Collapse in young home ownership rates will leave future retirees financially exposed, study finds Research warns old age pensioners in years ahead will have to pay rent although no longer workingWed Jul 06 2022 - 00:02
Hike property taxes and impose congestion charges, tax commission says Commission on Taxation and Welfare warns Government of need to raise billions to fund spendingTue Jul 05 2022 - 05:45
Government right to alter spending plans but must avoid fuelling inflationSummer Economic Statement signals additional outgoings and tax measures in budget due to surplusMon Jul 04 2022 - 20:16
Booming tax receipts generate €4.2bn surplus for GovernmentStrong exchequer returns driven by corporation tax, VAT and income tax and lower spending on Covid supportsMon Jul 04 2022 - 19:34
Beacon Hospital signals further expansion with acquisition of two adjacent sitesDenis O’Brien-controlled private hospital plans to expand clinical facilities and create a new medical research hubMon Jul 04 2022 - 05:30
Business failures could soar following removal of supports, PwC warnsReport by consultancy firm notes rise in business insolvencies in first half of 2022 but from low baseMon Jul 04 2022 - 05:00
Varadkar launches consultation on future of Ireland’s enterprise policyTánaiste warns State can’t stand still amid seismic events like pandemic, Brexit and climate changeSun Jul 03 2022 - 16:23
Why is the Republic of Ireland such an expensive country? What is it that makes Ireland such an expensive country?Sun Jul 03 2022 - 12:07
Forum hears just 16% of Africa’s population vaccinated against Covid-19Head of the African Development Bank tells Dublin event of looming food crisis triggered by war in UkraineThu Jun 30 2022 - 19:41
Coveney welcomes moves to avert African food crisis, highlights State’s deepening ties with regionMinister for Foreign Affairs was speaking at the Africa Ireland Economic Forum event in DublinThu Jun 30 2022 - 11:41
Commission rolls out €56m scheme for Irish farmers affected by Ukraine warFarmers impacted by crisis can avail of grants of up to €35,000Wed Jun 29 2022 - 14:09
Republic is second most expensive euro zone country for food and alcoholCSO finds alcohol prices in State just over double the EU average last yearWed Jun 29 2022 - 12:01
Higher hotel rates due to pent-up demand and refugee crisis, says Dalata bossHotel chain expects revenue per room across the group to be 18% ahead of 2019 levels for the May/June periodWed Jun 29 2022 - 07:51
Irish workers among most productive in the world, says CSOWorkers added an average of €95.76 to the value of the economy for every hour they worked in 2020Tue Jun 28 2022 - 11:09
Paschal Donohoe announces sale of additional 5% stake in AIBMove will reduce State’s holding in lender to 63.5 per centMon Jun 27 2022 - 17:41
Just 25 companies accounted for two-thirds of record €1.1tn FDI in 2020 CSO data highlights massive inward investment in Ireland over last 10 yearsMon Jun 27 2022 - 13:13
Squeeze on real incomes will make it feel like a recessionInflationary surge set to trigger biggest drop in living standards since 2008 financial crisisSun Jun 26 2022 - 13:48
ESRI: ‘House prices are above where we would predict them to be’ Think tank sees ‘overvaluation’ in housing marketThu Jun 23 2022 - 05:00
Irish households facing biggest fall in living standards since 2008 financial crisis, ESRI warnsPersistent inflation and uncertainty due to war will eat into economic performanceThu Jun 23 2022 - 05:00
European stocks gain but investor jitters continueRyanair dives 4% after warning of further disruption due to staff shortagesTue Jun 21 2022 - 19:14
Kerry Co-op shareholders stage protest vote over possible joint venture deal with plcFarmers uneasy about how co-op plans to finance purchase of Kerry’s legacy dairy businessTue Jun 21 2022 - 18:52
Ireland and Denmark ranked as most expensive EU countries Cost of basic goods and services in Ireland 40 per cent higher than EU average in 2021, Eurostat figures showTue Jun 21 2022 - 13:35
Frequency and intensity of shocks hitting global economy unprecedented, says DonohoeMinister appears to rule out further inflation-easing measures in advance of October’s budgetMon Jun 20 2022 - 12:06
Kingspan warns of deteriorating conditions but remains on course for record half-year profitInsulation-maker says it expects to report a record half-year trading profit of approximately €415 million later this year.Mon Jun 20 2022 - 07:41
Britain’s Brexit gamble: will it reinvigorate economy or trigger permanent decline? Isolating Brexit's impact amid the lingering effects of the pandemic and the current surge in inflation is next to impossibleSun Jun 19 2022 - 15:55
