Yuno Energy cuts energy prices again Pay-as-you-go supplier says it is now offering a new fixed rate targeted at new customersMon Nov 27 2023 - 08:09
Where have Ireland’s 200,000 vacant homes gone? Just 3,000 are liable for the new taxThe great silver bullet of vacancy was an illusion all along and the latest tax returns, published by the Department of Finance, prove itSun Nov 26 2023 - 12:05
Give Me a Crash Course in . . . tenants being offered new ‘right to purchase’ when landlord is sellingThe Government’s new legislation aims to help renters become homeowners, but will it succeed?Sat Nov 25 2023 - 06:00
Fallon & Byrne reports strong revenue as business bounces back from CovidFood retailer says flagship Exchequer Street store saw increased footfallFri Nov 24 2023 - 05:00
European shares rise to fresh two-month peak as oil majors rally Novo Nordisk invests $2.3bn to boost obesity drug productionThu Nov 23 2023 - 18:52
What happens when a recession becomes more real than technical?Central Bank governor Gabriel Makhlouf positive on the outlook for inflation, uncertain about impact of higher interest ratesThu Nov 23 2023 - 18:04
Consumers could face another ECB interest rate hike, Makhlouf warnsCentral Bank governor says outlook for economy is shaped by ongoing adjustment to higher interest ratesThu Nov 23 2023 - 12:35
Tenants to be offered new statutory ‘right to purchase’ when landlord is sellingNew legislation aims to shield more tenants from eviction when their properties are being soldWed Nov 22 2023 - 06:00
Ireland ranked 12th most attractive market for green investorsState’s improved ranking comes in wake of first offshore wind auctionWed Nov 22 2023 - 00:01
Central Bank watching loan arrears amid interest rates squeezeRegulator’s governing commission discusses impact of changing interest rate environment at latest meetingTue Nov 21 2023 - 15:49
European shares inch up after robust week, Bayer tanksItalian banks stocks gain after Moody’s upgrade, Bayer woes pile up as blood-thinner drug trial failsMon Nov 20 2023 - 18:02
Ireland’s emissions per capita now 23% higher than EU average, report finds Central Bank reports outline challenges from climate faced by economy and financial sectorMon Nov 20 2023 - 15:31
ECB to hold off on interest rate cuts until June, economist predicts ECB will slowly cut rates, one cut per quarter, for remainder 2024 and into 2025 as euro zone economy heads for ‘soft landing’, says US bank’s head of Europe economics researchMon Nov 20 2023 - 05:00
PwC Ireland opens new generative AI centre to boost adoption of technologyConsultancy also publishes survey suggesting Irish firms have been slow to adopt new technologyMon Nov 20 2023 - 05:00
AIB triples green lending pot to €30bn before sustainability conferenceLender says financing investment in climate and energy infrastructure is crucial to cementing green transitionMon Nov 20 2023 - 05:00
Different tax treatment of investment and savings ‘unfair’ - consumersAviva calls for Minister to fast-track review on 41% exit tax which is discouraging investment despite low deposit ratesMon Nov 20 2023 - 05:00
Britain’s Tories facing end of days as electoral wipeout looms Party hopes to resurrect fortunes by bringing former PM David Cameron back but its policy positions are alienating younger votersSun Nov 19 2023 - 10:57
RTÉ to offer ‘enhanced’ golden handshakes for staff earning over €100,000Seen & heard: McEvaddys consider terminal bid; opportunity in tech job losses; stockbrokers retrench; Quintain funding; and Cathal Brugha planSun Nov 19 2023 - 09:26
First-time homebuyers are older and earning more than ever - reportBanking & Payments Federation Ireland’s mortgage market report highlights the changing profile of buyers in Irish property marketFri Nov 17 2023 - 16:13
Slowdown in Irish labour market described as ‘striking’ as tech jobs fall by 3,400 IT sector suffers sharpest turnaround with jobs growth swinging from 8% year-on-year in December last year to -2.7% in SeptemberThu Nov 16 2023 - 16:25
Dublin house prices decline by 1.9% as higher interest rates deter buyersLatest CSO data highlights a fall-off in transactions in SeptemberWed Nov 15 2023 - 11:28
Irish economy expected to shrink this year for first time in over a decadeEuropean Commission predicts GDP will contract by 0.9% this year before growing by 3% in 2024 and 3.4% in 2025Wed Nov 15 2023 - 10:02
Tullow cuts full-year production forecast for second timeOil firm cites delays at its Jubilee South East site in GhanaWed Nov 15 2023 - 08:15
Ministers hail sea-change in housing supply Based on current trends, new home completions are expected to exceed this year’s target of 29,000 unitsWed Nov 15 2023 - 06:00
Household wealth slips by €12bn amid falling share pricesHeadline figure of €359bn was down from €371bn the previous year, driven by declining equity values, says CSOTue Nov 14 2023 - 16:22
