Mounting pressure on Coalition to help mortgage holders as interest rates rise above 4%Group of Independent TDs demand action ahead of budget to help hard-pressed homeownersThu Aug 10 2023 - 05:00
Irish mortgage rates hit decade high above 4% Data predate ECB’s July increase and recent rake hikes from lenders here so average is likely to increase furtherWed Aug 09 2023 - 12:37
Flutter’s big US gamble bears fruit as revenues soarHalf-year group revenue jumps by 38% to £4.8 billion as company reports strong pick-up in US businessWed Aug 09 2023 - 07:42
Ireland, the most expensive EU state, has bloc’s highest male life expectancy CSO report provides a snapshot of the State across a range of metrics and how it compares to other European countriesTue Aug 08 2023 - 12:09
Inflation drives value of retail spending in Dublin MasterCard’s latest SpendingPulse report point to continued upward momentum in retail salesTue Aug 08 2023 - 11:49
Bust-up over congestion charges in London could soon play out in DublinCongestion and air pollution in the capital are rising and the city’s transport network could soon become a major climate battlegroundMon Aug 07 2023 - 06:00
Wicklow eclipses Dublin as most expensive county in which to buy propertyGeowox report indicates the median or middle price paid for a home in Wicklow in the second quarter of this year was €425,000Fri Aug 04 2023 - 05:00
Three Ireland blames €13m earnings hit on higher energy costsState’s largest mobile operator adds 300,000 customers to its network, pushing its market share in the Republic to 43.5 per centThu Aug 03 2023 - 09:57
State sets new record with €48bn tax revenue so far this yearExchequer returns show tax revenue now running €4.3bn ahead of the same period last yearWed Aug 02 2023 - 16:30
Republic’s unemployment rate revised up to 4.1%Youth unemployment edges up to 10.7% but analysts say labour market remains ‘incredibly tight’Wed Aug 02 2023 - 11:55
Kerry expands Chinese footprint with €91m acquisition of Shanghai food businessIrish food giant has been strengthening its position in Asia’s rapidly expanding food marketTue Aug 01 2023 - 17:26
Greencoat Renewables expands wind assets portfolio with Spanish acquisition Dublin wind and solar group announces third acquisition in the Spanish marketTue Aug 01 2023 - 07:31
New mortgage loans exceed repayments for first time in JuneCentral Bank statistics indicate annual growth in loans to households for house purchase turned positive for the year to the end of JuneMon Jul 31 2023 - 18:27
European stocks rise on cooling inflation and healthcare boostInvestors buoyed by report showing euro zone inflation eased further in JulyMon Jul 31 2023 - 18:00
European shares rise as tech leads gains on Fed rate optimismStoxx 600 records best winning streak since April as tech and mining stocks boost indexThu Jul 13 2023 - 19:47
More than 100,000 planning permissions lay dormant at end-2022, including 50,000 in DublinDepartment of Finance report links viability of apartment schemes to combination of issues such as rising interest rates and judicial reviewsThu Jul 13 2023 - 17:53
Core inflation in State rises to 7.1% on back of higher mortgage costsCSO’s latest consumer price index points to another decline in headline price growth but underlying prices are still risingThu Jul 13 2023 - 11:27
Trade NI leads ‘largest ever’ mission to DublinBusiness delegation aims to highlight the North’s bright prospects to potential investorsThu Jul 13 2023 - 05:00
Republic losing out on new business because of ‘housing constraint’, Ibec warnsEmployers’ group says ‘capacity constraints’ in housing, infrastructure, skills and labour are main issues for firmsThu Jul 13 2023 - 05:00
Hostelworld books record half-year revenues of €51.5m as demand recovers since CovidTravel company has seen bookings rise by 64% to 3.4m, driven by strong performances in key markets in Europe, Asia and OceaniaWed Jul 12 2023 - 09:49
Tullow expects new Jubilee oil field to deliver over 100,000 barrels a dayOil and gas company maintains full-year production guidance while reporting unchanged revenue from last yearWed Jul 12 2023 - 08:42
Woodie’s owner Grafton Group sees revenues rise as it reaps benefits of diversificationDIY chain reports 3.2% increase in half-year revenue to £1.19bn (€1.4bn), ‘with 60% of revenue generated in Ireland, the Netherlands and Finland’Wed Jul 12 2023 - 07:40
Rapid-build technologies to facilitate delivery of 1,800 social homes Department signals plan to target more innovative prefabricated construction processes to speed up housing deliveryWed Jul 12 2023 - 05:00
McGrath promises fund to ensure spending on vital infrastructure into the futureMinister for Finance says he plans to introduce legislation establishing a countercyclical public investment fund and a sovereign wealth fund later this yearTue Jul 11 2023 - 15:44
Irish industrial production figures being distorted by outsourcing, says CSOContract manufacturing makes Irish output data volatile, State agency saysMon Jul 10 2023 - 14:28
Tesla the best-selling brand of new car with Irish motorists in June, CSO figures showAlmost a fifth of new cars registered in the State in the first half of 2023 were electricMon Jul 10 2023 - 12:32