Irish mortgage holders may be facing bigger interest rate hikes than expectedECB’s Klaas Knot says several 50 basis point hikes possible if inflation worsensFri Jun 17 2022 - 12:36
State fund to invest €500m in five regional cities ISIF announces post-pandemic investment for Cork, Galway, Limerick, Waterford and KilkennyThu Jun 16 2022 - 11:41
Nearly a third of Irish households now living in energy povertyESRI says cutting indirect taxes on fuel represents a ‘poorly-targeted’ responseThu Jun 16 2022 - 00:01
Irish house price inflation cools for first time in nearly two yearsProperty prices rose by 14.2 per cent year on year in April, down from a rate of 15.1 per cent previouslyWed Jun 15 2022 - 11:05
Ireland ranked third-most competitive country in the euro areaLatest IMD rankings highlight Ireland’s improved fiscal position and ability to attract investmentWed Jun 15 2022 - 06:58
UK’s largest asset manager raises concern over Ireland’s climate targetsLegal & General Investment Management votes against chairpersons in 80 companies for failing to tackle issueWed Jun 15 2022 - 05:47
Incidence of low paid work in Ireland higher than expectedStudy finds greater proportion of young workers earning less than €20,000 a yearTue Jun 14 2022 - 20:47
Average dairy farm income in Ireland surges to record €97,350 Teagasc’s latest annual farm survey also details a sharp rise in input cost as fertiliser and fuel costs soarTue Jun 14 2022 - 13:26
OECD warns of major slowing down in growth across EuropeParis-based agency says high inflation and low consumer confidence have weakened the economic outlookMon Jun 13 2022 - 17:00
Surging input prices dent confidence in construction sectorLatest survey from BNP Paribas Real Estate Ireland pointed to a further slowdown in growthMon Jun 13 2022 - 11:05
Are property funds turning us into a nation of renters? Institutional investors are now the main buyers of apartments in Dublin, they are also paying - on average - more than household purchasers.Sun Jun 12 2022 - 13:01
Is Ireland heading into recession? 2022 was meant to a period of bounce back but now we’re talking about stagflation, fraying household budgets and higher interest ratesFri Jun 10 2022 - 05:00
Mortgage holders enter era of rising repayments as ECB announces rate hikeECB’s move comes as headline inflation jumps to a 38-year high of 7.8 per centThu Jun 09 2022 - 21:16
Q&A: What would ECB interest rate hikes mean for you and your mortgage?More expensive mortgages are certainly on the wayThu Jun 09 2022 - 16:08
World paying ‘hefty price’ for Russia’s war against Ukraine, says OECD Paris-based think tank slashes growth forecasts for global economy and Ireland while warning of possible food crisesWed Jun 08 2022 - 13:26
World Bank warns many countries headed for recessionWashington-based institution says Russia’s invasion of Ukraine has compounded damage from pandemic and raised risk of 1970s-style stagflationTue Jun 07 2022 - 15:46
Future value of Tiger Woods golfing career put at $175 millionProfessional services firm Kroll calculates the Future Career Value (FCV) of world’s top golfers.Mon Jun 06 2022 - 07:15
Nama land with potential for 86,145 homes sold since 2011, but fewer than 11,000 built Bulk of the land and potential residential units were in Dublin, Cork, Kildare, Wicklow, Meath, Galway and Louth.Mon Jun 06 2022 - 06:30
Is Putin winning the economic war over Ukraine?Russia may have been humiliated on the battlefield but a $96 billion trade surplus suggests it is not as weakened economically as western leaders maintainSun Jun 05 2022 - 14:32
Irish economy grows by nearly 11% in first quarter Growth not reflected in domestic economy, which shrinks 1% in face of soaring inflationFri Jun 03 2022 - 11:56
Input price inflation in services sector stays near 22-year highAIB’s latest purchasing managers’ index (PMI) for services sector suggests firms are experiencing severe cost pressuresFri Jun 03 2022 - 05:00
European stocks climb on thin volumes with London closedInvestors closely watching oil prices after delegates say Opec+ has agreed bigger increaseThu Jun 02 2022 - 19:31
‘Robust’ tax receipts deliver €1.4bn surplus for GovernmentLatest exchequer returns point to big increases in VAT, income tax and corporation tax as economy recoversThu Jun 02 2022 - 16:34
Lower-income households hit harder by inflationRenting households also experiencing higher rates of price growthThu Jun 02 2022 - 11:37
Open Orphan wins €17.2m contract for flu studyDublin-listed pharmaceutical services firm wins contract with major pharma firmWed Jun 01 2022 - 15:11
