:34
Price inflation in used car market slows as cost-of-living pressures bite

Price inflation in used car market slows as cost-of-living pressures bite

Latest report from DoneDeal suggests inflation slow to 1.4 per cent at the end of last year as supply increased

Thu Jan 19 2023 - 05:00
Irish house price growth slows to 8.6%

Irish house price growth slows to 8.6%

Annual rate of increase in Dublin fell to 7% in November, latest data from CSO shows

Wed Jan 18 2023 - 15:57
Kenmare Resources improves cash position while announcing increased interim dividend

Kenmare Resources improves cash position while announcing increased interim dividend

Mining group sees ‘robust’ demand for products amid record shipments of product

Wed Jan 18 2023 - 08:09
Nearly a third of young people are considering moving abroad for work

Nearly a third of young people are considering moving abroad for work

Survey by the Jameson International Graduate Programme find desire to travel is main motivator

Wed Jan 18 2023 - 07:39
Irish exports to Arab countries hit record €2.2bn

Irish exports to Arab countries hit record €2.2bn

Report commissioned by Irish Arab Chamber of Commerce highlights opportunity for exporting SMEs

Tue Jan 17 2023 - 16:21
Irish inflation eases to 8.2% in December

Irish inflation eases to 8.2% in December

Latest consumer price index from Central Statistics Office fuels hopes price surge may have peaked

Tue Jan 17 2023 - 12:03
Hooray for Ireland’s record food and drink exports – just don’t mention the climate

Hooray for Ireland’s record food and drink exports – just don’t mention the climate

Bord Bia’s latest food and drink export figures draws negative response from the dairy sector

Sun Jan 15 2023 - 13:03
Wave of small landlords exit as buy-to-lets make up 40% of property sales in Q4 - report

Wave of small landlords exit as buy-to-lets make up 40% of property sales in Q4 - report

Society of Chartered Surveyors Ireland predicts house prices to continue rising despite effects of inflation and higher interest rates

Fri Jan 13 2023 - 00:01
Low-income and rural households most exposed to rising energy prices

Low-income and rural households most exposed to rising energy prices

Central Bank study examines financial resilience of households

Thu Jan 12 2023 - 17:59
Employment rises across all sectors of economy, despite weaker outlook

Employment rises across all sectors of economy, despite weaker outlook

CSO’s new employment series pinpoints strong rebound from Covid

Thu Jan 12 2023 - 14:35
Kerry Group to sell sweet ingredients division to US equity firm for €500m

Kerry Group to sell sweet ingredients division to US equity firm for €500m

Irish company says proceeds will be used to further develop its taste and nutrition business

Wed Jan 11 2023 - 17:17
Unemployment falls to fresh 20-year low despite slowdown in activity

Unemployment falls to fresh 20-year low despite slowdown in activity

Latest CSO data points to buoyant labour market conditions

Wed Jan 11 2023 - 11:42
Business activity in Dublin stalls as inflation hits consumer spending

Business activity in Dublin stalls as inflation hits consumer spending

Latest PMI from ratings agency S&P ends a six-quarter sequence of expansion

Wed Jan 11 2023 - 10:42
Food and drink exports hit record €16.7bn in 2022 despite inflationary challenge

Food and drink exports hit record €16.7bn in 2022 despite inflationary challenge

Latest Bord Bia figures point to another record year for Irish food and drink exports with UK trade also up despite Brexit

Wed Jan 11 2023 - 06:00
Irish PR firm Hume Brophy sold to US communications group Penta

Irish PR firm Hume Brophy sold to US communications group Penta

Deal was backed by US equity firm Falfurrias Capital, the financial vehicle of former Bank of America chief executive Hugh McColl

Tue Jan 10 2023 - 15:14
Coveney confident Brexit impasse can be broken in wake of data-sharing agreement

Coveney confident Brexit impasse can be broken in wake of data-sharing agreement

Minister says Rishi Sunak’s appointment as prime minister prompted change in the UK’s approach to negotiations

Tue Jan 10 2023 - 14:29
Coveney optimistic about economic outlook but warns of likely setbacks as multinationals downsize

Coveney optimistic about economic outlook but warns of likely setbacks as multinationals downsize

State agency says client firms employed 218,178 people in the Irish economy in 2022

Tue Jan 10 2023 - 07:00
State spent more than €59bn on social protection in 2021

State spent more than €59bn on social protection in 2021

Healthcare and old age spending account for two thirds of the expenditure

Mon Jan 09 2023 - 12:52
Manufacturing output jumps 40% in final part of 2022

Manufacturing output jumps 40% in final part of 2022

CSO figures point to surge in multinational exports, particularly from Big Pharma

Mon Jan 09 2023 - 12:20
The economic outlook for 2023: four commentators give their views

The economic outlook for 2023: four commentators give their views

Ireland finds itself in the grip of an inflation crisis, just one of several challenges that must be addressed effectively

Fri Dec 30 2022 - 05:00
Extra 16,000 households eligible for social housing supports with new income thresholds

Extra 16,000 households eligible for social housing supports with new income thresholds

From next year, the upper-income threshold to qualify for social housing in the Republic will be increased by €5,000

Tue Dec 27 2022 - 05:15
The Brexit impact on Ireland’s trade: there hasn’t been one

The Brexit impact on Ireland’s trade: there hasn’t been one

Despite the warnings, the State's trade with the UK has increased steadily since Brexit

Tue Dec 27 2022 - 03:00
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