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Squeeze on real incomes will make it feel like a recession

Squeeze on real incomes will make it feel like a recession

Inflationary surge set to trigger biggest drop in living standards since 2008 financial crisis

Sun Jun 26 2022 - 13:48
ESRI: ‘House prices are above where we would predict them to be’

ESRI: ‘House prices are above where we would predict them to be’

Think tank sees ‘overvaluation’ in housing market

Thu Jun 23 2022 - 05:00
Irish households facing biggest fall in living standards since 2008 financial crisis, ESRI warns

Irish households facing biggest fall in living standards since 2008 financial crisis, ESRI warns

Persistent inflation and uncertainty due to war will eat into economic performance

Thu Jun 23 2022 - 05:00
European stocks gain but investor jitters continue

European stocks gain but investor jitters continue

Ryanair dives 4% after warning of further disruption due to staff shortages

Tue Jun 21 2022 - 19:14
Kerry Co-op shareholders stage protest vote over possible joint venture deal with plc

Kerry Co-op shareholders stage protest vote over possible joint venture deal with plc

Farmers uneasy about how co-op plans to finance purchase of Kerry’s legacy dairy business

Tue Jun 21 2022 - 18:52
Ireland and Denmark ranked as most expensive EU countries

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 show

Tue Jun 21 2022 - 13:35
Frequency and intensity of shocks hitting global economy unprecedented, says Donohoe

Frequency and intensity of shocks hitting global economy unprecedented, says Donohoe

Minister appears to rule out further inflation-easing measures in advance of October’s budget

Mon Jun 20 2022 - 12:06
Kingspan warns of deteriorating conditions but remains on course for record half-year profit

Kingspan warns of deteriorating conditions but remains on course for record half-year profit

Insulation-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?

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 impossible

Sun Jun 19 2022 - 15:55
Irish mortgage holders may be facing bigger interest rate hikes than expected

Irish mortgage holders may be facing bigger interest rate hikes than expected

ECB’s Klaas Knot says several 50 basis point hikes possible if inflation worsens

Fri Jun 17 2022 - 12:36
State fund to invest €500m in five regional cities

State fund to invest €500m in five regional cities

ISIF announces post-pandemic investment for Cork, Galway, Limerick, Waterford and Kilkenny

Thu Jun 16 2022 - 11:41
Nearly a third of Irish households now living in energy poverty

Nearly a third of Irish households now living in energy poverty

ESRI says cutting indirect taxes on fuel represents a ‘poorly-targeted’ response

Thu Jun 16 2022 - 00:01
Irish house price inflation cools for first time in nearly two years

Irish house price inflation cools for first time in nearly two years

Property prices rose by 14.2 per cent year on year in April, down from a rate of 15.1 per cent previously

Wed Jun 15 2022 - 11:05
Ireland ranked third-most competitive country in the euro area

Ireland ranked third-most competitive country in the euro area

Latest IMD rankings highlight Ireland’s improved fiscal position and ability to attract investment

Wed Jun 15 2022 - 06:58
UK’s largest asset manager raises concern over Ireland’s climate targets

UK’s largest asset manager raises concern over Ireland’s climate targets

Legal & General Investment Management votes against chairpersons in 80 companies for failing to tackle issue

Wed Jun 15 2022 - 05:47
Incidence of low paid work in Ireland higher than expected

Incidence of low paid work in Ireland higher than expected

Study finds greater proportion of young workers earning less than €20,000 a year

Tue Jun 14 2022 - 20:47
Average dairy farm income in Ireland surges to record €97,350

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 soar

Tue Jun 14 2022 - 13:26
OECD warns of major slowing down in growth across Europe

OECD warns of major slowing down in growth across Europe

Paris-based agency says high inflation and low consumer confidence have weakened the economic outlook

Mon Jun 13 2022 - 17:00
Surging input prices dent confidence in construction sector

Surging input prices dent confidence in construction sector

Latest survey from BNP Paribas Real Estate Ireland pointed to a further slowdown in growth

Mon Jun 13 2022 - 11:05
Are property funds turning us into a nation of renters?

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?

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 rates

Fri Jun 10 2022 - 05:00
Mortgage holders enter era of rising repayments as ECB announces rate hike

Mortgage holders enter era of rising repayments as ECB announces rate hike

ECB’s move comes as headline inflation jumps to a 38-year high of 7.8 per cent

Thu Jun 09 2022 - 21:16
Q&A: What would ECB interest rate hikes mean for you and your mortgage?

Q&A: What would ECB interest rate hikes mean for you and your mortgage?

More expensive mortgages are certainly on the way

Thu Jun 09 2022 - 16:08
World paying ‘hefty price’ for Russia’s war against Ukraine, says OECD

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 crises

Wed Jun 08 2022 - 13:26
World Bank warns many countries headed for recession

World Bank warns many countries headed for recession

Washington-based institution says Russia’s invasion of Ukraine has compounded damage from pandemic and raised risk of 1970s-style stagflation

Tue Jun 07 2022 - 15:46
Future value of Tiger Woods golfing career put at $175 million

Future value of Tiger Woods golfing career put at $175 million

Professional 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

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?

