Marks & Spencer’s Irish business returns to profit after ‘lost year’ of pandemicUK retailer made a pretax profit in excess of €31m for the 52 weeks up to April 2nd last yearMon Feb 27 2023 - 05:15
Ibec predicts inflation to fall under 4% this year as energy prices stabiliseEasing inflationary momentum and resilient global demand to boost growth in Irish economy, says employers’ groupMon Feb 27 2023 - 05:00
Will Russia’s ailing economy topple Putin before his military reversals?Moscow’s military miscalculation is beginning to play out economically with GDP reversing, oil and gas revenue declining and, perhaps worst of all, the exodus of its youngest and brightest workersSun Feb 26 2023 - 14:40
Government U-turn ‘puts 80% of offshore wind projects at risk’Seen & Heard: Offshore wind projects at risk as Eirgrid and road authority clash while Irish banks benefit from being slow to pass on rising rates to saversSun Feb 26 2023 - 08:12
McGrath says inflation will fall more rapidly than expectedMinister for Finance says inflation in the Irish economy will now average 4-5% this year on the back of falling energy pricesFri Feb 24 2023 - 21:17
Global stocks tumble after US figures show inflation ‘far from over’Cineworld plunged 43.1% after cinema chain operator said shareholders may see equity wiped out in Chapter 11 exitFri Feb 24 2023 - 19:15
Irish consumer sentiment lifts slightly as inflation moderatesLatest Credit Union index suggests that cost-of-living pressures remain significant but are not quite as bad as fearedFri Feb 24 2023 - 05:00
Labour shortages driven by housing and childcare ‘shortcomings’, Varadkar saysTaoiseach Leo Varadkar highlights infrastructural issues in housing, education and childcare that undermine Irish economyThu Feb 23 2023 - 20:26
Housing starts rise in January despite increase in construction costsCommencement notices for the construction of 2,108 new residential homes nationally were received last monthThu Feb 23 2023 - 17:19
Two-thirds of Irish workers have some form of private pensionCSO data shows pension coverage greatest among workers aged 45-54 years but low among younger workersThu Feb 23 2023 - 12:31
Employment in Irish economy surges to new high of 2.57m Latest CSO figures indicate number of working-age adults in employment increased by 68,600 last yearThu Feb 23 2023 - 12:14
Fallon & Byrne incurs €4m loss related to liquidation of Rathmines outletFood retailer was forced to close its loss-making Rathmines unit in early 2020 but has returned to profitability since thenThu Feb 23 2023 - 06:15
Councils paying up to 50% more for construction of social housing than they were two years ago, department figures show Department of Housing data shed light on high cost of social housing projects even when the units are being built on public landsThu Feb 23 2023 - 05:45
Wholesale electricity prices fall 41.4% in JanuaryCSO’s latest wholesale price index tracks moderation in energy prices globallyWed Feb 22 2023 - 11:48
Ireland tops OECD growth charts in final quarter of 2022Paris-based agency highlights strong Irish GDP growth in latest batch of growth numbers for industrialised blocTue Feb 21 2023 - 12:45
Revolut users fall victim to convincing scam text message Financial Services and Pensions Ombudsman dealing with surge in complaints linked to payments appTue Feb 21 2023 - 05:00
Inflation is slowing but will it come back to ECB’s 2% target?Some analysts fear price growth will remain elevated at 4-5 per cent for a prolonged period, necessitating higher interest ratesSun Feb 19 2023 - 11:48
Energy and tech stocks drag markets lower as rate-hike worries resurfaceMarket optimism fades as fears of more monetary tightening intensifiesFri Feb 17 2023 - 19:15
Irish economy sees significant decline in its emissions intensityCSO report finds that while output has more than doubled in the past decade, emissions has only risen marginallyFri Feb 17 2023 - 18:11
Persistently high inflation will damage the credibility of central banks, warns Makhlouf Central Bank governor says ECB has a long way to go before it gets inflation under controlThu Feb 16 2023 - 19:38
Disposable incomes in Ireland: The counties with the highest and lowest levelsOver one-third of workers countrywide in Dublin city and county during 2020 with 12% in Cork, notes CSO reportThu Feb 16 2023 - 13:15
Irish inflation eases to 7.8% in January but energy and food costs remain high Consumer price index has fallen for three consecutive months, fuelling hopes inflation may have peakedThu Feb 16 2023 - 11:37
Exports hit record level of €208bn in 2022 on back of buoyant pharma trade Latest trade numbers show strong performance was driven by pharma exports, which accounted for two thirds of total goods exports last yearWed Feb 15 2023 - 13:37
Irish house price growth slows to 7.8% as market continues to coolYear-on-year inflation in Dublin falls to 6% as higher interest rates and wider inflationary pressures curb demandWed Feb 15 2023 - 11:32
Cost-of-living overtakes climate change as chief concern of Irish consumersSurvey by investment firm Amundi reveals changing priorities of Irish consumers after a year of escalating pricesWed Feb 15 2023 - 01:00
