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Housing market beginning to ‘cool off’, MyHome.ie says

Housing market beginning to ‘cool off’, MyHome.ie says

House price growth slowed to 7.8 per cent as the summer ended

Mon Oct 03 2022 - 06:15
Deloitte Ireland revenues surge to €429m but client sentiment ‘more cautious’

Deloitte Ireland revenues surge to €429m but client sentiment ‘more cautious’

The bulk of the firm's growth in Ireland was driven by its consulting wing

Mon Oct 03 2022 - 05:30
Debts of bust businesses to top €2bn in 2022 and are rising fast, report finds

Debts of bust businesses to top €2bn in 2022 and are rising fast, report finds

PwC says insolvency rate in Ireland is currently one-third of the UK

Mon Oct 03 2022 - 05:00
National Lottery operator uses nearly all unclaimed prizes to boost advertising budget

National Lottery operator uses nearly all unclaimed prizes to boost advertising budget

About €120m of unclaimed prizes between 2015 and 2021 were used for 'marketing' while just €2 million was used to top up prizes

Fri Sept 30 2022 - 18:50
Mica redress should not require concrete levy, ESRI says

Mica redress should not require concrete levy, ESRI says

Cost of various building defect redress schemes, which could hit €6bn, could be "socialised" with windfall revenues, says economist Barra Roantree

Fri Sept 30 2022 - 17:34
Debate over 9% VAT is Irish tourism’s Neverending Story and it isn’t finished yet

Debate over 9% VAT is Irish tourism’s Neverending Story and it isn’t finished yet

Leo Varadkar’s intervention after the budget this week seemed calculated to keep the issue on the table

Fri Sept 30 2022 - 05:00
Markets roiled by fears over inflation and further steep interest rate hikes

Markets roiled by fears over inflation and further steep interest rate hikes

The Iseq in Dublin fell heavily, with Bank of Ireland prominent in a sea of red

Thu Sept 29 2022 - 19:38
Number of mortgage approvals to buy homes falls compared with 2021

Number of mortgage approvals to buy homes falls compared with 2021

Industry data shows surge in mortgage switchers and those fixing to escape interest rate hikes

Thu Sept 29 2022 - 06:00
Minister wanted tourism’s VAT rate kept at 9% and says decision to raise it will face ‘review’

Minister wanted tourism’s VAT rate kept at 9% and says decision to raise it will face ‘review’

Tourism industry hopes a change in Taoiseach and Minister for Finance at the end of the year will preface a decision to stop the rate reverting up to 13.5 per cent

Wed Sept 28 2022 - 13:04
Businesses will be able to claim up to €10,000 per month towards electricity and gas costs

Businesses will be able to claim up to €10,000 per month towards electricity and gas costs

Budget 2023: Paschal Donohoe announces new support scheme targeted at SMEs and administered by Revenue

Tue Sept 27 2022 - 14:48
Tourism’s 9% VAT coming to an end, but Varadkar leaves door ajar for possible extension

Tourism’s 9% VAT coming to an end, but Varadkar leaves door ajar for possible extension

Budget 2023: VAT rate for tourism and hospitality will revert to 13.5 per cent on March 1st

Tue Sept 27 2022 - 14:42
Lufthansa Technik’s Irish operations claimed $18.4m from taxpayers in 2021 ahead of the sale of a division in Shannon

Lufthansa Technik’s Irish operations claimed $18.4m from taxpayers in 2021 ahead of the sale of a division in Shannon

One of its three Irish units, an aircraft maintenance operation at Shannon, was later sold to Atlantic Aviation securing 300 jobs after 180 redundancies

Fri Sept 23 2022 - 15:40
Lenehans restaurant in Rathmines closes

Lenehans restaurant in Rathmines closes

Dublin 6 venue founded by husband-and-wife team Paul Byrne and Fiona McHugh has suffered cost increases

Fri Sept 23 2022 - 12:47
Hoteliers hint boom time is over as they call for extension of 9% VAT rate

Hoteliers hint boom time is over as they call for extension of 9% VAT rate

Irish Hotels Federation warns of 'rapidly cooling demand' amid galloping price hikes

Fri Sept 23 2022 - 07:49
National Children’s Hospital builder BAM Ireland reports a return to growth and profits

National Children’s Hospital builder BAM Ireland reports a return to growth and profits

Revenues at the firm surged by more than one-third in 2021, accounts show

Fri Sept 23 2022 - 06:00
Mark Paul: Runaway public spenders are like climate change deniers who want our kids to pick up the tab

Mark Paul: Runaway public spenders are like climate change deniers who want our kids to pick up the tab

