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New mortgage contracts fall 35% as Covid-19 crisis dents activity

New mortgage contracts fall 35% as Covid-19 crisis dents activity

Figures show Irish borrowers are still paying higher rates than euro area counterparts

Fri Sept 11 2020 - 12:19
Planning permissions for new homes fall 30% due to Covid-19

Planning permissions for new homes fall 30% due to Covid-19

CSO figures show number of permissions granted between April and June was 6,807

Fri Sept 11 2020 - 11:21
Cost of building homes can be ‘much cheaper’

Cost of building homes can be ‘much cheaper’

Figures show cost of public sector building a three-bed home averages less than €300,000

Fri Sept 11 2020 - 06:00
European shares fall as ECB leaves policy unchanged

European shares fall as ECB leaves policy unchanged

Markets report: Most European sectors end in negative territory

Thu Sept 10 2020 - 21:49
Aryzta in advanced takeover talks with activist hedge fund

Aryzta in advanced takeover talks with activist hedge fund

‘No certainty’ that discussions will result in offer for embattled baked goods group

Thu Sept 10 2020 - 21:39
Negative narrative around Irish economy is ‘fundamental misreading’

Negative narrative around Irish economy is ‘fundamental misreading’

Ibec chief executive says Ireland likely to be one of this year’s top performing economies

Thu Sept 10 2020 - 18:26
Inflation hits 10-year low as restrictions push prices lower

Inflation hits 10-year low as restrictions push prices lower

Consumer prices 1% lower in August compared with same month last year

Thu Sept 10 2020 - 11:45
Johnson ‘adopting Trumpian madman’ approach to Brexit negotiations

Johnson ‘adopting Trumpian madman’ approach to Brexit negotiations

Former Irish ambassador to EU says UK’s position is increasingly difficult to gauge

Wed Sept 09 2020 - 17:54
Sterling weakens on souring Brexit talks

Sterling weakens on souring Brexit talks

Investec’s Justin Doyle says outlook for pound looks increasingly negative

Wed Sept 09 2020 - 13:12
Unemployment rate drops to 15.4% in August

Unemployment rate drops to 15.4% in August

Latest figures suggest as many as 359,288 are still unemployed

Wed Sept 09 2020 - 11:29
Unaffordable housing poisons youth view of Fine Gael and Fianna Fáil

Unaffordable housing poisons youth view of Fine Gael and Fianna Fáil

Bottom Line: Demographic locked out of market is deeply alienated from main parties

Wed Sept 09 2020 - 05:14
Expert says State needs to build 1.4m extra homes by 2050 to meet demand

Expert says State needs to build 1.4m extra homes by 2050 to meet demand

This equates to 49,000 new units a year for 30 years

Mon Sept 07 2020 - 18:58
Ireland in recession as economy contracts by more than 6%

Ireland in recession as economy contracts by more than 6%

Decline in economic activity from impact of Covid-19 offset by increase in value of exports

Mon Sept 07 2020 - 11:18
Pepper Money retreats from Irish lending market, citing ‘challenging conditions’

Pepper Money retreats from Irish lending market, citing ‘challenging conditions’

Shannon-based group to cease commercial lending business

Fri Sept 04 2020 - 16:00
Irish construction suffers record 45% contraction in output

Irish construction suffers record 45% contraction in output

Fall-off in activity as a result of coronavirus was nearly four times bigger than euro area average

Fri Sept 04 2020 - 12:07
Gig economy: What is it? Who works in it? Why is it in the news?

Gig economy: What is it? Who works in it? Why is it in the news?

Q&A: Over the past 20 years, there’s been a gradual shift from stable, permanent work

Fri Sept 04 2020 - 10:34
European shares drop as US tech rout turns contagious

European shares drop as US tech rout turns contagious

European tech stocks mark worst day in over four months

Thu Sept 03 2020 - 18:20
Public finances sink into €9.4bn deficit as pandemic spending soars

Public finances sink into €9.4bn deficit as pandemic spending soars

Corporation tax provides a bright spot, with income tax also resilient

Wed Sept 02 2020 - 16:30
Coronavirus: Epidemiology has been a political football from the get-go

Coronavirus: Epidemiology has been a political football from the get-go

Ireland now appears to be in a lose-lose scenario compared with Sweden

Wed Sept 02 2020 - 08:54
Housing units in planning system drop by 27% as coronavirus dents activity

Housing units in planning system drop by 27% as coronavirus dents activity

Report also warns of fall-off in demand in State’s rental sector due to travel restrictions

Tue Sept 01 2020 - 16:28
Rebound in manufacturing loses speed amid pick-up in coronavirus cases

Rebound in manufacturing loses speed amid pick-up in coronavirus cases

Latest AIB purchasing managers’ index remains positive but growth slows

Tue Sept 01 2020 - 05:40
European shares end lower on poor inflation data but gain for August

European shares end lower on poor inflation data but gain for August

Travel and leisure stocks outperform in August, adding nearly 15%

Mon Aug 31 2020 - 18:35
‘Staycation’ boom sparks accommodation and transport spend

‘Staycation’ boom sparks accommodation and transport spend

Central Bank data also show increase in eating out and various other entertainment

Mon Aug 31 2020 - 13:42
No comment from Aryzta on reported plans to sell off troubled US arm

No comment from Aryzta on reported plans to sell off troubled US arm

Baked goods manufacturer is reportedly ready to exit US market

Fri Aug 28 2020 - 20:51
Will Covid make the jobs market more unfair?

Will Covid make the jobs market more unfair?

