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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
Circle K agrees €300m supply deal with Musgrave

Circle K agrees €300m supply deal with Musgrave

Deal will see Musgrave supply over 165 Circle K forecourts with range of food items

Mon Nov 22 2021 - 10:41
Cork-based Starcircle to create 100 new jobs

Cork-based Starcircle to create 100 new jobs

Talent-sourcing tech firm says posts will be a mix of hybrid and remote opportunities

Mon Nov 22 2021 - 08:45
Amryt announces plan to delist from AIM in London

Amryt announces plan to delist from AIM in London

Drug firm says says delisting would enhance liquidity of trading

Mon Nov 22 2021 - 07:33
PrepayPower profits up 27% as it warns about impact of surging energy costs

PrepayPower profits up 27% as it warns about impact of surging energy costs

Pay-as-you-go energy provider sees net profit rise to €14.2m last year

Mon Nov 22 2021 - 05:55
Dublin is fifth busiest real estate market in Europe

Dublin is fifth busiest real estate market in Europe

Report pinpoints upturn in market confidence but much to be determined post Covid

Mon Nov 22 2021 - 04:30
Strategic Power Projects to receive connection offer for Louth solar and battery project

Strategic Power Projects to receive connection offer for Louth solar and battery project

185MW site is single largest project on Eirgrid’s latest ECP list of connection offers

Mon Nov 22 2021 - 04:05
KBC mortgage holders could face higher repayments from BoI deal

KBC mortgage holders could face higher repayments from BoI deal

Financial broker cautions fixed-rate contractees about moving to BoI rates

Sun Nov 21 2021 - 15:26
A vacant property tax sounds good but it won’t make any difference

A vacant property tax sounds good but it won’t make any difference

Governments are struggling to rein in housing costs and the new target is vacant homes

Sun Nov 21 2021 - 12:39
Money-transfer app Synch Payments raises additional €5m

Money-transfer app Synch Payments raises additional €5m

AIB, Bank of Ireland, PTSB venture to rival Revolut awaits competition authority nod

Sat Nov 20 2021 - 05:46
Europe’s stocks ends lower, halting record rally

Europe’s stocks ends lower, halting record rally

Germany, France, Swiss stocks retreat from record highs

Thu Nov 18 2021 - 18:59
Government to introduce vacant property tax ‘as early as possible’

Government to introduce vacant property tax ‘as early as possible’

Paschal Donohoe says Revenue will use local property tax returns to design new levy

Thu Nov 18 2021 - 13:05
Extra 30,000 building workers needed to hit ‘housing, climate’ targets

Extra 30,000 building workers needed to hit ‘housing, climate’ targets

Budgetary watchdog warns about the inflationary impact of Coalition spending plans

Thu Nov 18 2021 - 09:47
Business slow on tying ESG performance to remuneration

Business slow on tying ESG performance to remuneration

Environmental, social and governance taken more seriously since pandemic, notes survey

Thu Nov 18 2021 - 05:03
More than half of landlords had rental income below €10,000 in 2019

More than half of landlords had rental income below €10,000 in 2019

CSO report finds less than 5% of Republic’s rental properties built in the last 10 years

Wed Nov 17 2021 - 13:55
IBI Corporate Finance takes 50% stake in M&A advisor

IBI Corporate Finance takes 50% stake in M&A advisor

Move is first transaction since IBI completed management buyout from Bank of Ireland

Wed Nov 17 2021 - 07:35
Market intelligence firm Tegus to locate EU HQ in Waterford

Market intelligence firm Tegus to locate EU HQ in Waterford

Chicago company promises 100 jobs as it expands to support growing customer base

Wed Nov 17 2021 - 07:18
Residential zoning on Central Bank land maintained, paving way for possible sale

Residential zoning on Central Bank land maintained, paving way for possible sale

Regulator receives 4,100 responses to survey about mortgage rules

Tue Nov 16 2021 - 19:13
Scrapping USC for those earning under €70,000 would cost exchequer €1.7bn

Scrapping USC for those earning under €70,000 would cost exchequer €1.7bn

Donohoe argues against proposed changes to USC, noting cost to exchequer

Tue Nov 16 2021 - 16:37
Ibec and ESRI to collaborate on all-island research project

Ibec and ESRI to collaborate on all-island research project

Groups plan to develop macroeconomic model for all-island economy

Tue Nov 16 2021 - 13:32
A once-off wealth tax is the wrong solution to Ireland’s funding problems

A once-off wealth tax is the wrong solution to Ireland’s funding problems

Such a short-term tax will not be sufficient to plug the long-term holes in public finances

Mon Nov 15 2021 - 05:16
Beacon Hospital records loss of nearly €2m despite 7% rise in revenue

Beacon Hospital records loss of nearly €2m despite 7% rise in revenue

Turnover at private hospital rose to €152.2m last year, accounts show

Mon Nov 15 2021 - 05:14
Energy costs push Irish inflation to 14-year high at 5.1%

Energy costs push Irish inflation to 14-year high at 5.1%

Acceleration in prices is largest recorded since April 2007

Thu Nov 11 2021 - 19:43
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