It is as wrong to spend tomorrow's public cash today as it is to leave future generations the job of fixing the planet

Fri Sept 23 2022 - 05:00
Meticulous Clare man keeping up the standards at Dublin 4′s plushest hotel

Meticulous Clare man keeping up the standards at Dublin 4′s plushest hotel

Nicky Logue is as nitpicky as any serious five-star hotel manager but he has a 'giddy' side too

Fri Sept 23 2022 - 01:00
Government cannot ‘empty the tank’ with budget energy supports, Varadkar says

Government cannot ‘empty the tank’ with budget energy supports, Varadkar says

Subsidies for business in next week’s budget will be ‘broad based’, Tánaiste says

Thu Sept 22 2022 - 20:00
Dutch bank Rabobank gets €550m cash windfall from Irish operation

Dutch bank Rabobank gets €550m cash windfall from Irish operation

The institution, which used to operate here as ACC Bank, has taken €681m in dividends from Ireland since it quit the retail market in 2018

Wed Sept 21 2022 - 05:00
Prospects of US rate hikes and economic slowdown keep markets subdued

Prospects of US rate hikes and economic slowdown keep markets subdued

Iseq in Dublin falls 1.6 per cent

Tue Sept 20 2022 - 19:27
Tourism sector cuts recovery projections even if 9% VAT retained

Tourism sector cuts recovery projections even if 9% VAT retained

Industry believes return of visitors to pre-pandemic levels will stall over worries of European recession

Mon Sept 19 2022 - 05:00
Aer Lingus shutdown caused by fibre-optic rupture at UK building site

Aer Lingus shutdown caused by fibre-optic rupture at UK building site

Airline descended into chaos with more than 50 flights cancelled as airline could not process check-in and boarding of passengers

Fri Sept 16 2022 - 17:56
Gas price surge trebles profits on Corrib gas field for foreign investors

Gas price surge trebles profits on Corrib gas field for foreign investors

Latest quarterly results for 20% owner Vermilion Energy suggest the field could throw off total profits this year of up to €1 billion

Fri Sept 16 2022 - 05:15
Tax report has something to suit every political hue, but will ultimately amount to nothing

Tax report has something to suit every political hue, but will ultimately amount to nothing

The Commission on Taxation and Welfare’s eye-catching proposals push the boundaries of what the public will accept

Fri Sept 16 2022 - 05:00
Government called on to tap €855m training fund surplus to help businesses

Government called on to tap €855m training fund surplus to help businesses

Pre-budget submissions from retailers and recruiters want initiatives funded from National Training Fund excess

Thu Sept 15 2022 - 05:15
Fears over interest rates and growth weigh on consumer stocks

Fears over interest rates and growth weigh on consumer stocks

European shares fall as worries over US economy reach across Atlantic

Wed Sept 14 2022 - 19:21
Glenveagh chief says future of director criticised in Siteserv report is ‘under review’

Glenveagh chief says future of director criticised in Siteserv report is ‘under review’

Stephen Garvey says he has not yet spoken to Robert Dix, who was criticised in report into Siteserv sale

Wed Sept 14 2022 - 07:48
Car dealer being wound up owes almost €10.7m in unpaid taxes

Car dealer being wound up owes almost €10.7m in unpaid taxes

Companies linked to Carphone Warehouse and Polar Capital also named in latest Revenue tax defaulters list

Tue Sept 13 2022 - 16:11
Revenue ends checks on which businesses paid dividends while on State Covid subsidies

Revenue ends checks on which businesses paid dividends while on State Covid subsidies

Officials tell Labour TD Ged Nash that "exercise" comparing dividend payments with subsidies will not be repeated in 2022

Mon Sept 12 2022 - 17:07
Rough diamond: Dermot Desmond may have to bail out his Canadian mining investment yet again

Rough diamond: Dermot Desmond may have to bail out his Canadian mining investment yet again

The Irish businessman has spent heavily to keep Mountain Province Diamonds afloat as he waits for it to sparkle

Fri Sept 09 2022 - 05:00
Post-Covid spending spree is set to end as a harsh winter looms for Irish consumers

Post-Covid spending spree is set to end as a harsh winter looms for Irish consumers

The spending phoney war will soon be over and retail and hospitality had better watch out

Fri Sept 09 2022 - 05:00
Bank share prices surge after ECB rate hike

Bank share prices surge after ECB rate hike

US stocks volatile after hawkish Fed comments

Thu Sept 08 2022 - 19:05
European markets make gains as investors await interest rate news

