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Global debt surges to record $226 trillion in biggest jump since second World War

Global debt surges to record $226 trillion in biggest jump since second World War

IMF warns countries must navigate world of record-high public and private borrowing levels

Wed Dec 15 2021 - 18:01
House price inflation surges to pandemic high of 13.5%

House price inflation surges to pandemic high of 13.5%

Figures for October represent strongest level of growth seen in market since 2015

Wed Dec 15 2021 - 11:32
DCC acquires US appliance distributor Almo in $610m deal

DCC acquires US appliance distributor Almo in $610m deal

Energy and services group effectively doubles US footprint in single transaction

Wed Dec 15 2021 - 08:26
Kerrygold owner Ornua refinances debt with new €580m facility

Kerrygold owner Ornua refinances debt with new €580m facility

Dairy group says arrangement will include specific emissions, waste and diversity targets

Wed Dec 15 2021 - 07:40
Medical device firm BD to spend €70m on new R&D centre in Limerick

Medical device firm BD to spend €70m on new R&D centre in Limerick

Project will create 130 new jobs over five years, company says

Wed Dec 15 2021 - 07:13
No change in control of multi-billion euro broadband contractor, Government told

No change in control of multi-billion euro broadband contractor, Government told

Political unease following media reports of funding structure of broadband company

Tue Dec 14 2021 - 02:00
William Fry and EY to examine funding and structure of National Broadband Ireland

William Fry and EY to examine funding and structure of National Broadband Ireland

Department says this is part of ongoing review of broadband contract

Mon Dec 13 2021 - 19:24
Irish exports surge to €306bn as pandemic spurs trade in IT and pharma

Irish exports surge to €306bn as pandemic spurs trade in IT and pharma

CSO figures reveal computer services and chemicals dominate State’s exports

Mon Dec 13 2021 - 13:07
Ireland’s reliance on multinationals runs way deeper than corporate tax

Ireland’s reliance on multinationals runs way deeper than corporate tax

Revenue data suggest foreign-owned firms employed 32% of private workforce in 2019

Sun Dec 12 2021 - 11:57
Is this cost-of-living squeeze going to pass?

Is this cost-of-living squeeze going to pass?

If workers start demanding better pay we could get a wage-price spiral

Fri Dec 10 2021 - 05:15
Inflation jumps to 20-year high of 5.3% as energy prices soar

Inflation jumps to 20-year high of 5.3% as energy prices soar

Households face winter cost-of-living squeeze as Government examines EU ‘toolbox’ of options

Thu Dec 09 2021 - 11:35
State may see another surge in corporate tax from new 15% rate, says Ifac

State may see another surge in corporate tax from new 15% rate, says Ifac

Irish Fiscal Advisory Council chairman casts doubt on Government’s €2 billion loss forecast

Wed Dec 08 2021 - 19:23
Irish mortgage customers paying more than twice euro zone average

Irish mortgage customers paying more than twice euro zone average

Latest Central Bank data shows Irish lenders are among the costliest for home loans

Wed Dec 08 2021 - 12:38
Bord Bia survey finds majority of consumers still nervous about eating out

Bord Bia survey finds majority of consumers still nervous about eating out

Report suggests value of Irish food service sector is still 41% below pre-pandemic level

Wed Dec 08 2021 - 06:00
Reverse wage subsidy cuts or firms will fail, Ibec tells Government

Reverse wage subsidy cuts or firms will fail, Ibec tells Government

Employers’ group calls on Coalition to reverse cuts to Covid-19 wage support scheme

Wed Dec 08 2021 - 05:42
Tech and car sectors push European shares to best gains in over a year

Tech and car sectors push European shares to best gains in over a year

Values continue to recover as tide of worry ebbs over Omicron coronavirus variant

Tue Dec 07 2021 - 18:36
Scope for expanding cross-Border trade in services, report finds