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 maintain

Sun Jun 05 2022 - 14:32
Irish economy grows by nearly 11% in first quarter

Irish economy grows by nearly 11% in first quarter

Growth not reflected in domestic economy, which shrinks 1% in face of soaring inflation

Fri Jun 03 2022 - 11:56
Input price inflation in services sector stays near 22-year high

Input price inflation in services sector stays near 22-year high

AIB’s latest purchasing managers’ index (PMI) for services sector suggests firms are experiencing severe cost pressures

Fri Jun 03 2022 - 05:00
European stocks climb on thin volumes with London closed

European stocks climb on thin volumes with London closed

Investors closely watching oil prices after delegates say Opec+ has agreed bigger increase

Thu Jun 02 2022 - 19:31
‘Robust’ tax receipts deliver €1.4bn surplus for Government

‘Robust’ tax receipts deliver €1.4bn surplus for Government

Latest exchequer returns point to big increases in VAT, income tax and corporation tax as economy recovers

Thu Jun 02 2022 - 16:34
Lower-income households hit harder by inflation

Lower-income households hit harder by inflation

Renting households also experiencing higher rates of price growth

Thu Jun 02 2022 - 11:37
Open Orphan wins €17.2m contract for flu study

Open Orphan wins €17.2m contract for flu study

Dublin-listed pharmaceutical services firm wins contract with major pharma firm

Wed Jun 01 2022 - 15:11
Unemployment falls to 4.7% as labour market tightens

Unemployment falls to 4.7% as labour market tightens

Republic’s jobless rate continues to fall as post-pandemic economy grows

Wed Jun 01 2022 - 11:29
Glenveagh announces Dublin site sale and €75m share buyback

Glenveagh announces Dublin site sale and €75m share buyback

Property group completes sale of East Road site in Dublin’s docklands for €63m

Wed Jun 01 2022 - 10:41
Bank of Ireland confirms €427m takeover of Davy Stockbrokers

Bank of Ireland confirms €427m takeover of Davy Stockbrokers

Completion of deal closes door on turbulent era for State’s largest stockbroker and is seen as `strategic acquisition` by Francesca McDonagh

Wed Jun 01 2022 - 08:08
Kerrygold owner reports record revenue while warning of double-digit food inflation

Kerrygold owner reports record revenue while warning of double-digit food inflation

Ornua says it sold more than 11m packets of butter and cheese each week in 2021

Wed Jun 01 2022 - 07:16
Average weekly earnings hit record €880.37 amid concern over wage demands

Average weekly earnings hit record €880.37 amid concern over wage demands

Wages in accommodation and hospitality rise to €400 while IT workers’ weekly pay increases to €1,506

Tue May 31 2022 - 12:51
Euro zone inflation hits new record high of 8.1% in May

Euro zone inflation hits new record high of 8.1% in May

Price growth across single currency area comes in ahead of expectations

Tue May 31 2022 - 12:04
Government  could add to inflationary squeeze with untargeted measures, fiscal council warns

Government could add to inflationary squeeze with untargeted measures, fiscal council warns

Irish Fiscal Advisory Council says Government must avoid adding to inflation while calling for clarity on medium-term spending plans

Tue May 31 2022 - 05:00
Up to 60% of corporate tax take may be temporary, fiscal council warns

Up to 60% of corporate tax take may be temporary, fiscal council warns

Watchdog says over-reliance on volatile and vulnerable corporate tax receipts must change

Tue May 31 2022 - 00:15
Retail sales rise despite cost-of-living squeeze

Retail sales rise despite cost-of-living squeeze

Latest CSO data points to strong pick up in retail in April despite threat from higher inflation

Mon May 30 2022 - 12:28
More than half of renting households availing of rent subsidies

More than half of renting households availing of rent subsidies

Reliance on housing support bigger than expected, ESRI report finds

Thu May 26 2022 - 05:00
‘Siren call of nativism’ won’t reverse globalisation, says former Canadian PM

‘Siren call of nativism’ won’t reverse globalisation, says former Canadian PM

Brian Mulroney blames Ceta trade deal debacle on Brexit

Tue May 24 2022 - 17:10
State’s 90,000 IT workers best paid, most educated and productive

State’s 90,000 IT workers best paid, most educated and productive

CSO report provides profile of Republic’s muscular information technology sector

Tue May 24 2022 - 11:26
First-time buyers need incomes of almost €80,000, banking body says

First-time buyers need incomes of almost €80,000, banking body says

New report highlights steep income metrics required to purchase a home in Republic

Tue May 24 2022 - 05:37
Merck announces €440m investment in Cork, creating 370 new jobs

Merck announces €440m investment in Cork, creating 370 new jobs

German life sciences group plans to expand membrane and filtration manufacturing capabilities

Mon May 23 2022 - 05:57
Construction firms unwilling to take on fixed-price contracts as inflation surges

Construction firms unwilling to take on fixed-price contracts as inflation surges

Survey finds significant pick-up in costs across sector, compounded by Ukraine conflict

Mon May 23 2022 - 05:41
Jobs vacancies up 57% on pre-pandemic levels, according to recruitment website

Jobs vacancies up 57% on pre-pandemic levels, according to recruitment website

Recruitment firm says candidate supply has not kept pace with rapid increase in demand

Mon May 23 2022 - 05:13
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