European markets make gains as investors await interest rate news

The Iseq in Dublin was ahead by more than 1 per cent

Tue Sept 06 2022 - 18:28
Gas price surge roils European equity markets as Russian pipeline stays shut

Gas price surge roils European equity markets as Russian pipeline stays shut

Iseq in Dublin was down 2.1 per cent at the end of Monday's session

Mon Sept 05 2022 - 18:45
Cashless society would give banks way too much power

Cashless society would give banks way too much power

AIB’s U-turn and recent Aviva chaos are two examples of why cash may still be some kind of king

Fri Sept 02 2022 - 05:00
Taxpayers being called upon once again to stump up cash to stave off disaster

Taxpayers being called upon once again to stump up cash to stave off disaster

The growing pressure on businesses is real. With pandemic-era taxpayer subsidies barely finished, businesses want Government to save them from runaway electricity and gas costs

Fri Sept 02 2022 - 05:00
Dublin Providers claimed €1.8m in Covid subsidies while making record profits

Dublin Providers claimed €1.8m in Covid subsidies while making record profits

Firm owned by Dublin businessman Jerry Maher and family boosted executive pay while on State supports

Wed Aug 31 2022 - 05:00
Interest rate fears weigh heavily on investors in the US and Europe

Interest rate fears weigh heavily on investors in the US and Europe

Hawkish comments from central bankers on both sides of the Atlantic send traders running for cover

Mon Aug 29 2022 - 20:13
Global supply chains to Ireland remain ‘stable’ despite ongoing challenges

Global supply chains to Ireland remain ‘stable’ despite ongoing challenges

But report by UK group Woodlands warns strikes at ports abroad could yet spell trouble for Irish importers

Mon Aug 29 2022 - 08:33
Irish cog in Dutch-German rail tax avoidance scheme racks up €5m profit

Irish cog in Dutch-German rail tax avoidance scheme racks up €5m profit

Dublin firm Disa Assets set up by Dutch state railway but has since been bought by infrastructure group 3i

Mon Aug 29 2022 - 05:00
Cost-of-living crisis makes it harder to afford to move, say homebuyers

Cost-of-living crisis makes it harder to afford to move, say homebuyers

Research by property website Myhome.ie suggests inflation is having a significant negative impact on market sentiment

Mon Aug 29 2022 - 05:00
Leave alcohol taxes alone until the hangover clears from minimum unit pricing

Leave alcohol taxes alone until the hangover clears from minimum unit pricing

Cutting alcohol excise or raising alcohol levies will make it harder to judge if MUP has actually worked

Fri Aug 26 2022 - 05:00
Renewable energy portfolio generates multimillion euro windfall for Cork businessman

Renewable energy portfolio generates multimillion euro windfall for Cork businessman

Firm behind wind farms on south and west coasts pays €14.5m dividend plus large management fee

Thu Aug 25 2022 - 05:00
European indices snap losing streak to finish slightly ahead

European indices snap losing streak to finish slightly ahead

Worries over a looming energy crisis and gloomy growth outlook keep gains in check

Wed Aug 24 2022 - 19:39
Sony’s music label in Ireland boosts its sales and profits despite the pandemic

Sony’s music label in Ireland boosts its sales and profits despite the pandemic

Music label behind Christy Moore and Damien Dempsey records no financial hit from Covid-19

Wed Aug 24 2022 - 19:08
Lir Chocolates co-founder Connie Doody dies aged 76

Lir Chocolates co-founder Connie Doody dies aged 76

Civil servant-turned entrepreneur started the confectionery business at her kitchen table with former senator Mary White

Tue Aug 23 2022 - 16:30
US stocks suffer biggest decline in two months on worries about economic outlook

US stocks suffer biggest decline in two months on worries about economic outlook

Hawkish signals from central bank policymakers suggest more pain is yet to come

Mon Aug 22 2022 - 19:21
Profit is not a dirty word but greedflation most certainly is

Profit is not a dirty word but greedflation most certainly is

Grocery and energy companies making record profits as customers suffer due to inflation are open for criticism

Fri Aug 19 2022 - 05:00
Competition begins to sizzle in Ireland’s pizza delivery market

Competition begins to sizzle in Ireland’s pizza delivery market

All the major players plan significant expansion, as huge numbers of Irish consumers dial for pizza as if the Covid lockdowns never ended

Fri Aug 19 2022 - 05:00
Surging chicken feed costs clip wings of Armagh poultry processing giant Moy Park

Surging chicken feed costs clip wings of Armagh poultry processing giant Moy Park

Company's profits fell 58 per cent last year despite rise in revenues to more than £1.5bn

Thu Aug 18 2022 - 19:37
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