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Travel stocks lead European shares higher as airlines soar

Travel stocks lead European shares higher as airlines soar

Ryanair advances as oil stocks come off near two-year high

Thu Jan 20 2022 - 18:33
Ireland’s debt equates to €47,000 for every man, woman and child

Ireland’s debt equates to €47,000 for every man, woman and child

CSO figures show Government debt rose last year as spending on supports continued

Thu Jan 20 2022 - 13:57
Electricity consumed by data centres jumps by 144% in five years

Electricity consumed by data centres jumps by 144% in five years

New CSO data reveals surge in energy demand from data centres in Ireland

Thu Jan 20 2022 - 11:47
Spectre of inflation returns to haunt Irish households

Spectre of inflation returns to haunt Irish households

Headline price growth in economy jumps to 20-year high – energy prices alone set to surge

Thu Jan 20 2022 - 06:15
Low-paid workers’ exemption from tax base ‘unfair’ on middle earners

Low-paid workers’ exemption from tax base ‘unfair’ on middle earners

Tax institute calls for broader personal tax base and simplified social insurance system

Thu Jan 20 2022 - 06:01
House price inflation surges to pandemic high of 14%

House price inflation surges to pandemic high of 14%

Average price for home in Dublin now exceeds €500,000

Wed Jan 19 2022 - 11:28
Big preference for remote working after restrictions end – CSO survey

Big preference for remote working after restrictions end – CSO survey

Some 90% of 35- to 44-year-olds want to be able to work away from office after pandemic

Tue Jan 18 2022 - 12:27
Moy Park suspends live chicken processing at Ballymena plant

Moy Park suspends live chicken processing at Ballymena plant

Chicken processor is Northern Ireland’s largest private sector employer

Mon Jan 17 2022 - 18:35
Growth in advanced economies expected to slow, OECD data

Growth in advanced economies expected to slow, OECD data

High-frequency data show post-pandemic growth peak has passed

Mon Jan 17 2022 - 13:01
Goods imports from Britain fall by fifth since Brexit

Goods imports from Britain fall by fifth since Brexit

Latest CSO trade numbers show major pick-up in cross-Border trade, however

Mon Jan 17 2022 - 11:58
The truth about the ‘Great Resignation’: It didn’t actually happen

The truth about the ‘Great Resignation’: It didn’t actually happen

Employment and participation in the Irish labour market has never been higher

Sun Jan 16 2022 - 11:42
House prices forecast to rise by 5% as supply struggles to meet demand

House prices forecast to rise by 5% as supply struggles to meet demand

SCSI report also highlights planning issues and impact of rising renovation costs

Fri Jan 14 2022 - 05:41
European stocks end flat as weak defensives outweigh tech gains

European stocks end flat as weak defensives outweigh tech gains

Analysts expect ‘choppy’ first quarter for US stocks ahead of first Fed interest rate hike

Thu Jan 13 2022 - 19:10
Rising rents and surging prices trigger ‘collapse’ in home ownership

Rising rents and surging prices trigger ‘collapse’ in home ownership

Housing in Ireland is ‘severely unaffordable’, report by Parliamentary Budget Office says

Thu Jan 13 2022 - 16:11
Talbot Hotels acquires Clonmel Park Hotel for about € 7.5m

Talbot Hotels acquires Clonmel Park Hotel for about € 7.5m

Deal for four-star Tipperary hotel is latest divestment by Tetrarch Capital

Thu Jan 13 2022 - 15:03
Low paid benefit from minimum wage hikes despite ‘loss of hours’

Low paid benefit from minimum wage hikes despite ‘loss of hours’

ESRI research assesses impact of minimum pay increases between 2016 and 2018

Wed Jan 12 2022 - 13:17
Unemployment rate rises to 7.5% as Covid-19 rules hit hospitality

Unemployment rate rises to 7.5% as Covid-19 rules hit hospitality

CSO figures point to rise in Republic’s jobless total after period of decline

Wed Jan 12 2022 - 11:41
Food and drink exports hit record €13.5bn in 2021 despite Covid and Brexit

Food and drink exports hit record €13.5bn in 2021 despite Covid and Brexit

Latest Bord Bia figures suggest Irish exports last year surpassed pre-pandemic levels

Wed Jan 12 2022 - 09:31
Viatel snaps up Limerick-based ActionPoint

Viatel snaps up Limerick-based ActionPoint

Irish telecoms group makes another acquisition as market consolidation continues

Wed Jan 12 2022 - 07:12
OECD inflation surges to 25-year high of 5.8%

OECD inflation surges to 25-year high of 5.8%

Price growth is being driven by energy prices and supply chain disruption

Tue Jan 11 2022 - 19:01
World Bank warns of ‘pronounced slowdown’ over inflation and Covid variants