Finance Ireland to increase variable mortgage rates againNon-bank lender says it will increase variable rate products by 1 per cent from March 16thTue Feb 14 2023 - 16:20
Unemployment in OECD remains at 4.9% low despite cost-of-living pressuresLatest jobless barometer corresponded to 33.9 million, the lowest annual level since the series began in 2001Tue Feb 14 2023 - 15:04
Brexit has changed the North’s constitutional status no matter what the courts sayThe UK’s Supreme Court effectively shut down a legal challenge to the Northern Ireland protocol last week as Brexit grievances growSun Feb 12 2023 - 11:59
Government spending supports €2bn of potentially climate harmful activity, study findsResearch by Department for Public Expenditure and Reform examines climate impact of Government spendingFri Feb 10 2023 - 15:38
Nama may fall short of housing delivery targets due to viability challengesState-backed agency cites interest rates, infrastructure and planning permission as possible constraints on developmentWed Feb 08 2023 - 17:01
Exiting landlords linked to 21,000 property transactions last yearSherry FitzGerald warns about impending slowdown in construction, highlighting a fall-off in commencement noticesWed Feb 08 2023 - 15:37
Real household income rises across OECD as inflation crisis moderatesResults on a country-by-country basis were mixed howeverWed Feb 08 2023 - 15:27
Minister transfers additional €4bn to National Reserve FundLatest transfer brings to €6 billion the total that has been placed in the fund since last yearTue Feb 07 2023 - 19:05
Hopes of end to price squeeze as OECD inflation slows to 9.4% in DecemberHeadline rate was down from peak of 10.8 per cent in October and lowest level since April last yearTue Feb 07 2023 - 11:49
Ireland’s economic divide providing a lit match for far rightThe twin-track, increasingly polarising nature of the Irish economy is being used as ammunition by dark forcesSun Feb 05 2023 - 11:45
Housing now biggest threat to Ireland’s economic wellbeingBusiness leaders say we have reached a tipping point and that unless something is done to improve housing availability, our jobs-rich growth model will stallFri Feb 03 2023 - 05:00
Consumer spending and inflation bolster Government’s VAT receiptsLatest exchequer numbers show the State collected €7.5bn in tax in JanuaryThu Feb 02 2023 - 16:30
Permanent TSB opens for business in former Ulster Bank branches Bank takes over 25 former Ulster Bank branches, expanding its branch network to 98 locationsWed Feb 01 2023 - 15:52
Unemployment remains anchored at two-decade low of 4.4%Latest CSO figures point to tight labour market despite inflation crisis, with challenging recruitment conditions for employersWed Feb 01 2023 - 11:15
Davy doubles growth forecast for Irish economy on ‘less challenging’ global outlookBrokerage predict economy will grow by 6.9 per cent this year, up from a previous forecast of 3.5 per cent, as energy prices fallWed Feb 01 2023 - 00:01
‘Sticky’ inflation might see higher interest rates lingering for a while longerPrice growth may have peaked but economists disagree on how quickly it will revert to more normal levelsTue Jan 31 2023 - 15:43
Irish inflation falls to 7.7% amid hopes spike in prices may have peakedLatest flash estimate from CSO points to a softening in headline price growth on the back of lower energy pricesTue Jan 31 2023 - 11:39
IMF forecasts stronger global growth as inflation eases Washington-based agency said balance of risks remain tilted to the downside while warning Russia’s war in Ukraine could escalateTue Jan 31 2023 - 01:30
Residential construction surges but demand still outstrips supply, report findsProperty database GeoDirectory highlights pick-up in construction while noting prices and rents are still on the riseTue Jan 31 2023 - 00:01
Irish economy grew by 12.2% last year despite price squeeze and slowdown internationallyLatest flash estimate from Central Statistics Office was significantly ahead of expectations and made Ireland the fastest-growing economy in EuropeMon Jan 30 2023 - 12:42
Housing shortage now a ‘critical barrier’ to growth in Irish economy, Ibec warns Employers’ group says Government must adopt a suite of measures to improve the viability and affordability of homebuildingMon Jan 30 2023 - 06:00
Inflation, economic volatility and war displace climate and cyber risks as top threats to businessPwC’s annual CEO survey pinpoints changed priorities for business leaders after a year of inflation and war in UkraineMon Jan 30 2023 - 05:30
Ten Irish SMEs win customised supports and ad package from Google to help them flourish onlineWinning businesses from across retail and services sectors get leg up from web giantMon Jan 30 2023 - 05:15
Ireland’s housing crisis: why doesn’t the State step in and build? Red tape means purchasing social housing units directly from the private sector has become a more efficient use of resourcesSun Jan 29 2023 - 16:45
Cost-of-living crisis spoils Christmas for retailers CSO data shows volume of sales fell flat in December as consumers felt the pinchFri Jan 27 2023 - 11:42