Bidding process for buying homes in Ireland could be overhauled after expert processScottish model of closed bids where ‘highest bidder gets the house’ will be examined, Taoiseach saysTue Nov 14 2023 - 14:41
Government on course to exceed housing targets in 2023 and 2024, says Taoiseach Based on completion and commencement trends to date, Government says output is likely to exceed this year’s target of 29,000 units and next year’s 33,000 targetTue Nov 14 2023 - 13:00
A second Trump presidency and the divisive politics of immigrationFormer president’s careful manipulation of grievances related to globalisation and mass immigration has put him ahead of Biden in five of six key swing statesSun Nov 12 2023 - 11:04
European shares hit three-week high on earnings boostIn Dublin, Flutter tumbles on back of dour earnings forecastThu Nov 09 2023 - 18:19
Irish inflation falls back to 5.1% as energy prices continue to dropLatest Consumer Price Index indicates that prices on a monthly basis rose by 0.3 per cent in OctoberThu Nov 09 2023 - 12:05
Jones Engineering reports record €1.08bn revenue despite ‘challenges’Irish engineering group specialises in large-scale infrastructure projectsThu Nov 09 2023 - 08:00
Vacant property acquisitions scheme delivers just 900 unitsWhen it was established in 2017, the Housing Agency Acquisitions fund had a target of acquiring 1,600 units over four yearsThu Nov 09 2023 - 06:00
Euro zone retail sales weaken further as recession fears growEurostat says sales in the 20 countries sharing the euro fell by 2.9% year-on-year in SeptemberWed Nov 08 2023 - 12:28
Oil and gas companies warned to prepare for inevitable decline in demandReport by UK think tank says traditional energy companies face tough choices to preserve shareholder valueWed Nov 08 2023 - 05:15
Inflation across OECD falls to 6.2% in September as energy prices fall furtherPrice growth in the industrialised world has been easing on the back of weakening demand, which is itself linked to higher interest ratesTue Nov 07 2023 - 16:59
Kingspan falls most since April amid sales slowdownInsulation maker shares drop as much as 5.8% even as it expects record full-year profitMon Nov 06 2023 - 16:55
Number on live register falls despite rise in unemploymentAccording to the Central Statistics Office, there were 175,500 claimants on the register in OctoberMon Nov 06 2023 - 11:29
Will Ireland’s technical recession morph into a real one?The lagged effects of higher interest rates have triggered a slowdown but so far employment and wages are holding upSun Nov 05 2023 - 10:33
Unemployment rises for third consecutive month as Irish labour market softensCSO figures show the State’s headline jobless rate rose to 4.8% in OctoberThu Nov 02 2023 - 11:59
Some 6,500 workers are being paid less than minimum wage, ESRI study findsJust a quarter all employees aged 15–19 were paid at rates below the minimum wage, ESRI research indicatesThu Nov 02 2023 - 05:45
Glanbia upgrades earnings forecast as sports nutrition business outperformsKilkenny-based food giant sees strong revenue growth across its performance nutrition divisionWed Nov 01 2023 - 07:45
Is a Europe-wide recession now inevitable?With the euro zone economy in retreat, there is a now realistic chance that Europe will be in a recession by ChristmasTue Oct 31 2023 - 16:17
Euro zone inflation falls but economy contractsSlowdown likely to cement view that ECB will not be raising interest rates any further in the current cycleTue Oct 31 2023 - 10:13
First we had climate denial, now we have the great net-zero conSeventy-five of the world’s largest 112 fossil fuel companies have committed to reaching net zero but most are continuing to invest in climate-damaging projectsSun Oct 29 2023 - 12:00
Spending on housing significantly behind target again despite crisis€4 billion earmarked for spending on social and affordable housing this year - only €1.9bn spent up to end of SeptemberThu Oct 26 2023 - 06:00
Stocks struggle as soft earnings compound interest rate headacheMixed earnings raise concern about US economy as European bourses hit by slump in Worldline sharesWed Oct 25 2023 - 17:32
Some 22,000 new homes built so far this year as apartment boom in Dublin continuesCSO’s new dwellings completion series provides the most accurate picture of residential construction rates in the StateWed Oct 25 2023 - 11:51
House prices in Dublin now falling by almost 2%Latest official figures point to a further slowdown in the State’s property market on the back of rising borrowing costsTue Oct 24 2023 - 11:43
European shares edge down as geopolitical tensions weigh Pan-European Stoxx 600 ends 0.1 per cent lower after declines of over 3 per cent in the previous weekMon Oct 23 2023 - 18:13
Ireland identified as one of world’s top tax havens Ireland and Netherlands saw largest amount of profit shifting worth more than $140bn for each in 2019, report by EU Tax Observatory saysMon Oct 23 2023 - 12:52