Scope for expanding cross-Border trade in services, report finds

ESRI produces two reports under new Shared Island initiative

Tue Dec 07 2021 - 04:49
First-time buyers need deposits of €52,500 as house prices rise

First-time buyers need deposits of €52,500 as house prices rise

Report says higher property values are driving deposit amounts

Tue Dec 07 2021 - 00:01
EU approves over €920m for Ireland under Brexit fund

EU approves over €920m for Ireland under Brexit fund

Ireland to be largest beneficiary of €5.4bn emergency fund as deemed to be hardest hit

Mon Dec 06 2021 - 12:58
Ireland bucks OECD tax trend on account of reduced VAT receipts

Ireland bucks OECD tax trend on account of reduced VAT receipts

Agency report reveals pandemic has less impact on tax revenue than previous crises

Mon Dec 06 2021 - 11:41
Nama controls enough land for 20,000 new homes

Nama controls enough land for 20,000 new homes

Most of development land is in high-demand areas of Dublin, Kildare and Meath

Mon Dec 06 2021 - 05:30
Corporate tax: Ireland’s version of Norwegian oil

Corporate tax: Ireland’s version of Norwegian oil

State needs to make better use of tax windfall from multinationals

Sun Dec 05 2021 - 12:04
Irish economy expands by modest 0.9% in third quarter

Irish economy expands by modest 0.9% in third quarter

Quarterly national accounts from CSO point to expansion as restrictions ease

Fri Dec 03 2021 - 18:46
Dublin is sixth most expensive capital city for renters

Dublin is sixth most expensive capital city for renters

Study finds renting one-bed flat costs an average of €1,643 a month in Dublin

Fri Dec 03 2021 - 17:56
Cairn Homes lodges planning for 569 homes to kick off new Dublin town

Cairn Homes lodges planning for 569 homes to kick off new Dublin town

South Dublin County Council has plans for up to 9,000 homes in Clonburris

Fri Dec 03 2021 - 07:57
State’s tax receipts surge to record €62bn as economy rebounds

State’s tax receipts surge to record €62bn as economy rebounds

Exchequer returns buoyed by strong VAT and income and corporation tax receipts

Thu Dec 02 2021 - 21:59
Dublin now third most expensive location globally for warehousing

Dublin now third most expensive location globally for warehousing

Finding comes amid acceleration in construction costs and data centre debate

Thu Dec 02 2021 - 06:20
‘No magic solution’ to racism in workplace, ESRI report finds

‘No magic solution’ to racism in workplace, ESRI report finds

Diversity training can act as little more than box-ticking, study finds

Wed Dec 01 2021 - 21:15
Unemployment falls to pandemic low of 6.9% as economy rebounds

Unemployment falls to pandemic low of 6.9% as economy rebounds

Latest CSO jobless figures point to strong recovery in State’s labour market

Wed Dec 01 2021 - 11:29
Glanbia Co-op won’t need to sell shares to fund buyout deal

Glanbia Co-op won’t need to sell shares to fund buyout deal

Co-op is buying the plc’s remaining 40% stake in the dairy business Glanbia Ireland

Wed Dec 01 2021 - 10:39
Differences in vaccination rates pose risk to global recovery, OECD warns

Differences in vaccination rates pose risk to global recovery, OECD warns

Think tank’s warning comes amid the emergence of Omicron variant of Covid-19

Wed Dec 01 2021 - 10:19
Government not budgeting for climate and healthcare, Ifac claims

Government not budgeting for climate and healthcare, Ifac claims

Fiscal advisory watchdog warns on continuing over-reliance on corporate tax receipts

Wed Dec 01 2021 - 00:01
S&P upgrades forecast for Irish economy but warns of ‘two-speed recovery’

S&P upgrades forecast for Irish economy but warns of ‘two-speed recovery’