World Bank warns of ‘pronounced slowdown’ over inflation and Covid variants

Washington-based institution says pandemic likely to continue to disrupt activity in near term

Tue Jan 11 2022 - 15:44
Switch to electric motoring could punch €5bn hole in public finances

Switch to electric motoring could punch €5bn hole in public finances

The revenue implications of shifting away from combustion engines will be significant

Sun Jan 09 2022 - 14:34
Retail sales lift as consumers splash out on clothes and electrical goods

Retail sales lift as consumers splash out on clothes and electrical goods

Volume of sales in November was 0.6% higher in monthly terms and 16% up on 2020

Fri Jan 07 2022 - 12:29
US economist says Covid may have driven many women out of the labour market

US economist says Covid may have driven many women out of the labour market

Chief executive of the Federal Reserve Bank of San Francisco says many women are constrained because of childcare

Thu Jan 06 2022 - 19:16
Brexit and pandemic trigger surge in customs declarations

Brexit and pandemic trigger surge in customs declarations

Customs duty collected on goods imported from abroad jumps as a result of Brexit

Thu Jan 06 2022 - 15:27
Corporation tax on par with VAT as State’s second largest revenue source

Corporation tax on par with VAT as State’s second largest revenue source

Latest exchequer returns show business tax generated record €15.3bn last year

Wed Jan 05 2022 - 19:00
Government tax receipts surge to record €68bn in 2021 as economy rebounds

Government tax receipts surge to record €68bn in 2021 as economy rebounds

Latest exchequer returns point to year-end deficit of €7.4 billion

Wed Jan 05 2022 - 16:11
Eoin Burke-Kennedy: Soaring prices and rents but no credit bubble

Eoin Burke-Kennedy: Soaring prices and rents but no credit bubble

MyHome report points to bigger loan sizes but credit market remain tightly constrained

Wed Jan 05 2022 - 05:45
Five economic flashpoints to watch out for in 2022

Five economic flashpoints to watch out for in 2022

Next year may bring good news but many of the concerns of 2021 will not have gone away

Fri Dec 31 2021 - 05:28
House prices set to grow by up to 8% in 2022, Sherry FitzGerald says

House prices set to grow by up to 8% in 2022, Sherry FitzGerald says

State’s largest estate agent predicts inflation in Dublin will moderate with new builds

Fri Dec 31 2021 - 05:05
Markets lifted by investor optimism and US jobs data

Markets lifted by investor optimism and US jobs data

Tech boom leads Wall Street indices to record highs

Thu Dec 30 2021 - 17:44
New apprenticeships aimed at bridging skills gaps across economy

New apprenticeships aimed at bridging skills gaps across economy

Expansion to include farming, construction and logistics programmes

Thu Dec 30 2021 - 17:06
The State’s top 10 corporate taxpayers: who are they?

The State’s top 10 corporate taxpayers: who are they?

Corporation tax generated €11.8 billion in receipts last year, €1 in every €5 collected

Thu Dec 30 2021 - 14:53
Flight of small landlords will worsen Dublin housing crisis – estate agent

Flight of small landlords will worsen Dublin housing crisis – estate agent

Owen Reilly says small landlords accounted for more than 60% of its sellers in 2021

Tue Dec 28 2021 - 06:00
Consumers unleash pandemic savings ahead of Christmas

Consumers unleash pandemic savings ahead of Christmas

Bank of Ireland barometer detects festive shift in attitude to saving

Wed Dec 22 2021 - 12:31
Weekly incomes would have fallen in 2020 without wage supports – CSO

Weekly incomes would have fallen in 2020 without wage supports – CSO

Pay subsidy schemes accounted for 4.3% of total earnings across all employments

Tue Dec 21 2021 - 12:23
Brexit has seen Irish food exports to Britain decline by a quarter

Brexit has seen Irish food exports to Britain decline by a quarter

ESRI/Department of Finance study estimates impact on trade in isolation of other drivers

Tue Dec 21 2021 - 06:00
European stocks drop as Omicron worries intensify

European stocks drop as Omicron worries intensify

Travel stocks fell 1 per cent, but were above their intra-day lows touched earlier in session

Mon Dec 20 2021 - 18:45
Government’s broadband plan mired in financial controversy

Government’s broadband plan mired in financial controversy

North’s scheme costs €2,500 per home, the Republic’s €5,300

Sun Dec 19 2021 - 12:13
Central Bank to consider ‘step break’ from mortgage rules

Central Bank to consider ‘step break’ from mortgage rules

Proposal for lower income households comes as part of regulator’s year-long review

Thu Dec 16 2021 - 16:38
Omicron variant could derail economic recovery, ESRI warns

Omicron variant could derail economic recovery, ESRI warns

Think tank also predicts inflation will continue to rise, peaking at 6% in March 2022

Thu Dec 16 2021 - 06:58
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
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