Keir Starmer has started to sound like Boris Johnson on BrexitLabour leader’s Damascene conversion to the process he once fought tooth and nail against has him riding high in the pollsSun Jul 09 2023 - 12:05
Three months out from the budget and we’ve already had a big widening of parametersRevised budgetary package draws criticism from Ifac over return to pro-cyclical policies that have traditionally undermined economyFri Jul 07 2023 - 00:00
Budgetary strategy undermines Government’s credibility, Ifac claimsTaoiseach Leo Varadkar said that he would ‘respectfully disagree’ with the views of the Irish Fiscal Advisory CouncilThu Jul 06 2023 - 12:00
Euro-zone blue-chip values slip as tech shares pressured in advance of release of minutes from US Fed meeting Weak China services data weighs on miners, financials as euro zone services activity takes a hitWed Jul 05 2023 - 19:11
Despite warnings of overheating, the Coalition signals bigger budget package and again parks spending rule Strategy strikes balance between investing in public services and safeguarding finances, says Minister for FinanceWed Jul 05 2023 - 05:00
Surging revenues to fund giveaway budget with public spending boost and modest tax cuts, Government says The two ministers declined to say if this year’s ‘one-off’ measures – which do not entail permanent increases in public spending budgets – would match or exceed last year’s level of €4 billionTue Jul 04 2023 - 20:23
Surging tax revenues provide Government with war chest ahead of budgetGovernment Summer Economic Statement signals budgetary package of €6.4 billion for October’s budgetTue Jul 04 2023 - 16:30
Sherry FitzGerald flags thousands of properties lost to rental marketEstate agent estimates loss of up to 6,000 tenancies in the first six months of 2023Tue Jul 04 2023 - 05:00
Republic accounts for more than half of NI exports, according to ESRI data ESRI research examines all-island trade in wake of BrexitTue Jul 04 2023 - 05:00
Irish manufacturing activity slumps in face of weaker global demandLatest AIB purchasing managers’ index points to sustained falls in output and new ordersMon Jul 03 2023 - 04:00
Labour shortages and capacity constraints to restrict growth in 2024, warn Davy Stockbroker also revises growth outlook for economy on back of volatile export dataMon Jul 03 2023 - 04:00
Should we be preparing for Russia’s collapse and the global economic fallout that would follow?Prigozhin’s short-lived mutiny was the first clear sign of the potential chaos rippling under the surface as a result of the country’s botched military campaign in UkraineSun Jul 02 2023 - 13:11
Gabriel Makhlouf: ‘Ireland doesn’t show signs of an economy going into recession’Central Bank boss Gabriel Makhlouf says discounted rate of VAT on tourism has passed its sell-by data as he argues the best way to broaden tax base is to get rid of reliefsFri Jun 30 2023 - 12:30
Stubborn core inflation in Republic and euro zone a worrying sign for ECB Latest flash estimate indicates inflation in Ireland fell to 4.8% in June, down from 5.4% in MayFri Jun 30 2023 - 10:52
KPMG advocates suite of tax reforms to address State’s housing challengeBig Four accounting firm says a reduction in VAT on new homes could boost viability and reduce end-prices for buyersFri Jun 30 2023 - 04:00
Growth forecast for Irish economy slashed in face of pharma slowdownHousing completions this year will not reach last year’s 30,000 units but supply should increase in 2024, think tank warnsThu Jun 29 2023 - 05:00
‘No rationale’ for tax cuts in budget, ESRI warns Government Think tank cuts growth projection for Irish economy to just 0.1%, down from 5.5% previously, while highlighting overheating risk of giveaway budgetThu Jun 29 2023 - 00:00
Healthcare stocks weigh on European marketsShares of major European defence firms Leonardo, Saab and Rheinmetall each dropped more than 4 per centMon Jun 26 2023 - 19:37
Ireland’s high-price culture: who is to blame?Eurostat’s annual price survey pinpoints Ireland as the most expensive state in the EUSun Jun 25 2023 - 11:59
Giveaway budget package could overheat economy, Central Bank governor warnsGabriel Makhlouf says ‘binding capacity constraints’ in the economy and labour market adding to domestic inflationary pressuresFri Jun 23 2023 - 11:07
Economy’s challenge is coping with the fallout of successTop 1000: Ongoing inflationary pressures and rising interest rates leave families struggling for feelgood factor as exchequer becomes ever more reliant on multinationalsFri Jun 23 2023 - 11:00
Rathmines ‘affordable’ housing scheme seeks €4,000 a month for apartmentNine-unit project in Rathmines was delivered ‘to address the shortage of affordable housing’ in the area, according to church’s websiteThu Jun 22 2023 - 00:00
Fall-off of €5bn in pharma exports see State’s trade decline for first time in decadeCSO numbers highlight year-on-year fall-off in exports on back of volatile pharma tradeWed Jun 21 2023 - 12:45
Up to 40% of Irish-based employers plan to hire staff in coming quarterManpowerGroup survey also finds 81 per cent of businesses here are reporting difficulties finding staffWed Jun 21 2023 - 10:46