Rating agency predicts 5% rebound driven by pent-up savings and investments

Tue Nov 30 2021 - 15:21
Mortgage approvals fall in October

Mortgage approvals fall in October

Value of home loans was just under €1.2bn, down 5% on last year

Tue Nov 30 2021 - 04:15
Retail sales fall 1.7% as consumers spend less on hardware and cosmetics

Retail sales fall 1.7% as consumers spend less on hardware and cosmetics

The sector with the highest annual volume increase was bars at 271%

Mon Nov 29 2021 - 11:19
Two thirds of Irish law firms say turnover still below pre-pandemic levels

Two thirds of Irish law firms say turnover still below pre-pandemic levels

Survey also highlights disconnect between how employees and employers see workplace

Mon Nov 29 2021 - 10:07
Molten Ventures sees portfolio value jump 27% in six months

Molten Ventures sees portfolio value jump 27% in six months

Technology-focused VC firm reports portfolio value of €1.6bn

Mon Nov 29 2021 - 09:14
Mainstream Renewable raises €90m to accelerate new market entries

Mainstream Renewable raises €90m to accelerate new market entries

Wind and solar energy group says additional funds will extend company’s footprint

Mon Nov 29 2021 - 08:36
Midleton Distillery experience to get €13m revamp

Midleton Distillery experience to get €13m revamp

Irish Distillers announces plan to redevelop existing attraction

Mon Nov 29 2021 - 08:15
Half of Irish firms negatively impacted by ongoing labour shortage – survey

Half of Irish firms negatively impacted by ongoing labour shortage – survey

One in five employers say recruitment challenges impacting profitability and revenues

Mon Nov 29 2021 - 08:00
Irish house prices undervalued? Shows how misleading stats can be

Irish house prices undervalued? Shows how misleading stats can be

European Commission report saying houses undervalued relies on outmoded statistics

Sun Nov 28 2021 - 12:31
What has gone wrong for Avoca and Aramark?

What has gone wrong for Avoca and Aramark?

US group insists it is committed to the niche food and retail business it acquired in 2015

Fri Nov 26 2021 - 07:44
Windfall tax on multinationals’ ‘excess profits’ could net exchequer €4bn, report says

Windfall tax on multinationals’ ‘excess profits’ could net exchequer €4bn, report says

New review estimates potential tax revenue from a tax on pandemic profits

Fri Nov 26 2021 - 05:00
Central Bank to impose new rules on overseas property funds

Central Bank to impose new rules on overseas property funds

Funds now hold 40% of commercial residential property assets, worth €23bn, in Republic

Thu Nov 25 2021 - 12:52
Cyberattacks identified as number one threat to Irish businesses

Cyberattacks identified as number one threat to Irish businesses

Survey by Aon ranks cyber risk ahead of economic slowdown and rising input prices

Thu Nov 25 2021 - 04:49
Once-off wealth tax could be used to raise exchequer funds, ESRI economist says

Once-off wealth tax could be used to raise exchequer funds, ESRI economist says

Barra Roantree says taxing ‘those with lots of wealth or inheritance’ is one possible option

Wed Nov 24 2021 - 19:01
European shares hit 3-week lows on Covid-19 surge

European shares hit 3-week lows on Covid-19 surge

Tech stocks lead losses as volatility picks up

Tue Nov 23 2021 - 19:54
Irish consumer sentiment drops as Covid cases surge again

Irish consumer sentiment drops as Covid cases surge again

Latest KBC Bank Ireland index is also impacted by higher living costs and renewed Brexit fears

Tue Nov 23 2021 - 04:00
Cost-of-living squeeze could fuel demands for higher wages – Central Bank

Cost-of-living squeeze could fuel demands for higher wages – Central Bank

Economic letter published by bank warns inflation could overshoot ECB’s 2% targets

Mon Nov 22 2021 - 15:56
Almost 90% of advisers believe pension auto-enrolment will face issues

Almost 90% of advisers believe pension auto-enrolment will face issues

Independent Trustee Company survey finds high degree of scepticism with Government plan

Mon Nov 22 2021 - 10:43
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