Mortgage repayments to fall by €50 to €150 a monthHOUSEHOLD IMPACT: MORTGAGE BORROWERS will see their loan repayments drop by between €50 and €150 a month following yesterday…Thu Oct 09 2008 - 01:00
Global cuts in interest rates fail to ease market turmoilMORTGAGE BORROWERS will see their monthly loan repayments fall by about €50-€150 after a globally co-ordinated move by central…Thu Oct 09 2008 - 01:00
Two firms announce 220 new Irish jobsEMPLOYMENT: A TOTAL of 220 new jobs in Co Wicklow and Co Donegal were announced yesterday.Wed Oct 08 2008 - 01:00
Jobless will jump to 8% next year, says ESRIRECESSION DEEPENS: UNEMPLOYMENT WILL jump to a rate of 8 per cent next year, with about 180,000 people predicted to be out of…Wed Oct 08 2008 - 01:00
1980s-style budget required - ESRIBUDGET 2009: HIGHER TAXES may be "unavoidable" if public services are to be maintained, the Economic and Social Research Institute…Wed Oct 08 2008 - 01:00
ESRI says unemployment will reach 8% next yearUnemployment will jump to a rate of 8 per cent next year, with around 180,000 people predicted to be out of work in 2009 as the…Tue Oct 07 2008 - 01:00
Central Bank predicts economy to remain in recession for two yearsTHE ECONOMY will remain in recession for at least two years, shrinking by 1Sat Oct 04 2008 - 01:00
PLANET BUSINESSA sideways look at this week in the world of business compiled by Laura Slattery.Fri Oct 03 2008 - 01:00
Jobless rate increases to 6.3% in SeptemberUNEMPLOYMENT ROSE to an estimated rate of 6.3 per cent last month, up from 6Thu Oct 02 2008 - 01:00
Numbers on Live Register highest in 10 yearsUNEMPLOYMENT HAS increased to its highest rate since November 1998, with the number of people claiming unemployment benefits …Thu Oct 02 2008 - 01:00
Decline of almost 3.5% wipes out recent gainsIseq: 4,399.18 Settlement date: September 15th FINANCIAL TROUBLE at US investment bank Lehman Brothers weighed heavily yesterday…Thu Sept 11 2008 - 01:00
Eco-driving courses to be available at 30 localesECO-DRIVING courses that claim to help truck fleet managers reduce fuel costs by 10 per cent will be made available at 30 new…Thu Sept 11 2008 - 01:00
Record fall in building jobsCONSTRUCTION JOBS were axed at a record pace in August and were behind last month's surge in unemployment benefit claimants, …Mon Sept 08 2008 - 01:00
Irish Nationwide may sue ReutersIRISH NATIONWIDE Building Society is considering taking legal action against the Reuters news agency after it published an inaccurate…Mon Sept 08 2008 - 01:00
EirGrid energy scheme saves firms €6.3mLARGE COMPANIES that took part in an energy efficiency scheme run by the electricity grid operator EirGrid saved a total of €…Mon Sept 08 2008 - 01:00
Revenue crackdown yields 100 calls a dayTHE REVENUE Commissioners has started receiving inquiries at a rate of 100 per day in relation to its latest crackdown on hot…Mon Sept 08 2008 - 01:00
Unemployment increases to 6.1%UNEMPLOYMENT HAS increased to an estimated rate of 6Thu Sept 04 2008 - 01:00
Tax take for first eight months 10% below expectationTAX REVENUE collected by the Government in the first eight months of the year has slipped 10 per cent behind the projections …Wed Sept 03 2008 - 01:00
Redundancies level 36% up on last yearREDUNDANCIES IN 2008 are running 36 per cent ahead of last year, with 23,545 official redundancies in the first eight months, …Tue Sept 02 2008 - 01:00
Fall in July house prices slows to 0.2%HOUSE PRICES continued their descent in July, but at a slower pace, falling by an average of 0Tue Sept 02 2008 - 01:00
Employment levels continue to drop in manufacturing sectorSTAFFING LEVELS in the Irish manufacturing sector contracted sharply in August as firms adjusted employee numbers to falling …Tue Sept 02 2008 - 01:00
Tax revenues €2.8bn below Government targetTax revenue collected by the Government in the first eight months of the year has slipped 10 per cent behind the projections …Tue Sept 02 2008 - 01:00
C&C concerned by falling sales of ciderCIDER SELLER C&C Group warned yesterday that the deteriorating economic environment and its poor sales in pubs would dramatically…Sat Aug 30 2008 - 01:00
Mortgage lending growth lowest in 21 yearsGROWTH IN home mortgage lending has dropped to its lowest rate since 1987, according to new data from the Central Bank.Sat Aug 30 2008 - 01:00