Pandemic may accelerate divide between low-paid service jobs and more secure employment

Fri Aug 28 2020 - 05:25
House prices rise by 4.3% amid lifting of Covid-19 restrictions, report says

House prices rise by 4.3% amid lifting of Covid-19 restrictions, report says

MyHome.ie/Davy survey suggests prices nationally rose between June and August

Fri Aug 28 2020 - 05:00
European stocks end higher on tech boost, stimulus hopes

European stocks end higher on tech boost, stimulus hopes

German government agrees on extension of coronavirus relief

Wed Aug 26 2020 - 18:25
Brace for impact: Reopening schools will cause spike in cases but we must do it

Brace for impact: Reopening schools will cause spike in cases but we must do it

We must hold our nerve as State reaches critical phase in its reopening plan

Wed Aug 26 2020 - 02:00
Government publishes heavily redacted version of National Broadband Plan

Government publishes heavily redacted version of National Broadband Plan

Much of the published version, which runs to more than 3,000 pages, is blacked out

Tue Aug 25 2020 - 17:35
Aryzta accused of ‘too little urgency’ in tackling problems

Aryzta accused of ‘too little urgency’ in tackling problems

Investor advisory group ISS backs McGann replacement, criticises firm’s performance

Tue Aug 25 2020 - 13:22
Unemployment exceeded 23% in second quarter, CSO figures show

Unemployment exceeded 23% in second quarter, CSO figures show

Labour Force Survey reveals 531,412 people out of work in Republic in Q2

Tue Aug 25 2020 - 12:31
Expert warns crash in Irish construction likely to be biggest on record

Expert warns crash in Irish construction likely to be biggest on record

Ulster Bank’s Simon Barry says contraction in activity for the second quarter could exceed 30%

Tue Aug 25 2020 - 01:00
Good day for European stocks as hopes rise for Covid-19 treatment

Good day for European stocks as hopes rise for Covid-19 treatment

Travel stocks among the few decliners but Ryanair shares rise on positive sentiment

Mon Aug 24 2020 - 19:45
Savings by Irish households double to €14bn between 2014 and 2019

Savings by Irish households double to €14bn between 2014 and 2019

CSO figures suggest the Covid-19 crisis has led to a further significant jump in savings

Mon Aug 24 2020 - 18:53
Removal of wage supports will cause spike in rent arrears – SCSI

Removal of wage supports will cause spike in rent arrears – SCSI

Property industry body says renters may run into trouble without pandemic supports

Mon Aug 24 2020 - 05:02
Consumer sentiment falls again amid new spike in Covid-19 cases

Consumer sentiment falls again amid new spike in Covid-19 cases

Having risen for three straight months, KBC Bank’s latest index dips in August

Mon Aug 24 2020 - 04:54
Bespoke customs and trade qualification for post-Brexit era launched

Bespoke customs and trade qualification for post-Brexit era launched

Chartered Accountants Ireland establishes new course to help business cope with new arrangements

Mon Aug 24 2020 - 04:54
McGettigan family launch new boutique hotel brand

McGettigan family launch new boutique hotel brand

The Address Collective bring together several high-profile hotels in Dublin and Cork

Mon Aug 24 2020 - 04:50
Homes for sale in August at 14-year low

Homes for sale in August at 14-year low

Daft.ie report quantifies properties for sale nationwide at 19,538, down 22% on 2019

Fri Aug 21 2020 - 09:36
Food giants circle embattled Aryzta

Food giants circle embattled Aryzta

Market sources insist deal to take over Swiss-Irish food group remains on the cards

Fri Aug 21 2020 - 05:15
NTMA raises additional €750m at negative rate of -0.54%

NTMA raises additional €750m at negative rate of -0.54%

Auction receives €2.27bn in bids, three times the amount on offer

Thu Aug 20 2020 - 12:36
Government urged to clarify new restrictions amid confusion

Government urged to clarify new restrictions amid confusion

Business groups claim new advice represents blow to reopening plans of many firms

Wed Aug 19 2020 - 18:49
Irish economy to contract by 8.5% in 2020, Moody’s warns

Irish economy to contract by 8.5% in 2020, Moody’s warns

Agency also warns of risk from elevated public debt and economic volatility

Wed Aug 19 2020 - 10:59
Claim that 47,000 new homes needed a year isn’t credible

Claim that 47,000 new homes needed a year isn’t credible

Property industry reports are drearily predictable

Wed Aug 19 2020 - 01:02
Dublin house prices fall 0.7% as Covid-19 puts the brakes on market

Dublin house prices fall 0.7% as Covid-19 puts the brakes on market

Latest CSO figures also show a 33.1% drop in the number of property transactions in June

Tue Aug 18 2020 - 11:23
47,000 homes need to be built each year to solve housing crisis, report says

47,000 homes need to be built each year to solve housing crisis, report says

Estimate almost twice the 25,000 target set out in Government’s plan

Thu Aug 13 2020 - 12:00
Energia’s owner ‘plans to sell it later this year’ in deal worth €2bn

Energia’s owner ‘plans to sell it later this year’ in deal worth €2bn

US private equity firm acquired the Irish energy group for €1bn in 2016

Thu Aug 13 2020 - 05:16
Moving in and out of lockdown is a recipe for economic disaster

Moving in and out of lockdown is a recipe for economic disaster

New Zealand’s decision to close down business in Auckland over four Covid-19 cases is madness

Wed Aug 12 2020 - 05:30
Bank of Ireland does U-turn after refusal to reimburse ‘smishing’ victims

Bank of Ireland does U-turn after refusal to reimburse ‘smishing’ victims

Permanent TSB and AIB customers also targeted by online and phone fraudsters

Mon Aug 10 2020 - 15:19
Survey finds ‘huge appetite’ for remote working

Survey finds ‘huge appetite’ for remote working

Optimally, Irish workers say they would like a mix of working from home and being in offce

Mon Aug 10 2020 - 11:55
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