Fyffes shares fall 30% after failure to raise pricesFRUIT IMPORTER Fyffes plunged 30 per cent in trading yesterday after it failed to secure the price increases it was counting …Sat Aug 30 2008 - 01:00
HFC to close its Republic branchesHFC BANK has confirmed the closure of its operations based in the Republic, with the loss of 41 jobs.Fri Aug 29 2008 - 01:00
Guinness gains market share in Ireland as sales grow by 2.3%IRISH GUINNESS drinkers are once again proving good for the drink's parent group, Diageo, after sales of the iconic stout grew…Fri Aug 29 2008 - 01:00
PLANET BUSINESSLaura Slattery takse a sideways glance at some the week's business news.Fri Aug 29 2008 - 01:00
Heineken says 2008 a challenging year for beer sectorLOWER ALCOHOL consumption levels mean 2008 will prove to be “another challenging year” for the beer industry, Heineken Ireland…Thu Aug 28 2008 - 01:00
Strong demand for cheese in US helps GlanbiaCHEDDAR CHEESE sales helped food group Glanbia achieve a profit before tax of €50Thu Aug 28 2008 - 01:00
Babcock plunges 36% as overhaul of board fails to convince marketSHARES IN Babcock Brown, the troubled Australian investment bank that ultimately controls Eircom, plunged yesterday morning after…Fri Aug 22 2008 - 01:00
Unemployment soars to 5.1% as 500 more jobs are lostECONOMIC GLOOM intensified yesterday as new figures showed that unemployment has soared to its highest rate since 1999, and a…Thu Aug 21 2008 - 01:00
Birth rate rises to highest point since 1980 as migration falls steeplyMIGRATION FIGURES: NET MIGRATION fell steeply in the year to the end of April, but the number of births in the State increased…Thu Aug 21 2008 - 01:00
Number with jobs falls by largest degree since 1991CSO UNEMPLOYMENT DATA: THE NUMBER of people employed fell in the second quarter of 2008 by the steepest amount since 1991, new…Thu Aug 21 2008 - 01:00
WeightWatchers deal fails to lift Greencore sharesFOOD GROUP Greencore has signed a 10-year licence agreement with WeightWatchers, which will see it produce a range of low-calorie…Wed Aug 20 2008 - 01:00
Hygiene hang-upsWHEN AUSTRALIAN Olympic official John Coates accused the British of being soap-dodgers last week, he was invoking a murky tradition…Tue Aug 19 2008 - 01:00
TUI Travel net losses widen to €651mTUI TRAVEL, Europe’s largest tourism company and the owner of Falcon, JWT and First Choice Holidays, saw its net losses widen…Fri Aug 15 2008 - 01:00
Bank shares lead bounce back after two days of gloomIseq: 4,499.96 (+98.95) Settlement date: August 19th THERE WAS a reversal of fortunes on the Iseq index yesterday, as Irish …Fri Aug 15 2008 - 01:00
New business at Zurich down 12% in first half of yearNEW BUSINESS at Zurich life insurance, the company formerly known as Eagle Star Life, fell 12 per cent to €92 million in the …Thu Aug 14 2008 - 01:00
Irish stocks fall on US sales and bank fearsIRISH SHARES tumbled again yesterday, with the Iseq index closing down 3Thu Aug 14 2008 - 01:00
Operating profit at Dublin Port up 7% to €28.5m Turnover still rising despite downturnDUBLIN PORT Company brought home a €28Wed Aug 13 2008 - 01:00
Growth in facility's traffic 'consistently underestimated'"THE MOUTH of the economy," is how Enda Connellan, chief executive of the Dublin Port Company, describes the port, where containers…Wed Aug 13 2008 - 01:00
Competition to rise in deposit marketIRISH BANKS are set to face two new competitors in the important customer deposit market, with plans by both the National Treasury…Mon Aug 11 2008 - 01:00
Hotels to be hit by fall in tourism revenueTOURISM REVENUE is on course to drop for the first time in four years this year, with an oversupply of hotel rooms set to create…Mon Aug 11 2008 - 01:00
Record amount of construction sector lay-offsA DROUGHT of new construction projects led to a record rate of layoffs in the troubled sector last month, the latest survey of…Mon Aug 11 2008 - 01:00
CRH reaps benefits of strengthening US dollarMARKET REPORT: THE DOLLAR's strengthening against the euro and the fall in the price of oil both lifted the Iseq index of Irish…Sat Aug 09 2008 - 01:00
Manufacturing output falls 3.3% in second quarterDIFFICULT TRADING conditions in the manufacturing sector led to a 3Sat Aug 09 2008 - 01:00